South Africa Bicycle Accessories Market Size & Outlook

The bicycle accessories market in South Africa is expected to reach a projected revenue of US$ 311.0 million by 2030. A compound annual growth rate of 6.6% is expected of South Africa bicycle accessories market from 2024 to 2030.
Revenue, 2023 (US$M)
$199.2
Forecast, 2030 (US$M)
$311.0
CAGR, 2024 - 2030
6.6%
Report Coverage
South Africa

South Africa bicycle accessories market highlights

  • The South Africa bicycle accessories market generated a revenue of USD 199.2 million in 2023 and is expected to reach USD 311.0 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
  • In terms of segment, oem was the largest revenue generating type in 2023.
  • Aftermarket is the most lucrative type segment registering the fastest growth during the forecast period.

Bicycle accessories market data book summary

Market revenue in 2023USD 199.2 million
Market revenue in 2030USD 311.0 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentOem
Fastest growing segmentAftermarket
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOEM, Aftermarket
Key market players worldwideAccell, Avon Protection PLC, Garmin Ltd, Giant Manufacturing Co Ltd, Specialized Bicycle Components, Trek Resources Inc, Dynatrace Inc Ordinary Shares, Eastman Chemical Co, MERIDA BIKES, Endura, Campagnolo, Lezyne

Other key industry trends

  • In terms of revenue, South Africa accounted for 1.6% of the global bicycle accessories market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, UAE bicycle accessories market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 311.0 million by 2030.

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Bicycle Accessories Market Companies

Name Profile # Employees HQ Website

South Africa 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 56.93% in 2023. Horizon Databook has segmented the South Africa bicycle accessories market based on oem, aftermarket covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Africa Bicycle Accessories Type Outlook (Revenue, USD Million, 2018-2030)
    • OEM
    • Aftermarket
  • South Africa Bicycle Accessories Product Outlook (Revenue, USD Million, 2018-2030)
    • Mountain Bikes
    • Hybrid Bikes
    • Road Bikes
    • Cargo Bikes
    • Others
    • Apparels
    • Components
  • South Africa 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
  • South Africa Bicycle Accessories Apparels Outlook (Revenue, USD Million, 2018-2030)
    • Cycling Gloves
    • Cycling Clothes
    • Cycling Shoes
    • Protective Gears
    • Others
  • South Africa Bicycle Accessories Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Online
    • Offline
  • South Africa 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 South Africa 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 country-level data and insights on the South Africa bicycle accessories market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bicycle accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa bicycle accessories market size, by type, 2018-2030 (US$M)

South Africa Bicycle Accessories Market Outlook Share, 2023 & 2030 (US$M)

South Africa bicycle accessories market size, by type, 2018-2030 (US$M)

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