Global Bicycle Market Size & Outlook, 2026-2033
The global bicycle market size was estimated at USD 84,250.7 million in 2025 and is projected to reach USD 180,530.0 million by 2033, growing at a CAGR of 10.1% from 2026 to 2033.
Revenue, 2025 (US$M)
$84,250.7
Forecast, 2033 (US$M)
$180,530.0
CAGR, 2026 - 2033
10.1%
Report Coverage
Worldwide
Global bicycle market, 2021-2033 (US$M)
Related Markets
Global bicycle market highlights
- The global bicycle market generated a revenue of USD 84,250.7 million in 2025 and is expected to reach USD 180,530.0 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 10.1% by 2033.
- In terms of segment, road bikes accounted for a revenue of USD 38,387.5 million in 2025.
- Cargo Bikes is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
- Country-wise, India is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 84,250.7 million |
| Market revenue in 2033 | USD 180,530.0 million |
| Growth rate | 10.1% (CAGR from 2026 to 2033) |
| Largest segment | Road bikes |
| Fastest growing segment | Cargo Bikes |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
Other key industry trends
- In terms of revenue, the North America accounted for 22.7% of the global bicycle market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 11,310.8 million by 2033.
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Bicycle Market Scope
Bicycle market segmentation & scope
Bicycle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Garri Logistics | View profile | 11-50 | Addis Ababa, Adis Abeba, Ethiopia, Africa | https://garrilogistics.com |
| E-BIKE | View profile | 1-10 | Wuxi Shi, Jiangsu, China, Asia | http://www.e-biker.cn |
| Mammoth eBike | View profile | 1-10 | Kharkiv, Sums'ka Oblast', Ukraine, Europe | http://mammothebike.com |
| Hagen & Co | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.hagenco.com/ |
| Dorel Industries | View profile | 10001+ | Westmount, Quebec, Canada, North America | http://www.dorel.com/eng/ |
| Avon | View profile | 10001+ | New York, New York, United States, North America | https://www.youravon.com |
| Orbea S. Coop | View profile | 251-500 | Bilbao, Pais Vasco, Spain, Europe | https://www.orbea.com |
| Trek Bicycle | View profile | 1001-5000 | Waterloo, Wisconsin, United States, North America | https://www.trekbikes.com/ |
| Scotts | View profile | 101-250 | Wiltshire, Mississippi, United States, North America | https://www.scottsandco.com |
| Axalko | View profile | - | https://axalko.com/ | |
| Beistegui Hermanos | View profile | 11-50 | Vitória, Piaui, Brazil, South America | https://www.bhbikes.com |
| Cervelo Cycles | View profile | 51-100 | Toronto, Ontario, Canada, North America | http://www.cervelo.com/en/ |
| Atlas Cycles | View profile | 251-500 | Sonipat, Haryana, India, Asia | http://atlasbicycles.com/ |
| Specialized Bicycle Components | View profile | 501-1000 | Morgan Hill, California, United States, North America | http://specialized.com |
| MERIDA BIKES | View profile | 1-10 | Yüanlin, T'ai-wan, Taiwan, Asia | https://www.merida-bikes.com/ |
| Giant Bicycle | View profile | 1001-5000 | Taiwan, Jiangsu, China, Asia | http://giant-bicycles.com |
| Accell | View profile | 11-50 | Warrenton, Virginia, United States, North America | https://accellclinical.com/ |
Global bicycle market size, by regions, 2021-2033 (US$M)
Top 10 countries: Bicycle market size, 2025 (US$M)
Global bicycle market share, by technology, 2025 & 2033 (%, US$M)
Bicycle market: Opportunity assessment by country
Global bicycle market, by region, 2025 (US$M)
Related statistics
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