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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 | May 2014

Fixed gear: Competition from imports and mass merchants restrain growth

IBISWorld’s Bicycle Dealership and Repair market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
1.4%
Annual Growth 14-19
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Profit
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Employment
25,684
Businesses
3,724
Industry Analysis & Industry Trends

The outlook is brighter for the Bicycle Dealership and Repair Services industry. As the economic recovery continues to gain traction, consumers will allot more disposable income to purchasing quality bicycles, driving industry revenue upward. However, high competition from mass merchandisers and the high costs of imported goods will temper growth, keeping both revenue and profit low... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Bicycle Dealership and Repair industry has a low level of industry concentration, with the top players generating an estimated 25.2% of industry revenue in 2014. The industry is highly fragmented, and is made up of a large number of small companies. According to the US Census Bureau, nonemployers, or owner-operator companies that do not employ any hired workers, account for about 48.0% of bicycle specialty retailers and about 95.0% of bicycle repairers.

Over the past five years, industry concentration has been on the rise, primarily due to increased external competition. External competitors, mainly mass merchandisers like Walmart and Target, have increasingly eroded industry demand by providing heavily discounted prices for entry-level bicycles... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bicycle Dealership and Repair Industry?

This industry sells new bicycles (e.g. mountain bicycles, road bicycles and hybrid 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 bikesRoad bikesHybrid bikesOther bikesBicycle parts and accessoriesRepair and maintenance services
 
Industry Activities
Retailing new bicycles, bicycle parts and accessories Providing bicycle repair and maintenance services


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