Global Bicycle Accessories Market Size & Outlook
Global bicycle accessories market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 12,147.5 million |
| Market revenue in 2030 | USD 20,498.7 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Oem |
| Fastest growing segment | Aftermarket |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM, 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bicycle Accessories Market Scope
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
Reasons to subscribe to Global bicycle accessories market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.
Partial client list
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)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,784.1 | 1,883.1 | 1,990.3 | 2,105.1 | 2,230.1 | 2,367.8 | 2,520.2 | 2,689.8 | 2,880.6 | 3,097.0 | 3,345.2 | 3,632.5 | 3,967.8 | 7.7% |
| Europe | 2,543.2 | 2,694.8 | 2,859.3 | 3,036.2 | 3,229.0 | 3,441.8 | 3,677.5 | 3,940.5 | 4,236.4 | 4,572.5 | 4,958.1 | 5,405.0 | 5,926.9 | 8.1% |
| Asia Pacific | 3,128.9 | 3,311.0 | 3,508.6 | 3,720.7 | 3,951.9 | 4,206.8 | 4,489.1 | 4,803.9 | 5,158.0 | 5,559.9 | 6,021.0 | 6,555.2 | 7,178.9 | 7.9% |
| Latin America | 1,053.9 | 1,110.7 | 1,172.2 | 1,237.9 | 1,309.5 | 1,388.3 | 1,475.3 | 1,572.3 | 1,681.3 | 1,804.9 | 1,946.6 | 2,110.6 | 2,302.0 | 7.5% |
| MEA | 597.3 | 622.6 | 649.7 | 678.3 | 709.1 | 742.8 | 779.8 | 820.7 | 866.4 | 917.9 | 976.7 | 1,044.5 | 1,123.2 | 6.1% |
| Overall | 9,107.3 | 9,622.2 | 10,180.0 | 10,778.2 | 11,429.7 | 12,147.5 | 12,941.9 | 13,827.1 | 14,822.7 | 15,952.2 | 17,247.5 | 18,747.7 | 20,498.7 | 7.8% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
