I wouldn't be too concerned, if anything I would be excited a bit... but not for the reasons the OP mentioned.
On the hammock end of things... Hennessy and ENO have been at REI for some time. And hammock interest has only grown. Exposure creates customers. Period.
I'm a backpacker mainly and not too up on the hammock world, so from my side of the fence...
As backpacking has grown in popularity it has only led to the growth of cottage vendors, and their success.
Zpacks, Enlightened, Gossamer Gear and on... A few of the early folks have stagnated a bit, but that was their choice mainly. More and more enter the market each year.
More users mainly means more beginners. A beginner doesn't know what they want and a cottage vendor must spend a large amount of time attempting to educate this buyer and charge a good chunk of change in the process. They have to devote a large amount of time and losses in exchanges/returns or education that they aren't set up for...
A beginner can hit up REI, hang in an ENO for a 11 months and 20 days and return the product any time.
From there, they can either give it up- in which case they would have been the worst possible customer for a cottage guy anyway...
Or they can get into it, at which point they become the ideal customer for a cottage vendor- educated, appreciative of the subtle differences that define quality, unlikely to return products, aware of what they want, willing to experiment and likely to advertise via word of mouth violently and loyally. As that's the only advertising that a cottage vendor can afford anyway; it's perfect.
An increase in any customer base, and preferably in an educated enthusiastic one is the ideal situation for cottage vendors to thrive. Cottage vendors have done well in backpacking precisely because the customer cannot buy something at REI and look to the cottage companies to innovate. You can buy a marmot or even north face sleeping bag at XYZ sporting goods store for $120 bucks... but some how there are more cottage vendors every few years selling sleeping gear,and existing vendors growing.
Think of it this way... there wouldn't be more than a handful of microbreweries if Sam Adams didn't do the legwork first. Nobody is buying a $6 beer unless somebody teaches them to drink a $3 one first. And you'd likely never have the opportunity to buy or sell such a quality good unless the $3 guy comes first.
I realize this hammock thing feels small and personal, but looking at the change in the backpacking industry as a whole... I think it's a cause for excitement for hammock vendors and users. While the pressure to innovate may at times be unwanted by a vendor, I think almost all the vendors here are tinkerers at heart who are driven and excited by pushing things further. Competition forces vendors to innovate, causes quality to increase. Ultimately the customers here are those who want the best, the newest, the most exciting and will continue to reward innovation with their purchases.
Also... with the increased trust built up over the last decade in the cottage vendor (and a general movement in america towards craft goods in general). The cottage biz model is very solid right now. As mentioned, when a product needs 50-100% markup to work at retail, there is little room for a manufacturer to work on quality or innovation. By skipping retail the cottage vendor can reinvest that difference, reduce their volume (ensure quality and service), and still sell an impeccable good at prices in line with, if not in direct competition with retail prices.
Just study up on GoLite a bit... you don't want to make that mistake.
Otherwise, the more the merrier.
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