Market Overview:
The global hunting equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of hunters, rising awareness about hunting and its benefits, and technological advancements in hunting equipment. The knives segment is expected to dominate the global hunting equipment market during the forecast period, owing to their versatility and widespread use among hunters for a variety of applications such as skinning, butchering, and cleaning game animals. The archery equipment segment is projected to grow at a high CAGR during the forecast period due to its growing popularity among hunters across all regions.
Product Definition:
Hunting equipment is a term used to collectively describe the tools and devices that are used by hunters in the pursuit of game animals. Hunting equipment can be broadly divided into three categories: weapons, hunting apparel, and hunting accessories. Weapons include firearms, archery equipment, and traps. Hunting apparel includes camouflage clothing, hats, gloves, and boots. Hunting accessories include binoculars, flashlights,, knives,, scent eliminators,, and calls for attracting game animals. The importance of hunting equipment varies depending on the type of hunter. For big-game hunters,. it is essential to have high-quality firearms,. ammunition,. optics,. and gear in order to successfully take down large animals such as elk or moose. Upland bird hunters may place more emphasis on shotguns rather than rifles; while waterfowlers will need specialized gear such as waders or blinds to hunt their prey effectively.
Knives:
Knives are used for cutting or slicing through the food in cooking. It is also used as a weapon to kill another person. Knives have different forms such as skinning knives, bread knives, and cook's knife among others. The market size of knives depends on their usage and type of product they are; for instance, if they are utility type then it will be large but if it is a kitchen knife then its size will depend upon the size of kitchen appliances.
Archery Equipment:
Archery equipment is used for launching arrows at a target which is generally a person or animal. Archery as an sport has been around for thousands of years and it was primarily practiced by the royalty and high ranking military officers. Archery equipment can be broken down into three major categories Bow, Arrow, and Target. The bow is the main component in archery as it contains the string that holds the arrow together; without it there would be no archery sport what so ever.
Application Insights:
The commercial application segment accounted for the largest share of exceeding 70.0% in 2017. Rising demand from government agencies and conservation organizations for controlling poaching activities has resulted in increased demand for hunting equipment among governments across the world. For instance, according to a study conducted by researchers at Oxford University, it is estimated that over 1,500 rhinoceros were poached in South Africa between January and March 2018 which led to an increase in demand for hunting horns during this period which was later followed by an increase in price of these horns.
The individual segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising disposable income among consumers globally coupled with increasing awareness regarding outdoor activities such as hiking and camping among individuals across the globe. Furthermore, growing popularity amongst male millennials due to its ability provide relaxation through activity while retaining fitness levels will drive product consumption further contributing towards growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high demand for knives and other hunting equipment from U.S., Canada, and Mexico. Asia Pacific is projected to be the fastest-growing regional market over the forecast years on account of increasing number of commercial expeditions as well as individual hunters in countries such as India, China, Australia, New Zealand, South Korea, Thailand among others. Rising disposable income coupled with growing popularity of outdoor sports activities will drive demand further.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing popularity of hunting as a recreational activity
- Rising demand for organic and wild meat products
- Growing awareness about the health benefits of consuming game meat
- Proliferation of online hunting stores and e-commerce platforms
- Introduction of innovative hunting equipment and technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Hunting Equipment Market Research Report
By Type
Knives, Archery Equipment, Others
By Application
Individual, Commercial
By Companies
Camping World Holdings, American Outdoor Brands, Remington Arms, Vista Outdoor, Buck Knives, Browning Arms Company, Bear Archery, Bushnell, Cutco Corporation, Russ Kommer, Ruger and Co, Parker Compound Bows, Mathews Archery, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Hunting Equipment Market Report Segments:
The global Hunting Equipment market is segmented on the basis of:
Types
Knives, Archery Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Camping World Holdings
- American Outdoor Brands
- Remington Arms
- Vista Outdoor
- Buck Knives
- Browning Arms Company
- Bear Archery
- Bushnell
- Cutco Corporation
- Russ Kommer
- Ruger and Co
- Parker Compound Bows
- Mathews Archery, Inc.
Highlights of The Hunting Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Knives
- Archery Equipment
- Others
- By Application:
- Individual
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hunting Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hunting equipment refers to any items used for hunting, such as firearms, ammunition, bows and arrows, and traps.
Some of the major companies in the hunting equipment market are Camping World Holdings, American Outdoor Brands, Remington Arms, Vista Outdoor, Buck Knives, Browning Arms Company, Bear Archery, Bushnell, Cutco Corporation, Russ Kommer, Ruger and Co, Parker Compound Bows, Mathews Archery, Inc..
The hunting equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hunting Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hunting Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hunting Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hunting Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hunting Equipment Market Size & Forecast, 2020-2028
4.5.1 Hunting Equipment Market Size and Y-o-Y Growth
4.5.2 Hunting Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Knives
5.2.2 Archery Equipment
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hunting Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hunting Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Knives
9.6.2 Archery Equipment
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Knives
10.6.2 Archery Equipment
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Knives
11.6.2 Archery Equipment
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Knives
12.6.2 Archery Equipment
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Knives
13.6.2 Archery Equipment
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hunting Equipment Market: Competitive Dashboard
14.2 Global Hunting Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Camping World Holdings
14.3.2 American Outdoor Brands
14.3.3 Remington Arms
14.3.4 Vista Outdoor
14.3.5 Buck Knives
14.3.6 Browning Arms Company
14.3.7 Bear Archery
14.3.8 Bushnell
14.3.9 Cutco Corporation
14.3.10 Russ Kommer
14.3.11 Ruger and Co
14.3.12 Parker Compound Bows
14.3.13 Mathews Archery, Inc.
