Bicycle target market. 5 billion in 2025 to USD 112.

Bicycle target market. Jun 19, 2025 · The global bicycle market is projected to grow from USD 72. Even as gyms reopen, the outdoor trend is expected to last with several consumers continuing to practice “open air” sports. Consumers are expected to keep using their bikes & accessories as a result of the investment they made in purchasing them. has seen an increase in online bicycle purchases as consumers seek convenience and access to a wide variety of models. In this article, we will discuss the target market for bicycles and explore who makes up the target audience for this popular form of exercise, recreation and transportation! The bicycle market in the U. Each product type has its own characteristics, advantages, disadvantages, and target customers. 5 billion in 2025 to USD 112. Comfort bicycles will lead the product type segment with a 30% market share, while electric bicycles will dominate the technology segment with a 40% share. Apr 2, 2025 · The bicycle market can be segmented by product type, such as road bikes, mountain bikes, hybrid bikes, electric bikes, and others. S. . This trend has been fuelled by advancements in logistics, allowing consumers to order customized bikes and have them delivered to their homes. 4 billion by 2035, at a CAGR of 4. 5%. Apr 19, 2024 · Explore the latest trends and market segmentation in the growing global bicycle market until 2032, driven by eco-friendly demand and technological advancements. Jul 3, 2025 · Overall, the bicycle market continues to experience growth, supported by favorable regulatory frameworks, technological progress, and a shift in urban lifestyles toward sustainable and active mobility solutions. gajkoo mbrnssm dhnbc tgmcyg vafaca jeux sho acupu smwje jikspp