Sporting and athletic goods industry profile
The sporting and athletic goods manufacturing industry comprises of establishments primarily engaged in manufacturing sporting and athletic goods, except clothing and footwear.
The North American Industry Classification System (NAICS) code for this industry is 33992—Sporting and Athletic Goods Manufacturing. The industry includes the following products and activities.
- Sports equipment (baseball, basketball, billiards, fishing, football, golf, gymnastics, hockey, pool, and racquet sports), manufacturing
- Specific equipment (sailboards, skates (ice and roller), exercise machines, snowshoes, skis, swimming pools, and playground equipment), manufacturing
|Economic Indicators||2011||2012||2013||2014||2015||% Change
|Apparent Domestic Market||1,846.9||1,897.7||2,146.3||2,320.3||2,543.9||9.6%||8.3%|
|Domestic Market Share||23.5%||23.6%||26.8%||23.9%||23.9%||0.0%||0.1%|
|Manufacturing Intensity Ratio||59.3%||59.9%||64.8%||58.4%||56.3%||-2.1%||-0.7%|
Sources: Statistics Canada, Trade Data Online
The sporting and athletic goods manufacturing industry exhibited sound growth in shipments, fuelled by increased domestic and export demand. Shipments increased at an average annual rate of 7.3% since 2011, to a total of $1.1 billion in 2015. In the same period, total exports and apparent domestic market increased at average annual rates of 5.8% and 8.3% respectively. Imports grew at annual average rate of 8.2% between 2011 and 2015, exceeding change in exports and resulting in an increasing negative trade balance of $1.4 billion in 2015. Between 2010 and 2014, the total number of establishments contracted by approximately 9% or 27 establishments.
Trends in the industry
This industry includes companies that manufacture a diverse array of products for fitness and exercise, camping, fishing, winter sports such as hockey, shooting, playground structures, and aquatic equipment such as pools. Companies in the industry range from small, specialized companies to diversified corporations. What these firms share, however, is the recognition that brand loyalty plays an important role in their success. Canada is also home to R&D capacity of major hockey equipment manufacturers.
Several socio-economic criteria influence the market demand in this industry. First, sporting and athletic goods are leisure products, and leisure is primarily a matter of individual preferences, thus market demand is subject to changing tastes and popular trends. Furthermore, the industry must compete against dissimilar industries that also produce leisure products, such as music, books, and video games. Finally, economic conditions, demographics, weather conditions, and the pricing of substitute and complementary goods also affect market demand.
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