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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 | Nov 2014

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

The Sporting Goods Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$48bn
Annual Growth 09-14
2.5%
Annual Growth 14-19
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Profit
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Employment
250,969
Businesses
38,403
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 2014, more consumers have required athletic apparel, footwear and other sporting goods for their fitness regimens. Over the five years to 2019, 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 SWOT Analysis Chapter

The Sporting Goods Stores industry is currently in the mature phase of its industry life cycle. Industry value added, which measures the industry's contribution to the overall economy, is expected to grow at an annualized rate of 2.6% during the 10 years to 2019. Comparatively, US GDP is anticipated to increase at an annualized rate of 2.5% during the ten-year period. The industry is currently consolidating, which is indicative of an industry in the mature life cycle stage. While the number of industry enterprises is anticipated to grow, at an annualized rate of 0.3% during the 10 years to 2019, this growth can be attributed to small, independently-operated sporting goods retailers catering to market niches, such as golf enthusiasts... 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 footwearAthletic apparel
 
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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