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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 | Sep 2013

Fixed gear: Competition from imports and mass merchants restrain 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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 08-13
0.0%
Annual Growth 13-18
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Profit
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Employment
25,458
Businesses
3,732
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 - Starting a New Business Chapter

As evidenced by a large number of small operators in this industry (nonemployers make up an estimated 48.0% of bicycle specialty stores and about 95.0% of bicycle repairers), barriers to entry for this industry are low. Nonetheless, the initial cost of establishing or purchasing a retail outlet and its inventory can be expensive and may be a barrier for new entrants. Potential entrants require a line of credit for the purchase of store inventory, which can be extensive, depending on the type of bicycle stocked and retailed.

Dealerships also need to have established relationships with suppliers to guarantee a consistent and reliable supply of quality products, which may also be a barrier for new entrants... 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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