Search results
mobilityforesights.com
- The bicycle market is highly competitive, with many global and regional players. Major players in the market include Giant Manufacturing Co. Ltd, Accell Group, Trek Bicycle Corporation, Merida Industry Co. Ltd, and Pon Holdings BV.
www.mordorintelligence.com/industry-reports/bicycle-marketBicycle Market Size & Share Analysis - Industry Research ...
People also ask
Who are the biggest players in the bicycle industry?
Who are the key players in the cycling market?
Who makes the most bikes in the world?
Who is Giant Bikes?
Dec 8, 2023 · When it comes to the biggest players in the bicycle industry, there are a few names that stand out. These world-renowned brands have made a name for themselves by producing high-quality bikes that cater to different types of riders. In the world of cycling, brands like Trek, Giant, and Specialized are instantly recognizable.
Some key players operating in the bicycle market include Accell Group, Dorel Industries Inc., Avon Cycles Ltd., Giant Bicycles, Merida Industry Co., Ltd, SCOTT Sports SA, and Trek Bicycle Corporation.
- The global bicycle market size was estimated at USD 64.62 billion in 2022 and is expected to reach USD 135.02 billion in 2030. Read More
- The global bicycle market is expected to grow at a compound annual growth rate of 9.7% from 2022 to 2030 to reach USD 135.02 billion in 2030. Read...
- Asia Pacific dominated the bicycle market with a share of 33.9% in 2022. This is attributable to nations such as China, Japan, and Singapore, which...
- Key factors that are driving the bicycle market growth include increasing adoption of cycles as a form of leisure activity, and high preference for...
- Bicycle Industry Statistics 2023
- Bicycle Sales Statistics by Country
- Global Bicycle Industry Statistics
- Bicycle Market Sales Statistics
- How Many Bikes Are Sold Each Year?
- How Much Do Bikes Cost?
- What These Bicycle Industry Statistics Mean
Around the world, over 256 million bikes were sold in 2021. (Statista)The total global bicycle industry is worth $64.6 billion. (Grand View Research)China is the world’s biggest producer of bikes. In 2020 the country produced 116 million bikes. (Global Times)In the EU, Portugal manufactured the most bikes. 2.9 million in 2021 alone. (Eurostat)In 2020 3.1 million bicycles were sold in the UK. (Bicycle Association)On average, 15 to 20 million bicycles are sold each year in the US. (Statista)Germany is the biggest country for bike sales in the EU. The market value reached €6.56 billion in 2021. (Statista)Over 39 million bicycles were brought in India in 2022. (Statista)In the EU, 22 million bikes were purchased in 2019. (Statista)The largest market for bicycles is Asia-Pacific. Over 34% of total global sales in 2022 were conducted in the region. (Grand View Research)In the USA, cycling contributed over $3.28 billion to the economy. (Bureau of Economic Analysis)In 2020, the UK manufactured 180,000 bikes. (Bicycle Association)Shimano’s global revenue in 2021 topped out at 546¥ billion. (Statista)Giant, the largest manufacturer of bikes in the world, coined in $2.85 billion of revenue. (Bicycle Retailer)Accell, one of the largest bike manufacturers with a European headquarters sold 831,000 bikes in 2021. (Accell)China and Taiwan account for over half of all bike imports into the US. (Bicycle Retailer)Over 3 times as many bikes as cars were sold in 2021. (Statista)Around the world, 488 bikes were sold every minute in 2021. (Statista)Giant the world’s biggest bike manufacturer sells more than 6 million units every year. (Road.cc)Gazelle, one of Europe’s largest producers of bikes, produce and sell 300,000 bikes every year. (Gazelle)In 2020, the average price paid for a bike in the UK was £332. (Bicycle Association)The average price of an electric bike in the UK in 2020 was £1,854. (Bicycle Association)Over in Europe and its biggest market, the average price for a bike sold in 2021 was €1,395. (Statista)€1,564 was the average price of an electric bike purchased by the French population in 2017. (Observatoire du Cycle)That’s our top 50 bike industry statistics, but what do all these numbers mean? Read on to get our key takes from the data.
The bicycle market is highly competitive, with many global and regional players. Major players in the market include Giant Manufacturing Co. Ltd, Accell Group, Trek Bicycle Corporation, Merida Industry Co. Ltd, and Pon Holdings BV.
- The Bicycle Market size is expected to reach USD 56.16 billion in 2024 and grow at a CAGR of 4.20% to reach USD 69.00 billion by 2029. Read More
- In 2024, the Bicycle Market size is expected to reach USD 56.16 billion. Read More
- Trek Bicycle Corporation, Pon Holdings BV, Giant Manufacturing Co. Ltd., Accell Group N.V. and Merida Industry Co. Ltd are the major companies ope...
- Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More
- In 2024, the Asia-Pacific accounts for the largest market share in Bicycle Market. Read More
- In 2023, the Bicycle Market size was estimated at USD 53.90 billion. The report covers the Bicycle Market historical market size for years: 2019, 2...
Who are the key industry players, according to the report? The major players in the industry are Accell Group, Cycling Sports Group, LLC, Avon Cycles Limited, Giant Bicycles, Merida Industry Co., Ltd., SCOTT Sports SA, Trek Bicycle Corporation, Hero Cycles, Santa Cruz Bicycles, LLC, and Marin Mountain Bikes Inc., among others.
Jun 24, 2024 · Bicycle Market Size, Share & Industry Analysis, By Technology (Electric and Conventional), By Type (Mountain, Road, Hybrid, Cargo, and Others), By End User (Men, Women, and Kids), By Design (Folding and Regular), By Distribution Channel (Offline and Online), and Regional Forecast, 2024– 2032.
Who are the top players in the Bicycle Market and what is their total share? Giant Bicycles Inc., Dorel Industries Inc., Accell Group, Tube Investment of India Ltd., and Merida Industry Co. Ltd. and others are the leading market players which hold around 15 to 20% of the market share.
