UK Bicycle Market Size & Outlook, 2024-2030
Related Markets
UK bicycle market highlights
- The UK bicycle market generated a revenue of USD 4,548.8 million in 2024 and is expected to reach USD 8,341.5 million by 2030.
- The UK market is expected to grow at a CAGR of 10.7% from 2025 to 2030.
- In terms of segment, road bikes was the largest revenue generating product in 2024.
- Cargo Bikes is the most lucrative product segment registering the fastest growth during the forecast period.
Bicycle market data book summary
| Market revenue in 2024 | USD 4,548.8 million |
| Market revenue in 2030 | USD 8,341.5 million |
| Growth rate | 10.7% (CAGR from 2025 to 2030) |
| Largest segment | Road bikes |
| Fastest growing segment | Cargo Bikes |
| Historical data | 2017 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
Other key industry trends
- In terms of revenue, UK accounted for 5.9% of the global bicycle market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany bicycle market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 7,323.9 million by 2030.
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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK bicycle 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 market will help companies and investors design strategic landscapes.
Road bikes was the largest segment with a revenue share of 45.41% in 2024. Horizon Databook has segmented the UK bicycle market based on mountain bikes, hybrid bikes, road bikes, cargo bikes covering the revenue growth of each sub-segment from 2017 to 2030.
Post the COVID-19 pandemic, the demand for all kinds of bicycles, from children's bikes to Mountain Bikes (MTBs) and e-bikes, has increased significantly in the U.K.
According to industry experts, more than 3.1 million bicycles were sold in Great Britain in 2021, which is nearly 15% more than in any of the previous five years.
Individuals have opted for cycling for recreation, exercise, work, sport, entertainment, and relaxation since the pandemic.
Reasons to subscribe to UK bicycle market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK bicycle market databook
-
Our clientele includes a mix of bicycle market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK bicycle market , including forecasts for subscribers. This country databook contains high-level insights into UK bicycle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK bicycle market size, by product, 2017-2030 (US$M)
UK Bicycle Market Outlook Share, 2024 & 2030 (US$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
