Nothing but net: Rising disposable income levels and an improved retail environment are expected to boost revenue

The Sporting Goods Stores industry in Canada sells a wide range of sporting goods, including bicycles, camping equipment, exercise and fitness equipment, apparel and footwear. Over the five years to 2019, the industry has performed well, benefiting from rising disposable income levels, falling unemployment and an improved retail environment. While industry performance has been positive over the past five years, the retail environment has become increasingly cluttered and growing competition has created difficult operating conditions for industry operators. As a result, some of the industry's largest operators have been forced to close stores to focus on more profitable more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Intensifying competition from department stores and online retailers will continue to constrain industry revenue
  • Low-cost sporting goods have buoyed consumer demand
  • Many small, independently operated sporting goods retailers will cater to niche markets
  • Industry Report - Industry Key Buyers Chapter

    The Sporting Goods Stores industry in Canada exhibits low market share concentration. In 2019, although the two largest sporting goods retailers are expected to comprise nearly 32.0% in market share, no other retailer is expected to garner significant market share. The industry is typified by a high level of fragmentation, as local, family owned businesses account for a large share of sporting goods retailers. As mass merchandisers enter the industry, the landscape for the industry has changed. For example, larger operators' price-based competition is hampering the viability of smaller operators. Ext...purchase to read more.

    Additional Insights for the Sporting Goods Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sporting Goods Stores Industry are

  • Inventory of goods currently favoured by the market
  • Management of seasonal inventory
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as External competition for the Sporting Goods Stores industry and Per capita disposable income in the Sporting Goods Stores industry impact industry performance..

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    What's in this report

    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
  • Firearms and hunting equipment
  • Hockey equipment
  • Athletic footwear
  • Sporting equipment
  • Industry Activities
  • Athletic uniforms retailing
  • Bicycle (except motorized) retailing
  • Bowling equipment and supply retailing
  • Diving equipment retailing
  • Exercise equipment retailing
  • Fishing supply retailing
  • Golf equipment and supply retailing
  • Sporting goods (e.g. scuba, skiing and outdoor) retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • External competition for the Sporting Goods Stores industry
  • Per capita disposable income
  • Demand from gym, health and fitness clubs
  • Leisure time

  • Current Performance
  • Sports landscape
  • Competition intensifying
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • An active aging population
  • Competitive playing field
  • Table: Sporting Goods Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sporting Goods Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Golf Courses & Country Clubs in Canada
  • Gym, Health & Fitness Clubs in Canada
  • Golf Driving Ranges & Family Fun Centres in Canada
  • Civic, Social & Youth Organizations in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Advertising Agencies in Canada
  • Clothing & Clothing Accessories Wholesaling in Canada
  • Footwear Wholesaling in Canada
  • Shoe & Footwear Manufacturing in Canada
  • Sports Coaching in Canada

  • Products & Services
  • Sporting equipment
  • Athletic clothing
  • Athletic footwear
  • Other
  • Firearms and hunting equipment
  • Hockey equipment
  • Chart: Sporting Goods Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Highest income quintile
  • Fourth income quintile
  • Third income quintile
  • Second income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Sporting Goods Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Sporting Goods Stores

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sporting Goods Stores Industry

  • Industry Globalization
    Canadian Tire Corporation Limited,
  • Table: Canadian Tire Corporation Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sporting Goods Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sporting Goods Stores Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Per capita disposable income (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Baby Boomers
  • The demographic of Canadians born between 1946 and 1964, accounting for a major proportion of the population.
  • Electronic Data Interchange (Edi)
  • The transmission of data between businesses from one computer system to another.
  • Point-Of-Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sporting Goods Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sporting Goods Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sporting Goods Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sporting Goods Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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