자전거 시장 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Bicycle Market reached USD 66.1 billion in 2024 and is expected to grow at a CAGR of 7.8% from 2025 to 2034. Bicycles are gaining popularity as a practical solution to urban challenges such as traffic congestion, limited parking, and the constraints of public transport systems. In densely populated regions, bicycles provide a quick and efficient mode of transport where car usage is often impractical.

The growing emphasis on maintaining an active lifestyle, improving personal fitness, and promoting wellness has contributed to the surge in cycling as a preferred activity. Bicycling offers a low-impact, cardiovascular exercise that helps with heart health, muscle strengthening, and weight management. As more people seek accessible and enjoyable ways to stay fit, the demand for bicycles has grown, positioning cycling as a mainstream fitness option.

The bicycle market is divided into several product categories, including road bicycles, e-bikes, cargo bicycles, and mountain bicycles. In 2024, road bicycles dominated the market, holding 50% of the share. This segment is expected to USD 70 billion by 2034 as demand for lightweight, high-performance bicycles increases. Advances in materials like carbon fiber, combined with innovative aerodynamic features and wind tunnel testing, make road bicycles more appealing to both competitive cyclists and enthusiasts. Furthermore, the adoption of disc brakes over traditional rim brakes is growing, offering improved stopping power, better wet-weather performance, and enhanced safety.

Based on distribution, the bicycle market is split between offline and online sales channels. By 2034, the offline segment is projected to reach USD 90 billion, driven by the importance of physical stores. These establishments provide expert guidance, personalized service, and a wide selection of bicycles and accessories, making them a go-to for cycling enthusiasts and casual buyers. Large sporting goods retailers play a significant role, leveraging their extensive reach to offer a variety of bicycles and equipment. Additionally, manufacturers are expanding their offline presence by developing dealer networks and collaborating with local distributors to enhance their market reach.

The bicycle market in China accounts for a significant portion of global revenue. The demand for bicycles, particularly electric models, is driven by urban traffic issues, environmental concerns, and the need for affordable transportation. The government has implemented policies and incentives to encourage bicycle use, further boosting the market's growth in the region. As a result, electric bicycles are becoming increasingly popular in cities, where they offer an effective solution for short-distance travel and last-mile connectivity.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Key trends for market estimates
• 1.3 Forecast model
• 1.4 Primary research & validation
  • 1.4.1 Primary sources
  • 1.4.2 Data mining sources
• 1.5 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Supplier landscape
  • 3.2.1 Battery suppliers
  • 3.2.2 Bicycle manufacturers
  • 3.2.3 Service providers
  • 3.2.4 System integrators
  • 3.2.5 End users
• 3.3 Profit margin analysis
• 3.4 Cost breakdown analysis
  • 3.4.1 Battery costs
  • 3.4.2 BMS and sensor costs
  • 3.4.3 Assembly costs
  • 3.4.4 Labor costs
  • 3.4.5 R&D costs
  • 3.4.6 Others
• 3.5 Key news & initiatives
• 3.6 Regulatory landscape
• 3.7 Impact forces
  • 3.7.1 Growth drivers
    • 3.7.1.1 Growing urban congestion and traffic
    • 3.7.1.2 Increasing consumer awareness towards environmental sustainability
    • 3.7.1.3 The trend towards health and fitness activities
    • 3.7.1.4 Growth of bicycling as a popular leisure activity
  • 3.7.2 Industry pitfalls & challenges
    • 3.7.2.1 Rising bicycle manufacturing costs
    • 3.7.2.2 Range challenges for e-bikes
• 3.8 Growth potential analysis
• 3.9 Porter's analysis
• 3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2034 ($Bn, Units)

• 5.1 Key trends
• 5.2 Road bicycle
• 5.3 E-bikes
• 5.4 Cargo bicycle
• 5.5 Mountain bicycle

Chapter 6 Market Estimates & Forecast, By Distribution Channel, 2021 - 2034 ($Bn, Units)

• 6.1 Key trends
• 6.2 Online
• 6.3 Offline

Chapter 7 Market Estimates & Forecast, By End Use, 2021 - 2034 ($Bn, Units)

• 7.1 Key trends
• 7.2 Leisure & sports enthusiasts
• 7.3 Commuters

Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn, Units)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 UK
  • 8.3.2 Germany
  • 8.3.3 France
  • 8.3.4 Spain
  • 8.3.5 Italy
  • 8.3.6 Russia
  • 8.3.7 Nordics
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 ANZ
  • 8.4.6 Southeast Asia
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Argentina
• 8.6 MEA
  • 8.6.1 UAE
  • 8.6.2 South Africa
  • 8.6.3 Saudi Arabia

Chapter 9 Company Profiles

• 9.1 Accell Group
• 9.2 Avon Cycles Ltd
• 9.3 Benno Bikes LLC.
• 9.4 BH Bikes
• 9.5 BMC Switzerland
• 9.6 Brompton Bicycle Ltd
• 9.7 Colnago
• 9.8 Cube Bikes
• 9.9 Dorel Industries Inc.
• 9.10 Electra Bicycle Company
• 9.11 FOCUS BIKES GMBH
• 9.12 Fuji Bikes
• 9.13 Giant Bicycles
• 9.14 GT Bicycles
• 9.15 Marin Bikes
• 9.16 MERIDA BIKES
• 9.17 Neuron Mobility
• 9.18 Pedego Inc.
• 9.19 Polygon Bikes
• 9.20 Rad Power Bikes
• 9.21 Trek
• 9.22 Yulu Bikes