SEARCH   
MEMBER LOGIN    
Forgot Password?

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 | Jul 2016

High gear: Despite rising demand, competition from mass merchants will limit growth

The Bicycle Dealership and Repair 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$291m
Annual Growth 11-16
3.1%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
84,282
Businesses
15,776
Industry Threats & Opportunities
  • Competition from mass merchandisers is expected to hamper sales
  • Frequent cyclists sustain a dealership’s revenue from maintenance and repair services
  • An improving economy will open the possibility of new customers at bicycle shops
  • ... purchase to read more

Industry Analysis & Industry Trends

While revenue for the Bicycle Dealership and Repair industry has grown over the part five years, many dealers had difficulty staying in business during the recession. The industry has fared well overall as cycling has gained popularity for its health and environmental benefits, and as rising disposable income has encouraged consumer purchases. However, despite rising consumer demand, external competition for bicycle sales from mass merchandisers, which can provide less expensive bicycles from low-cost brands, has steadily increased. While this competition is expected to continue to temper sales somewhat over the next five years, as consumers earn higher incomes and are better able to afford luxury items like specialty bicycles, sales and profit for dealers are expected to grow... ... purchase to read more

Industry Report - Industry Locations Chapter

The spread of bicycle dealership locations across the US tends to follow population concentration patterns, with major metropolitan areas attracting many industry enterprises. Cycling as a means of transportation is popular in urban cities given parking and traffic constraints in particularly dense areas. The choice to ride a bicycle over using public transportation offered in a city can be attributed to the lower costs of riding a bicycle, as well as health and environmental incentives. Industry concentration occurs most heavily in the Southeast region, accounting for 31.1% of all industry establishments. Florida’s numerous and heavily populated metro-areas are driving the region’s appeal to industry businesses. The.. ... purchase to read more

Additional Insights for the Bicycle Dealership and Repair Industry

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

  • Maintenance of excellent customer relations
  • Establishment of brand names
  • Aggressive marketing/franchising
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Consumer Confidence Index in the Bicycle Dealership and Repair industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Bicycle Dealership and Repair Industry?

    Operators in this industry sell new 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 bicyclesRoad bicyclesHybrid/cross bicyclesOther bicycles
     
    Industry Activities
    Retailing new bicycles, bicycle parts and accessories Providing bicycle repair and maintenance services


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Consumer Confidence Index
  • Participation in sports
  • World price of crude oil
  • World price of steel
  • Trade-weighted index
  • Current Performance
  • Cycling on the rise
  • Industry Structure
  • Postrecession effects on dealerships
  • Competition from mass merchants
  • Chart: Revenue Growth
  • Industry Outlook
  • Consumer conditions
  • Trends
  • Profit and participation
  • Table: Bicycle Dealership and Repair Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bicycle Dealership and Repair Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Motorcycle, Bike & Parts Manufacturing
  • Sporting Goods Wholesaling
  • Products & Services
  • Hybrid/cross bicycles
  • Mountain bicycles
  • Road bicycles
  • Other bicycles
  • Chart: Bicycle Dealership and Repair Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers aged between 35 and 54
  • Consumers aged between 18 and 34
  • Consumers aged over 55
  • Chart: Major Market Segmentation for the Bicycle Dealership and Repair Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Bicycle Dealership and Repair
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bicycle Dealership and Repair Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bicycle Dealership and Repair Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Bicycle Dealership and Repair Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Big-Box Store
  • A retail store that is differentiated by its sheer size and large range of products, including electronics, household goods and other consumer products.
  • Bmx Bicycle
  • A type of bicycle that is used in extreme sports, such as racing and stunts on rough terrain.
  • Hybrid/Cross Bicycle
  • A type of bicycle that is designed for general-purpose utility and commuting on a wide variety of surfaces. It combines road and mountain bike features.
  • Independent Bicycle Dealer (Ibd)
  • A specialized dealer of bicycles that do not participate in mass merchandising
  • Mountain Bicycle
  • A type of bicycle designed for off-road cycling.
  • Road Bicycle
  • A type of bicycle designed for use on paved roads.

  • Why Buy this Report?
    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 Dealership and Repair:
    • 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 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 Dealership and Repair 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 Dealership and Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top