Over the five years to 2015, revenue for the Bicycle Manufacturing industry in China has been growing at an annualized rate of 3.9% to an estimated $11.6 billion. The main drivers of industry growth have been increasing domestic demand, particularly in China's rural regions, and export growth. In 2015, exports are expected to account for 61.5% of total revenue. Despite steady revenue growth, intense competition in this mature industry and the rising price of inputs have led to falling profitability over the past few years. In 2015, average industry profit is estimated at 4.0% of revenue.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
