What is the Cycling accessories Market Size?
According to 6Wresearch internal database and industry insights, the Cycling accessories market was valued at USD 9.3 billion in 2024 and is anticipated to exceed USD 14.8 billion by 2031, registering a steady at a CAGR of 6.9% during the forecast period.
Cycling accessories market is witnessing robust growth driven by the surge in cycling as a recreational activity and the increasing focus on health and fitness. Rising awareness regarding eco-friendly commuting options, urban mobility challenges, and government initiatives promoting cycling infrastructure are also contributing to the rising demand. In addition, innovation in safety gear, smart gadgets, and fashion-oriented products is expanding the market landscape.
Major Growth Factors of the Cycling accessories Market
- Increasing adoption of cycling for fitness and wellness
- Rising urban traffic congestion promoting bicycle commuting
- Government initiatives supporting cycling infrastructure
- Technological advancements in smart cycling accessories
- Growing popularity of e-bikes and related accessories
- Expansion of e-commerce and online bicycle accessory retail
- Rising demand for high-performance and premium gear
- Increasing environmental awareness among consumers
Cycling accessories Market Trends
Cycling accessories market is estimated to experience towards smart, connected products such as GPS-enabled helmets, smart lights, and fitness trackers. There is also a growing demand for lightweight and aerodynamic components. Additionally, the popularity of cycling events and tours is driving consumer interest in both performance-based and aesthetic accessories. Online retailing and customization trends are further shaping the purchasing behaviour of consumers.
Emerging Developments in the Cycling accessories Market
Cycling accessories market is undergoing significant innovation with the emergence of wearable tech integrated into helmets and clothing. Sustainable materials are increasingly being adopted in product design, and many companies are focusing on recyclable or eco-friendly packaging. Collaborations between cycling brands and technology firms are resulting in advanced safety solutions. Personalized product offerings and AR/VR-based virtual fitting tools are also gaining traction.
Major Companies in the Cycling accessories Market
- Shimano Inc.
- Trek Bicycle Corporation
- Giant Manufacturing Co. Ltd.
- Specialized Bicycle Components, Inc.
- Bontrager
- Garmin Ltd.
- Lezyne USA Inc.
- CatEye Co., Ltd.
How big is the cycling Accessories Market : FAQ's
Cycling accessories market was valued at around USD 9.3 billion in 2025 and is projected to reach USD 14.8 billion by 2031.
The Cycling accessories market is expected to grow at a CAGR of 6.9% during the forecast period.
Cycling accessories market trends include growing use of smart accessories, demand for sustainable and lightweight products, and increased online sales and customization.
Cycling accessories market is driven by rising health consciousness, eco-friendly commuting, government support, and innovation in safety and performance products.
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