Saudi Arabia Bicycle Market Size & Outlook, 2023-2030
Saudi Arabia bicycle market, 2018-2030 (US$M)
Related Markets
Saudi Arabia bicycle market highlights
- The Saudi Arabia bicycle market generated a revenue of USD 1,576.8 million in 2023 and is expected to reach USD 2,242.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, road bikes was the largest revenue generating product in 2023.
- Cargo Bikes is the most lucrative product segment registering the fastest growth during the forecast period.
Bicycle market data book summary
| Market revenue in 2023 | USD 1,576.8 million |
| Market revenue in 2030 | USD 2,242.3 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Road bikes |
| Fastest growing segment | Cargo Bikes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
| Key market players worldwide | Accell, Avon Protection PLC, Dorel Industries Inc Shs -B- Subord.Voting, Giant Bicycle, MERIDA BIKES, Specialized Bicycle Components, The Scotts Miracle Gro Co Class A, Trek Resources Inc, Atlas Cycles, Cervelo Cycles, Beistegui Hermanos, Axalko, Mammoth Mountain Ski Area |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.3% of the global bicycle market in 2023.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia bicycle 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 1,307.3 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 Market Scope
Bicycle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia bicycle 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 market will help companies and investors design strategic landscapes.
Road bikes was the largest segment with a revenue share of 42.91% in 2023. Horizon Databook has segmented the Saudi Arabia bicycle market based on mountain bikes, hybrid bikes, road bikes, cargo bikes covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Bicycle Product Outlook (Revenue, USD Million, 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Apparels
- Components
- Saudi Arabia Bicycle Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Saudi Arabia Bicycle End Use Outlook (Revenue, USD Million, 2018-2030)
- Men
- Women
- Kids
- Saudi Arabia Bicycle Technology Outlook (Revenue, USD Million, 2018-2030)
- Electric
- Conventional
Reasons to subscribe to Saudi Arabia bicycle 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 Saudi Arabia bicycle market databook
-
Our clientele includes a mix of bicycle 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 Saudi Arabia bicycle market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia bicycle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia bicycle market size, by product, 2018-2030 (US$M)
Saudi Arabia Bicycle Market Outlook Share, 2023 & 2030 (US$M)
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
