Global Vëlo Maart Gréisst gëtt erwaart ronn USD 53.66 Milliarden vun 2032 | CAGR 9.2%

In 2021;; der global bicycle market war opgewäert USD 53.66 Milliarden. vun 2023 ze maachen 2032, it is expected to expand at a 9.2% compound annual growth rate (CAGR).

The global closure of offline stores due to restrictions caused by the COVID-19 virus led to a drop in bicycle sales. There has been an increase in people trying to avoid public transport for fear of becoming sick. This has resulted in a rise in bicycle demand. Bicycles are also considered safe and reliable transportation, as consumers have become more conscious about their health.

The bicycle is an eco-friendly mode of transport. It has many models, including cargo, electric, and mountain bikes. Road Soldiers, Easy Rider Bike Club, and Go Out and Travel Somewhere are some of the most prominent bicycle groups. The Cycling Club’s primary purpose is to inspire clients’ interest in bicycle riding. They organize many sporting events, entertainment, and bike rallies to encourage people to get on their bikes. The popularity of bicycling is increasing in Europe and North America.

Wuesstem Nofro:

According to the World Health Organization (WHO), around 38 million children aged five and under were affected by obesity in 2019. An increasing number of obese children among younger people makes it imperative to live a healthy lifestyle. People worldwide are increasingly embracing exercise and walking to improve their health and fitness. Manufacturers are keen to develop sustainable products to meet the growing demand for eco-friendly bicycles. This will contribute to the growth of the global bicycle market in the coming years.

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Driving Faktoren:

Market growth in the Bicycle Market is driven by the increasing popularity of bicycling as an option for relaxation.

Begrenzungsfaktoren:

The availability of aftermarket transportation solutions will stymie market growth.

The market growth forecast is likely to be limited by the availability of alternative transport solutions like mnc_cycles, scooters, or other micro-mobility solutions with a more extended travel range than bikes. The market will also likely be affected by delayed deliveries due to the pandemic-induced shortage of semiconductor chips.

Maart Schlëssel Trends:

An Increase in the Number of Cycling Events

A growing user base for bicycles in trekking and other recreational activities will drive demand for sports and general bicycles.

Market growth is expected to be accelerated by the increasing popularity of celebrity endorsement and media coverage. Many European countries have governing bodies such as Cycling Ireland that promote road racing, touring, leisure cycling, track racing, and other off-road racing events. According to the Irish Sports Council (Ireland), investments made by Sport Ireland in Cycling Ireland have increased from EUR 289.1000 in 2015 to EUR 133.000 in 2019. This has encouraged consumers to take part in various cycling activities throughout Ireland. The event had two main goals: to raise awareness and encourage cycling in the city. This awareness campaign also helps to grow the market. The market grows because of international sporting events like the World Championships of Cycling.

Rezent Entwécklung:

  • Pon Bike bought the Dutch electric cargo bicycle manufacturer Urban Arrow in 2021. Urban Arrow operates in 20 countries currently, making it one of the fastest-growing producers of electric cargo bikes.
  • Trek Bicycle announced a partnership with Bike Exchange in 2020. This online marketplace is a place for bike and bicycle enthusiasts. This deal enabled North American Trek dealers the opportunity to sell and showcase Trek products online via BikeExchange.com.

Schlëssel Firmen:

  • Accell Group
  • Atlas Cycles (Haryana) Ltd.
  • Avon Cycles Ltd.
  • Cervelo
  • D'Kapitaliséierung vun der Dorel Industries Inc.
  • giant group
  • Merida Industry Co., Ltd.
  • Specialized Bicycle Components, Inc.
  • SCOTT Sports SA
  • Pedego inc.
  • Trek Velo Corporation
  • Aner Schlësselspiller

Segmentéierung:

Per Produkt

  • Mountainbikes
  • Hybrid Vëlo
  • Stroossebikes
  • Cargo Bikes
  • Aner Produkter

Vun Technologie

  • Elektresch
  • konventionell

Vum Endbenotzer

  • Men
  • Fraen
  • Kanner

Pa Distribution Channel

  • online
  • offline

Schlëssel Froen:

  • What is the Bicycle Market’s growth rate?
  • Who are the major players in the bicycle market?
  • Which region has the biggest market share in the bicycle industry?
  • What Are the Market Dynamics of the Bicycle Market? What Are Challenges and Opportunities?

Verbonnen Bericht:

Iwwer Market.us:

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Kontaktpersounen:

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WAT VUN DESEN ARTIKEL WEI HUELEN:

  • Market growth in the Bicycle Market is driven by the increasing popularity of bicycling as an option for relaxation.
  • The market growth forecast is likely to be limited by the availability of alternative transport solutions like mnc_cycles, scooters, or other micro-mobility solutions with a more extended travel range than bikes.
  • The global closure of offline stores due to restrictions caused by the COVID-19 virus led to a drop in bicycle sales.

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Iwwer den Auteur

Linda Hohnholz

Chefredakter fir eTurboNews baséiert am eTN HQ.

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