What is Outdoor Hard Goods?
Outdoor hardgoods is one of the favourite parts of the outdoor industry. In an industry driven for therefore long by innovation, it’s ironic to get that as technology changes an excellent many things remain an equivalent. Equipment meant to urge people outdoors aims simply to supply comfort and security while hauling supplies, creating shelter, preparing food, or bedding down for the night. The modern outdoor gear is getting back to the basics. According to OIA, sales of outside footwear, apparel, and hardgoods increased ~6.8 per cent and HAS reached USD 1.18 billion
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Keen Inc. (United States), Columbia (United States), Salomon (France), Merell (United States), The North Face (United States), SCARPA (United States), Aigle (France), Gore (United States), YETI COOLERS, LLC. (United States) and Patagonia Inc. (United States) |
. The study covers a detailed analysis segmented by key business segments i.e. by type (Backpacks, Climbing Ropes, Kayaks, Tents, Ski Parkas and Others) , by application (Camping & Hiking, Hunting, Fishing, Cycling and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Outdoor Hard Goods market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Outdoor Hard Goods market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Keen Inc. (United States), Columbia (United States), Salomon (France), Merell (United States), The North Face (United States), SCARPA (United States), Aigle (France), Gore (United States), YETI COOLERS, LLC. (United States) and Patagonia Inc. (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Trend
Surge in Outdoor Product Sales
Opportunities
Introduction of New Products by Manufacturers
Key highlights of the Global Outdoor Hard Goods market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Outdoor Hard Goods market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Outdoor Hard Goods market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Outdoor Hard Goods Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Outdoor Hard Goods market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Outdoor Hard Goods market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Outdoor Hard Goods, Suppliers of Outdoor Hard Goods, Wholesalers, Distributors, and Retailers of Outdoor Hard Goods, Potential Investors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.