The global cycle tourism market size is expected to reach USD 234.30 billion by 2030 and is expected to expand at 9.1% CAGR from 2023 to 2030.
Cycle tourism refers to leisure-oriented travel that includes cycling or other bicycle-related activities. Bicycles are a crucial component of cycle tourism, letting visitors experience a satisfying trip. While hard-core cycling provides tourists with physical training, soft cycling allows them to take in stunning views and sceneries. The increased emphasis of global tourism on the growth of cycle tourism is leading to the construction of the cycling infrastructure, which supports the expansion of the industry. The growth of small enterprises in rural regions is facilitated by cycling tourism.
Increasing initiatives by governments to promote sustainable development of the tourism industry are anticipated to drive the growth of the cycle tourism market, especially in China, Brazil, Japan, and Australia, among others. For instance, in March 2022, the Tamil Nadu Tourism Development Corporation (TTDC) in India launched heritage cycling tours to attract cyclists in the country and enable them to spend time cycling around various landmarks. The government collaborated with a Chennai-based cycling group named 'Cycling Yogis' to rediscover historical monuments. Such initiatives are expected to boost the demand for cycling tourism over the forecast period.
The COVID-19 pandemic has had a significant global impact on the cycle travel and tourism industry. The extensive mitigation and containment measures taken by governments and healthcare authorities to stop the virus's spread had a significant negative impact on the global market. It resulted in a limited number of cyclists. However, as governments made a move toward a gradual relaxation of constraints, the demand for cycling tourism witnessed an upward growth trajectory. To prevent environmental deterioration, people everywhere are becoming more environmentally conscious and searching for different methods to lower their carbon footprint. Bicycles, a more environmentally friendly means of transportation, have become increasingly popular as a result. This is expected to boost industry growth over the forecast period.
As major industry players work with marketing firms to draw in high-value clients through web marketing, the demand for cycling tourism is growing internationally. Since cycling tourism generates employment possibilities and supports local development, governments in several nations are also encouraging it. This is expected to contribute positively to the market's growth.
Cycle tourism refers to leisure-oriented travel that includes cycling or other bicycle-related activities. Bicycles are a crucial component of cycle tourism, letting visitors experience a satisfying trip. While hard-core cycling provides tourists with physical training, soft cycling allows them to take in stunning views and sceneries. The increased emphasis of global tourism on the growth of cycle tourism is leading to the construction of the cycling infrastructure, which supports the expansion of the industry. The growth of small enterprises in rural regions is facilitated by cycling tourism.
Increasing initiatives by governments to promote sustainable development of the tourism industry are anticipated to drive the growth of the cycle tourism market, especially in China, Brazil, Japan, and Australia, among others. For instance, in March 2022, the Tamil Nadu Tourism Development Corporation (TTDC) in India launched heritage cycling tours to attract cyclists in the country and enable them to spend time cycling around various landmarks. The government collaborated with a Chennai-based cycling group named 'Cycling Yogis' to rediscover historical monuments. Such initiatives are expected to boost the demand for cycling tourism over the forecast period.
The COVID-19 pandemic has had a significant global impact on the cycle travel and tourism industry. The extensive mitigation and containment measures taken by governments and healthcare authorities to stop the virus's spread had a significant negative impact on the global market. It resulted in a limited number of cyclists. However, as governments made a move toward a gradual relaxation of constraints, the demand for cycling tourism witnessed an upward growth trajectory. To prevent environmental deterioration, people everywhere are becoming more environmentally conscious and searching for different methods to lower their carbon footprint. Bicycles, a more environmentally friendly means of transportation, have become increasingly popular as a result. This is expected to boost industry growth over the forecast period.
As major industry players work with marketing firms to draw in high-value clients through web marketing, the demand for cycling tourism is growing internationally. Since cycling tourism generates employment possibilities and supports local development, governments in several nations are also encouraging it. This is expected to contribute positively to the market's growth.
Cycle Tourism Market Report Highlights
- Europe captured the largest market share in 2022 on account of rising demand for cycle tourism as a form of activity for maintaining physical health, the growth of the e-bike industry, and government initiatives to promote sustainable tourism
- During the forecast period, the solo adventure traveler category is anticipated to expand at a significant CAGR. Male and female adventurers are increasingly choosing to travel alone and embrace their individuality
- Solo bike adventures are expected to remain very popular during the forecast period. The segment is expected to advance at above 8.0% CAGR, thanks to the bikers' love for nature, adventure, and solo experiences, among other factors
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Group Outlook
2.3. Booking Mode Outlook
2.4. Age Group Outlook
2.5. Regional Outlook
Chapter 3. Cycle Tourism Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Cycle Tourism Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of the Cycle Tourism Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Cycle Tourism Market: Group Estimates & Trend Analysis
5.1. Group Movement Analysis & Market Share, 2022 & 2030
5.2. Groups/Friends
5.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.3. Couples
5.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.4. Family
5.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.5. Solo
5.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
Chapter 6. Cycle Tourism Market: Booking Mode Estimates & Trend Analysis
6.1. Booking Mode Movement Analysis & Market Share, 2022 & 2030
6.2. Direct
6.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
6.3. Travel Agent
6.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
6.4. Marketplace Booking
6.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
Chapter 7. Cycle Tourism Market: Age Group Estimates & Trend Analysis
7.1. Age Group Movement Analysis & Market Share, 2022 & 2030
7.2. 18 to 30 Years
7.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3. 31 to 50 Years
7.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4. Above 50 Years
7.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
Chapter 8. Cycle Tourism Market: Regional Estimates & Trend Analysis
8.1. Regional Movement Analysis & Market Share, 2022 & 2030
8.2. North America
8.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.2.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.2.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.2.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.2.5. U.S.
8.2.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.2.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.2.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.2.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.2.6. Canada
8.2.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.2.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.2.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.2.6.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.3. Europe
8.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.3.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.3.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.3.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.3.5. U.K.
8.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.3.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.3.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.3.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.3.6. Germany
8.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.3.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.3.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.3.6.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.3.7. France
8.3.7.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.3.7.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.3.7.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.3.7.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.4.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.4.5. China
8.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.4.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.4.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.4.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.4.6. India
8.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.4.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.4.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.4.6.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.4.7. Japan
8.4.7.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.4.7.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.4.7.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.4.7.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.5. Central & South America
8.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.5.5. Brazil
8.5.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.5.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.5.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.5.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.6. Middle East & Africa
8.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.6.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
8.6.5. South Africa
8.6.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
8.6.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
8.6.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
8.6.5.4. Market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
Chapter 9. Competitive Analysis
9.1. Key global players, recent developments & their impact on the industry
9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3. Vendor Landscape
9.4. Key company market share analysis, 2022
Chapter 10. Company Profiles
10.1. SpiceRoads Cycling
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. World Expeditions
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Strategic Initiatives
10.3. Travel + Leisure Holdco, LLC
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Strategic Initiatives
10.4. Exodus Travels Limited.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Strategic Initiatives
10.5. Intrepid Travel
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Strategic Initiatives
10.6. G Adventures
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Strategic Initiatives
10.7. Himalayan Glacier Adventure and Travel Company
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Strategic Initiatives
10.8. Sarracini Travel
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Strategic Initiatives
10.9. Arbutus Routes
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Strategic Initiatives
10.10. Austin Adventures
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Strategic Initiatives
List of Tables
1. Cycle Tourism Market - Key Market Driver Analysis
2. Cycle Tourism Market - Key Market Restraint Analysis
3. Global groups/friends cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
4. Global couples cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
5. Global family cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
6. Global solo cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
7. Global Cycle Tourism Market estimates and forecast through direct booking, 2017 - 2030 (USD Billion)
8. Global Cycle Tourism Market estimates and forecast through travel agents, 2017 - 2030 (USD Billion)
9. Global Cycle Tourism Market estimates and forecast through marketplace booking, 2017 - 2030 (USD Billion)
10. Global 18 to 30 years cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
11. Global 31 to 50 years cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
12. Global above 50 years cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
13. North America cycle tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
14. North America cycle tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
15. North America cycle tourism market estimates and forecast, by age group, 2017 - 2030 (USD Billion)
16. U.S. cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
17. U.S. cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
18. U.S. cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
19. U.S. cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
20. Canada cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
21. Canada cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
22. Canada cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
23. Canada cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
24. Europe cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
25. Europe cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
26. Europe cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
27. Europe cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
28. U.K. cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
29. U.K. cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
30. U.K. cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
31. U.K. cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
32. Germany cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
33. Germany cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
34. Germany cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
35. Germany cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
36. France cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
37. France cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
38. France cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
39. France cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
40. Asia Pacific cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
41. Asia Pacific cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
42. Asia Pacific cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
43. Asia Pacific cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
44. China cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
45. China cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
46. China cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
47. China cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
48. India cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
49. India cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
50. India cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
51. India cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
52. Japan cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
53. Japan cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
54. Japan cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
55. Japan cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
56. Central & South America cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
57. Central & South America cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
58. Central & South America cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
59. Central & South America cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
60. Brazil cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
61. Brazil cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
62. Brazil cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
63. Brazil cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
64. Middle East & Africa cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
65. Middle East & Africa cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
66. Middle East & Africa cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
67. Middle East & Africa cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
68. South Africa cycle tourism market estimates and forecast, 2017 - 2030 (USD Billion)
69. South Africa cycle tourism market estimates and forecast by group, 2017 - 2030 (USD Billion)
70. South Africa cycle tourism market estimates and forecast by booking mode, 2017 - 2030 (USD Billion)
71. South Africa cycle tourism market estimates and forecast by age group, 2017 - 2030 (USD Billion)
List of Figures
1. Cycle Tourism Market Snapshot
2. Cycle Tourism Market Segmentation & Scope
3. Cycle Tourism Market Penetration & Growth Prospect Mapping
4. Cycle Tourism Market Value Chain Analysis
5. Cycle Tourism Market Dynamics
6. Cycle Tourism Market Porter's Analysis
7. Cycle Tourism Market: Group Movement Analysis
8. Cycle Tourism Market: Booking Mode Movement Analysis
9. Cycle Tourism Market: Age Group Movement Analysis
10. Cycle Tourism Market: Regional Movement Analysis
Companies Mentioned
- SpiceRoads Cycling
- World Expeditions
- Travel + Leisure Holdco, LLC
- Exodus Travels Limited.
- Intrepid Travel
- G Adventures
- Himalayan Glacier Adventure and Travel Company
- Sarracini Travel
- Arbutus Routes
- Austin Adventures
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | January 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 125.29 Billion |
| Forecasted Market Value ( USD | $ 234.3 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
