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Sporting Goods Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Sporting Goods Stores Market Research Report | NAICS 45111 | Mar 2015

Hanging tough: Despite rising competition, value-added services will support revenue

IBISWorld’s Sporting Goods Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$50bn
Annual Growth 10-15
2.6%
Annual Growth 15-20
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Profit
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Employment
255,046
Businesses
38,748
Industry Analysis & Industry Trends

Over the past five years, the Sporting Goods Stores industry has fared well due to strong demand for sporting goods from more health-conscious individuals. With the sports participation rate anticipated to rise in the five years to 2015, more consumers have required athletic apparel, footwear and other sporting goods for their fitness regimens. Over the five years to 2020, industry revenue is forecast to grow, as growth in sports participation propels demand for athletic apparel, equipment and footwear. While individuals will be time strapped, making it difficult for consumers to incorporate fitness and sporting activities into their daily regimen, rising health consciousness will still spur demand for sporting goods... purchase to read more

Industry Report - Industry Investment Chapter

Sporting goods stores are regarded as being labor intensive, largely due to the human input required to operate retail outlets. Retailers employ staff to undertake a range of labor-related tasks, such as providing customer service, restocking shelves and maintaining inventory levels. It is vital for sporting goods retailers to maintain high levels of customer service. In doing so, retailers are able to build a loyal customer base, which can lower a retailer's exposure to high levels of competition. A large portion of labor in this industry is employed on a part-time basis, and employment fluctuates throughout the year in line with peak selling times, such as Father's Day, back-to-school season and Christmas... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sporting Goods Stores Industry?

Sporting goods stores 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 merchants and retailers that exclusively sell apparel are not included in this industry.

Industry Products
Sporting equipmentAthletic apparelAthletic footwear
 
Industry Activities
Athletic uniforms retailingBicycle (except motorized) retailingBowling equipment and supply retailingDiving equipment retailingExercise equipment retailingFishing supply retailingGolf equipment and supply retailingOther sporting goods retailing


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