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Global Bicycle Market Overview 2026

  • ID: 5232289
  • Report
  • December 2020
  • Region: Global
  • 170 Pages
  • Bonafide Research


  • Accell Group
  • Atlas Cycles Limited
  • Bridgestone
  • Cervélo Cycles
  • Derby Cycle
  • Giant Bicycles
Global Bicycle Market Overview, 2020-25 is segmented by Type (Road Bicycle, Mountain Bicycle, Hybrid Bicycle, E-Bicycle, and Others); by Demographic (Men, Women, and Kids), and by Geographic Region. The global bicycle market was recorded at a value of USD 43.95 Billion in the year 2015, which is projected to grow at a CAGR of over 2% during the forecast period of 2020 - 2025. Drivers of the bicycle market are buyers shifting preference toward cycling as a sport, leisure, and cardio activity.

The Middle East & Africa region which is expected to have the highest share contribution by the hybrid bicycles in the forecasted period. Asia-Pacific is the largest and also the fastest-growing region in the global bicycle market. China, Japan, Australia, India, and South Korea are some of the top contributing countries in the region. Moreover, these countries have started hosting numerous cycling tournaments, which, in turn, will increase the popularity and demand for sports bicycles. In addition, there’s a rise in women’s participation rate and government initiatives that are likely to boost the demand for bicycles in the region. Owing to such increased demand, bicycle companies in the market are launching innovative bicycles and accessories, which will lead to significant market growth during the forecast period.

While the mountain bikes dominate the market by value, the road bikes dominate by volume. Even though the mountain bikes have a considerable fan globally, the price of the segment is higher than the road bikes, and the demand is limited to the professional and adventure riders. Thus, the mountain bikes are being recorded to hold a share of over 25% by value and less than 25% of the market by volume.

Up until recently, the independent dealer was heavily relied upon and nearly the sole source of distribution. However, things have changed, and it starts with looking at modern consumer behaviour, as online shoppers are increasingly becoming more comfortable buying bicycles over the internet. Many manufacturers are taking advantage of this trend by finding alternative sales channels and innovative delivery models to have closer relationships with the end consumer. With the likes of Trek, Giant, and Specialized even seeking to open up specialized stores and online modes to allow direct buying. However the retail shop segment holds the dominance in the market

The leading manufacturers such as Accell Group, Trek Bicycle Corporation, Dorel Industries Inc., and Giant Manufacturing Co. Ltd., in the market, are focusing on leveraging opportunities posed by the emerging markets like Thailand and India, and also to expand their revenue base all over the global market. Companies are using digital and social media advertisements to make consumers aware of the new product launches in the market.

Companies Mentioned:

Abici, A-Bike, Accell Group, Amer Sports, Atlas Cycles Limited, Avon Cycles Limited, Bridgestone, Caloi, Camplagnolo, Cannondale, Cervélo Cycles, Cube Cycles, Curtlo, Derby Cycle, Dorel Industries Inc., Firefox Bikes Private Limited, Fuji-ta, Giant Bicycles, Hero Cycles Limited, Maxcom Ltd., Merida Bikes International, Orbea, Santa Cruz Bicycle, Scott Sports, Specialized Bicycle Components, Inc, STRiDA, XDS Shenzhen Xidesheng Bicycles Co

  • Geography: Global
  • Base year: 2019-20
  • Historical year: 2014-15
  • Forecasted year: 2025-26

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. Also, the market is studied in detail with respect to the different types of the excavators and its purposes regionally.

  • Market Size By Value for the time period (2015-2026F)
  • Market Size By Volume for the time period (2020-2025)
  • Market Share by Type of Bicycle (2020 & 2026F)
  • Market Share by Demography (2020 & 2026F)
  • Market Share by Sales Channel (2020 & 2026F)
  • Market Share by Region (2020 & 2026F)
  • Market Share by Country (2020 & 2026F)
  • Market Share by Company (2020)

The report answers questions such as:
1. What is the market size and forecast of the Global Bicycle Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Bicycle Market during the forecast period?
3. Which region outstands in the Global Bicycle Market?
4. Which are the segments to invest in over the forecast period in the Global Bicycle Market?
5. What is the competitive strategic window for opportunities in the Global Bicycle Market?
6. What are the technology trends and regulatory frameworks in the Global Bicycle Market?
7. What are the major company in the Global Bicycle Market?
Note: Product cover images may vary from those shown


  • Accell Group
  • Atlas Cycles Limited
  • Bridgestone
  • Cervélo Cycles
  • Derby Cycle
  • Giant Bicycles
1 Executive Summary

2 Report Methodology

3 Global Bicycle Market Outlook
3.1 Market Size
3.1.1 By Value
3.1.2 By Volume
3.2 Market Share
3.2.1 By Bicycle Type
3.2.2 By Demography
3.2.3 By Sales Channel
3.2.4 By Region
3.2.5 By Country
3.2.6 By Company
3.3 Global Road Bicycle Market Outlook
3.3.1 Market Size By Value
3.3.2 Market Size By Volume
3.4 Global Mountain Bicycle Market Outlook
3.4.1 Market Size By Value
3.4.2 Market Size By Volume
3.5 Global Hybrid Bicycle Outlook
3.5.1 Market Size By Value
3.5.2 Market Size By Volume
3.6 Global Electric Bicycle Outlook
3.6.1 Market Size By Value
3.6.2 Market Size By Volume
3.7 Global Other Bicycle Outlook
3.7.1 Market Size By Value
3.7.2 Market Size By Volume

4 North America Bicycle Market Outlook
4.1 Market Size
4.1.1 By Value
4.1.2 By Volume
4.2 Market Share
4.2.1 By Bicycle Type
4.2.2 By Demography
4.2.3 By Country
4.3 North America Bicycle Market Outlook
4.3.1 Market Size by Value
4.3.2 1.4.2 Market Size By Volume
4.4 US Bicycle Market Outlook
4.5 Canada Bicycle Market Outlook
4.6 Mexico Bicycle Market Outlook

5 Europe Bicycle Market Outlook
5.1 Market Size
5.1.1 By Value
5.1.2 By Volume
5.2 Market Share
5.2.1 By Bicycle Type
5.2.2 By Demography
5.2.3 By Country
5.3 Europe Bicycle Market Outlook - By Type
5.3.1 Market Size By Value
5.3.2 Market Size By Volume
5.4 Germany Bicycle Market Outlook
5.5 UK Bicycle Market Outlook
5.6 France Bicycle Market Outlook
5.7 Italy Bicycle Market Outlook
5.8 Spain Bicycle Market Outlook

6 Asia Pacific Bicycle Market Outlook
6.1 Market Size
6.1.1 By Value
6.1.2 By Volume
6.2 Market Share
6.2.1 By Bicycle Type
6.2.2 By Demography
6.2.3 By Country
6.3 Asia Pacific Bicycle Market Outlook By Type
6.3.1 Market Size By Value
6.3.2 Market Size By Volume
6.4 China Bicycle Market Outlook
6.5 Japan Bicycle Market Outlook
6.6 India Bicycle Market Outlook
6.7 Australia Bicycle Market Outlook

7 Latin America Bicycle Market Outlook
7.1 Market Size
7.1.1 By Value
7.1.2 By Volume
7.2 Market Share
7.2.1 By Bicycle Type
7.2.2 By Demography
7.2.3 By Country
7.3 Latin America Bicycle Market Outlook - By Type
7.3.1 Market Size By Value
7.3.2 Market Size By Volume
7.4 Brazil Bicycle Market Outlook
7.5 Argentina Bicycle Market Outlook
7.6 Columbia Bicycle Market Outlook

8 Middle East & Africa Bicycle Market Outlook
8.1 Market Size
8.1.1 By Value
8.1.2 By Volume
8.2 Market Share
8.2.1 By Bicycle Type
8.2.2 By Demography
8.2.3 By Country
8.3 Middle East & Africa Bicycle Market Outlook - By Type
8.3.1 Market Size By Value
8.3.2 Market Size By Volume
8.4 UAE Bicycle Market Outlook
8.5 Saudi Arabia Bicycle Market Outlook
8.6 Qatar Bicycle Market Outlook
8.7 South Africa Bicycle Market Outlook

9 Market Dynamics
9.1 Key Drivers
9.2 Key Challenges

10 Market Trends & Developments
10.1 Dock Less Bicycle Sharing System
10.2 Indoor Cycling Software
10.3 Cycle to Work scheme
10.4 Cargo Bikes & Family Bicycles
10.5 Customized Bicycles
10.6 Digital Wearable Devices and Accessories
10.7 Electric Bicycle Anti-Theft Insurance And Road Rescue

11 Competitive Landscape
11.1 Company Profiles
11.1.1 Accell Group
11.1.2 Amer Sports
11.1.3 Atlas Cycles Limited
11.1.4 Avon Cycles Limited
11.1.5 Bridgestone Cycle
11.1.6 Cannondale
11.1.7 Cervelo Cycles
11.1.8 Cube Cycles
11.1.9 Derby Cycle
11.1.10 Dorel Industries Inc.
11.1.11 Giant Bicycles
11.1.12 Hero Cycles Limited
11.1.13 Maxcom Limited
11.1.14 Merida Bikes International
11.1.15 Scott Sports
11.1.16 Specialized Bicycle Components, Inc.

12 Strategic Recommendation

13 Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Accell Group
  • Amer Sports
  • Atlas Cycles Limited
  • Avon Cycles Limited
  • Bridgestone
  • Cannondale
  • Cervélo Cycles
  • Cube Cycles
  • Derby Cycle
  • Dorel Industries Inc.
  • Giant Bicycles
  • Hero Cycles Limited
  • Maxcom Ltd.
  • Merida Bikes International
  • Santa Cruz Bicycle
  • Scott Sports
  • Specialized Bicycle Components, Inc
Note: Product cover images may vary from those shown