According to a new report published by UnivDatos, The Bicycle Market was valued at more than USD 65 billion in 2020 and is expected to grow at a CAGR of around 6% from 2022-2028. The analysis has been segmented into Type (Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes and Others); Technology (Electric and Conventional); End-User (Men, Women, and Kids); Distribution Channel (Online and...

The Bicycle Market was valued at approximately USD 82.6 billion in 2024 and is expected to grow at a substantial CAGR of around 9.5% during the forecast period (2025-2033), owing to the surge in e-bike popularity. A bicycle is considered as an eco-friendly mode of transportation, available in range of varieties such as cargo bikes, electric bikes, and mountain bikes. Bicycle is simple to...