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The benefits of cycling are substantial, including improved cardiovascular health, reduced stress levels, and effective weight management. Furthermore, cycling plays a crucial role in decreasing air pollution and traffic congestion in urban areas, making it a viable eco-friendly alternative to motor vehicles. In the context of rising fuel prices and urban sprawl, cycling is increasingly viewed as an affordable and practical solution. As more countries in the region establish dedicated cycling lanes and promote bike-sharing programs, the perception of bicycles is shifting towards recognizing them as an essential mode of transport for both leisure and daily commuting.
According to the research report, “Middle East & Africa Bicycle Market Outlook, 2029”, the market is expected to grow with 4.52% CAGR by 2024-29. The bicycle market across the Middle East and Africa is shaped by a variety of factors, including heightened environmental concerns, increased health consciousness, and urban traffic issues. As urban areas in the region confront escalating pollution and congestion, bicycles are increasingly seen as a sustainable and practical transportation option. Health-aware consumers are adopting cycling as a means to maintain fitness and boost cardiovascular health, which is further propelling market growth.
Government efforts to enhance cycling infrastructure, such as the establishment of dedicated bike lanes and bike-sharing initiatives, are crucial in fostering market development, especially in countries like the UAE, South Africa, and Morocco. Additionally, the rising costs of fuel and the quest for affordable transport solutions are driving consumers towards bicycles for short-distance journeys. Technological innovations, particularly in electric bicycles, are also expanding the appeal of cycling, making it a more accessible and attractive choice for a diverse range of individuals.
The Middle East and Africa bicycle market is segmented by type into various categories, including Road Bikes, Mountain Bikes, Hybrid Bikes, E-bikes, and Others (Kids, Standard, and Maas). Among these, E-bikes and Road Bikes currently hold the largest market share. E-bikes, in particular, have gained significant traction due to their eco-friendly nature, convenience, and ability to assist riders on challenging terrains. Road Bikes, on the other hand, continue to be popular among cycling enthusiasts seeking high performance and speed. While other segments like Mountain Bikes and Hybrid Bikes also contribute to the market, E-bikes and Road Bikes remain the dominant forces driving the growth of the Middle East and Africa bicycle market.
The Middle East and Africa bicycle market is further segmented based on end-user demographics and biker type. In terms of end-users, Men and Women dominate the market, with Men holding a larger share. This is attributed to factors like cultural norms and societal expectations. However, the segment of Women cyclists is steadily growing, driven by increasing participation in sports and fitness activities. Additionally, the Kids' segment is emerging as a significant market, fuelled by the rising popularity of cycling as a recreational activity for children.
When considering biker type, the market is divided into four categories: Highly Engaged, Engaged, Leisure, and Travel. Among these, the Leisure segment, comprising casual cyclists who primarily use bikes for recreational purposes, holds the largest market share. This segment is further dominated by Men, who often prefer cycling as a leisurely activity. The Highly Engaged segment, consisting of serious cyclists who participate in competitive cycling events, is a smaller but influential group.
This segment is primarily composed of Men, who are more likely to pursue competitive cycling. The Engaged segment, comprising regular cyclists who use bikes for commuting or fitness, is a growing segment that includes both Men and Women. The Travel segment, comprising cyclists who use bikes for touring or adventure cycling, is a niche market but is gaining popularity among both Men and Women.
The Middle East and Africa region is a diverse and rapidly evolving landscape when it comes to the transportation sector, with both electric and conventional vehicles playing significant roles. On the electric front, the region is witnessing a surge in adoption, driven by government incentives, environmental awareness, and the desire for more sustainable mobility options. Electric vehicles, with their zero-emission capabilities and advanced technologies, are transforming the way people commute and travel, offering a cleaner and more efficient alternative to traditional gasoline-powered cars.
Conversely, conventional vehicles, powered by internal combustion engines, continue to dominate the market, particularly in areas where infrastructure for electric charging is still developing. These conventional models, ranging from compact city cars to rugged SUVs, cater to the diverse needs and preferences of the region's consumers, providing reliable and accessible transportation solutions. As the Middle East and Africa strive to modernize their transportation systems, the coexistence of electric and conventional vehicles presents a dynamic and evolving landscape, with each technology offering unique advantages and catering to the varying demands of the region's diverse population.
COVID-19 Impact
The COVID-19 pandemic significantly impacted the bicycle market. As lockdowns and social distancing measures were implemented, people turned to bicycles as a safe, healthy, and environmentally friendly mode of transportation and exercise. This led to a surge in demand, particularly for bicycles suitable for commuting and recreational activities. Additionally, the pandemic accelerated the development of cycling infrastructure in many cities, making cycling more accessible and convenient. While supply chain disruptions posed challenges, the long-term impact of the pandemic on the bicycle market is likely to be positive, with a sustained increase in cycling participation and a shift towards healthier and more sustainable lifestyles.Considered in this report
- Geography: Middle East & Africa
- Historic year: 2018
- Base year: 2023
- Estimated year: 2024
- Forecast year: 2029
Aspects covered in this report
- Middle East & Africa Bicycle market with its value and forecast along with its segments
- Country-wise toy market analysis
- Various divers and challenges
- On-going trends and developments
- Five force models
- Top profiled companies
- Strategic recommendation
Countries covered in the report
- UAE
- Saudi Arabia
- South Africa
- Qatar
Segment covered in the report
By Type
- Road Bikes
- Mountain Bikes
- Hybrid Bikes
- E-bikes
- Others (Kids, standard, maas)
By End User
- Men
- Women
- Kids
By Bikers Type
- Highly Engaged
- Engaged
- Leisure
- Travel
By Technology Type
- Electric
- Conventional
The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing the government- generated reports and databases.After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have verified the details obtained from secondary sources.
Intended audience
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to bicycle products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.This product will be delivered within 2 business days.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accell Group
- Bridgestone
- Camplagnolo
- Cannondale
- Cervélo Cycles
- Cube Cycles
- Dorel Industries Inc.
- Giant Bicycles
- Orbea
- Scott Sports
- Specialized Bicycle Components, Inc
- STRiDA
- XDS Shenzhen Xidesheng Bicycles Co