Europe Bicycle Market (2023-2029) | COVID-19 IMPACT, Forecast, Analysis, Trends, Share, Revenue, Growth, Outlook, Industry, Value, Size & Companies

Europe Bicycle Market Highlights

Report Name	Europe Bicycle Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	1.30%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Product, By Technology, By End-User, By Distribution Channel
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the Europe Bicycle Market

Europe Bicycle Market report thoroughly covers the market by countries, product, technology, end-user and distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Bicycle Market Synopsis

Europe Bicycle Market has experienced prominent growth and the market is expected to expand more during the forecast period attributed to rising focus on eco-friendly and sustainable modes of transportation, rising urbanization and the expansion of smart city initiatives. Health and wellness trends across the region are also playing a crucial role in the progress of this market.

According to 6Wresearch, Europe Bicycle Market size is estimated to grow at a CAGR of 1.30 % during 2023–2029. The Europe bicycle industry is influenced by several key drivers that contribute to its growth and sustainability. Firstly, there is a growing emphasis on sustainable and eco-friendly modes of transportation, driven by increased awareness of environmental issues. Bicycles, as zero-emission vehicles, align well with the push for greener mobility solutions. Additionally, urbanization and the rise of smart city initiatives have prompted a renewed interest in cycling as a practical and efficient means of commuting. Many European cities are investing in cycling infrastructure, including dedicated lanes and bike-sharing programs, further promoting the adoption of bicycles.

Health and wellness trends also play a significant role in driving the bicycle market. The recognition of cycling as a form of exercise that promotes cardiovascular health and contributes to an active lifestyle has spurred demand. Moreover, the COVID-19 pandemic has accelerated the shift towards individual transportation modes, with bicycles being a popular choice due to their affordability and the ability to maintain social distancing.

Despite the positive factors, the bicycle market in the region faces certain challenges. One of the primary obstacles is the competition from other individual transportation modes, including electric scooters and emerging micro-mobility solutions. As various alternatives vie for consumer attention, the bicycle market must differentiate itself and address specific needs to maintain or expand its market share. Infrastructure gaps represent another challenge. While many European cities are investing in cycling infrastructure, some regions may still lack adequate facilities, hindering the widespread adoption of bicycles for daily commuting.

Addressing these gaps requires ongoing collaboration between urban planners, policymakers, and the cycling community. Regulatory challenges may also affect the bicycle market. Regulations related to safety standards, especially for electric bikes, and issues like helmet laws can impact consumer preferences and market dynamics. Navigating these regulatory landscapes requires cooperation between industry stakeholders and policymakers to ensure that regulations encourage rather than hinder Europe bicycle market growth.

Europe Bicycle Industry: Key Players

Some of the most significant players running in this industry include:

• Accell Group N.V.
• Giant Manufacturing Co. Ltd.
• Trek Bicycle Corporation
• Cube Bikes
• Merida Industry Co., Ltd.
• Cervélo Cycles
• Brompton Bicycle Ltd.
• Riese & Müller GmbH
• Focus Bikes
• Canyon Bicycles GmbH

Bicycle Market in Europe: Government Initiatives

Many European governments have been investing in the development of cycling infrastructure, including dedicated bike lanes, bike-sharing programs, and secure bike parking facilities. These initiatives are designed to make cycling safer and more convenient, encouraging more people to choose bicycles for their daily commute. Numerous cities in Europe have introduced bike-sharing programs, allowing residents and visitors to rent bicycles for short trips. These programs are often supported or subsidized by local governments to promote sustainable and accessible urban transportation.

Some European countries provide financial incentives to encourage the purchase of bicycles or e-bikes. These incentives may include tax credits, subsidies, or grants to make cycling more affordable for individuals. Initiatives focus on integrating cycling with other modes of transportation, such as buses and trains. Governments may invest in infrastructure that facilitates the combination of cycling and public transport, promoting a seamless and efficient travel experience. European cities are adopting policies to create a more bicycle-friendly urban environment. This includes traffic management measures, traffic calming initiatives, and regulations that prioritize the safety of cyclists on the roads.

Market Segmentation by Product 

According to Ravi Bhandari, Research Head, 6Wresearch, the mountain and cargo bicycle segments are projected to grow in the market in the near future. The demand for both these segments is growing and will continue to grow in the future. 

Market Segmentation by Technology

The electric segment by technology is expected to emerge as the fastest-growing segment over the forecast period as electric bicycles are easy to use. Electric bicycles can also ensure faster journeys in comparison to their conventional counterparts. 

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Europe Bicycle Market Outlook
• Market Size of Europe Bicycle Market, 2022
• Forecast of Europe Bicycle Market, 2029
• Historical Data and Forecast of Europe Bicycle Revenues & Volume for the Period 2019 - 2029
• Europe Bicycle Market Trend Evolution
• Europe Bicycle Market Drivers and Challenges
• Europe Bicycle Price Trends
• Europe Bicycle Porter's Five Forces
• Europe Bicycle Industry Life Cycle
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Road Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Electric for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Conventional for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By End-user for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Men for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Women for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Kids for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Europe Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Germany Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of France Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Italy Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Russia Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume Online for the Period 2019 - 2029
• Historical Data and Forecast of Spain Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Bicycle Market Revenues & Volume By Offline for the Period 2019 - 2029
• Europe Bicycle Market - Key Performance Indicators
• Europe Bicycle Market - Import Export Trade Statistics
• Europe Bicycle Market - Opportunity Assessment By Countries
• Europe Bicycle Market - Opportunity Assessment By Product
• Europe Bicycle Market - Opportunity Assessment By Technology
• Europe Bicycle Market - Opportunity Assessment By End-user
• Europe Bicycle Market - Opportunity Assessment By Distribution Channel
• Europe Bicycle Market - Top Companies Market Share
• Europe Bicycle Market - Top Companies Profiles
• Europe Bicycle Market - Comparison of Players in Technical and Operating Parameters
• Europe Bicycle Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• Germany
• United Kingdom
• France
• Italy
• Russia
• Spain
• Rest Of Europe

By Product 

• Mountain Bikes
• Hybrid Bikes
• Road Bikes
• Cargo Bikes
• Others

By Technology

• Electric
• Conventional

By End-User

• Men
• Women
• Kids

By Distribution Channel

• Online
• Offline

Europe Bicycle Market (2023-2029): FAQa