NAICS Code 459110-55 - Sporting Goods (Retail)
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NAICS Code 459110-55 Description (8-Digit)
Hierarchy Navigation for NAICS Code 459110-55
Parent Code (less specific)
Tools
Tools commonly used in the Sporting Goods (Retail) industry for day-to-day tasks and operations.
- Athletic tape
- Resistance bands
- Foam rollers
- Yoga mats
- Dumbbells
- Jump ropes
- Agility ladders
- Medicine balls
- Weightlifting belts
- Heart rate monitors
- Sports watches
- Cycling shoes
- Running shoes
- Hiking boots
- Climbing harnesses
- Snowshoes
- Cross-country skis
- Kayaks
- Fishing rods
- Golf clubs
Industry Examples of Sporting Goods (Retail)
Common products and services typical of NAICS Code 459110-55, illustrating the main business activities and contributions to the market.
- Baseball gloves
- Basketball hoops
- Football helmets
- Soccer balls
- Tennis rackets
- Volleyballs
- Running shorts
- Cycling jerseys
- Hiking backpacks
- Climbing ropes
- Snowboards
- Cross-country ski boots
- Kayak paddles
- Fishing lures
- Golf balls
- Swim goggles
- Wetsuits
- Skateboards
- Rollerblades
Certifications, Compliance and Licenses for NAICS Code 459110-55 - Sporting Goods (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Sporting Goods Association (NSGA) Certification: The NSGA offers a certification program for sporting goods retailers that covers topics such as customer service, sales, and merchandising. This certification is designed to help retailers improve their business practices and increase customer satisfaction.
- Retail Industry Leaders Association (RILA) Certification: RILA offers a certification program for retail professionals that covers topics such as leadership, customer service, and business operations. This certification is designed to help retailers improve their skills and advance their careers.
- Occupational Safety and Health Administration (OSHA) Certification: Sporting goods retailers must comply with OSHA regulations to ensure the safety of their employees and customers. OSHA offers a variety of certifications related to workplace safety, such as the OSHA 10-hour and 30-hour training courses.
- National Retail Federation (NRF) Certification: The NRF offers a certification program for retail professionals that covers topics such as customer service, sales, and marketing. This certification is designed to help retailers improve their skills and advance their careers.
- National Bicycle Dealers Association (NBDA) Certification: The NBDA offers a certification program for bicycle retailers that covers topics such as sales, service, and business operations. This certification is designed to help retailers improve their skills and increase customer satisfaction.
History
A concise historical narrative of NAICS Code 459110-55 covering global milestones and recent developments within the United States.
- The history of the Sporting Goods (Retail) industry dates back to the 19th century when the first sporting goods stores were established in Europe and North America. In the early 20th century, the industry saw significant growth due to the increasing popularity of sports and outdoor activities. The introduction of new materials such as synthetic fibers and plastics in the mid-20th century revolutionized the industry, leading to the development of new products such as lightweight and durable sports equipment. In recent years, the industry has been impacted by the rise of e-commerce and the increasing demand for athleisure wear. In the United States, the industry has seen steady growth over the past decade, with a revenue of $48.8 billion in 2020, according to Statista. The COVID-19 pandemic has also had a significant impact on the industry, with many consumers turning to outdoor activities and home fitness during lockdowns.
Future Outlook for Sporting Goods (Retail)
The anticipated future trajectory of the NAICS 459110-55 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Sporting Goods (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing popularity of sports and outdoor activities, as well as the rising health consciousness among consumers. The industry is also expected to benefit from the growing trend of athleisure wear, which has led to an increase in demand for sports apparel and footwear. Additionally, the industry is expected to benefit from the growing trend of e-commerce, which has made it easier for consumers to purchase sporting goods online. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials. Overall, the industry is expected to continue to grow in the coming years.
Industry Innovations for NAICS Code 459110-55
Recent groundbreaking advancements and milestones in the Sporting Goods (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Sporting Goods: With the rise of the Internet of Things (IoT), many sporting goods companies are now incorporating smart technology into their products. For example, smart basketballs can track a player's shooting accuracy and provide feedback to help improve their game. Similarly, smart running shoes can track a runner's performance and provide personalized coaching tips.
- Sustainable Products: Many sporting goods companies are now focusing on sustainability and creating products that are environmentally friendly. For example, some companies are using recycled materials to create sports equipment, while others are using sustainable materials such as bamboo to create sports apparel.
- Virtual Try-On Technology: With the rise of e-commerce, many sporting goods companies are now using virtual try-on technology to help customers find the right size and fit for their products. This technology allows customers to see how a product will look on them before making a purchase.
- Customization: Many sporting goods companies are now offering customization options for their products. For example, customers can now customize the color and design of their running shoes or create their own custom golf clubs.
- Augmented Reality: Some sporting goods companies are now using augmented reality technology to enhance the customer experience. For example, customers can use their smartphones to see how a piece of equipment will look in their home or how a piece of apparel will look on them.
NAICS Code 459110-55 - Sporting Goods (Retail)
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