UK Bicycle Market Size & Outlook, 2026-2033
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UK bicycle market highlights
- The UK bicycle market generated a revenue of USD 5,013.7 million in 2025 and is expected to reach USD 11,365.8 million by 2033.
- The UK market is expected to grow at a CAGR of 10.8% 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 5,013.7 million |
| Market revenue in 2033 | USD 11,365.8 million |
| Growth rate | 10.8% (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, UK accounted for 6.0% 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 Europe, Germany bicycle market is projected to lead the regional market in terms of revenue in 2033.
- France is the fastest growing regional market in Europe and is projected to reach USD 10,857.9 million by 2033.
Road bikes was the largest segment with a revenue share of 45.76% in 2025. 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 2021 to 2033.
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.
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Bicycle Market 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/ |
UK bicycle market size, by product, 2021-2033 (US$M)
UK Bicycle Market Outlook Share, 2025 & 2033 (US$M)
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