x
IMARC Group’s report titled “Bicycle Market Report by Type (Road Bicycle, Mountain Bicycle, Hybrid Bicycle, and Others), Technology (Electric, Conventional), Price (Premium, Mid-Range, Low-Range), Distribution Channel (Online Stores, Offline Stores), End User (Men, Women, Kids), and Region 2025-2033”, The global bicycle market size reached USD 67.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 102.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.48% during 2025-2033.
Grab a sample PDF of this report: https://www.imarcgroup.com/bicycle-market/requestsample
Factors Affecting the Growth of the Bicycle Industry:
More people are choosing bikes to help the planet. With climate change becoming a bigger issue, many want to travel in a way that’s better for the environment. Bikes are a clean and easy choice compared to cars, which cause pollution. Cities are adding bike lanes and parking, making it easier to bike. Governments are also encouraging biking to cut down pollution. This has led to more people using bikes, so demand is growing.
More people are biking to stay healthy. Cycling is a fun way to get exercise, and during the COVID-19 pandemic, many people started biking because it was safe and outdoors. It’s easy for anyone, no matter their age or fitness level. People are buying better bikes and gear, helping the market grow. Cycling groups and events are getting more people to make biking part of their daily routine.
New tech is making bikes cooler and more useful. Some bikes have GPS, fitness trackers, and other smart features. Electric bikes (e-bikes) are popular because they make biking easier, especially for longer rides or hills. Bikes are getting lighter and more comfortable. Features like lights and smart helmets make biking safer. As tech gets better, more people are choosing these advanced bikes.
We explore the factors propelling the bicycle market growth, including technological advancements, consumer behaviors, and regulatory changes.
Leading Companies Operating in the Global Bicycle Industry:
Bicycle Market Report Segmentation:
Breakup By Type:
Breakup By Technology:
Breakup By Price:
Breakup By Distribution Channel:
Breakup By End User:
Regional Insights:
Bicycle Market Trends:
The bicycle market is changing quickly as more people take up cycling. E-bikes are becoming a popular choice for commuting, and their use is expected to grow even more in 2024. These bikes make it easier to travel long distances while staying healthy. Riders also want bikes that fit their personal style and needs, leading to a rise in customizable options. Online shopping is making it easier for people to find and buy bikes, with many choices available at their fingertips. Social media is also playing a role, with cycling enthusiasts sharing their experiences and inspiring others. As these trends continue, the bicycle market is expected to grow and adapt to what consumers want in the future.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1–631–791–1145
