New Outdoor Market Report Shows Wildlife Watching on the Rise
From Businesswire:
The one sector to show any growth during this 10-year time-span consisted of wildlife watchers who observe, feed or photograph wildlife, a group that in 2006 was estimated to number 71.1 million individuals. The report notes that while hunting and fishing tend to be male dominated, over half of the wildlife watchers are women. "The positive developments in wildlife watching are in stark contrast with the recent trends occurring in the hunting and fishing markets tracked by the Survey," the Mercanti Chronicle says.
Focusing on the outdoor lifestyle retailers – Bass Pro Shops, Cabela's (NYSE: CAB), Gander Mountain (Nasdaq: GMTN) and Sportsman's Warehouse, specifically, and as opposed to general sporting goods retailers, specialty outdoor adventure retailers (REI, Moosejaw Mountaineering and Eastern Mountain Sports), along with farm and agricultural supply outlets, marine and clothing retailers, and small independents – the report finds a different trend taking place among key chains, which are adding outlets as they angle for market share.