A recent study by business research company Persistence Market Research revealed that the hunting apparel market is on an upward trajectory. The sector’s compound annual growth rate is estimated at around 8.6%, which could see it reach a global overall revenue of US $2 billion by the year 2030. Of course, studies like this are only guides and many things can change, but most will agree that this sector certainly appears to be on good footing for the future.
So, why is apparel specifically one of the areas in the hunting sector that is showing such positive potential? The answer, like many things in our business, is not simple, but there are some possible contributing factors we can look at to understand this trajectory more clearly.
1. Outdoor recreation is still booming
One of the most obvious reasons why hunting apparel is growing is because the hunting market overall is still in somewhat of a growth trend. Since the COVID-19 pandemic, more and more people have turned to outdoor pursuits, whether it’s people who were already hunters increasing the amount of time they spend hunting, hunters returning to the sport after a long time away, or completely new people to the pastime. Those two latter categories in particular are helping drive the profitability of the apparel sector. If you are new or returning to hunting – whether that’s deer stalking, grouse shooting, or hunting for wild boar – you will need appropriate clothing to help keep you comfortable for long periods in the outdoors. While the initial boom in interest in hunting may have calmed since the immediate pre-pandemic period, the sport is certainly still buoyant across Europe and the United States.
2. Hunters crave technical products
Waterproof, breathable, insect repellent, adjustable, and durable – these are all key characteristics that hunters usually demand from apparel. This market is about more than just off-the-shelf clothing from a faraway factory, it’s about producing technical garments that protect hunters from the cold, rain, wind, and sun while also keeping them comfortable for many hours. In the same way that hunters tend to get geeky about gun calibres, optics parallax settings, and shotgun shell patterns – they also love to get into the nitty gritty of clothing’s key technical performance attributes. Apparel is a growing market because the technology in the field is improving, and the engaged customers in the hunting sector are in tune with these improvements.