Global Recreational Bike Market Growth 2023-2029

Global Recreational Bike Market Growth 2023-2029

Recreational cycling can be defined as riding a bike purely for entertainment purposes. If you are riding your bicycle to work or to run errands then it would be considered a mode of transportation.

LPI (LP Information)' newest research report, the “Recreational Bike Industry Forecast” looks at past sales and reviews total world Recreational Bike sales in 2022, providing a comprehensive analysis by region and market sector of projected Recreational Bike sales for 2023 through 2029. With Recreational Bike sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recreational Bike industry.

This Insight Report provides a comprehensive analysis of the global Recreational Bike landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recreational Bike portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recreational Bike market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recreational Bike and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recreational Bike.

The global Recreational Bike market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Recreational Bike is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Recreational Bike is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Recreational Bike is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Recreational Bike players cover Hero Cycles, TI Cycles, Atlas, Avon Cycles, Giant Bicycles, Merida, Trek, Specialized Bicycle Components and Derby Cycle, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Recreational Bike market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Two-Wheeled Bicycle
Tricycle

Segmentation by application
Household
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hero Cycles
TI Cycles
Atlas
Avon Cycles
Giant Bicycles
Merida
Trek
Specialized Bicycle Components
Derby Cycle
Grimaldi Industri
Cannondale
Gazelle
Samchuly Bicycle
Pacific Cycles

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recreational Bike market?

What factors are driving Recreational Bike market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recreational Bike market opportunities vary by end market size?

How does Recreational Bike break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.