Sporting Goods Wholesaling in Canada - Industry Market Research Report

Sporting Goods Wholesaling in Canada - Industry Market Research Report

Sporting Goods Wholesaling in Canada

Sporting goods wholesalers offer a range of sporting and recreational goods and accessories, including billiards equipment; pool supplies; sporting firearms and ammunition; and marine craft and equipment. The industry competes for leisure time among consumers to allocate toward sports and other recreational activities. This trend, which has constrained demand for sporting goods, has been further exacerbated by significant downstream market changes. For example, the emergence of more chain sporting goods retailers has enabled this downstream market to negotiate low-cost sporting goods prices from wholesalers, dampening revenue growth. As many sporting goods retailers have used inventory tools that measure customer demographics and inventory turnover, they have purchased small volumes of high-turnover sporting goods from wholesalers rather than bulk purchases. Still, an increasingly health-conscious population has fuelled revenue growth as demand for sporting goods equipment has increased. Revenue is expected to grow at a CAGR of 0.5% to $4.6 billion through the end of 2023, including a 2.6% increase in 2023 alone when profit reaches 9.7% of revenue.

The Sporting Goods Wholesaling industry in Canada wholesales a range of sporting and recreational goods and accessories, such as billiards equipment; pool supplies; sporting firearms and ammunition; and marine craft and equipment. This industry does not include wholesalers of athletic apparel and footwear, automobiles, other motor vehicles or transportation equipment.

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.