Bicycle Dealership and Repair in the US - Industry Research Report

Going downhill: Rising traffic time is set to aid industry performance

Bicycle dealerships and repair shops sell new bikes, bike parts and accessories and maintenance for bikes. This industry's dealership only sells new products, so used bikes and mass merchandisers are excluded. Despite the economy's conditions during the period, bike dealerships have performed remarkably well. This is due to the strong demand from the industry's downstream markets. During COVID-19, the closing of in-person events and the lockdown procedures crushed demand for most products. Bikes however, ended up being a popular activity for consumers to entertain themselves, stay in shape and socialize. Because of these capabilities, there was a massive influx of demand, which sustained dealerships through COVID.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.