Over the five years to 2017, revenue for the Bicycle Manufacturing industry in China has been growing at an annualized rate of 4.7% to an estimated $12.2 billion. The main drivers of industry growth have been increasing domestic demand, particularly in China's rural regions, and export growth. In 2017, exports are expected to account for 41.5% of total revenue.Intense competition in this mature industry and the rising price of inputs have led to falling profitability over the past few years. In 2017, average industry profit is estimated at 5% of revenue.In the next five years, ACMR-IBISWorld anticipates that the industry will expand 4.4% per year to reach $15.1 billion in 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 12-17
4.7%
Forecast Growth 17-22
Profit
Employment
150,216
Businesses
689

Industry Report - Industry Investment Chapter

For every dollar spent on labor (including wages, administration and management costs, and R&D), about 20 cents are invested in capital in 2017. This reflects the medium level of capital tied up in manufacturing equipment, which is generally technologically advanced and capital consuming.The capital intensity has experienced a steady increase during the past decade. This was mainly due to employment decreases in 2005 and 2009, and the extensive installation of new equipment in the past five years.The industry's capital intensity level is expected to increase further as more advanced manufacturing facilities are installed, more high technologies are introduced, and employment numbers decrease...purchase to read more.

Additional Insights for the Bicycle Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bicycle Manufacturing Industry are

  • Economies of scale
  • Automation - reduces costs, particularly those associated with labor
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Personal Vehicles Market - Bicycles and Exchange Rates - Chinese Yuan per $US in the Bicycle Manufacturing industry impact industry performance..

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    What's in this report

    What is the Bicycle Manufacturing Industry?

    The Bicycle Manufacturing industry in China manufactures bicycles, wheelchairs and similar products, and their components. Mopeds with motors, toy carts for children, and bicycle repairing activities are not included in this industry.

    Industry Products
  • Standard bicycles
  • Mountain bikes
  • Cross-country bicycles
  • Handicapped vehicles
  • Children's bicycles
  • Load bicycles
  • Racing bicycles
  • Other cycles
  • Industry Activities
  • Manufacturing standard bicycles
  • Manufacturing bicycles for freight transportation
  • Manufacturing sporting and racing bicycles
  • Manufacturing cycles for special uses (such as acrobatics and gymnastics)
  • Manufacturing tandem bicycles
  • Manufacturing children's bicycles
  • Manufacturing tricycles for passenger or freight transportation
  • Manufacturing wheelchairs for the handicapped, with or without motors
  • Manufacturing bicycle components
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Personal Vehicles Market - Bicycles
  • Exchange Rates - Chinese Yuan per $US
  • Real Personal Disposable Income
  • Competition from Substitutes - Public Transport (excluding taxis)
  • Natural Resources and Environment - Pollution control and abatement

  • Current Performance
    Competitive landscape
  • Chart: Revenue Growth

  • Industry Outlook
    Exports and importsCompetitive landscape
  • Table: Bicycle Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bicycle Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sporting Goods Wholesaling
  • Department Stores & Shopping Malls
  • Supermarkets

  • Key Selling Industries
  • Paint Manufacturing
  • Steel Rolling
  • Tire Manufacturing

  • Products & Services
  • Standard bicycles
  • Mountain bikes
  • Cross-country bicycles
  • Handicapped vehicles
  • Children's bicycles
  • Racing bicycles
  • Load bicycles
  • Other cycles
  • Chart: Bicycle Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Available modes of transportation
  • Household income levels
  • Sports and exercise
  • Environmental protection
  • Technological innovation

  • Major Markets
  • Wholesalers
  • Bicycle stores
  • Direct-sale specialty stores
  • Supermarkets and department stores
  • Medical equipment stores
  • Outdoor retailers and sporting goods stores
  • Chart: Major Market Segmentation for the Bicycle Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Sales and advertising
  • Rent, utilities and depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Bicycle Manufacturing

  • Basis of Competition
  • Product design
  • Performance features
  • Price
  • Brand marketing
  • Distribution channels
  • External competition
  • Competing imports
  • Other vehicles
  • Bicycle assembly stores
  • Second-hand bicycle market

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bicycle Manufacturing Industry

  • Industry Globalization
    Giant (China) Co., Ltd., Tianjin FUJITA Group Co., Ltd., Shimano Group, Ming Cycle Industrial Co. Ltd., Guangdong Tandem Industries Co., Ltd.,
  • Table: Giant (China) Co., Ltd. - financial performance
  • Table: Tianjin FUJITA Group Co., Ltd. - financial performance
  • Table: Shimano Group - financial performance
  • Table: Ming Cycle Industrial Co. Ltd. - financial performance
  • Table: Guangdong Tandem Industries Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Bicycle Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Bicycle Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Bicycle Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Moped
  • Motorbikes that can be pedaled or are are fueled by a battery or a low-powered gasoline engine.
  • Mountain Bike
  • A heavy-duty bicycle that can be ridden on-road and off-road and may have front and rear suspension.
  • Tandem Bike
  • A bicycle with two sets of pedals and two seats that can be ridden by two people simultaneously.
  • What Our Customers Say

    Why buy this report?

    The Bicycle Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bicycle Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bicycle Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bicycle Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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