Athletic & Sporting Goods Manufacturing in Canada - Industry Market Research Report
Description
Athletic & Sporting Goods Manufacturing in Canada
The abundance of low-cost sporting goods from global manufacturers has contributed to the recent decline in revenue for sporting goods manufacturers. More retailers have stocked low-cost sporting goods from overseas manufacturers to appeal to budget-conscious consumers. The industry is highly fragmented, with many manufacturers specializing in a particular sporting activity. A favourable shift in consumer attitudes toward health and athletics has lessened the slump in revenue. Revenue for sporting goods manufacturers is expected to drop at a CAGR of 7.1% to $1.2 billion through the end of 2028, despite growth of 3.2% in 2023 when profit will reach 2.2% of revenue.
The Athletic and Sporting Goods Manufacturing industry in Canada buys raw materials and transforms them into a range of sporting and athletic goods, except apparel and footwear. Examples include balls for sports such as baseball, football and basketball, as well as outdoor equipment activities such as fishing, hunting and camping. The finished products are then marketed to wholesalers and retailers.
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.
The abundance of low-cost sporting goods from global manufacturers has contributed to the recent decline in revenue for sporting goods manufacturers. More retailers have stocked low-cost sporting goods from overseas manufacturers to appeal to budget-conscious consumers. The industry is highly fragmented, with many manufacturers specializing in a particular sporting activity. A favourable shift in consumer attitudes toward health and athletics has lessened the slump in revenue. Revenue for sporting goods manufacturers is expected to drop at a CAGR of 7.1% to $1.2 billion through the end of 2028, despite growth of 3.2% in 2023 when profit will reach 2.2% of revenue.
The Athletic and Sporting Goods Manufacturing industry in Canada buys raw materials and transforms them into a range of sporting and athletic goods, except apparel and footwear. Examples include balls for sports such as baseball, football and basketball, as well as outdoor equipment activities such as fishing, hunting and camping. The finished products are then marketed to wholesalers and retailers.
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.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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