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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Starting a New Business Chapter

As evidenced by a large number of small operators in this industry, 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. This will be compounded by the effect of exclusive agreements, between wholesaler and retailer, on the ability of new entrants to secure supply of certain merchandise... 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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