Global Bicycle Accessories Market Size & Outlook

The bicycle accessories industry worldwide is expected to reach a projected revenue of US$ 20,498.7 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide bicycle accessories industry from 2024 to 2030.
Revenue, 2023 (US$M)
$12,147.5
Forecast, 2030 (US$M)
$20,498.7
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide

Global bicycle accessories market highlights

  • The global bicycle accessories market generated a revenue of USD 12,147.5 million in 2023 and is expected to reach USD 20,498.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
  • In terms of segment, oem accounted for a revenue of USD 6,969.0 million in 2023.
  • Aftermarket is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 12,147.5 million
Market revenue in 2030USD 20,498.7 million
Growth rate7.8% (CAGR from 2023 to 2030)
Largest segmentOem
Fastest growing segmentAftermarket
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOEM, Aftermarket

Other key industry trends

  • In terms of revenue, the North America accounted for 19.5% of the global bicycle accessories market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 283.9 million by 2030.

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Bicycle Accessories Market Companies

Name Profile # Employees HQ Website

Global bicycle accessories market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle accessories market will help companies and investors design strategic landscapes.


Oem was the largest segment with a revenue share of 57.37% in 2023. Horizon Databook has segmented the Global bicycle accessories market based on oem, aftermarket covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Bicycle Accessories Type Outlook (Revenue, USD Million, 2018-2030)
    • OEM
    • Aftermarket
  • Global Bicycle Accessories Product Outlook (Revenue, USD Million, 2018-2030)
    • Mountain Bikes
    • Hybrid Bikes
    • Road Bikes
    • Cargo Bikes
    • Others
    • Apparels
    • Components
  • Global Bicycle Accessories Components Outlook (Revenue, USD Million, 2018-2030)
    • Saddles
    • Pedals
    • Lighting System
    • Mirrors
    • Water Bottle Cages
    • Lock
    • Bar Ends/Grips
    • Kickstands
    • Fenders & Mud Flaps
    • Air Pumps & Tyre Pressure Gauge
    • Others
  • Global Bicycle Accessories Apparels Outlook (Revenue, USD Million, 2018-2030)
    • Cycling Gloves
    • Cycling Clothes
    • Cycling Shoes
    • Protective Gears
    • Others
  • Global Bicycle Accessories Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Online
    • Offline
  • Global Bicycle Accessories Bicycle Type Outlook (Revenue, USD Million, 2018-2030)
    • Mountain Bikes
    • Hybrid Bikes
    • Road Bikes
    • Cargo Bikes
    • Others

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Target buyers of Global bicycle accessories market databook

  • Our clientele includes a mix of bicycle accessories market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global bicycle accessories market , including forecasts for subscribers. This global databook contains high-level insights into Global bicycle accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global bicycle accessories market size, by regions, 2018-2030 (US$M)

Top 10 countries: Bicycle accessories market size, 2023 (US$M)

Global bicycle accessories market share, by type, 2023 & 2030 (%, US$M)

Bicycle accessories market: Opportunity assessment by country

Global bicycle accessories market, by region, 2023 (US$M)

Global bicycle accessories market size, by regions, 2018-2030 (US$M)

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