Sporting Goods Stores in the US
Over the five years to 2018, the Sporting Goods Stores industry has fared well due to strong demand for sporting goods from health-conscious individuals. However, intensifying competition from external competitors has constrained industry revenue growth due to high price-based competition. Nevertheless, over the past five years, industry revenue is expected to grow. Over the five years to 2023, industry revenue is forecast to continue to grow as growth in sports participation propels demand for athletic apparel, equipment and footwear. Although time-strapped individuals will find it difficult to incorporate fitness and sporting activities into their daily regimen, rising health consciousness and per capita disposable income will spur demand for sporting goods.
Sporting goods stores primarily retail new sporting goods, including bicycles, camping equipment, exercise and fitness equipment, apparel, footwear and other 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 merchandisers 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.
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