Tough slog: Industry growth is being weighed down by changing consumer leisure trends

The Hiking and Outdoor Equipment Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


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...

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What is the Hiking and Outdoor Equipment Stores industry?

The Hiking and Outdoor Equipment Stores industry exhibits a low level of capital intensity. This is characteristic of retail industries due to a strong dependency on employees to generate sales and operate the store, as opposed to machinery or other fixed capital assets for manufacturing industries. In 2015-16, IBISWorld estimates that for every dollar spent on wages, only $0.12 is required as a capital investment. Over the past five years, depreciation costs have increased marginally to reflect developments in point-of-sale computer systems and automated inventory management systems used to streamline store operations. In coming years, industry operators are expected to increasingly adopt new sales technology. Des...

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Products & Brands

Major products in this industry
Equipment and bags
Examples of brands in this Industry
Ray's Outdoors

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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