Bicycle industry Bicycle industry The Bicycle Industry or Cycling Industry can broadly be defined as the industry concerned with bicycles and cycling. It includes at least bicycle manufacturers, part or component manufacturers, and accessory manufacturers. It can also include distributors, retailers, bicycle organizations, bicycle event promoters, and bicycle related service providers. The Global Bicycle Industry generales sales for over $45 bn in 2017 and is forecasted, according to analist consensus, at 6-0% p.a. over the next 5yr In 2016 in the United States, it generated $6 billion of revenue and in Europe, it generated €14 bn in revenues. Besides advocating for greater
Quality Bicycle Products Quality Bicycle Products Quality Bicycle Products is the largest distributor of bicycle parts and accessories in the bicycle industry, with revenues of $150 million in 2008. In addition to wholesaling bicycles and components from other manufacturers, QBP owns and manufactures several brands of its own. QBP also participates in activities which support its community through cycling advocacy and green building. Founded by Steve Flagg and Mary Henrickson in 1981, QBP operated from a small office in St. Paul, MN. The company did $100,000 of sales during its first year. In the second year sales reached $250,000 and in 1983 the