Product Code: ETC13331397 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Bicycle Parts and Accessories Market was valued at USD 11.2 Billion in 2024 and is expected to reach USD 16.5 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).
The Global Bicycle Parts and Accessories Market is experiencing steady growth driven by increasing interest in cycling as a recreational activity, growing awareness about health and fitness, and the rise of environmentally-friendly transportation options. The market encompasses a wide range of products such as brakes, gears, saddles, pedals, helmets, lights, and bike locks. Key trends in the market include the adoption of advanced technologies to enhance performance and safety, the introduction of lightweight and durable materials, and the focus on eco-friendly and sustainable products. Major players in the industry are investing in research and development to offer innovative solutions, and there is a rising demand for customizable and personalized accessories. The market is expected to continue its growth trajectory, fueled by urbanization, changing consumer lifestyles, and government initiatives to promote cycling infrastructure.
The Global Bicycle Parts and Accessories Market is experiencing significant growth driven by the increasing popularity of cycling as a recreational activity, as well as the growing awareness of the health and environmental benefits of cycling. Key trends in the market include the rising demand for lightweight and durable components, the adoption of advanced technology such as electronic shifting systems and integrated sensors, and the emphasis on eco-friendly and sustainable materials in manufacturing. Opportunities in the market lie in the expanding urban population looking for alternative modes of transportation, the rise of electric bicycles creating a new segment for accessories, and the growing market for high-end, customized parts for enthusiasts. E-commerce platforms are also driving sales, providing convenience and a wider reach for manufacturers and retailers in this competitive and dynamic market.
The Global Bicycle Parts and Accessories Market faces several challenges, including increasing competition from online retailers and counterfeit products, fluctuating raw material prices impacting production costs, and shifting consumer preferences towards electric bicycles. Additionally, regulatory hurdles related to safety standards and environmental concerns regarding the disposal of old bike parts contribute to the challenges faced by industry players. The market also grapples with the need for constant innovation to meet evolving consumer demands for lightweight, durable, and sustainable products. Overall, navigating these challenges requires companies in the Global Bicycle Parts and Accessories Market to invest in research and development, establish strong distribution channels, and adapt quickly to changing market dynamics.
The Global Bicycle Parts and Accessories Market is primarily being driven by the increasing popularity of cycling as a recreational activity and as a sustainable mode of transportation. The growing awareness about the health benefits of cycling, coupled with a rising emphasis on eco-friendly transportation options, is fueling the demand for high-quality parts and accessories for bicycles. Additionally, the trend towards urbanization and the promotion of cycling infrastructure in cities worldwide are further boosting the market growth. Technological advancements in bicycle components, such as lightweight materials and advanced gear systems, are also contributing to the expansion of the market. Overall, the increasing focus on health, sustainability, and urban mobility is propelling the growth of the Global Bicycle Parts and Accessories Market.
Government policies related to the Global Bicycle Parts and Accessories Market vary by country, but commonly include regulations on product safety, import/export tariffs, and environmental sustainability. Many countries have established safety standards for bicycle parts and accessories to ensure consumer protection and promote quality products. Additionally, import/export tariffs may impact the cost and availability of these goods in different markets. Governments also promote environmental sustainability through incentives for the production and use of eco-friendly bicycle parts and accessories, such as tax breaks for companies that develop sustainable products. Overall, government policies in the Global Bicycle Parts and Accessories Market aim to balance consumer protection, market competitiveness, and environmental concerns within the industry.
The Global Bicycle Parts and Accessories Market is expected to witness steady growth in the coming years, driven by factors such as increasing consumer interest in cycling as a recreational activity, growing awareness about the health and environmental benefits of cycling, and the rise of urban commuting on bicycles. Key trends shaping the market include the growing popularity of electric bicycles, innovative materials and technologies being incorporated into parts and accessories, and the emphasis on customization and personalization. Additionally, the shift towards online retail channels and the rise of direct-to-consumer brands are expected to further propel market growth. Overall, the future outlook for the Global Bicycle Parts and Accessories Market remains positive, with opportunities for manufacturers and retailers to cater to the evolving needs and preferences of cyclists worldwide.
In the global Bicycle Parts and Accessories market, Asia is experiencing rapid growth due to the increasing popularity of cycling as a recreational activity and growing environmental awareness. North America is witnessing a surge in demand for high-end and technologically advanced bicycle parts and accessories driven by the preference for premium products. Europe remains a mature market with a strong emphasis on sustainability and innovation in design. The Middle East and Africa region is seeing a gradual rise in cycling culture, leading to a steady increase in demand for bicycle parts and accessories. Latin America is showing promising growth potential as more people are adopting cycling as a means of transportation, resulting in a growing market for affordable and practical bicycle components.
Global Bicycle Parts and Accessories Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Bicycle Parts and Accessories Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Bicycle Parts and Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Global Bicycle Parts and Accessories Market - Industry Life Cycle |
3.4 Global Bicycle Parts and Accessories Market - Porter's Five Forces |
3.5 Global Bicycle Parts and Accessories Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Bicycle Parts and Accessories Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.7 Global Bicycle Parts and Accessories Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Global Bicycle Parts and Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Bicycle Parts and Accessories Market Trends |
6 Global Bicycle Parts and Accessories Market, 2021 - 2031 |
6.1 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Transmission Parts, 2021 - 2031 |
6.1.3 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Frame & Forks Parts, 2021 - 2031 |
6.1.4 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Wheel Parts, 2021 - 2031 |
6.1.5 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Steering Components, 2021 - 2031 |
6.2 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Mountain Bicycles, 2021 - 2031 |
6.2.3 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Road Bicycles, 2021 - 2031 |
6.2.4 Global Bicycle Parts and Accessories Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Bicycle Parts and Accessories Market, Overview & Analysis |
7.1 North America Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
7.2 North America Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
7.4 North America Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 Latin America (LATAM) Bicycle Parts and Accessories Market, Overview & Analysis |
8.1 Latin America (LATAM) Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
8.4 Latin America (LATAM) Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Asia Bicycle Parts and Accessories Market, Overview & Analysis |
9.1 Asia Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
9.4 Asia Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Africa Bicycle Parts and Accessories Market, Overview & Analysis |
10.1 Africa Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
10.4 Africa Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Europe Bicycle Parts and Accessories Market, Overview & Analysis |
11.1 Europe Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
11.4 Europe Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Middle East Bicycle Parts and Accessories Market, Overview & Analysis |
12.1 Middle East Bicycle Parts and Accessories Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Bicycle Parts and Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Bicycle Parts and Accessories Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Bicycle Parts and Accessories Market, Revenues & Volume, By Types, 2021 - 2031 |
12.4 Middle East Bicycle Parts and Accessories Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Global Bicycle Parts and Accessories Market Key Performance Indicators |
14 Global Bicycle Parts and Accessories Market - Export/Import By Countries Assessment |
15 Global Bicycle Parts and Accessories Market - Opportunity Assessment |
15.1 Global Bicycle Parts and Accessories Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Bicycle Parts and Accessories Market Opportunity Assessment, By Types, 2021 & 2031F |
15.3 Global Bicycle Parts and Accessories Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Global Bicycle Parts and Accessories Market - Competitive Landscape |
16.1 Global Bicycle Parts and Accessories Market Revenue Share, By Companies, 2024 |
16.2 Global Bicycle Parts and Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |