Global Bicycle Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 – (By Bike Category, By Bike Type, By Price, By End-use, By Geographic Coverage and By Company)
Published Date: Jul 2025 |
Format:
| No. of Pages: 193
The bicycle market size is valued at US$ 120.1 Bn in 2025.
The bicycle market is projected to grow at a CAGR of 4.9% by 2032, reaching US$ 168.2 Bn.
The bicycle market growth drivers include rising demand for eco-friendly transportation, increasing health and fitness trends, and technological advancements in e-bikes.
Asia Pacific is a dominating region for the bicycle market, accounting for over 55% share in 2025.
Key players in the global bicycle market include Trek Bicycle Corporation, Giant Manufacturing Co. Ltd., Accell Group N.V., Merida Industry Co. Ltd., and Pon Holdings BV.