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BICYCLE MARKET ANALYSIS

Bicycle Market, By Product Type (Sports, Road, Mountain, and Hybrid(Sports+ Mountain)), By Technology (Electric and Conventional), By End-User (Men, Women and Kids), By Prices (Premium, Mid-Range and Low Range), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Bicycle MarketSize and Trends

The global bicycle market was valued for US$ 62.4 Bn in 2022, is expected to exhibit a CAGR of 9.2% during the forecast period.

Figure 1: Global Bicycle Market Share (%), By Region, 2022

Figure 2: Global Bicycle Market (US$ Bn) Analysis and Forecast, By Product Type, 2022

Global Bicycle Market- Segmentation

  • The global bicycle market was valued at US$ 62.4 Bn in 2022, and is expected to reach US$ 123.81 Bn by 2030, exhibiting a CAGR of 9.2% between 2023 and 2030.

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