Bicycle Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global Bicycle Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Accord ing to  the la test  repor t  by  IMARC Group,  t i t led  " Bicycle Market:  
Global  Industry Trends,  Share,  S ize,  Growth,  Opportuni ty  and 
Forecast  2024-2032,"  the g lobal  b icyc le  market  s ize reached US$ 64.4 
Bi l l ion in  2023.
Report A b icyc le  is  an eco- f r iend ly  pedal -dr iven vehic le  w i th  two wheels ,  pedals ,  
seat ,  car r ier ,  brakes,  dr ive chain ,  and handlebar .  Regular  cyc l ing ass is ts  
Highlight and in  decreas ing s t ress and fa t  leve ls ,  s t rengthening bones,  re l iev ing 
symptoms of  depression,  and prevent ing  severa l  d iseases.  
Description Nowadays,  b icyc les are prefer red for  t rave l ing to  nearby p laces due to  the 
growing awareness among ind iv iduals  about  env i ronmenta l  concerns and 
to  ensure a heal thy  l i fes ty le .
Request  for  a  PDF sample of  th is  report :  
ht tps : / /www. imarcgroup.com/b icyc le-market / requestsample
Report Description
G l ob a l  B i cyc l e  M arke t  T re nds :
The  m ar ke t  i s  p r im ar i l y  d r i v en  b y  t he  r i s i n g  p r e va lenc e  o f  c h r on i c  d i s eases  due  t o  a  la ck  o f  phys i ca l  a c t i v i t i es .  I n  
add i t i o n ,  t he  i n c r eas ing  t r a f f i c  cong es t i o n  a nd  l e sse r  av a i l ab i l i t y  o f  pa r k ing  sp ac es ,  es pec ia l l y  i n  m e t r opo l i t an  c i t i e s ,  
have  l ed  t o  an  esca la t ed  de m and  f o r  b i c yc les .  Be s ides  t h i s ,  g ove r n m en t s  o f  num er o us  c oun t r i es  a r e  un de r t a k ing  v a r i o us  
i n i t i a t i ves  t o  m in im iz e  ca r b on  e m is s ions  r e leas ed  f r om  heavy  ve h i c les ,  t he r eby  s t r en g t he n ing  t he  m ar k e t  g r ow t h .  
M or e ove r ,  t he  em e r g ing  t r end  o f  doc k less  b i cyc le - sha r ing  sy s t e m s  em bedd ed  w i t h  g loba l  pos i t i on ing  sys t em s  ( G PS )  t ha t  
can  ope r a t e  on  a  sm ar t p hone  app l i c a t i on  i s  a l s o  c r e a t i ng  a  pos i t i ve  m ar k e t  o u t l ook  ac r oss  t h e  g lob e .  Fu r t h e r m o r e ,  w i t h  
t he  g lob a l  ou t b r eak  o f  co r o nav i r us  d i se ase  ( C O VI D- 19 )  p andem ic ,  i nd i v idua l s  a r e  bec om i ng  m or e  i nc l i ned  t owa r d  us in g  
b i cyc le s  f o r  sh o r t e r  d i s t ances  t o  avo id  pub l i c  t r an spo r t a t i o n  and  p r e ven t  t he  sp r e ad  o f  t he  d i se ase .
Look i ng  f o rw a rd ,  I M ARC  G ro up  ex pec t s  t he  m arke t  t o  exh i b i t  a  CA G R o f  4 . 7% du r i ng  t he  f o r ecas t  per i od  ( 2024 -
2032 ) .  
V i ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / b i cyc l e - ma rke t
Breakup by Type:
• Road Bicycle
• Mountain Bicycle
• Hybrid Bicycle
• Others
 
Breakup by Technology:
Report 
• Electr ic
Segmentation • Convent ional
Breakup by Price:
• Premium
• Mid-Range
• Low-Range
Breakup by Distribution Channel:
• Onl ine Stores
• Offl ine Stores
Breakup by End User:
• Men
Report • Women
• Kids
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Lat in America
• Middle East and Afr ica
• Accel l  Group N.V.
• Avon Cycles Ltd.
• Benno Bikes LLC,
• Cervélo (Pon Holdings B.V.)
Competitive • Dorel  Industr ies Inc.
Landscape • Giant Manufacturing Co. Ltd.
• Kona Bicycle Company
with Key 
• Merida Industry Co. Ltd.
Players • Olympus Bikes
• SCOTT Sports SA (Youngone Corporat ion)
• Special ized Bicycle Components Inc.
• Trek Bicycle Corporat ion (Roth Distr ibuting 
Co. Inc.)
How has the global bicycle market performed so far 
and how will it perform in the coming years?
What has been the impact of COVID-19 on the 
global bicycle market?
Key What are the key regional markets?
Questions What is the breakup of the market based on the 
type?
Answered in 
What is the breakup of the market based on the 
the Report technology?
What is the breakup of the market based on the 
price?
What is the breakup of the market based on the 
distribution channel?
What is the breakup of the market based on the 
end user?
What are the various stages in the value chain of 
the industry?
What are the key driving factors and challenges in 
the industry?
What is the structure of the global bicycle market 
Key and who are the key players?
Questions 
What is the degree of competition in the industry?
Answered in 
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  B i c y c l e  M a r k e t    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     R o a d  B i c y c l e
       6 . 1 . 1  M a r k e t  T r e n d s
       6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     M o u n t a i n  B i c y c l e
       6 . 2 . 1   M a r k e t  T r e n d s
       6 . 2 . 2   M a r k e t  F o r e c a s t
    6 . 3     H y b r i d  B i c y c l e
       6 . 3 . 1  M a r k e t  T r e n d s
       6 . 3 . 2  M a r k e t  F o r e c a s t
    6 . 4     O t h e r s
       6 . 4 . 1  M a r k e t  T r e n d s
       6 . 4 . 2  M a r k e t  F o r e c a s t
       
7   M a r k e t  B r e a k u p  b y  T e c h n o l o g y
    7 . 1    E l e c t r i c
       7 . 1 . 1  M a r k e t  T r e n d s
       7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2    C o n v e n t i o n a l
       7 . 2 . 1  M a r k e t  T r e n d s
       7 . 2 . 2  M a r k e t  F o r e c a s t
8   M a r k e t  B r e a k u p  b y  P r i c e
    8 . 1    P r e m i u m
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
Table of     8 . 2    M i d - R a n g e       8 . 2 . 1  M a r k e t  T r e n d s
       8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3    L o w - R a n g e
        8 . 3 . 1  M a r k e t  T r e n d s
Contents         8 . 2 . 2  M a r k e t  F o r e c a s t9   M a r k e t  B r e a k u p  b y  D i s t r i b u t i o n  C h a n n e l
    9 . 1    O n l i n e  S t o r e s
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     O f f l i n e  S t o r e s
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  E n d  U s e r
    1 0 . 1     M e n
       1 0 . 1 . 1  M a r k e t  T r e n d s
       1 0 . 1 . 2  M a r k e t  F o r e c a s t
 1 0 . 2     W o m e n
       1 0 . 2 . 1  M a r k e t  T r e n d s
       1 0 . 2 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  h t t p s : / / w w w. i m a r c g r o u p . c o m / b i c y c l e - m a r k e t / t o c
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