Industry Analysis & Industry Trends
The Hiking and Outdoor Equipment Stores industry has faced a difficult trading environment over the past five years as competition from both internal and external sources has pressured retail sales. Despite discretionary incomes increasing and average weekly hours worked declining, consumers have increasingly allocated more of their leisure time towards exercise and recreational activities that require minimal planning, dampening demand for hiking and outdoor equipment. The industry has also faced strong price competition from enterprises operating outside of the industry, such as department stores and pure-play online retailers of hiking and camping equipment. As a result, industry revenue is expected to grow by 1.9% annualised over the five years through 2015-16, to total $1.0... 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 industry segment is equipment and bags designed for hiking and outdoor activities, which account for an estimated 48.0% of industry revenue in the current year. Products in this segment include tents, luggage, portable cookware, generators, bedding, fridges and camp furniture. The variety of goods and higher price points for these products, due to their specialised nature, mean that this segment accounts for a large share of industry revenue... purchase to read more