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Bicycle Dealership and Repair in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bicycle Dealership and Repair Market Research Report | NAICS 44122b | Oct 2015

High gear: Despite rising demand, competition from mass merchants will limit growth

IBISWorld’s Bicycle Dealership and Repair market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
2.4%
Annual Growth 15-20
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Profit
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Employment
19,250
Businesses
3,730
Industry Analysis & Industry Trends

While revenue for the Bicycle Dealership and Repair industry has grown over the part five years, many dealers had difficulty staying in business during the recession. The industry has fared well overall as cycling has gained popularity for its health and environmental benefits, and as rising disposable income has encouraged consumer purchases. However, despite rising consumer demand, external competition for bicycle sales from mass merchandisers, which can provide less expensive bicycles from low-cost brands, has steadily increased. While this competition is expected to continue to temper sales somewhat over the next five years, as consumers earn higher incomes and are better able to afford luxury items like specialty bicycles, sales and profit for dealers are expected to grow... purchase to read more

Industry Report - Industry Investment Chapter

The Bicycle Dealership and Repair industry has a low level of capital intensity. Most dealerships are labor intensive, reflective of the reliance on qualified personnel for bicycle sales and repair. The industry consists of many small operators with only one or two establishments. Generally, the smaller the establishment, the lower the capital intensity, as these operators usually do not need large machines and equipment. This leaves more investment for labor. However, over the past decade the industry has decreased its labor costs in reaction to decreased sales from the recession, and are managing with as few employees possible. Running costs for the machinery in a typical dealership are relatively low... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bicycle Dealership and Repair Industry?

This industry sells new bicycles, bicycle parts and accessories. Industry operators often also provide repair and maintenance services. Used bicycle stores and mass merchandisers that retail bicycles are excluded from this industry.

Industry Products
Mountain bicyclesRoad bicyclesHybrid/cross bicyclesOther bicycles
 
Industry Activities
Retailing new bicycles, bicycle parts and accessories Providing bicycle repair and maintenance services


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