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Latin America Bicycle Market Outlook, 2026

  • ID: 5232296
  • Report
  • December 2020
  • Region: Latin America
  • 100 Pages
  • Bonafide Research


  • Accell Group
  • Caloi
  • Cervélo Cycles
  • Curtlo
  • Derby Cycle
  • Dorel Industries Inc.
From Bogota to Ushuaia or from Ushuaia to Quito, both are iconic bicycle touring routes and every year there are many cyclists undertaking adventure. Latin America is twice the size of Europe, it is anything but flat, there are many unpaved roads, and the weather has a big influence. According to the report titled 'Latin America Bicycle Market Outlook, 2026' , the market is likely to grow with a CAGR of over 3% in volume terms during the forecasted period.

From hundreds of kilometres of bike lanes, loans to purchase bikes and even innovative bike-share systems, and several cities in the country are following this trend, allowing the market to reach USD 2.74 Billion in the year 2015. People living in the region are demanding urban planners to re-design streets to ensure a more equitable prioritizing the allocation of streets for cycle. The demand of social distancing is forcing cities across Latin America and the world to rethink public life. That includes a reconsideration of mass transit, with a number of public sector initiatives encouraging biking as a safer alternative.

While the mountain bikes dominate the market by value, the road bikes dominate by volume. The mountain bikes held a share of less than 40% by value, while the road bikes, majorly preferred for the daily commute, lead the market in volume in the same kind.

Bicycles are making an impact in cities of the region. Latin America already has 12 cities that have a network of more than 12,000 public bicycles. However, the scenario varies considerably. While cities such as Bogota and Rio de Janeiro are breaking records in terms of kilometers of bike lanes, most central countries have no institutionalized networks. The region is dominated by Brazil market, which holds the share of nearly 40% by value. The smaller regions also contribute significantly to the market, provided their financial status and the road quality being in favour of the cycle industry. These regions together are expected to contributed to 27.91% by volume by 2026.

In 2018, approximately 325.6 million women lived in this region, around 50.77 percent of the total population. Yet to this, the contribution from the women cycle segment in terms of volume remained the least over the period. However, the market is expected to show a marginal rise in the share by the forecasted period, with incline of 0.40% in value share. The idea of company bike leasing is becoming increasingly popular in Latin America. Bike sharing solutions are successfully adapting success stories of developed countries to small Latin American countries.

Companies Mentioned:

Accell Group, Caloi, Cervélo Cycles, Curtlo, Derby Cycle, Dorel Industries Inc., Giant Bicycles, My Boo, Scott Sports,, Specialized Bicycle Components, Inc

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

  • Brazil
  • Argentina
  • Columbia

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)

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


  • Accell Group
  • Caloi
  • Cervélo Cycles
  • Curtlo
  • Derby Cycle
  • Dorel Industries Inc.
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 Latin 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 Latin America Road Bicycle Market Outlook
4.3.1 Market Size By Value
4.3.2 Market Size By Volume
4.4 Latin America Mountain Bicycle Market Outlook
4.4.1 Market Size By Value
4.4.2 Market Size By Volume
4.5 Latin America Hybrid Bicycle Outlook
4.5.1 Market Size By Value
4.5.2 Market Size By Volume
4.6 Latin America Electric Bicycle Outlook
4.6.1 Market Size By Value
4.6.2 Market Size By Volume
4.7 Latin America Other Bicycle Outlook
4.7.1 Market Size By Value
4.7.2 Market Size By Volume
4.8 Brazil Bicycle Market Outlook
4.8.1 Market Size
4.8.2 Market Share - By Bicycle Type
4.9 Argentina Bicycle Market Outlook
4.9.1 Market Size
4.9.2 Market Share - By Bicycle Type
4.10 Columbia Bicycle Market Outlook
4.10.1 Market Size
4.10.2 Market Share - By Bicycle Type

5 Market Dynamics
5.1 Key Drivers
5.2 Key Challenges

6 Market Trends & Developments
6.1 Dock Less Bicycle Sharing System
6.2 Cargo Bikes & Family Bicycles
6.3 Customized Bicycles
6.4 Electric Bicycle Anti-Theft Insurance And Road Rescue

7 Competitive Landscape
7.1 Porter's Five Forces
7.1.1 Accell Group
7.1.1 Caloi
7.1.1 Cervelo Cycles
7.1.2 Curtlo Cycles
7.1.3 Derby Cycle
7.1.4 Dorel Industries Inc.
7.1.5 Giant Bicycles
7.1.1 My Boo
7.1.2 Scott Sports
7.1.3 Specialized Bicycle Components, Inc.

8 Strategic Recommendation

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

A selection of companies mentioned in this report includes:

  • Accell Group
  • Caloi
  • Cervélo Cycles
  • Curtlo
  • Derby Cycle
  • Dorel Industries Inc.
  • Giant Bicycles
  • My Boo
  • Scott Sports
  • Specialized Bicycle Components, Inc
Note: Product cover images may vary from those shown