Industry Analysis & Industry Trends
The Hiking and Outdoor Equipment Stores industry has struggled to grow over the past five years as competition from both internal and external sources has pressured retail sales. Industry players have benefited little from favourable economic conditions, with discretionary incomes increasing and consumer sentiment on the rise. Consumers are increasingly looking for exercise and recreational activities that require minimal planning, resulting in lacklustre demand for goods sold by hiking and outdoor equipment stores compared with those sold by personal fitness and sporting goods retailers. As a result, industry revenue is expected to grow by only 1.5% annualised over the five years through 2014-15, to total $1.22 billion... purchase to read more
Industry Report - Industry Products Chapter
The Hiking and Outdoor Equipment Stores industry retails a range of products for outdoor and camping use. These products can be split into four main categories: equipment and bags, apparel, accessories and footwear.
Equipment and bags
The largest segment is equipment and bags designed for outdoor and hiking activity, which account for 48.0% of industry revenue. Products in this segment include tents, luggage, portable cookware, generators, bedding, fridges and camp furniture. The wide variety of goods and the high prices that these goods attract due to their specialised nature mean that this segment accounts for a large share of revenue... purchase to read more