Global Bicycle Trips Market Size, Share, and COVID-19 Impact Analysis, By Type (Solo, Group, Couple, and Family), By Tour Type (Single Day and Multi Day), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Automotive & TransportationGlobal Bicycle Trip Market Insights Forecasts to 2035
- The Global Bicycle Trip Market Size Was Estimated at USD 1460.8 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 14.44% from 2025 to 2035
- The Worldwide Bicycle Trip Market Size is Expected to Reach USD 6443.9 Million by
- 2035
- Asia Pacific is expected to grow the fastest during the forecast period.
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According to a research report published by Spherical Insights and 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 14.44 % during the forecast period 2025-2035. The expansion of the global bicycle trip market is propelled by adventure tourism, and riding a bike is a common way to experience different cultures and participate in outdoor activities. Increased engagement is a result of health and wellness trends that encourage more individuals to take up cycling as a fitness activity. The integration of electric bicycles is one example of how technological improvements are improving cycling and making it more appealing and accessible. Furthermore, the rising appeal of group cycling activities fosters safety advantages and social ties, which accelerate market expansion.
Global Bicycle Trip Market Forecast and Revenue Outlook
- 2024 Market Size: USD 1460.8 Million
- 2035 Projected Market Size: USD 6443.9 Million
- CAGR (2025-2035): 14.44%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
Market Overview
A bicycle trip is an expedition or journey that is predominantly undertaken by bicycle, usually for tourism, leisure, travel, or fitness. The market for bicycle trips is expected to rise significantly due to increased environmental consciousness, infrastructure improvements, and a resurgence of cycling aficionados. Increased health consciousness, the growth of bike-sharing schemes, and a move towards sustainable transportation are major market drivers. The development of electric bicycles, the extension of bike routes and trails, and the incorporation of cycling into urban design present significant prospects. Adventure cycling, specialised cycle rides catered to particular hobbies, and the growth of cycling tourism are some of the recent trends. The market for bicycle trips is predicted to grow as cities work to make their cities more bike-friendly, providing plenty of chances for companies that rent bikes, conduct tours, and sell cycling gear.
Governments worldwide are increasingly supporting bicycle travel, as evidenced by the Bloomberg initiative for cycling infrastructure, which offers subsidies to communities to build safer roads and bike lanes. Pop-up lanes and other temporary solutions are funded by the Smart Cities Mission's Cycles Change Challenge in India, with plans to formalise them later. European nations have established national cycling policies, such as Ireland's Cycle Policy Framework and Luxembourg's mobility plans, to make large investments in infrastructure, legal reforms, and public safety for active transportation. These initiatives, along with bike-sharing schemes, awareness campaigns, and route networks such as EuroVelo, are advancing cycling as a sport, a way to get around, and a destination.
Key Market Insights
- North America is expected to account for the largest share in the Bicycle Trip Market during the forecast period.
- In terms of type, the couple segment is projected to lead the Bicycle Trip Market throughout the forecast period
- In terms of tour type, the multi day segment captured the largest portion of the market
Bicycle Trip Market Trends
- Rise of group & themed tours
- Single day experiences are growing fastest
- Technology & digital integration
- Demand for cultural, immersive, and wellness travel
- Rapid growth
Report Coverage
This research report categorizes the bicycle trip market based on various segments and regions, forecasts revenue growth, and analyses trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the bicycle trip market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the bicycle trip market.
Global Bicycle Trips Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1460.8 million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 14.44% |
2035 Value Projection: | USD 6443.9 million |
Historical Data for: | 2020-2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 119 |
Segments covered: | By Type, By Tour Type, By Regional Analysis |
Companies covered:: | 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, and and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors: E Bike Adoption and Outdoor Recreation Fuel Bicycle Trip Market Growth
The bicycle trip market is expanding, driven by the rapid growth of e bikes in Europe. In 2021, 5 million e bikes were sold, up 10% from the previous year. E bikes can replace 28% of car trips and are 60% faster than cars for journeys under 10 km, significantly reducing pollution. With a CO2 footprint of just 22 g/km, they offer a greener alternative to cars and public transport. Growth is further supported by government initiatives, such as Paris’s €250 million investment in cycling infrastructure. Notably, 40% of e bike buyers are over 50, highlighting strong adoption among seniors.
Adventure and high performance bikes are also gaining traction for off road riding, racing, and endurance events. Outdoor recreation participation in the U.S. reached an all time high in 2023, with 175.8 million participants, much of it driven by biking and other casual outdoor activities.
Restraining Factor: Seasonality & weather constraints limits bicycle trip demand in off-peak months.
One of the main factors restraining bicycle trips is that highly seasonal in colder climates snow, freezing temperatures, and fewer hours of daylight will reduce activity levels in the winter. Similarly, in the Asia Pacific region, outdoor riding drops when the rainy season arrives. As a result of this seasonality, bicycle sales are affected, as well as the number of cycling events each year, which tend to happen in the most profitable months for manufacturers and retailers.
Market Segmentation
The global bicycle trips market is divided into type and tour type.
Global Bicycle Trips Market, By Type:
Why does the couple type segment hold the largest revenue share in the global bicycle trip market, accounting for approximately 46.6% of the total market during the forecast period?
The couple type segment led the bicycle trip market, generating the largest revenue share. Many of these couples are avid cyclists who enjoy riding in tandem with each other. Couple vacations are very common, especially among those who are married and those participating together as workout partners. The primary application for double-seated bicycles is couples sharing rides. Outfitted double-seated bicycles are seen in sporting events, leisure traveling, or outdoors. Honeymoons are designed with hand-crafted packages for couples that include value-added features like beautifully decorated bicycles, meals included in packages, customising experiences requested by couples, and more. The group type segment in the bioactive bone grafts market is expected to grow at the fastest CAGR over the forecast period. The group type segment is a robust expansion, traveling in a group costs less than traveling on own or with a partner. Group trips are also less expensive for businesses to run than a single or romantic trip. Companies profit more from a group of travelers, so they offer discounts to more people. The group trip market is particularly popular in the age range of 18 to 30.
Global Bicycle Trips Market, By Tour Type:
Why does multi-day represent the largest tour type segment, capturing approximately 69.3% market share during the forecast period in the global bicycle trips market?
The multi-day segment held the largest market share in the bicycle trip market. These cycling routes are long-distance multi-day tours. Part of the tour is traveling between cities. Intercity travel is common in both the U.S. and Europe. Multi-day trips are extremely popular in both the adventure and nature tourism markets. For multi-day trips, companies are offering packaged tours that bundle lodging, meals, entertainment, and beverages. The multi-day trips require an experienced or intermediate cyclist. Also need higher levels of fitness, endurance, and stamina to complete these types of trips.
The single-day segment in the bicycle trips market is expected to grow at the fastest CAGR over the forecast period. Most European countries, including the Netherlands, Norway, France, and others, have made cycling a popular form of transportation. Cycling tours that last only one day are a common way to see the key tourist attractions in these nations. In urban regions, single-day cycling tours are common, with one-day excursions to neighbouring locations planned from the city centres. There are other kinds of one-day excursions, such as nighttime tours, heritage cycle rides, and nature cycle rides.
Regional Segment Analysis of the Global Bicycle Trip Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America Bicycle Trips Market Trends
What factors contribute to the North America region holding the largest share, approximately 69.3%, of the global bicycle trips market during the forecast period?
The North American region's supremacy includes the existence of suitable and advantageous reimbursement rules, a strong Automotive & Transportation system, the adoption of cutting-edge medical technology, and important regional players. The significant penetration of high-end life science instruments in the US, the presence of significant companies, and the region's favorable reimbursement laws is some of the other key elements anticipated to sustain the growth of the Bicycle Trip market in North America.
Why does the United States lead the North American bicycle trips market?
The bicycle trip market in the United States encompasses a wide variety of bike activity offerings to meet different preferences and ability levels. Recreational and leisure vacations appeal to families or leisure bike riders because they offer short, enjoyable rides in beautiful settings. Adventure and touring vacations appeal to more experienced bike riders because they offer a longer ride with the chance to stay in different locations along the route or simply camp overnight. Companies offering guided bike trips provide an organized experience that exposes bike riders to different locations while also providing the expertise of authorized guides. Because of these options, it may tap into a very wide array of consumer preferences.
Asia Pacific Bicycle Trips Market Trends
Why is Asia Pacific expected to register the Fastest CAGR in the bicycle trips market during the forecast period?
Asia Pacific is expected to grow at the fastest CAGR in the bicycle trips market during the forecast period. Many countries, e.g., Japan and China, and Singapore, are prioritizing infrastructure development to promote and encourage bicycle commuting. For example, cities like Tokyo are ideal places for bike tourism, especially with low accident rates. The expansion of bicycle touring will heavily rely on cycling tour operators expanding their reach to developing regions with growing interest in adventure and travel, such as Australia and India.
Europe Bicycle Trips Market Trends
How is the Europe region expected to capture approximately 19% of the bicycle trips market by 2025, with the fastest growth rate?
In Europe, the rate of growth in this segment will be the most rapid as bicycle tourism has become a prominent tourist attraction there, especially in countries like Germany, the Netherlands, Denmark, and France, with excellent bike infrastructure such as bike lanes. Also, as active, healthy lifestyles continue to gain popularity with Europeans, exercising regularly and eating well an important consideration for many. Countries including Belgium, Denmark, France, and Italy are investing significant resources into infrastructure, helping to facilitate bike commuting, and spurring growth throughout the region.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global bicycle trip market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Worldwide Top Key Players in the bicycle trips market include
- 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 April 2025, Merida further acquired 39% of Merida Centurion Germany GmbH, deepening its investment in European operations to strengthen market presence and optimize supply chain efficiency.
- In March 2025, China’s Zhonglu Co., through one of its subsidiaries, acquired a 21% share in Factor Bikes, while a private equity firm that includes Factor CEO Rob Gitelis has also invested. Together, the two entities have acquired a majority share in Factor from the exiting non-management shareholder.
- In September 2024, SPIA Cycling Inc., A subsidiary of Giant Group, acquires the assets of Stages Cycling Brand. The acquisition will support the Giant Group’s vision to create a comprehensive indoor/outdoor cycling ecosystem, enhance its cycling data capabilities, and enter the commercial fitness market, where it has a 30-year history of manufacturing for other brands.
- In October 2024, Art of Bicycle Trips, one of the leading operators also in the Asia Pacific, started offering new tours in Portugal and added the Algarve region. This responds to the escalating interest in active tourism in Europe. The new tours allow the tourists to bike while touring these places’ culture, religion, and history.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the bicycle trip market based on the following segments:
Global Bicycle Trips Market, By Type
- Solo
- Group
- Couple
- Family
Global Bicycle Trips Market, By Tour Type
- Single Day
- Multi-Day
Global Bicycle Trips 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
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