Bicycle Accessories Market Size
Industry market research report with covid 19 forecasts.
Bicycle accessories market size. Bike accessories baskets bells computers fenders kickstands mirrors reflective front rear racks view all accessories gift cards in store gift cards online gift cards parts brakes brake cables brake levers brake pads brake rotors view all brakes drivetrain. Percentage of market channels. 2 global bicycle parts and accessories market competition by manufacturers 15 2 1 global bicycle parts and accessories revenue market. Informal industry estimates suggest that serious road bikes make up just 10 of the market s sales and since 2013 14 have been declining year on year.
Repairs 16 4. High end road 31 45 3. Bikes 41 2. Parts and accessories 26 3.
E bikes worldwide sales forecast 2023. Mountain bikes at 30 bikes defined as hybrids at 26 and children s bikes at 30 make up the bulk of sales in the uk. Motorcycle bicycle and parts manufacturing 2020 u s. Bmx freestyle 15 7 5.
High end mountain bike 24 4 4. Market for bicycles bicycle parts and accessories was sized at a little over six billion u s. Bicycle market size in 2014 the u s. Apparel 7 5.
This figure represents an increase of around 300. The increase in number of people opting for bicycling as a form of leisure is anticipated to propel the growth. The market is broken down into the follow statistics. Motorcycle bicycle and parts manufacturing 2018.
It is expected to expand at a cagr of 6 1 from 2018 to 2025. E bikes market size worldwide 2017 2025. Indeed the uk market for bicycle accessories or pacs which mintel defines as including bicycle parts accessories and clothing was valued at 1 25 billion in 2014 running rings around the 956 million brits spent on bikes in the same year. Percentage of revenue by category.
X x lock purchase this report or a membership to unlock the average company profit margin for this industry. The global bicycle market size was valued at usd 47 51 billion in 2017. Provides market size information to assist with planning and strategic decisions. 1 5 global bicycle parts and accessories market size 14.
Electric bike sales now make up 57 of cycle sales in the netherlands. Family bike shop 87 8 2.