Increasing Spending on Recreational Activity to Accelerate the Hunting Gear Mark

Posted by Vasim Shikalgar on January 15th, 2020

Industry Probe has titled an upcoming report as “Hunting Gear Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027” to its ever growing database of reports. The report explicates the market for hunting gear via a sequence of channels that incorporate data ranging from fundamental information to an unquestionable projection. It further includes all the primary factors that are expected to undergo definite transformation within the market. The data accessible in the report therefore can be used to augment a standing of the company operating in the global hunting gear market.      

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As per the report from Industry Probe, increasing spending on recreational activity and growing first-time hunters is expected to accelerate the market growth over the forecast period. Globally, hunting has been one of the most popular outdoor recreational activities. Socio-economic factors such as rising standards of living and increasing disposable income of middle-class families are anticipated to boost the global hunting gear market during the forecast period, says the report. 

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The report has segmented the global hunting gear market on the basis of product type, hunting type, end-user, distribution channel, and geography. Based on end-user, the global hunting gear market is segmented into professional hunter and non-professional hunter. In terms of distribution channel, the global hunting gear market is segmented into online and offline distribution channel. The online distribution channel is further sub-segmented into company-owned portals and E-commerce portals. The offline distribution channel is sub-segmented into exclusive stores, multi-brand stores, and hypermarkets/ supermarkets. The online distribution channel is expected to be the fastest growing segment during the forecast period.

Some of the major players operating in the global hunting gear market are included in this report to give a better competitive analysis of the market and these include Swedteam AB, Remaco Industrial Limited, Kuiu, DICK'S Sporting Goods, Ray Allen Manufacturing, LLC, Ruffwear, Kryptek, Pnuma Outdoors, SITKA Gear, Primos Hunting, BOWINS Garment, BLOCKER OUTDOORS, Haas Outdoors, Inc., Robinson Outdoor Products, Mossy Oak Hunting Accessories, SITKA Gear, Vanguard, Drake Waterfowl Systems, C.C. FILSON CO., Slumberjack, and others. 

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Vasim Shikalgar

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Vasim Shikalgar
Joined: December 24th, 2019
Articles Posted: 29

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