As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

Global bicycle market is expected to grow at a steady CAGR during the forecast period. The growth in the market can be attributed to the increasing consumer awareness about leading a healthy lifestyle. Additionally, increasing inclination of people towards mountain biking and bicycling on tough roads has also led to the growth in the market. Another factor that can be held responsible for the market growth is the increasing government initiatives to promote bicycles for physical fitness and improving the state of the environment. Market growth is also driven by the upcoming biking series, which compel men and women to buy bicycles from the leading players of the world. For instance, Mercedez UCI Benz Mountain Bike World Cup is a part of Olympics, which is a mountain biking series having categories for elite men and women. However, refurbished bicycles are gradually taking over the standard bicycles and are likely to hamper the market growth in the forecast period.

The market of global bicycle can be segmented on the basis of product type, technology, price, end user, company and region. The end user segment is segregated into men, women and kids; out of these, men segment held the largest share in 2019. Major factor driving the market growth of the segment is that there is a high population of men over other end use segments.

Based on regional analysis, Asia-Pacific held the lion’s share of the market in the year 2019 and is also expected to grow at the highest CAGR in the forecast period. Factors responsible for the dominance of the region in the market is that the countries present in the region highly prefer bicycles over other vehicles as a means of transport. 81% and 51% of the population in Japan and Thailand respectively, owns at least one vehicle, but they stand second and third respectively on a global level in bicycle ownership. Moreover, based on Pew survey, around 65% of the population in China relies on bicycle and only 17% own a car. The country has 170 bike-sharing schemes, therefore, and tops the charts in the same.

Major players operating in the global bicycle market include Accell Group NV, Atlas Cycles Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, Trek Bicycle Corp, etc. The leading players adopt various organic and inorganic strategies like buy-ins, mergers, product innovation to maintain their position in the competitive global bicycle market.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global bicycle market from 2015 to 2018.
  • To estimate and forecast the market size of global bicycle market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global bicycle market based on product type, technology, price, end user, company and region.
  • To identify dominant region or segment in the global bicycle market.
  • To identify drivers and challenges for global bicycle market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global bicycle market.
  • To conduct pricing analysis for global bicycle market.
  • To identify and analyze the profile of leading players operating in global bicycle market.
  • To identify key sustainable strategies adopted by market players in global bicycle market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global bicycle market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Bicycle manufactures, suppliers, distributers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to bicycle
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global bicycle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Bicycle Market, By Product Type:
    • Mountain Bike
    • Hybrid/Commuter Bike
    • Road Bikes
    • Youth Bike
    • Touring Bikes
    • Electric Bikes
    • Others
  • Global Bicycle Market, By Technology:
    • Conventional
    • Electric
  • Global Bicycle Market, By Price:
    • Premium
    • Mid-Range
    • Low-Range
  • Global Bicycle Market, By End User:
    • Men
    • Women
    • Kids
  • Global Bicycle Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global bicycle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global bicycle market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Bicycle Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Bicycle Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Mountain Bike, Hybrid/Commuter Bike, Road Bikes, Youth Bike, Touring Bikes, Electric Bikes & Others)

6.2.2.     By Technology (Conventional, Electric)

6.2.3.     By Price (Premium, Mid-Range, Low-Range)

6.2.4.     By End User (Men, Women, Kids)

6.2.5.     By Company (2019)

6.2.6.     By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)

6.3.  Market Attractiveness Index

7.    Asia-Pacific Bicycle Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Technology

7.2.3.     By Price

7.2.4.     By End User

7.2.5.     By Country (China, India, Australia, Japan, South Korea)

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Bicycle Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Technology

7.3.1.2.3.             By Price

7.3.1.2.4.             By End User

7.3.2.     India Bicycle Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Technology

7.3.2.2.3.             By Price

7.3.2.2.4.             By End User

7.3.3.     Australia Bicycle Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Technology

7.3.3.2.3.             By Price

7.3.3.2.4.             By End User

7.3.4.     Japan Bicycle Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Technology

7.3.4.2.3.             By Price

7.3.4.2.4.             By End User

7.3.5.     South Korea Bicycle Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Technology

7.3.5.2.3.             By Price

7.3.5.2.4.             By End User

8.    Europe Bicycle Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Technology

8.2.3.     By Price

8.2.4.     By End User

8.2.5.     By Country (France, Germany, United Kingdom, Italy, Spain)

8.3.  Europe: Country Analysis

8.3.1.     France Bicycle Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By Technology

8.3.1.2.3.             By Price

8.3.1.2.4.             By End User

8.3.2.     Germany Bicycle Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By Technology

8.3.2.2.3.             By Price

8.3.2.2.4.             By End User

8.3.3.     United Kingdom Bicycle Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By Technology

8.3.3.2.3.             By Price

8.3.3.2.4.             By End User

8.3.4.     Italy Bicycle Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By Technology

8.3.4.2.3.             By Price

8.3.4.2.4.             By End User

8.3.5.     Spain Bicycle Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By Technology

8.3.5.2.3.             By Price

8.3.5.2.4.             By End User

9.    North America Bicycle Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Technology

9.2.3.     By Price

9.2.4.     By End User

9.2.5.     By Country (United States, Canada, Mexico)

9.3.  North America: Country Analysis

9.3.1.     United States Bicycle Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By Technology

9.3.1.2.3.             By Price

9.3.1.2.4.             By End User

9.3.2.     Canada Bicycle Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By Technology

9.3.2.2.3.             By Price

9.3.2.2.4.             By End User

9.3.3.     Mexico Bicycle Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By Technology

9.3.3.2.3.             By Price

9.3.3.2.4.             By End User

10.  South America Bicycle Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Technology

10.2.3.  By Price

10.2.4.  By End User

10.2.5.  By Country (Brazil, Colombia, Argentina)

10.3.              South America: Country Analysis

10.3.1.  Brazil Bicycle Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.           By Technology

10.3.1.2.3.           By Price

10.3.1.2.4.           By End User

10.3.1.2.5.            

10.3.2.  Colombia Bicycle Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Type

10.3.2.2.2.           By Technology

10.3.2.2.3.           By Price

10.3.2.2.4.           By End User

10.3.3.  Argentina Bicycle Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Type

10.3.3.2.2.           By Technology

10.3.3.2.3.           By Price

10.3.3.2.4.           By End User

11.  Middle East & Africa Bicycle Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By Technology

11.2.3.  By Price

11.2.4.  By End User

11.2.5.  By Country (Saudi Arabia, South Africa, UAE, Iran)

11.3.              MEA: Country Analysis

11.3.1.  Saudi Arabia Bicycle Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product Type

11.3.1.2.2.           By Technology

11.3.1.2.3.           By Price

11.3.1.2.4.           By End User

11.3.2.  South Africa Bicycle Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product Type

11.3.2.2.2.           By Technology

11.3.2.2.3.           By Price

11.3.2.2.4.           By End User

11.3.3.  UAE Bicycle Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product Type

11.3.3.2.2.           By Technology

11.3.3.2.3.           By Price

11.3.3.2.4.           By End User

11.3.4.  Iran Bicycle Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value & Volume

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Product Type

11.3.4.2.2.           By Technology

11.3.4.2.3.           By Price

11.3.4.2.4.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.