PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1747291
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1747291
Cycle Tourism Market is estimated to be valued at USD 153.26 Bn in 2025 and is expected to reach USD 289.29 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 9.5% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 153.26 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 9.50% | 2032 Value Projection: | USD 289.29 Bn |
Cycling tourists are a highly important niche in the tourism industry. The literature should further examine and identify their characteristics, in order to develop new themes and research directions. Tour cyclists with changing accommodations are interested in exploring the surroundings of their destination by bicycle. They prefer to make a circular route and they often take a pick-up service.
Health and well-being, sustainable tourism, and economic benefits are anticipated to drive the growth of the global cycle tourism market over the forecast period. Moreover, urban infrastructure is also expected to boost the growth of the global cycle tourism market over the forecast period. Bike rental services, accommodation, guided cycling tours, and bike repair and maintenance shops are expected to create growth opportunities for the global cycle tourism market during the forecast period. The cycle tourism market is expected to grow significantly in the coming years, driven by various factors such as the introduction of sustainability policies, demand for low-impact holidays, emergence of e-cycles, and growing need for cycling as an exercise for maintaining physical health. The growing awareness about health and fitness is driving more people towards cycling as a form of exercise, which in turn is boosting the cycle tourism market. Cycling is an eco-friendly mode of transportation. As environmental concerns grow, more tourists are choosing cycling tours to reduce their carbon footprint. The cycle tourism market is moderately competitive, with the presence of major international players such as Backroads, Trek Travel, DuVine Cycling+ Adventure Co, Butterfield and Robinson, and others.
However, lack of infrastructure, safety concerns, seasonal dependency, and regulatory issues are expected to hamper the growth of the cycle tourism market over the forecast period.
Key features of the study