China Bicycle Market Size & Outlook, 2026-2033
The bicycle market in China is expected to reach a projected revenue of US$ 19,776.0 million by 2033. A compound annual growth rate of 8.5% is expected of China bicycle market from 2026 to 2033.
Revenue, 2025 (US$M)
$10,330.0
Forecast, 2033 (US$M)
$19,776.0
CAGR, 2026 - 2033
8.5%
Report Coverage
China
Related Markets
China bicycle market highlights
- The China bicycle market generated a revenue of USD 10,330.0 million in 2025 and is expected to reach USD 19,776.0 million by 2033.
- The China market is expected to grow at a CAGR of 8.5% from 2026 to 2033.
- In terms of segment, road bikes was the largest revenue generating product in 2025.
- Cargo Bikes is the most lucrative product segment registering the fastest growth during the forecast period.
Bicycle market data book summary
| Market revenue in 2025 | USD 10,330.0 million |
| Market revenue in 2033 | USD 19,776.0 million |
| Growth rate | 8.5% (CAGR from 2026 to 2033) |
| Largest segment | Road bikes |
| Fastest growing segment | Cargo Bikes |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
| Key market players worldwide | Accell, Atlas Cycles, Avon, Cervelo Cycles, Dorel Industries, Giant Bicycle, MERIDA BIKES, Specialized Bicycle Components, Scotts, Trek Bicycle, Orbea S. Coop, Beistegui Hermanos, Axalko, Hagen & Co, Mammoth eBike, E-BIKE, Garri Logistics |
Other key industry trends
- In terms of revenue, China accounted for 12.3% of the global bicycle market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China bicycle market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,310.8 million by 2033.
Road bikes was the largest segment with a revenue share of 43.45% in 2025. Horizon Databook has segmented the China bicycle market based on mountain bikes, hybrid bikes, road bikes, cargo bikes covering the revenue growth of each sub-segment from 2021 to 2033.
Bicycle market in China is anticipated to grow with a significant CAGR. The market growth in China is attributed to the growing environmental issues and traffic congestion in China.
Growing concern regarding carbon footprint and pollution has influenced population to adopt bicycles. According to industry experts, it is anticipated that 19.4% of Chinese population ride bicycles to reach their workstation from home.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bicycle Market Scope
Bicycle market segmentation & scope
Bicycle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Garri Logistics | View profile | 11-50 | Addis Ababa, Adis Abeba, Ethiopia, Africa | https://garrilogistics.com |
| E-BIKE | View profile | 1-10 | Wuxi Shi, Jiangsu, China, Asia | http://www.e-biker.cn |
| Mammoth eBike | View profile | 1-10 | Kharkiv, Sums'ka Oblast', Ukraine, Europe | http://mammothebike.com |
| Hagen & Co | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.hagenco.com/ |
| Dorel Industries | View profile | 10001+ | Westmount, Quebec, Canada, North America | http://www.dorel.com/eng/ |
| Avon | View profile | 10001+ | New York, New York, United States, North America | https://www.youravon.com |
| Orbea S. Coop | View profile | 251-500 | Bilbao, Pais Vasco, Spain, Europe | https://www.orbea.com |
| Trek Bicycle | View profile | 1001-5000 | Waterloo, Wisconsin, United States, North America | https://www.trekbikes.com/ |
| Scotts | View profile | 101-250 | Wiltshire, Mississippi, United States, North America | https://www.scottsandco.com |
| Axalko | View profile | - | https://axalko.com/ | |
| Beistegui Hermanos | View profile | 11-50 | Vitória, Piaui, Brazil, South America | https://www.bhbikes.com |
| Cervelo Cycles | View profile | 51-100 | Toronto, Ontario, Canada, North America | http://www.cervelo.com/en/ |
| Atlas Cycles | View profile | 251-500 | Sonipat, Haryana, India, Asia | http://atlasbicycles.com/ |
| Specialized Bicycle Components | View profile | 501-1000 | Morgan Hill, California, United States, North America | http://specialized.com |
| MERIDA BIKES | View profile | 1-10 | Yüanlin, T'ai-wan, Taiwan, Asia | https://www.merida-bikes.com/ |
| Giant Bicycle | View profile | 1001-5000 | Taiwan, Jiangsu, China, Asia | http://giant-bicycles.com |
| Accell | View profile | 11-50 | Warrenton, Virginia, United States, North America | https://accellclinical.com/ |
China bicycle market size, by product, 2021-2033 (US$M)
China Bicycle Market Outlook Share, 2025 & 2033 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
