Bicycle Industry Statistics and TrendsAccording to the Gluskin Townley Group, there are approximately 4,256 speciality bike stores, lowered almost 1,000 stores from the year before. 87% of store fronts are just a single location. A quarter of shops have seen an increase in revenue while more than half have seen a decrease.

The market is broken down into the follow statistics. Percentage of Revenue by Category1. Bikes – 41%2. Parts and Accessories – 26%3. Repairs – 16%4. Apparel – 7%5. Other – 10% Percentage of Market Channels1.

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Family Bike Shop – 87.8%2. High End Road – 31.453. High End Mountain Bike – 24.4%4.

BMX/Freestyle – 15.7%5. Urban All Brands – 11.8%6. Womens Bike Shop – 9.8%7.

Custom Boutque – 4.9%8. Other – 18.6% Percentage of bike sale shares by category1. Mountain Bike – 24%2. Hybrid/Cross – 21%3. Comfort – 15%5.

Youth – 13%6. Cruiser – 6%7. Recum/Tandem – 1% Bicycle TechnologyThe below video demonstrates the technology of a bicycle that does not use a common chain or crank, but instead a stepping power of a single gear that can boost three tomes the power.Top 10 Selling Brands1. Electra Average Salary in Bicycle IndustryStore Owner – $44,000Manager – $33,000Sales/service Manager – $29,000Mechanic – $20,000 Additional Bicycle Shop ServicesThe following list outlines additional services offered by speciality bicycle retailers.1. Bike Rentals – 40.1%2. Training – 12.9%3. Coffee Bar – 12.2%4.

Spinning Classes – 10.8%5. Coaching – 9.8%6. Beer – 4.5%7.

Electric Trainer Time and Rental – 3.8%8. Cafe – 0.7%9. Full Service Restaurant – 0.7%10. Massage – 0.7%11. Yoga – 0.7%12.

Juice Bar – 0.3%13. Other – 12.9% Rider StatisticsMale Frequency of RidingFrequent – 16%Occasional (25-99 days) – 46.6%Infrequent (6-24 days) – 37.4%Female Frequency of RidingFrequent – 11.1%Occasional (25-99 days) – 47.8%Infrequent (6-24 days) – 41.1% Gender and AgeFemale19.1 million49% of industryAverage age is 34.2 years old.Male20.2 million51% of industryAverage age is 35.5 years old.Youth GroupAge 17 and younger – 10.8 million28% of total industry.Adult GroupAge 18 and older – 28.5 million72% of total industry. Bike CensusAccording to the below infographic, 82% of Americans express interest in participating in a workshop on bike safety, education, and maintenance. An average.7 bicycles are stolen per household.

Additional statistics for the bike industry are outlined below. Backflip madness pc.