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 Locations Chapter
The spread of industry establishments generally follows the spread of the general population and household income levels. Industry concentration is in the Southeast and West regions. Combined, these regions account for about 41.6% of establishments. The Southeast, which has the largest share (about 25.2%) of the US population, accounts for 24.0% of establishments. The region has seen an increase in its share of population, and as a result, its share of industry establishments over the past five years. Consumers are the industry's primary market. Also, industry operator Academy has all of its more than 140 stores in the region.
The West, which accounts for 17.6% of industry establishments and 17.0% of the US population, has a higher-than-average household income median... purchase to read more