The Global Bicycle Market is expected to grow at a compound annual growth rate (CAGR) of 6.67% from US$79.713 billion in 2025 to US$110.102 billion in 2030.
The global bicycle market is poised for growth in the coming years, primarily driven by increasing consumer focus on healthy lifestyles and the rising adoption of bicycles for daily routines, leisure, and sports activities in both developed and developing economies.
The global bicycle market is poised for growth in the coming years, primarily driven by increasing consumer focus on healthy lifestyles and the rising adoption of bicycles for daily routines, leisure, and sports activities in both developed and developing economies.
Market Growth Drivers:
- Rising Prevalence of Lifestyle-Related Diseases: The growing global prevalence of chronic diseases like obesity, diabetes, and cardiovascular diseases is a key factor driving the demand for bicycles. As people become more aware of the importance of a healthy lifestyle and regular physical activity, cycling is increasingly seen as an accessible and effective way to mitigate the risk of these diseases.
- The International Diabetes Federation projects that 783 million people will have diabetes by 2045. Cycling helps maintain blood sugar levels and activates a significant portion of the body's muscles, reducing the risk of diabetes.
- The World Health Organization reported that one in eight people were obese in 2022. Cycling promotes physical activity and boosts metabolism, contributing to weight management.
Geographical Outlook:
- Asia-Pacific: The Asia-Pacific region is expected to hold a significant market share during the forecast period. This is due to the large population base in countries like India, China, and Indonesia, as well as the presence of well-established domestic bicycle brands such as Atlas Cycles, Hero Cycles, and Giant Bicycles.
Reasons for buying this report::
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What can businesses use this report for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Bicycle Market is analyzed into the following segments:
By Type
- Mountain
- Road
- Hybrid
- Others
By End-User
- Men
- Women
- Kids
By Technology
- Conventional
- Electric
By Distribution Channel
- Online
- Offline
By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. GLOBAL BICYCLE MARKET BY TYPE
6. GLOBAL BICYCLE MARKET BY END-USER
7. GLOBAL BICYCLE MARKET BY TECHNOLOGY
8. GLOBAL BICYCLE MARKET BY DISTRIBUTION CHANNEL
9. GLOBAL BICYCLE MARKET BY GEOGRAPHY
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
Companies Mentioned
- Giant Manufacturing Co. Ltd.
- Trek Bicycle Corporation
- Hero Cycles Limited
- Scott Sports SA
- Merida Industry Co., Ltd
- Cervélo
- TI Cycles
- Fuji Bikes
- Accell Group N.V.
- Olympus Bikes
- Derby Cycle AG
- Cube Bikes
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 151 |
| Published | February 2025 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 79.71 Billion |
| Forecasted Market Value ( USD | $ 110.1 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
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