NEW YORK, June 21, 2023 /PRNewswire/ -- The hunting equipment market size in Americas is set to grow by USD 733.75 million from 2022 to 2027 progressing at a CAGR of 1.47% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of online sales. The rise in popularity of online sales is notably driving the hunting gear market growth. The e-commerce industry in the Americas has experienced rapid growth, driven by the widespread adoption of internet-enabled smartphones in countries like the US, Canada, and Mexico. Furthermore, hunting equipment providers such as BPS Direct LLC (BPS Direct) in the region have capitalized on this trend. These companies offer a wide array of equipment, including crossbows, arrows and shafts, firearms, ammunition, rifle scopes, and game calls through their online platforms. Moreover, they have expanded their online presence to reach emerging markets like Argentina and Mexico. The growing popularity of online sales is expected to boost the hunting gear market growth during the forecast period. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!
The hunting equipment market in Americas covers the following areas:
Americas Hunting Equipment Market Sizing
Americas Hunting Equipment Market Forecast
Americas Hunting Equipment Market Analysis
The report on the hunting equipment market in America provides a holistic update, market size and forecast, trends, growth drivers, challenges, and vendor analysis.
Hunting Equipment Market in Americas 2023-2027 - Market Dynamics
Major Trends
- The growing popularity of hunters as conservationists is the key trend in the hunting equipment & accessories market in Americas.
- In the US and Canada, hunters play a significant role in financing wildlife conservation and habitat restoration through various federal and state-level programs.
- An example of such a program is the Duck Stamp, previously referred to as the Federal Migratory Bird Hunting and Conservation Stamp, which serves as a mandatory license for waterfowl hunting in the US.
- Moreover, the increasing recognition of hunters as conservationists is anticipated to have a positive impact on the hunting gear market in the Americas during the forecast period.
Significant challenges
- The seasonal nature of business is the major challenge in restricting the hunting equipment & accessories market growth in Americas.
- The hunting equipment market in America experiences significant revenue fluctuations due to seasonal sales patterns in the region.
- Furthermore, hunting activities are restricted during the closed season to protect wildlife species during mating or breeding periods.
- For example, in New Hampshire, USA, the open season for wild turkey typically occurs in May, while deer hunting is allowed from October to December each year.
- The seasonal variations in hunting activities are expected to restrict the growth of the targeted hunting gear market during the forecast period.
Hunting Equipment Market in Americas 2023-2027: Market Segmentation
The hunting equipment market in the Americas market is segmented by product (firearms, ammunition and accessories, and archery equipment and knives) and end-user (commercial and personal).
- The market growth of the firearms segment will be significant during the forecast period. Firearms include a wide range of weapons, such as rifles, shotguns, muzzleloaders, primitive firearms, pistols, and handguns. Regulations about equipment licenses differ for hunters using rifles and shotguns for game and bird hunting compared to those using muzzleloaders, primitive firearms, and handguns in the Americas. While the former requires more stringent licensing, the latter category faces less stringent regulations. Furthermore, countries like the US and Canada have promoted hunting seasons for specific game types, allowing firearm permit holders to use any legal equipment during these seasons. Hence, these factors are expected to be driving the growth of the firearms segment in the hunting equipment market in Americas during the forecast period.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
Companies Mentioned
- Academy Sports and Outdoors Inc.
- American Outdoor Brands Inc.
- BERETTA HOLDING SA
- BPS Direct LLC
- Buck Knives Inc.
- Camping World Holdings Inc.
- Easton Technical Products Inc.
- FeraDyne Outdoors
- Hoyt Archery
- Lowes Co. Inc.
- Newell Brands Inc.
- Nielsen Kellerman Co.
- Scheels
- Sportsmans Warehouse Holdings Inc.
- Spyderco Inc.
- Sturm Ruger and Co. Inc.
- Surge Outdoors
- TenPoint Crossbow Technologies
- Under Armour Inc.
- Vista Outdoor Inc.
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Vendor Offering
- Academy Sports and Outdoors Inc. - The company offers hunting equipment such as hunting clothes, hunting blinds, and game cameras.
- BPS Direct LLC - The company offers hunting equipment such as fishing reels, rods, and crossbows.
- Easton Technical Products Inc. - The company offers hunting equipment such as Arrows, Bows, Sights, Optics, Stabilizers, and Quivers.
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Hunting Equipment Market Scope in Americas |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1.47% |
Market growth 2023-2027 |
USD 733.75 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
1.24 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Academy Sports and Outdoors Inc., American Outdoor Brands Inc., BERETTA HOLDING SA, BPS Direct LLC, Buck Knives Inc., Camping World Holdings Inc., Easton Technical Products Inc., FeraDyne Outdoors, Hoyt Archery, Lowes Co. Inc., Newell Brands Inc., Nielsen Kellerman Co., Scheels, Sportsmans Warehouse Holdings Inc., Spyderco Inc., Sturm Ruger and Co. Inc., Surge Outdoors, TenPoint Crossbow Technologies, Under Armour 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 recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
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 Content
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Americas - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Americas: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
4 Historic Market Size
- 4.1 Hunting equipment market in Americas 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Hunting equipment market in Americas 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 29: Chart on Product - Market share 2022-2027 (%)
- Exhibit 30: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 31: Chart on Comparison by Product
- Exhibit 32: Data Table on Comparison by Product
- 6.3 Firearms - Market size and forecast 2022-2027
- Exhibit 33: Chart on Firearms - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Firearms - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Firearms - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Firearms - Year-over-year growth 2022-2027 (%)
- 6.4 Ammunition and accessories - Market size and forecast 2022-2027
- Exhibit 37: Chart on Ammunition and accessories - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Ammunition and accessories - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Ammunition and accessories - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Ammunition and accessories - Year-over-year growth 2022-2027 (%)
- 6.5 Archery equipment and knives - Market size and forecast 2022-2027
- Exhibit 41: Chart on Archery equipment and knives - Market size and forecast 2022-2027 ($ million)
- Exhibit 42: Data Table on Archery equipment and knives - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Chart on Archery equipment and knives - Year-over-year growth 2022-2027 (%)
- Exhibit 44: Data Table on Archery equipment and knives - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Product
- Exhibit 45: Market opportunity by Product ($ million)
- Exhibit 46: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 49: Chart on Comparison by End-user
- Exhibit 50: Data Table on Comparison by End-user
- 7.3 Commercial - Market size and forecast 2022-2027
- Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
- 7.4 Personal - Market size and forecast 2022-2027
- Exhibit 55: Chart on Personal - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Personal - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Personal - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Personal - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 59: Market opportunity by End-user ($ million)
- Exhibit 60: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 62: Chart on Market share by geography - 2022-2027 (%)
- Exhibit 63: Data Table on Market share by geography - 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 64: Chart on Geographic comparison
- Exhibit 65: Data Table on Geographic comparison
- 9.3 US - Market size and forecast 2022-2027
- Exhibit 66: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.4 Canada - Market size and forecast 2022-2027
- Exhibit 70: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 73: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.5 Rest of Americas - Market size and forecast 2022-2027
- Exhibit 74: Chart on Rest of Americas - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Data Table on Rest of Americas - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Chart on Rest of Americas - Year-over-year growth 2022-2027 (%)
- Exhibit 77: Data Table on Rest of Americas - Year-over-year growth 2022-2027 (%)
- 9.6 Market opportunity by geography
- Exhibit 78: Market opportunity by geography ($ million)
- Exhibit 79: Data Table on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 80: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 81: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 82: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 83: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 84: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 85: Matrix on vendor position and classification
- 12.3 Academy Sports and Outdoors Inc.
- Exhibit 86: Academy Sports and Outdoors Inc. - Overview
- Exhibit 87: Academy Sports and Outdoors Inc. - Product / Service
- Exhibit 88: Academy Sports and Outdoors Inc. - Key offerings
- 12.4 American Outdoor Brands Inc.
- Exhibit 89: American Outdoor Brands Inc. - Overview
- Exhibit 90: American Outdoor Brands Inc. - Product / Service
- Exhibit 91: American Outdoor Brands Inc. - Key news
- Exhibit 92: American Outdoor Brands Inc. - Key offerings
- 12.5 BERETTA HOLDING SA
- Exhibit 93: BERETTA HOLDING SA - Overview
- Exhibit 94: BERETTA HOLDING SA - Product / Service
- Exhibit 95: BERETTA HOLDING SA - Key offerings
- 12.6 BPS Direct LLC
- Exhibit 96: BPS Direct LLC - Overview
- Exhibit 97: BPS Direct LLC - Product / Service
- Exhibit 98: BPS Direct LLC - Key offerings
- 12.7 Buck Knives Inc.
- Exhibit 99: Buck Knives Inc. - Overview
- Exhibit 100: Buck Knives Inc. - Product / Service
- Exhibit 101: Buck Knives Inc. - Key offerings
- 12.8 Easton Technical Products Inc.
- Exhibit 102: Easton Technical Products Inc. - Overview
- Exhibit 103: Easton Technical Products Inc. - Product / Service
- Exhibit 104: Easton Technical Products Inc. - Key offerings
- 12.9 FeraDyne Outdoors
- Exhibit 105: FeraDyne Outdoors - Overview
- Exhibit 106: FeraDyne Outdoors - Product / Service
- Exhibit 107: FeraDyne Outdoors - Key offerings
- 12.10 Hoyt Archery
- Exhibit 108: Hoyt Archery - Overview
- Exhibit 109: Hoyt Archery - Product / Service
- Exhibit 110: Hoyt Archery - Key offerings
- 12.11 Newell Brands Inc.
- Exhibit 111: Newell Brands Inc. - Overview
- Exhibit 112: Newell Brands Inc. - Business segments
- Exhibit 113: Newell Brands Inc. - Key news
- Exhibit 114: Newell Brands Inc. - Key offerings
- Exhibit 115: Newell Brands Inc. - Segment focus
- 12.12 Scheels
- Exhibit 116: Scheels - Overview
- Exhibit 117: Scheels - Product / Service
- Exhibit 118: Scheels - Key offerings
- 12.13 Sportsmans Warehouse Holdings Inc.
- Exhibit 119: Sportsmans Warehouse Holdings Inc. - Overview
- Exhibit 120: Sportsmans Warehouse Holdings Inc. - Product / Service
- Exhibit 121: Sportsmans Warehouse Holdings Inc. - Key offerings
- 12.14 Spyderco Inc.
- Exhibit 122: Spyderco Inc. - Overview
- Exhibit 123: Spyderco Inc. - Product / Service
- Exhibit 124: Spyderco Inc. - Key offerings
- 12.15 Sturm Ruger and Co. Inc.
- Exhibit 125: Sturm Ruger and Co. Inc. - Overview
- Exhibit 126: Sturm Ruger and Co. Inc. - Business segments
- Exhibit 127: Sturm Ruger and Co. Inc. - Key offerings
- Exhibit 128: Sturm Ruger and Co. Inc. - Segment focus
- 12.16 TenPoint Crossbow Technologies
- Exhibit 129: TenPoint Crossbow Technologies - Overview
- Exhibit 130: TenPoint Crossbow Technologies - Product / Service
- Exhibit 131: TenPoint Crossbow Technologies - Key offerings
- 12.17 Vista Outdoor Inc.
- Exhibit 132: Vista Outdoor Inc. - Overview
- Exhibit 133: Vista Outdoor Inc. - Business segments
- Exhibit 134: Vista Outdoor Inc. - Key offerings
- Exhibit 135: Vista Outdoor Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 136: Inclusions checklist
- Exhibit 137: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 138: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 139: Research methodology
- Exhibit 140: Validation techniques employed for market sizing
- Exhibit 141: Information sources
- 13.5 List of abbreviations
- Exhibit 142: List of abbreviations
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