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Sporting Goods Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Sporting Goods Stores in Canada Market Research Report | NAICS 45111CA | Jul 2015

Getting sporty: Rising income levels and a broadening consumer base will bolster revenue

IBISWorld’s Sporting Goods Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
0.4%
Annual Growth 15-20
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Profit
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Employment
37,495
Businesses
4,842
Industry Analysis & Industry Trends

During the past five years, the Sporting Goods Stores industry has contended with consumers having less leisure time, which has hampered demand for sporting goods. Meanwhile, some external competitors, such as mass merchandisers and department stores, have used their large operations to secure low-cost sporting goods in bulk from manufacturers, intensifying competition for the industry. During the next five years, the industry is expected to exhibit growth, as more health-conscious consumers purchase sporting goods to bolster their health and wellness. While leisure time is expected to decline, more consumers will value sports and fitness as a method of lowering their risk for health ailments, thus stimulating demand for sporting goods... purchase to read more

Industry Report - Industry Products Chapter

Sporting equipment

Trends in the sports participation rate have determined consumer demand for sporting equipment, footwear and apparel over the past five years. During the five years to 2015, sporting equipment has steadily increased to account for 61.8% of total revenue. While some consumers have opted to rent rather than purchase their sporting equipment, which cut into growth for this product segment, growing demand to purchase sporting equipment from amateurs and sports enthusiasts alike will drive growth. In particular, sports that are heavily reliant on equipment, such as golf, which requires a set of clubs, golf balls and a golf bag, will drive equipment sales for sporting goods stores... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sporting Goods Stores Industry?

This industry retails new sporting goods, including bicycles, camping equipment, exercise and fitness equipment, apparel, footwear and other sporting goods and accessories. Products are sourced from sporting goods manufacturers and wholesalers and then sold to the general public via retail stores. Department stores, mass merchants and retailers that exclusively sell apparel are not included in this industry.

Industry Products
Athletic clothing and footwear Team sports equipmentBicycles and equipmentGolf equipmentFirearms, hunting equipmentFishing equipmentCamping equipment
 
Industry Activities
Athletic uniforms retailing Bicycle (except motorized) retailing Bowling equipment and supply retailing Diving equipment retailing Exercise equipment retailingFishing supply retailingGolf equipment and supply retailingSporting goods (e.g. scuba, skiing and outdoor) retailing


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