SEARCH   
MEMBER LOGIN    

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 2014

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 09-14
1.8%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
18,683
Businesses
3,691
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 Locations Chapter

The spread of bicycle dealership locations across the US tends to follow population concentration patterns, with major metropolitan areas attracting many industry enterprises. Cycling as a means of transportation is popular in urban cities given parking and traffic constraints in particularly dense areas. The choice to ride a bicycle over using public transportation offered in a city can be attributed to the lower costs of riding a bicycle, as well as health and environmental incentives. Industry concentration occurs most heavily in the Southeast region, accounting for 23.5% of all industry establishments. Florida's numerous and heavily populated metro-areas are driving the region's appeal to industry businesses... 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


View Sample
Quote
Select Clients