Thailand Bicycle Market (2025-2031) Outlook | Growth, Share, Companies, Trends, Industry, Forecast, Revenue, Value, Size, Analysis

Thailand Bicycle Market Synopsis

The bicycle market in Thailand is flourishing as more people recognize the benefits of cycling for transportation, leisure, and exercise. The government`s efforts to promote sustainable transportation and reduce traffic congestion have spurred bicycle infrastructure development in cities across the country. This has led to increased bicycle sales and the emergence of various types of bicycles, including road bikes, mountain bikes, and electric bicycles. Moreover, Thailand scenic landscapes and cultural attractions make it an attractive destination for cycling enthusiasts, further boosting the bicycle market.

Drivers of the Market

The Thailand bicycle market is on an upward trajectory, driven by several key factors. Firstly, the rising awareness of health and environmental concerns has led to increased interest in cycling as a sustainable and healthy mode of transportation. The COVID-19 pandemic also accelerated this trend as people sought outdoor and socially distanced activities. Additionally, government initiatives to promote cycling infrastructure, such as bike lanes and rental programs, have made cycling more accessible. Furthermore, the availability of a wide range of bicycle types, including electric and folding bikes, caters to diverse consumer preferences and contributes to market expansion.

Challenges of the Market

The Thailand bicycle market encounters challenges related to urban planning and safety concerns. Promoting cycling as a sustainable mode of transportation requires the development of safe and dedicated cycling lanes in cities. Safety concerns, including accidents and theft, can deter potential cyclists. Additionally, competition from motorized transportation options can hinder bicycle adoption.

COVID-19 Impact on the Market

The COVID-19 pandemic had a positive impact on the bicycle market in Thailand. With restrictions on public transportation and a focus on health and outdoor activities, there was a surge in demand for bicycles. Commuters and recreational cyclists turned to bikes as a safe and convenient mode of transportation and exercise, leading to a strong growth in this market.

Key Players in the Market

The Thailand bicycle market is characterized by key players such as Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd., and Panther International Co., Ltd. These companies manufacture a diverse range of bicycles, catering to various riding preferences, from road bikes to mountain bikes. Their commitment to quality, innovation, and sustainability has solidified their positions in the competitive bicycle market in Thailand.

Key Highlights of the Report:

• Thailand Bicycle Market Outlook
• Market Size of Thailand Bicycle Market, 2024
• Forecast of Thailand Bicycle Market, 2031
• Historical Data and Forecast of Thailand Bicycle Revenues & Volume for the Period 2021-2031
• Thailand Bicycle Market Trend Evolution
• Thailand Bicycle Market Drivers and Challenges
• Thailand Bicycle Price Trends
• Thailand Bicycle Porter's Five Forces
• Thailand Bicycle Industry Life Cycle
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Road Bikes for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Technology for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Electric for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Conventional for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By End-user for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Men for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Women for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Kids for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Online for the Period 2021-2031
• Historical Data and Forecast of Thailand Bicycle Market Revenues & Volume By Offline for the Period 2021-2031
• Thailand Bicycle Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By End-user
• Market Opportunity Assessment By Distribution Channel
• Thailand Bicycle Top Companies Market Share
• Thailand Bicycle Competitive Benchmarking By Technical and Operational Parameters
• Thailand Bicycle Company Profiles
• Thailand Bicycle Key Strategic Recommendations