Sporting Goods Stores in Canada - Industry Market Research Report

Sporting Goods Stores in Canada - Industry Market Research Report

  • October 2021 •
  • 36 pages •
  • Report ID: 4564284 •
  • Format: PDF
Hole in one: Industry profit growth will likely be fuelled by continued demand for luxury and specialized goods

Abstract

Sporting Goods Stores in Canada
The Sporting Goods Stores industry in Canada sells a wide range of sporting goods, including bicycles, camping equipment, exercise and fitness equipment, apparel and footwear. Over the five years to 2019, the industry has performed well, benefiting from rising disposable income levels, falling unemployment and an improved retail environment. While industry performance has been positive over the past five years, the retail environment has become increasingly cluttered and growing competition has created difficult operating conditions for industry operators. As a result, some of the industry’s largest operators have been forced to close stores to focus on more profitable locations. Led by continued growth in disposable incomes, industry revenue is forecast to increase over the five years to 2024. While disposable income levels are forecast to rise, high household debt levels will cut into spending potential.

The Sporting Goods Stores industry in Canada 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.
Loading...

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.