NEW YORK, Feb. 28, 2022 /PRNewswire/ -- The Hunting Equipment Market Value in Americas is set to grow by USD 544.13 million from 2021 to 2026, as per the latest report by Technavio.
Resulting in Y-O-Y growth rate of 1.71% in 2022, read additional information about the market, Get FREE sample report.
Regional Market Outlook
69% of the market's growth will originate from the US during the forecast period. Market growth in this region will be faster than the growth of the market in the Rest of Americas.
The perception of hunting as a tradition in the US and the popularity of trophy hunting among hunters will facilitate the hunting equipment market growth in the US over the forecast period.
Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.
Vendor Landscape
The hunting equipment market in Americas is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Latest Drivers & Trends of the Global Hunting Equipment Market in Americas
The growing emphasis on healthy lifestyles among the population in the Americas, especially in the US and Canada, has led to a rise in the popularity of outdoor recreational activities in the region. Hunting is perceived as an integral part of North American culture, particularly in the US and Canada. Additionally, hunting constitutes a vital aid for wildlife management in the US and Canada, as a major revenue share generated from hunting licenses and excise levies from the purchase of hunting equipment is used for wildlife conservation and habitat management in these countries. The growing participation in outdoor recreational activities in the Americas is expected to drive the growth of the hunting equipment market in Americas.
Hunters are the key driving force for wildlife conservation activity, especially in North American countries such as the US and Canada. Through several federal and state-level programs in these countries, hunters contribute to funding that supports wildlife conservation and habitat restoration. The growing prominence of hunters as conservationists is expected to positively influence the hunting equipment market in Americas during the forecast period.
Find additional information about various other market drivers & trends mentioned in our FREE sample report.
Key Market Segmentation
The hunting equipment market share growth in Americas by the firearms segment will be significant during the forecast period. While hunters who use rifles and shotguns for game and bird hunting must carry equipment licenses, the use of muzzleloaders, primitive firearms, and handguns involve less stringent regulations in the Americas. Countries such as the US and Canada have predefined hunting seasons for specific types of games. For instance, muzzleloader deer hunting season in Alabama, US, is generally the third week of November every year. Firearm permit holders can hunt with any legal equipment during hunting season in the US and Canada.
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Our Hunting Equipment Market Report in Americas Covers the Following Areas:
Hunting Equipment Market in Americas: Key Highlights
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Hunting Equipment Market in Americas Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 1.13% |
Market growth 2022-2026 |
$ 544.13 million |
Market structure |
Fragmented |
YoY growth (%) |
1.71 |
Regional analysis |
US, Canada, and Rest of Americas |
Performing market contribution |
US at 69% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
American Outdoor Brands Inc., BERETTA HOLDING SA, BPS Direct LLC, Buck Knives Inc., Easton Technical Products Inc., FeraDyne Outdoors, Pure Fishing Inc., Spyderco Inc., Sturm Ruger and Co. Inc., and Vista Outdoor Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
2.2 Value chain analysis
Exhibit 09: Value chain analysis: Apparel, accessories, and luxury goods
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
2.2.7 Support activities
2.2.8 Innovation
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 12: Americas - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Americas market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition - Five forces 2021
5 Market Segmentation by Product
5.1 Market segments
The segments covered in this chapter are:
Exhibit 21: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 22: Comparison by Product
5.3 Firearms - Market size and forecast 2021-2026
Exhibit 23: Firearms - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Firearms - Year-over-year growth 2021-2026 (%)
5.4 Ammunition and accessories - Market size and forecast 2021-2026
Exhibit 25: Ammunition and accessories - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Ammunition and accessories - Year-over-year growth 2021-2026 (%)
5.5 Archery equipment and knives - Market size and forecast 2021-2026
Exhibit 27: Archery equipment and knives - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Archery equipment and knives - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Product
Exhibit 29: Market opportunity by Product
6 Customer landscape
6.1 Overview
Exhibit 30: Customer landscape
7 Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
Exhibit 31: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 32: Geographic comparison
7.3 US - Market size and forecast 2021-2026
Exhibit 33: US - Market size and forecast 2021-2026 ($ million)
Exhibit 34: US - Year-over-year growth 2021-2026 (%)
7.4 Rest of Americas - Market size and forecast 2021-2026
Exhibit 35: Rest of Americas - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Rest of Americas - Year-over-year growth 2021-2026 (%)
7.5 Canada - Market size and forecast 2021-2026
Exhibit 37: Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Canada - Year-over-year growth 2021-2026 (%)
7.6 Market opportunity by geography
Exhibit 39: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing popularity of outdoor recreational activities
8.1.2 Rise in the popularity of online sales
8.1.3 Rapid growth of the tourism industry
8.2 Market challenges
8.2.1 Seasonal nature of business
8.2.2 Stringent regulations on hunting activity
8.2.3 Decline in hunting enthusiasts in the Americas
Exhibit 40: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growing prominence of hunters as conservationists
8.3.2 Innovation in ammunition designs
8.3.3 Increase in outdoor initiatives in the US
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 40: Vendor Landscape
9.3 Landscape disruption
Exhibit 41: Landscape disruption
9.4 Industry risks
Exhibit 42: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 45: Market positioning of vendors
10.3 American Outdoor Brands Inc.
Exhibit 46: American Outdoor Brands Inc. - Overview
Exhibit 47: American Outdoor Brands Inc. - Product and service
Exhibit 48: American Outdoor Brands Inc. - Key offerings
10.4 BERETTA HOLDING SA
Exhibit 49: BERETTA HOLDING SA - Overview
Exhibit 50: BERETTA HOLDING SA - Product and service
Exhibit 51: BERETTA HOLDING SA - Key offerings
10.5 BPS Direct LLC
Exhibit 52: BPS Direct LLC - Overview
Exhibit 53: BPS Direct LLC - Product and service
Exhibit 54: BPS Direct LLC - Key offerings
10.6 Buck Knives Inc.
Exhibit 55: Buck Knives Inc. - Overview
Exhibit 56: Buck Knives Inc. - Product and service
Exhibit 57: Buck Knives Inc. - Key offerings
10.7 Easton Technical Products Inc.
Exhibit 58: Easton Technical Products Inc. - Overview
Exhibit 59: Easton Technical Products Inc. - Product and service
Exhibit 60: Easton Technical Products Inc. - Key offerings
10.8 FeraDyne Outdoors
Exhibit 61: FeraDyne Outdoors - Overview
Exhibit 62: FeraDyne Outdoors - Product and service
Exhibit 63: FeraDyne Outdoors - Key offerings
10.9 Pure Fishing Inc.
Exhibit 64: Pure Fishing Inc. - Overview
Exhibit 65: Pure Fishing Inc. - Product and service
Exhibit 66: Pure Fishing Inc. - Key offerings
10.10 Spyderco Inc.
Exhibit 67: Spyderco Inc. - Overview
Exhibit 68: Spyderco Inc. - Product and service
Exhibit 69: Spyderco Inc. - Key offerings
10.11 Sturm Ruger and Co. Inc.
Exhibit 70: Sturm Ruger and Co. Inc. - Overview
Exhibit 71: Sturm Ruger and Co. Inc. - Business segments
Exhibit 72: Sturm Ruger and Co. Inc. - Key offerings
Exhibit 73: Sturm Ruger and Co. Inc. - Segment focus
10.12 Vista Outdoor Inc.
Exhibit 74: Vista Outdoor Inc. - Overview
Exhibit 75: Vista Outdoor Inc. - Business segments
Exhibit 76: Vista Outdoor Inc.- Key news
Exhibit 77: Vista Outdoor Inc. - Key offerings
Exhibit 78: Vista Outdoor Inc. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 82: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 83: Research Methodology
Exhibit 84: Validation techniques employed for market sizing
Exhibit 85: Information sources
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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