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. While the industry will still contend with high competition from mass merchandisers and department stores, sporting goods retailers will consolidate to lower their operational costs and differentiate their product portfolio.
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.
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.