The bicycle market in the United States is projected to grow over the coming years, with growth rates between two and six percent forecast between 2024 and 2029. This follows high levels of growth in 2022, following a precipitous drop in 2021.
Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029
The analysis includes road and racing bicycles such as cruiser, standard, gravel road-, touring-, and fixed gear bikes; Off-road bicycles such as mountain bikes and cyclocross bikes; Special purpose bicycles such as folding-, BMX-, recumbent-, cargo, and kid´s bikes; Electrical and hybrid bicycles; Bicycle supplies such as bags, locks, separate bicycle baskets; Bicycle spare parts such as bicycle tubes, bicycle tires; New bicycles, e.g., new road and racing bicycles, new off-road bicycles.
Motorcycles, scooters, mopeds; Secondhand bicycles; Bike-sharing bicycles; Rented bicycles are out of scope of the analysis.
Data is an estimae modelled by Statista.
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Statista Mobility Market Insights. (April 1, 2024). Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/
Statista Mobility Market Insights. "Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029." Chart. April 1, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/
Statista Mobility Market Insights. (2024). Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/
Statista Mobility Market Insights. "Bicycle Market Revenue Growth in The United States from 2016 to 2023 with a Forecast through 2029." Statista, Statista Inc., 1 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/
Statista Mobility Market Insights, Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/ (last visited November 10, 2024)
Bicycle market revenue growth in the United States from 2016 to 2023 with a forecast through 2029 [Graph], Statista Mobility Market Insights, April 1, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1405940/bicycle-revenue-growth-forecast-us/
