Sporting Goods, Hobby & Musical Instrument Stores Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This industry group comprises establishments primarily engaged in retailing new sporting goods, games and toys, and musical instruments.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Sporting Goods, Hobby and Musical Instrument Stores industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Sporting Goods, Hobby & Musical Instrument Stores companies in the United States.

Distribution by Company Size

Company Size	All Industries	Sporting Goods, Hobby & Musical Instrument Stores
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Sporting Goods, Hobby & Musical Instrument Stores Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Sporting Goods, Hobby & Musical Instrument Stores Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Sporting goods
Toys, hobby goods, & games
Audio equip, musical instr, radios, stereos, cds, records
All other merchandise
Footwear, including accessories
Men's wear, including accessories
Sewing, knitting materials & supplies, needlework goods
Women's, juniors', and misses' wear, including accessories
Kitchenware & home furnishings

Sporting Goods, Hobby & Musical Instrument Stores Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	2%
Sales and Related Occupations	73%
Supervisors of Sales Workers	8%
First-Line Supervisors of Sales Workers	8%
First-Line Supervisors of Retail Sales Workers	8%
Retail Sales Workers	65%
Cashiers	8%
Cashiers	8%
Retail Salespersons	56%
Retail Salespersons	56%
Office and Administrative Support Occupations	11%
Material Recording, Scheduling, Dispatching, and Distributing Workers	5%
Installation, Maintenance, and Repair Occupations	6%

Government Contracts

The federal government spent an annual total of $5,620,669 on the sporting goods, hobby & musical instrument stores industry. It has awarded 511 contracts to 131 companies, with an average value of $42,906 per company.

Top Companies in Sporting Goods, Hobby & Musical Instrument Stores and Adjacent Industries

Company	Address	Revenue ($ Millions)