Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1390697
PUBLISHER: IMARC | PRODUCT CODE: 1390697
Bicycle Market Report by Type, Technology, Price, Distribution Channel, End User, and Region 2023-2028
PUBLISHED:
PAGES: 147 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Abstract
The global bicycle market size reached US$ 61.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 83.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.41% during 2022-2028.
A bicycle is a pedal-driven vehicle with two wheels, pedals, brakes, seat, carrier, drive chain, and handlebar. It helps the rider in decreasing stress levels and body fat levels, improving posture and coordination, strengthening bones, preventing and managing several diseases, and reducing anxiety and depression. Besides this, it also increases cardiovascular fitness, muscle strength, flexibility, and joint mobility. As a result, it acts as a widely preferred form of vehicle for traveling to nearby places.
Bicycle Market Trends:
A significant increase in the prevalence of chronic diseases has resulted in the growing adoption of bicycles around the world to ensure a healthy life. Apart from this, due to the growing traffic congestion and reducing the availability of parking space, especially in metropolitan cities, there is an increase in the overall sales of bicycles. Additionally, with the rising environmental concerns, governing agencies of various countries are undertaking numerous initiatives to minimize carbon emissions that are released from vehicles. As a result, they are focusing on improving the existing infrastructure to support bicycle commutation, which is contributing to the market growth. Furthermore, the growing trend of dockless bicycle-sharing systems that are embedded with global positioning systems (GPS) and can operate on a smartphone application is creating a favorable market outlook. Moreover, the introduction of electric bicycles that offer higher capacities and longer life despite their smaller size compared to their conventional counterparts is acting as another growth-inducing factor. Besides this, the rising cases of coronavirus disease (COVID-19) are positively influencing the sales of bicycles. This can be attributed to a considerable need to avoid public transportation to prevent the spread of the disease.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bicycle market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology, price, distribution channel and end user.
Breakup by Type:
Road Bicycle
Mountain Bicycle
Hybrid Bicycle
Others
Breakup by Technology:
Electric
Conventional
Breakup by Price:
Premium
Mid-Range
Low-Range
Breakup by Distribution Channel:
Online Stores
Offline Stores
Breakup by End User:
Men
Women
Kids
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accell Group N.V., Avon Cycles Ltd., Benno Bikes LLC, Cervelo (Pon Holdings B.V.), Dorel Industries Inc., Giant Manufacturing Co. Ltd., Kona Bicycle Company, Merida Industry Co. Ltd., Olympus Bikes, SCOTT Sports SA (Youngone Corporation), Specialized Bicycle Components Inc. and Trek Bicycle Corporation (Roth Distributing Co. Inc.).
Key Questions Answered in This Report:
- 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?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the 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 and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4518
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Bicycle Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Road Bicycle
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Mountain Bicycle
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Hybrid Bicycle
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Electric
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Conventional
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Price
- 8.1 Premium
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Mid-Range
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Low-Range
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Online Stores
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Offline Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by End User
- 10.1 Men
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Women
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Kids
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Accell Group N.V.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.2 Avon Cycles Ltd.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Benno Bikes LLC
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Cervelo (Pon Holdings B.V.)
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Dorel Industries Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 Giant Manufacturing Co. Ltd.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.7 Kona Bicycle Company
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Merida Industry Co. Ltd.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.9 Olympus Bikes
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 SCOTT Sports SA (Youngone Corporation)
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.11 Specialized Bicycle Components Inc.
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 Trek Bicycle Corporation (Roth Distributing Co. Inc.)
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.1 Accell Group N.V.
Product Code: SR112023A4518
List of Figures
- Figure 1: Global: Bicycle Market: Major Drivers and Challenges
- Figure 2: Global: Bicycle Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Bicycle Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Bicycle Market: Breakup by Type (in %), 2022
- Figure 5: Global: Bicycle Market: Breakup by Technology (in %), 2022
- Figure 6: Global: Bicycle Market: Breakup by Price (in %), 2022
- Figure 7: Global: Bicycle Market: Breakup by Distribution Channel (in %), 2022
- Figure 8: Global: Bicycle Market: Breakup by End User (in %), 2022
- Figure 9: Global: Bicycle Market: Breakup by Region (in %), 2022
- Figure 10: Global: Bicycle (Road Bicycle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Bicycle (Road Bicycle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Bicycle (Mountain Bicycle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Bicycle (Mountain Bicycle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Bicycle (Hybrid Bicycle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Bicycle (Hybrid Bicycle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Bicycle (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Bicycle (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Bicycle (Electric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Bicycle (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Bicycle (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Bicycle (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Bicycle (Premium) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Bicycle (Premium) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Bicycle (Mid-Range) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Bicycle (Mid-Range) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Bicycle (Low-Range) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Bicycle (Low-Range) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Bicycle (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Bicycle (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Bicycle (Offline Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Bicycle (Offline Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Bicycle (Men) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Bicycle (Men) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Bicycle (Women) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Bicycle (Women) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Bicycle (Kids) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Bicycle (Kids) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia-Pacific: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia-Pacific: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Bicycle Market: Breakup by Country (in %), 2022
- Figure 86: Middle East and Africa: Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Global: Bicycle Industry: SWOT Analysis
- Figure 88: Global: Bicycle Industry: Value Chain Analysis
- Figure 89: Global: Bicycle Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Bicycle Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Bicycle Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Bicycle Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 4: Global: Bicycle Market Forecast: Breakup by Price (in Million US$), 2023-2028
- Table 5: Global: Bicycle Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 6: Global: Bicycle Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 7: Global: Bicycle Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Bicycle Market: Competitive Structure
- Table 9: Global: Bicycle Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.