Sport and Camping Equipment Retailing in New Zealand - Industry Market Research Report
Description
Sport and Camping Equipment Retailing in New Zealand
The Sport and Camping Equipment Retailing industry has grown, despite the COVID-19 pandemic restricting bricks-and-mortar stores' trading. Mounting competition from internal and external pressures has constrained industry retailers' revenue and profitability. The COVID-19 pandemic and subsequent lockdowns have reduced in-store sporting and equipment sales. The COVID-19 outbreak led to a plunge in the consumer sentiment index in 2020-21, although it remained positive. Consumers have been more likely to spend on more costly sports and camping equipment, supporting industry margins. Revenue has been growing by an expected annualised 6.3% through the end of 2022-23, to $2.1 billion. An increase in sport and active recreation participation has pushed revenue up by an anticipated 2.6% in 2022-23.
Industry retailers sell sporting goods and camping equipment. These products are sourced from domestic and international suppliers and then sold to consumers in stores or online. Businesses that operate under a franchise model are included in the industry. However, sales of sporting and camping apparel and footwear are excluded from the industry, as are online-only players and department stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Sport and Camping Equipment Retailing industry has grown, despite the COVID-19 pandemic restricting bricks-and-mortar stores' trading. Mounting competition from internal and external pressures has constrained industry retailers' revenue and profitability. The COVID-19 pandemic and subsequent lockdowns have reduced in-store sporting and equipment sales. The COVID-19 outbreak led to a plunge in the consumer sentiment index in 2020-21, although it remained positive. Consumers have been more likely to spend on more costly sports and camping equipment, supporting industry margins. Revenue has been growing by an expected annualised 6.3% through the end of 2022-23, to $2.1 billion. An increase in sport and active recreation participation has pushed revenue up by an anticipated 2.6% in 2022-23.
Industry retailers sell sporting goods and camping equipment. These products are sourced from domestic and international suppliers and then sold to consumers in stores or online. Businesses that operate under a franchise model are included in the industry. However, sales of sporting and camping apparel and footwear are excluded from the industry, as are online-only players and department stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
