All to play for: Rising health consciousness should support growth despite external competition

Operators in the Sporting and Outdoor Equipment Retailers industry sell products geared towards outdoor activities, including clothing, bicycles and camping and fishing equipment. Most of the items stocked by operators are discretionary goods. Improving consumer confidence and rising household income over much of the past five-year period have supported solid revenue growth. However, industry demand has generally been volatile and subject to international sporting events, while competition from non-specialist retailers has expanded. As a result, industry operators have reduced prices, limiting margin growth.Over the five years through 2018-19, revenue is anticipated to increase at a compound annual rate of 5.6%...read more.

Industry Statistics & Market Size
Revenue
£9.1bn
Annual Growth 14-19
5.6%
Forecast Growth 19-24
Profit
Employment
75,688
Businesses
5,450

Industry Threats & Opportunities

  • Rising health consciousness has supported demand for the industry over the past five years
  • Public initiatives have stimulated demand for sporting and outdoor equipment retailers
  • The industry is expected to benefit from a number of government initiatives aimed at tackling obesity
  • Industry Report - Industry Analysis Chapter

    Over the five years through 2018-19, industry revenue is anticipated to climb at a compound annual rate of 5.6%. Growth has been supported by rising disposable income over the majority of the period, whilst sport participation has been spurred by interest in sporting competitions and increasing levels of health consciousness. However, intensifying competition from department stores, mass merchandisers and online retailers have constrained industry revenue growth due to strong downward pricing pressures. The industry has faced more challenging conditions over the past three years, characterised by weak growth in real household disposable incomes and depressed consumer confidence on the back of the EU referendum. As a result, revenue is expected to grow by a modest 1.8% i...purchase to read more.

    Additional Insights for the Sporting and Outdoor Equipment Retailers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sporting and Outdoor Equipment Retailers Industry are

  • Access to niche markets
  • Having a high profile in the market
  • Having a wide and expanding product range
  • IBISWorld analysts also discuss how external factors such as Health consciousness and Demand from department stores in the Sporting and Outdoor Equipment Retailers industry impact industry performance..

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    What's in this report

    What is the Sporting and Outdoor Equipment Retailers Industry?

    Retailers in this industry sell a wide variety of products geared towards outdoor recreation, including sporting goods, sports clothing, camping equipment, bicycles and fishing equipment. The industry includes high-street retailers with online operations but excludes pure-play online retailers.

    Industry Products
  • Sporting goods
  • Bicycles
  • Fishing equipment
  • Camping and hiking equipment
  • Boats
  • Athletic clothing and footwear
  • Industry Activities
  • Sporting goods and sportswear retailing
  • Bicycle retailing
  • Fishing equipment retailing
  • Camping equipment retailing
  • Boat retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Health consciousness
  • Demand from department stores
  • Sport participation
  • Average weekly hours of work
  • Level of annual rainfall
  • National minimum wage

  • Current Performance
  • Sporting competitions
  • Healthy initiatives
  • Intense competition
  • Fighting back
  • Current concerns
  • Industry structure and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Persistent problems
  • Rising obesity
  • Expanding markets
  • Technology and partnerships
  • Market structure andprofit
  • Table: Sporting and Outdoor Equipment Retailers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sporting and Outdoor Equipment Retailers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sports Clubs
  • Consumers

  • Key Selling Industries
  • Clothing & Footwear Wholesaling
  • Non-Specialised Wholesale Trade
  • Other Transport Equipment

  • Products & Services
  • Athletic clothing and footwear
  • Bicycles
  • Sporting goods
  • Camping and hiking equipment
  • Fishing equipment
  • Boats
  • Chart: Sporting and Outdoor Equipment Retailers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households with children
  • Other households
  • Other markets
  • Chart: Major Market Segmentation for the Sporting and Outdoor Equipment Retailers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Sporting and Outdoor Equipment Retailers

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sporting and Outdoor Equipment Retailers Industry

  • Industry Globalization
    JD Sports Fashion plc, Sports Direct International plc,
  • Table: JD Sports Fashion plc - financial performance
  • Table: Sports Direct International plc - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sporting and Outdoor Equipment Retailers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sporting and Outdoor Equipment Retailers Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Discretionary Spending
  • Expenditure on products after taxes, mandatory expenses and spending on necessary items have been accounted for.
  • E-Commerce
  • Sales of products and services made via the internet.
  • Point-Of-Sale Data
  • A system used at checkouts in retail stores. The system uses computers and cash registers to capture transaction data at the time and place of sale.
  • Pure-Play Retailer
  • An online retailer that only sells over the internet without a physical high-street presence.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sporting and Outdoor Equipment Retailers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sporting and Outdoor Equipment Retailers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sporting and Outdoor Equipment Retailers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sporting and Outdoor Equipment Retailers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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