$1.0bn
$XX.Xm
4,299
1,290
$XXX.Xm
The Bicycle Retailing and Repair industry capitalised on a resurgence in cycling's popularity spurred by the COVID-19 pandemic. Cycling's popularity ballooned as consumers sought physical activity during lockdowns that was not subject to government restrictions. High levels of government stimulus boosted discretionary incomes over the two years through 2020-21. This supported a spike in demand for bike sales and repairs in 2020-21 and 2021-22, while various other forms of discretionary spending were restricted to halt COVID-19’s spread.
Industry revenue has grown at a CAGR of 2.1 % over the past five years, to reach an estimated $1.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Pedal | 209.4 | |
Sheppard Cycles Australia Pty Ltd | 41.6 |
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Industry revenue is measured across several distinct product and services lines, including Bicycle retailing, Bicycle parts and accessories retailing and Bicycle repair and maintenance services. Bicycle retailing is the largest segment of the Bicycle Retailing and Repair in Australia.
Bicycle sales earn most of retailers’ revenue
Industry companies primarily sell bicycles and bicycle parts and offer associated repair services.
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ANZSIC 4241 - Bicycle Retailing and Repair in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Including values and annual change:
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Key data sources in Australia include:
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The market size of the Bicycle Retailing and Repair industry in Australia is $1.0bn in 2024.
There are 1,290 businesses in the Bicycle Retailing and Repair industry in Australia, which has grown at a CAGR of 0.5 % between 2019 and 2024.
The market size of the Bicycle Retailing and Repair industry in Australia has been growing at a CAGR of 2.1 % between 2019 and 2024.
Over the next five years, the Bicycle Retailing and Repair industry in Australia is expected to grow.
The biggest companies operating in the Bicycle Retailing and Repair market in Australia are Pedal and Sheppard Cycles Australia Pty Ltd
Bicycle retailing and Bicycle part and accessory retailing are part of the Bicycle Retailing and Repair industry.
The company holding the most market share in Australia is Pedal.
The level of competition is moderate and steady in the Bicycle Retailing and Repair industry in Australia.