NAICS Code 459110-07 - Bicycles-Parts & Supplies (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 459110-07 Description (8-Digit)

Bicycles-Parts & Supplies (Retail) is a subdivision of the Sporting Goods Retailers industry that involves the retail sale of bicycles, bicycle parts, and accessories. This industry caters to customers who are looking for bicycles for various purposes such as commuting, racing, or leisure activities. Bicycles-Parts & Supplies (Retail) stores offer a wide range of bicycles, including road bikes, mountain bikes, hybrid bikes, and electric bikes. They also sell bicycle parts such as frames, wheels, tires, pedals, chains, and brakes. Additionally, they offer accessories such as helmets, lights, locks, and clothing.

Hierarchy Navigation for NAICS Code 459110-07

Parent Code (less specific)

Tools

Tools commonly used in the Bicycles-Parts & Supplies (Retail) industry for day-to-day tasks and operations.

  • Chain whip
  • Cassette lockring tool
  • Bottom bracket tool
  • Spoke wrench
  • Tire levers
  • Chain tool
  • Pedal wrench
  • Torque wrench
  • Allen wrench set
  • Cable cutters
  • Grease gun
  • Floor pump
  • Chain lubricant
  • Brake pad alignment tool
  • Headset press
  • Crank puller
  • Wheel truing stand
  • Disc brake caliper alignment tool
  • Derailleur hanger alignment tool

Industry Examples of Bicycles-Parts & Supplies (Retail)

Common products and services typical of NAICS Code 459110-07, illustrating the main business activities and contributions to the market.

  • Road bikes
  • Mountain bikes
  • Hybrid bikes
  • Electric bikes
  • Bicycle frames
  • Bicycle wheels
  • Bicycle tires
  • Bicycle pedals
  • Bicycle chains
  • Bicycle brakes
  • Bicycle helmets
  • Bicycle lights
  • Bicycle locks
  • Bicycle clothing
  • Bicycle baskets
  • Bicycle fenders
  • Bicycle pumps
  • Bicycle saddles
  • Bicycle handlebars

Certifications, Compliance and Licenses for NAICS Code 459110-07 - Bicycles-Parts & Supplies (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Bicycle Mechanic Certification: This certification is offered by the Bicycle Mechanic Certification Institute (BMCI) and is designed to ensure that bicycle mechanics have the necessary skills and knowledge to repair and maintain bicycles. The certification covers topics such as wheel building, brake systems, and drivetrain systems.
  • Bicycle Safety Instructor Certification: This certification is offered by the League of American Bicyclists and is designed to train individuals to teach bicycle safety classes. The certification covers topics such as traffic laws, crash avoidance techniques, and bicycle maintenance.
  • Sales Tax Permit: A sales tax permit is required for any business that sells goods or services subject to sales tax. Bicycles and bicycle parts are typically subject to sales tax, so a sales tax permit is required for businesses that sell these items.
  • Business License: A business license is required for any business that operates within a city or county. The requirements for a business license vary depending on the location of the business.
  • Consumer Product Safety Commission (CPSC) Certification: The CPSC is responsible for ensuring that consumer products, including bicycles and bicycle parts, are safe for use. Businesses that sell bicycles and bicycle parts must comply with CPSC regulations and may be required to obtain CPSC certification for certain products.

History

A concise historical narrative of NAICS Code 459110-07 covering global milestones and recent developments within the United States.

  • The history of the Bicycles-Parts & Supplies (Retail) industry dates back to the early 19th century when the first bicycle was invented in Germany. The industry grew rapidly in the late 1800s and early 1900s, with the introduction of mass production techniques and the development of new materials such as steel and rubber. In the United States, the industry experienced a boom in the 1890s, with the introduction of the safety bicycle, which was more comfortable and easier to ride than previous models. The industry continued to grow throughout the 20th century, with the introduction of new technologies such as lightweight materials, advanced gearing systems, and electronic shifting. Today, the industry is a major global player, with a wide range of products and services available to consumers. In recent history, the Bicycles-Parts & Supplies (Retail) industry in the United States has experienced significant growth, driven by a number of factors including increased interest in cycling as a form of exercise and transportation, the rise of e-bikes and other new technologies, and the growing popularity of cycling events such as the Tour de France and the Olympics. The industry has also benefited from increased investment in cycling infrastructure, such as bike lanes and trails, which has made cycling safer and more accessible to a wider range of consumers. Despite some challenges, such as the impact of the COVID-19 pandemic on supply chains and consumer demand, the industry is expected to continue to grow in the coming years, driven by ongoing innovation and increasing consumer interest in cycling as a sustainable and healthy form of transportation and recreation.

Future Outlook for Bicycles-Parts & Supplies (Retail)

The anticipated future trajectory of the NAICS 459110-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Bicycles-Parts & Supplies (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing popularity of cycling as a form of exercise and transportation. The COVID-19 pandemic has also contributed to the growth of the industry as more people are looking for outdoor activities to do while social distancing. The industry is also expected to benefit from the increasing demand for e-bikes and other electric-powered bicycles. However, the industry may face challenges such as supply chain disruptions and increased competition from online retailers.

Industry Innovations for NAICS Code 459110-07

Recent groundbreaking advancements and milestones in the Bicycles-Parts & Supplies (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Electric Bikes: Electric bikes have become increasingly popular in recent years, and many retailers in the Bicycles-Parts & Supplies (Retail) industry have started to offer a wide range of e-bikes to meet the growing demand.
  • Bike-Sharing Programs: Bike-sharing programs have become more common in cities across the USA, and many retailers in the Bicycles-Parts & Supplies (Retail) industry have started to partner with these programs to offer repair and maintenance services.
  • Online Sales: Many retailers in the Bicycles-Parts & Supplies (Retail) industry have started to offer online sales to meet the growing demand for e-commerce. This has allowed retailers to reach a wider audience and increase their sales.
  • Sustainable Products: Many retailers in the Bicycles-Parts & Supplies (Retail) industry have started to offer sustainable products such as bikes made from recycled materials or bikes that are designed to be more environmentally friendly.
  • Customization: Many retailers in the Bicycles-Parts & Supplies (Retail) industry have started to offer customization services, allowing customers to design their own bikes or choose from a wide range of customization options.

NAICS Code 459110-07 - Bicycles-Parts & Supplies (Retail)

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