South Korea Bicycle Accessories Market Size & Outlook
The bicycle accessories market in South Korea is expected to reach a projected revenue of US$ 1,043.0 million by 2030. A compound annual growth rate of 8.1% is expected of South Korea bicycle accessories market from 2025 to 2030.
- Automotive, Mobility & Logistics
- Maritime & Transportation
- Bicycle Accessories Market Outlook
- Maritime & Transportation
Revenue, 2024 (US$M)
$660.1
Forecast, 2030 (US$M)
$1,043.0
CAGR, 2025 - 2030
8.1%
Report Coverage
South Korea
South Korea Bicycle Accessories Market, 2018-2030 (US$M)
Global Market
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South Korea bicycle accessories market highlights
- The South Korea bicycle accessories market generated a revenue of USD 660.1 million in 2024 and is expected to reach USD 1,043.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.1% from 2025 to 2030.
- In terms of segment, components was the largest revenue generating product in 2024.
- Apparels is the most lucrative product segment registering the fastest growth during the forecast period.
Bicycle accessories market data book summary
| Market revenue in 2024 | USD 660.1 million |
| Market revenue in 2030 | USD 1,043.0 million |
| Growth rate | 8.1% (CAGR from 2025 to 2030) |
| Largest segment | Components |
| Fastest growing segment | Apparels |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Apparels, Components |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.1% of the global bicycle accessories market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bicycle accessories market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,281.0 million by 2030.
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Publish Date: Mar 20, 2025
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Bicycle Accessories Market Scope
Bicycle Accessories Market segmentation & scope
Bicycle Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eastman Chemical Co | View profile | 14,000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | www.eastman.com |
| Accell | View profile | 11-50 | Warrenton, Virginia, United States, North America | accellclinical.com/ |
| Specialized Bicycle Components | View profile | 501-1000 | Morgan Hill, California, United States, North America | specialized.com |
| Giant Manufacturing Co Ltd | View profile | 11,405 | Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, Taiwan, 40763 | www.giant-bicycles.com |
| Endura | View profile | 1-10 | Livingston, West Lothian, United Kingdom, Europe | www.endurasport.com/ |
| Campagnolo | View profile | 101-250 | Vicenza, Veneto, Italy, Europe | www.campagnolo.com |
| Lezyne | View profile | 51-100 | San Luis Obispo, California, United States, North America | ride.lezyne.com |
| Trek Bicycle | View profile | 1001-5000 | Waterloo, Wisconsin, United States, North America | www.trekbikes.com/ |
| Garmin Ltd. | View profile | - | - | - |
| Avon | View profile | 10001+ | New York, New York, United States, North America | www.youravon.com |
South Korea Bicycle Accessories Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bicycle Accessories Market Outlook will help companies and investors design strategic landscapes.
Components was the largest segment with a revenue share of 71.99% in 2024.
Horizon Databook has segmented the South Korea bicycle accessories market based on apparels, components covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Bicycle Accessories Market Product Outlook (Revenue, USD Million , 2018-2030)
- Apparels
- Components
- South Korea Bicycle Accessories Market Bicycle Type Outlook (Revenue, USD Million , 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- South Korea Bicycle Accessories Market By Type Outlook (Revenue, USD Million , 2018-2030)
- OEM
- Aftermarket
- South Korea Bicycle Accessories Market By Sales Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Bicycle Accessories Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Bicycle Accessories Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Bicycle Accessories Market, 2018-2030 (US$M)
South Korea bicycle accessories market statistics, by product, 2018-2030 (US$M)
