The US Outdoor Recreation Products Market is Expected to Increase at High Growth Rates During the Forecasted Period (2018-2022).
The report entitled “The US Outdoor Recreation Products Market: Size, Trends & Forecasts (2018-2022)”, provides analysis of the US outdoor recreation products market, with detailed analysis of market size, consumer spending, and segmentation of the industry. Analysis includes the market as per consumer spending, and by segmentation on the basis of types of products and activities.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US outdoor recreation products market has also been forecasted for the years 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Taking the key players operating in the US outdoor recreation products market, the report provides a business overview, financial overview and business strategies of the companies.
Table of Contents
1. Executive Summary
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Executive Summary
In the US region, the outdoor recreation industry is very wide and plays an important role in the region’s economy. The outdoor recreation industry provides various activities for releasing stress and bonding with family, friends and oneself. The outdoor recreation industry’s primary purpose are to be of a beneficial use (i.e. goal oriented activities or for purely leisurely pursuits allowing for the total immersion in nature).
Outdoor recreation activities includes trekking, rock climbing, skiing, snowboarding, canyoning, camping, wildlife safari, snorkeling, scuba diving, running, sport fishing, swimming, fishing, waterskiing, skydiving, paragliding, and many more. An outdoor recreation experience model goes with user’s input first (i.e. motivation and preference for outdoor activity), second is user’s recreation choices (i.e. activities, environment and companions, equipment that is required, apparel and footwear selection, etc.) and lastly, user’s desired outcomes (recreational experience).
Outdoor recreation industry is divided into two parts: outdoor recreation products market and trip & travel spending. Outdoor recreation products market delivers all the products and equipments required for execution of an outdoor activity such as the apparel or footwear, bicycles, skis, fishing waders, tents, rifles, backpacks, etc. There are four segments of the outdoor recreation products market: active apparel, active footwear, outdoor equipments and sports equipment & apparel.
The US Outdoor Recreation Products Market is expected to increase at high growth rates during the forecasted period (2018-2022). The US outdoor recreation products market is supported by various growth drivers, such as increased online purchases of outdoor recreation products, an increase in participation, accelerated mergers & acquisitions in the industry, etc. Yet the market faces certain challenges, such as rising raw material prices, climate uncertainties, etc.
Companies Mentioned
- VF Corporation
- Columbia Sportswear Company
- Lululemon Athletica Inc.
- Nike Inc.
