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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry SWOT Analysis Chapter

The Sporting Goods Stores industry is currently in the mature phase of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is anticipated to grow at an annualized rate of 0.7% during the ten years to 2020. Comparatively, Canadian GDP is expected to increase at an annualized rate of 2.2% during the ten-year period. Although the industry will exhibit revenue growth during the period, this trend can be attributed to industry consolidation, which is indicative of an industry in the mature stage of its life cycle. Furthermore, sporting goods retailers contend with slow technological change to drive demand... 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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