Bicycle Market Size, Share & Trends Analysis Report By Product (Mountain, Hybrid, Road, Cargo), By Technology (Electric, Conventional), By End-user, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030
- Report ID: GVR-2-68038-490-1
- Number of Pages: 111
- Format: Electronic (PDF)
- Historical Range: 2017 - 2023
- Industry: Technology
Market Segmentation
- Bicycle Product Outlook (Revenue, USD Million; 2017 - 2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Bicycle Design Outlook (Revenue, USD Million; 2017 - 2030)
- Folding
- Regular
- Bicycle Technology Outlook (Revenue, USD Million; 2017 - 2030)
- Electric
- Conventional
- Bicycle End-user Outlook (Revenue, USD Million; 2017 - 2030)
- Men
- Women
- Kids
- Bicycle Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)
- Online
- Offline
- Bicycle Regional Outlook (Revenue, USD Million; 2017 - 2030)
- North America
- North America Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- North America Bicycle Market by Design
- Folding
- Regular
- North America Bicycle Market by Technology
- Electric
- Conventional
- North America Bicycle Market by End-user
- Men
- Women
- Kids
- North America Bicycle Market by Distribution Channel
- Online
- Offline
- U.S.
- U.S. Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- U.S. Bicycle Market by Design
- Folding
- Regular
- U.S. Bicycle Market by Technology
- Electric
- Conventional
- U.S. Bicycle Market by End-user
- Men
- Women
- Kids
- U.S. Bicycle Market by Distribution Channel
- Online
- Offline
- U.S. Bicycle Market by Product
- Canada
- Canada Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Canada Bicycle Market by Design
- Folding
- Regular
- Canada Bicycle Market by Technology
- Electric
- Conventional
- Canada Bicycle Market by End-user
- Men
- Women
- Kids
- Canada Bicycle Market by Distribution Channel
- Online
- Offline
- Canada Bicycle Market by Product
- North America Bicycle Market by Product
- Europe
- Europe Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Europe Bicycle Market by Design
- Folding
- Regular
- Europe Bicycle Market by Technology
- Electric
- Conventional
- Europe Bicycle Market by End-user
- Men
- Women
- Kids
- Europe Bicycle Market by Distribution Channel
- Online
- Offline
- U.K.
- U.K. Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- U.K. Bicycle Market by Design
- Folding
- Regular
- U.K. Bicycle Market by Technology
- Electric
- Conventional
- U.K. Bicycle Market by End-user
- Men
- Women
- Kids
- U.K. Bicycle Market by Distribution Channel
- Online
- Offline
- U.K. Bicycle Market by Product
- Germany
- Germany Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Germany Bicycle Market by Design
- Folding
- Regular
- Germany Bicycle Market by Technology
- Electric
- Conventional
- Germany Bicycle Market by End-user
- Men
- Women
- Kids
- Germany Bicycle Market by Distribution Channel
- Online
- Offline
- Germany Bicycle Market by Product
- France
- France Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- France Bicycle Market by Design
- Folding
- Regular
- France Bicycle Market by Technology
- Electric
- Conventional
- France Bicycle Market by End-user
- Men
- Women
- Kids
- France Bicycle Market by Distribution Channel
- Online
- Offline
- France Bicycle Market by Product
- Italy
- Italy Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Italy Bicycle Market by Design
- Folding
- Regular
- Italy Bicycle Market by Technology
- Electric
- Conventional
- Italy Bicycle Market by End-user
- Men
- Women
- Kids
- Italy Bicycle Market by Distribution Channel
- Online
- Offline
- Italy Bicycle Market by Product
- Europe Bicycle Market by Product
- Asia Pacific
- Asia Pacific Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Asia Pacific Bicycle Market by Design
- Folding
- Regular
- Asia Pacific Bicycle Market by Technology
- Electric
- Conventional
- Asia Pacific Bicycle Market by End-user
- Men
- Women
- Kids
- Asia Pacific Bicycle Market by Distribution Channel
- Online
- Offline
- China
- China Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- China Bicycle Market by Design
- Folding
- Regular
- China Bicycle Market by Technology
- Electric
- Conventional
- China Bicycle Market by End-user
- Men
- Women
- Kids
- China Bicycle Market by Distribution Channel
- Online
- Offline
- China Bicycle Market by Product
- Japan
- Japan Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Japan Bicycle Market by Design
- Folding
- Regular
- Japan Bicycle Market by Technology
- Electric
- Conventional
- Japan Bicycle Market by End-user
- Men
- Women
- Kids
- Japan Bicycle Market by Distribution Channel
- Online
- Offline
- Japan Bicycle Market by Product
- India
- India Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- India Bicycle Market by Design
- Folding
- Regular
- India Bicycle Market by Technology
- Electric
- Conventional
- India Bicycle Market by End-user
- Men
- Women
- Kids
- India Bicycle Market by Distribution Channel
- Online
- Offline
- India Bicycle Market by Product
- South Korea
- South Korea Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- South Korea Bicycle Market by Design
- Folding
- Regular
- South Korea Bicycle Market by Technology
- Electric
- Conventional
- South Korea Bicycle Market by End-user
- Men
- Women
- Kids
- South Korea Bicycle Market by Distribution Channel
- Online
- Offline
- South Korea Bicycle Market by Product
- Australia
- Australia Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Australia Bicycle Market by Design
- Folding
- Regular
- Australia Bicycle Market by Technology
- Electric
- Conventional
- Australia Bicycle Market by End-user
- Men
- Women
- Kids
- Australia Bicycle Market by Distribution Channel
- Online
- Offline
- Australia Bicycle Market by Product
- Asia Pacific Bicycle Market by Product
- Latin America
- Larin America Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Latin America Bicycle Market by Design
- Folding
- Regular
- Latin America Bicycle Market by Technology
- Electric
- Conventional
- Latin America Bicycle Market by End-user
- Men
- Women
- Kids
- Latin America Bicycle Market by Distribution Channel
- Online
- Offline
- Brazil
- Brazil Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Brazil Bicycle Market by Design
- Folding
- Regular
- Brazil Bicycle Market by Technology
- Electric
- Conventional
- Brazil Bicycle Market by End-user
- Men
- Women
- Kids
- Brazil Bicycle Market by Distribution Channel
- Online
- Offline
- Brazil Bicycle Market by Product
- Mexico
- Mexico Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Mexico Bicycle Market by Design
- Folding
- Regular
- Mexico Bicycle Market by Technology
- Electric
- Conventional
- Mexico Bicycle Market by End-user
- Men
- Women
- Kids
- Mexico Bicycle Market by Distribution Channel
- Online
- Offline
- Mexico Bicycle Market by Product
- Larin America Bicycle Market by Product
- Middle East & Africa
- Middle East & Africa Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Middle East & Africa Bicycle Market by Design
- Folding
- Regular
- Middle East & Africa Bicycle Market by Technology
- Electric
- Conventional
- Middle East & Africa Bicycle Market by End-user
- Men
- Women
- Kids
- Middle East & Africa Bicycle Market by Distribution Channel
- Online
- Offline
- Kingdom of Saudi Arabia (KSA)
- Kingdom of Saudi Arabia (KSA) Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Kingdom of Saudi Arabia (KSA) Bicycle Market by Design
- Folding
- Regular
- Kingdom of Saudi Arabia (KSA) Bicycle Market by Technology
- Electric
- Conventional
- Kingdom of Saudi Arabia (KSA) Bicycle Market by End-user
- Men
- Women
- Kids
- Kingdom of Saudi Arabia (KSA) Bicycle Market by Distribution Channel
- Online
- Offline
- Kingdom of Saudi Arabia (KSA) Bicycle Market by Product
- UAE
- UAE Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- UAE Bicycle Market by Design
- Folding
- Regular
- UAE Bicycle Market by Technology
- Electric
- Conventional
- UAE Bicycle Market by End-user
- Men
- Women
- Kids
- UAE Bicycle Market by Distribution Channel
- Online
- Offline
- UAE Bicycle Market by Product
- South Africa
- South Africa Bicycle Market by Product
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- South Africa Bicycle Market by Design
- Folding
- Regular
- South Africa Bicycle Market by Technology
- Electric
- Conventional
- South Africa Bicycle Market by End-user
- Men
- Women
- Kids
- South Africa Bicycle Market by Distribution Channel
- Online
- Offline
- South Africa Bicycle Market by Product
- Middle East & Africa Bicycle Market by Product
- North America
Bicycle Market Dynamics
Driver: Adoption Of Healthy Lifestyle Coupled With Favourable Government Initiatives
Individuals all around the world have begun to understand how important it is to have an active and healthy lifestyle to stay in shape. Running, cycling, working out at the gym, and other physical activities are among the many everyday physical activities people participate in as part of an active lifestyle. Since individuals discovered that frequent cycling is an easy way to stay physically fit, the number of people riding bicycles has skyrocketed. Osteoporosis, heart disease, bone-related problems, and other conditions may become less likely as a result. Bicycles are predicted to become more and more popular as a regular method of exercise as more and more people turn to cycling. Bike use is becoming more popular as a quicker everyday transportation option in addition to fitness uses. Road bicycles are becoming more and more in demand as individuals all around the world choose to utilize bicycles as an alternate mode of transportation to escape traffic. The increased preference for biking as a form of recreation is also projected to boost the expansion. It is also anticipated that in the next years, bicycle adoption rates will increase as a result of government campaigns to raise awareness of the advantages of riding combined with incentive programs.
Driver: Increasing Participation In Cycling Sports And Events Which Are Organized Across The Globe
Several cycling events are being planned worldwide to raise awareness of the advantages of riding a bicycle. Consequently, there is an increase in the use of bicycles for recreational and healthful purposes in daily life. In addition to all the activities, there is a massive global increase in the involvement in different bicycle sports. A well-known bicycle sport across the globe is cyclocross. This kind of cycling competition takes place over a brief circuit including grass, concrete, hills, forests, and many of obstacles. Road bikes or mountain bikes made to survive the rugged terrain are needed for these kinds of activities. Lightweight and safer sport bicycles were made possible by technological advancements in bicycle design by the manufacturer. Many of these activities are now practiced all over the world because to the increased safety and overall performance of cyclocross bicycles.
Restraint: Decreasing Sales Of Children’s Bicycles Followed By Tariff-Related Price Increases
Children between the ages of 6 and 17 make up the single greatest age demographic of all bikers Since they ride bicycles more frequently than any other age group. However, the number of kids who regularly rode bikes in the United States dropped by more than a million between 2014 and 2018, according to the Sports & Fitness Industry Association (SFIA). Since children's bicycles are becoming less popular in the United States, the country that leads the world in bicycle sales, the bicycle industry is predicted to suffer. The main cause of this decline in demand is the way children are living their lives since they are spending more and more time on television, phones, and video games. Additionally, according to a GVR study, the global unit sales of children's bicycles fell by more than 5% between 2018 and 2019. Many merchants have consequently raised their pricing to offset the decline in customer demand.
What Does This Report Include?
This section will provide insights into the contents included in this bicycle market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Bicycle market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Bicycle market quantitative analysis
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Market size, estimates, and forecast from 2017 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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