Global Bicycle Trip Market size to Exceed USD 6443.9 Million by 2035 | CAGR of 5.46%
Category: Automotive & TransportationGlobal Bicycle Trip Market size to Exceed USD 6443.9 Million by 2035
According to a research report published by Spherical Insights & Consulting, The Global Bicycle Trip Market size is Expected to Grow from USD 1460.8 Million in 2024 to USD 6443.9 Million by 2035, at a CAGR of 5.46% during the forecast period 2025-2035.
Get more details on this report -
Browse 250 Market Data Tables And 119 Figures Spread Through Pages and In-Depth TOC On The "the Global Bicycle Trip Market Size, Share, and COVID-19 Impact Analysis, By Type (Solo, Group, Couple, and Family), By Tour Type (Single Day and Multi Day), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/bicycle-trips-market
A bicycle trip is any outing that is done for leisure, adventure, entertainment, or tourism. It can happen over a period of one or more days, in groups, with or without a guide, and across a range of distances in urban, rural, or mixed terrain. The market for bicycle trips is expanding significantly due to rising health and environmental concerns as well as the popularity of electric bicycles, or e-bikes. Because e-bikes enable riders to easily navigate longer distances and more difficult terrain, cycling has become more accessible to a wider range of individuals, including older adults and those with physical impairments. Cycling has also become more convenient and attractive with the growth of bike-sharing programs and the construction of infrastructure specifically designed for cyclists. The way bikers plan and carry out their trips has changed because of technological improvements like GPS navigation systems and smartphone applications, which have improved convenience and safety.
The couple segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the bicycle trip market is divided into solo, group, couple, and family. Among these, the couple segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by yandem cycling, which is popular among couples who frequently use double-seated bicycles for outdoor activities, sporting events, or relaxation. With romantic retreats catered to couples' tastes, customised honeymoon packages with adorned bicycles, all-inclusive meals, and unique activities are becoming more and more popular. The market is anticipated to keep expanding, and during the forecast period, the couple segment will continue to hold its top spot. s
The multi-day segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the tour type, the bicycle trip market is divided into single-day and multi-day. Among these, the multi-day segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted by lengthy tours, which can last several days and travel large distances between destinations, and are especially well-liked in the US and Europe. They serve travellers looking for engaging experiences in adventure and nature tourism.
North America is expected to hold the majority share of the global bicycle trip market during the forecast period.
Get more details on this report -
North America is expected to hold the majority share of the global bicycle trip market during the forecast period. The bicycle trip market is encouraged by strong transportation infrastructure, advantageous reimbursement practices, and the uptake of cutting-edge medical technology are important motivators. The market's expansion is further supported by major regional competitors and the broad availability of expensive life science equipment. The market for bike trips in North America is also growing as a result of the growing acceptance of electric bicycles and encouraging government regulations.
Asia Pacific is anticipated to grow at the fastest pace in the global bicycle trip market during the forecast period. The bicycle trip market in the Asia Pacific is bolstered by investments in bicycle infrastructure made by nations such as China, Japan, Singapore, Australia, and India. Because of their low accident rates and advanced infrastructure, cities like Tokyo are becoming popular bike tourist destinations. It is anticipated that the growth of bicycle tour companies in developing nations would further stimulate the sector.
The bicycle trip market in Europe is driven by nations that are making significant investments in bicycle infrastructure, such as Germany, the Netherlands, Denmark, France, Belgium, and Italy. These countries are incorporating cycling into urban design, improving bike lanes, and encouraging healthy lives.
Major vendors in the global Bicycle Trip market are Shimano Inc., Pon Holding B.V., Giant Manufacturing Co., Ltd, Trek Bicycle Corporation, Merida Industry Co., Ltd., Scott Sports SA, Canyon Bicycles GmbH, Specialized Bicycle Components, Inc., F.I.V.E. Bianchi S.p.A., Cicli Pinarello S.p.A., Colnago Ernesto & C. S.r.l., Factor Bikes, BMC Switzerland AG, Hero Cycles Limited, Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In September 2024, Backroads released Unplugged Bike Tours for cyclists who wish to ride a bike with no electric assistance. This addition also allows riders to meet like-minded people around the globe. This addition provides further breadth to Backroads’ extensive collection of bike and e-bike tours with 83 traditional bike traverses in the most sought-after countries such as the US, Italy, France, Spain, Canada, and Japan.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the bicycle trip market based on the following segments:
Global Bicycle Trip Market, By Type
- Solo
- Group
- Couple
- Family
Global Bicycle Trip Market, By Tour Type
- Single Day
- Multi-Day
Global Bicycle Trip Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?