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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 | Jan 2015

Tough competition: The industry will exhibit growth, but mass merchandisers remain a threat

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
26,633
Businesses
5,123
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 - Starting a New Business Chapter

Prospective new entrants in the Sporting Goods Stores industry face numerous barriers, including large start-up costs. For example, the fixed cost associated with establishing or purchasing a retail outlet, as well as providing sufficient sporting goods inventory, may prevent potential industry entrants from entering the market. To compete in a highly competitive and fragmented industry, many potential industry entrants incur costs associated from advertising, marketing and promotional efforts to generate a strong customer following. Furthermore, industry operators have typically developed well-established distribution and supply-side contracts, such as with globally-based sporting goods manufacturers, which may deter potential industry entrants from entering the industry... 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
Sporting equipmentAthletic footwearAthletic apparelOther products
 
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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