The
hunting apparel market is expected to grow
by USD 235.35 million, accelerating at a CAGR of almost 3% during the forecast
period.
The rise in popularity of outdoor recreational activities is one of the
major factors propelling market growth. However, the regulations on hunting and
hunting ban will hamper market growth.
Rising urbanization, hectic lifestyles, and increased health consciousness
have created the need for destressing. This has increased peoples’ engagement
in leisure and outdoor activities such as hunting, which in turn, has increased
the demand for hunting apparel. To capitalize on this growing interest, vendors
in the market are expanding their product portfolios and offering effective
hunting apparel to attract consumers. All these factors are fueling the growth
of the global hunting apparel market.
Global Hunting Apparel Market: Distribution Channel Landscape
Based on the distribution channel, the offline distribution channel
segment will witness lucrative growth during the forecast period. The segment
is mainly driven by the increasing popularity of hunting apparel and
accessories specialty retail stores. In addition, the easy availability of
exclusive designer collections and private-label brands across offline retail
chains is contributing to the growth of the segment.
Global Hunting Apparel Market: Geographic Landscape
By geography, North America will see lucrative growth during the
forecast period due to the increasing popularity of trophy hunting among
hunters in the region. In addition, vendors operating in the region are
increasing their marketing efforts on social media platforms to promote their
products. These factors are driving the growth of the hunting apparel market in
North America.
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Companies Covered
·
Browning International SA
·
Clarkfield Outdoors
·
DICKS Sporting Goods Inc.
·
Gamehide
·
KUIU Ultralight Hunting
·
ScoNZ Imports Ltd.
·
TOPGUN LTD.
·
Under Armour Inc.
·
VF Corp.
·
W. L. Gore & Associates Inc.
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