Healthy growth: Rising demand for high-quality sportswear has boosted revenue

The Fitness and Athletic Clothing Stores industry has flourished over the past five years despite difficult retail conditions. Changing consumer attitudes and trends have seen people increasingly wearing activewear as streetwear, which has driven demand for industry products. Industry revenue is expected to increase by an annualised 5.7% over the five years through 2017-18, to reach $2.0 billion. However, industry revenue is anticipated to grow by only 0.8% in 2017-18, as negative consumer sentiment discourages discretionary purchases.Industry growth over the past five years has been supported by rising demand for premium, high-quality sportswear that is fashionable yet functional...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
5.7%
Forecast Growth 18-23
x.x%lock
Profit
x.x%lock
Employment
7,299
Businesses
80
Market Share of Companies

Industry Threats & Opportunities

  • Rising demand for premium, high-quality and fashionable sportswear has supported revenue growth
  • Operators face competition from department stores and online stores with lower priced products
  • A forecast rise in health consciousness is expected to drive demand for fitness clothing

    • shopping_cartPURCHASE OPTIONS Whats in this report faqs Download Sample
    IBISWorld client - ADP Watch Testimonial
    ... DigiCert Seal

    Industry Report - Industry SWOT Analysis Chapter

    The Fitness and Athletic Clothing Stores industry is in the growth stage of its life cycle. Industry value added, which measures an industry's contribution to the overall economy, is expected to rise by an annualised 3.8% over the 10 years through 2022-23. This represents an outperformance compared with the overall economy, with GDP forecast to grow by an annualised 2.5% over the same period. This indicates that the industry is growing at a faster pace than the overall economy.Significant industry consolidation has taken place over the past five years, as major companies expand their operations, increase market share and reinforce brand image. Com...purchase to read more.

    Additional Insights for the Fitness and Athletic Clothing Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fitness and Athletic Clothing Stores Industry are

  • Ability to control stock on hand
  • Having a clear market position
  • Superior financial management and debt management

    • IBISWorld analysts also discuss how external factors such as Real household discretionary income and Demand from online shopping in the Fitness and Athletic Clothing Stores industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    Industry Products

    What is the Fitness and Athletic Clothing Stores Industry?

    Industry firms primarily retail sports apparel and footwear. The industry excludes department stores, online-only retailers, and general clothing retailers that do not specialise in fitness and athletic clothing and shoes.

    Industry Products
  • Sports apparel
  • Sports footwear
  • Sports accessories
    • Industry Activities
  • Fitness and athletic apparel retailing
  • Lifestyle fashion retailing
  • Licensed sports apparel retailing
  • Specialty athletic footwear retailing
  • General leisure footwear retailing
  • Fitness and athletic accessories retailing
    • Table of Contents

    About this Industry

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources

    Industry at a Glance

    Industry Statistics Snapshot
    Industry Structure
    Executive Summary

    Industry Performance

    Executive Summary
    Key External Drivers
  • Real household discretionary income
  • Demand from online shopping
  • Consumer sentiment index
  • Demand from department stores
  • Sport participation

    • Current Performance
  • Consumer trends
  • Competition
  • Profit
  • Industry structure
  • Chart: Revenue Growth

    • Industry Outlook
  • Consumer trends
  • Competition
  • Profit
  • Table: Fitness and Athletic Clothing Stores Industry Revenue Outlook

    • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fitness and Athletic Clothing Stores Industry Lifecycle vs The Economy

    • Products & Markets

    Supply Chains
    Key Buying Industries
  • Consumers

    • Key Selling Industries
  • Clothing Wholesaling
  • Footwear Manufacturing
  • Footwear Wholesaling
  • Men's and Boys' Wear Manufacturing
  • Women's and Girls' Wear Manufacturing

    • Products & Services
  • Sports apparel
  • Sports footwear
  • Sports accessories
  • Chart: Fitness and Athletic Clothing Stores Industry Products and Services Segmentation

    • Demand Determinants
    Major Markets
  • People aged 15 to 34
  • People aged 35 to 54
  • People aged 55 and over
  • Chart: Major Market Segmentation for the Fitness and Athletic Clothing Stores Industry

    • International Trade
    Business Locations
    Chart: Business Locations by State

    Competitive Landscape

    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Fitness and Athletic Clothing Stores

    • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fitness and Athletic Clothing Stores Industry

    • Industry Globalization

    Major Companies

    Super Retail Group Limited, Accent Group Limited, Lorna Jane Pty Ltd, Foot Locker Australia Inc., Lululemon Athletica Australia Pty Ltd,
  • Table: Super Retail Group Limited - financial performance
  • Table: Accent Group Limited - financial performance
  • Table: Lorna Jane Pty Ltd - financial performance
  • Table: Foot Locker Australia Inc. - financial performance
  • Table: Lululemon Athletica Australia Pty Ltd - financial performance

    • Operating Conditions

    Capital Intensity
  • Chart: Level of Capital Intensity for the Fitness and Athletic Clothing Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

    • Regulation & Policy
    Industry Assistance

    Key Statistics

    Table: Industry Data for the Fitness and Athletic Clothing Stores Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

    • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data

    Jargon & Glossary

    Bricks-And-Mortar
  • A retailer that has a physical presence and storefront location.
    • Compression Wear
  • Form-fitting garments, often made from a spandex-type material, which are designed for athletes.
    • Moisture Wicking
  • A type of fabric commonly used in workout clothing that is designed to pull moisture away from the skin.
    • Paywave Technology
  • EFTPOS transactions that are conducted by passing a bank card over a scanner.
    • What Our Customers Say
    Why buy this report?

    The Fitness and Athletic Clothing Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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 Fitness and Athletic Clothing Stores:
    • 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 of 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 Fitness and Athletic Clothing Stores 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 Fitness and Athletic Clothing Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Become a Member shopping_cartPURCHASE OPTIONS

    Contact Us

    Want to speak to a representative? Call us.

    phone +61 3 9655 3800    OR     Enquire Here
    clear