The expansion of the global bicycle industry is forecast to reach 2.1% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 4.7%. Currently, bicycles account for 45.9% of the global demand while the remaining market share is divided between bicycle brakes (5.5%), bicycle frames and forks (10.5%), bicycle hubs and free-wheel sprocket-wheels (3.3%), bicycle pedals/crank-gear (5.0%), bicycle saddles (2.0%), bicycle wheel rims and spokes (4.1%) and other bicycle parts (23.7%).

China, Germany, India, Japan and Netherlands represent the largest bicycle markets while the strongest annual growth is forecast to occur in Vietnam (11.7%), Philippines (11.1%), Ethiopia (11.0%), Nepal (8.5%) and Bolivia (6.3%).

The report package Bicycle Markets in the World to 2020 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for bicycles in the world. Along with a global bicycle market report the package includes country reports from the following countries:

Argentina, Armenia, Austria, Azerbaijan, Bangladesh, Bolivia, Bulgaria, China, Colombia, Cyprus, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Morocco, Nepal, Netherlands, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Senegal, Slovakia, Slovenia, South Korea, Spain, Sweden, Thailand, Turkey, Ukraine, United Kingdom, Vietnam

The research includes historic data from 2009 to 2015 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

The reports help answer the following questions:

  • What is the current size of the bicycle market in the world and in different countries?
  • How is the bicycle market divided into different product segments?
  • How are the overall market and different product segments growing?
  • How is the market predicted to develop in the future?
  • What is the market potential compared to other countries?

The latest industry data included in the reports:

  • Overall bicycle market size, 2009-2020
  • Bicycle market size by product segment, 2009-2020
  • Growth rates of the overall bicycle market and different product segments, 2009-2020
  • Shares of different product segments of the overall bicycle market, 2008, 2014 and 2019
  • Market Potential Rates of the overall bicycle market and different product segments

The market data is given for the following product segments:

Bicycle brakes
Bicycle frames and forks
Bicycle hubs and free-wheel sprocket-wheels
Bicycle pedals/crank-gear
Bicycle saddles
Bicycle wheel rims and spokes
Other bicycle parts

Among the key reasons to purchase include the following:

  • Gain an outlook of the historic development, current market situation, and future outlook of the bicycle market in the world to 2020
  • Track industry developments and identify market opportunities
  • Plan and develop marketing, market-entry, market expansion, and other business strategies by identifying the key market opportunities and prospects
  • Save time and money with the readily accessible key market data included in the reports. The data is clearly presented and can be easily incorporated into presentations and internal reports.