Hunting & Trapping in the US
The commercial trapping segment of the Hunting and Trapping industry has experienced a steady decline during the five-year period, largely due to declining demand for fur, strong competition from fur farms and the proliferation of substitute artificial fur. Over the past five years to 2018, per capita disposable income has increased, enabling more consumers to make discretionary purchases on hunting and fishing excursions. Similarly, the number of domestic trips taken by US residents has risen, indicating that US consumers are increasingly willing to travel for leisure activities, such as hunting and fishing. Moving forward, the industry will contend with the prospect of long-term stagnation. Commercial trapping is expected to continue declining due to growing competition from fur farms and artificial fur. Nevertheless, demand for hunting and fishing preserves is expected to rise modestly over the five years to 2023 as available free-to-use hunting land continues to shrink.
This industry includes commercial trappers, commercial game preserves (such as game retreats), hunting preserves, fishing preserves and game propagation companies. Hunting with the intent to sell animal carcasses is illegal according to federal law. Exceptions include the hunting of reptiles, amphibians and fish, as well as the sale of antlers, hides and other specific animal parts obtained via hunting.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.