Global Bicycle Market Revenue by Price Segment (2019–2032)

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in USD Million

Global Bicycle Market: Steady Growth Across Premium, Mid-Range, and Low-Range Segments

Published by MMR Statistics Reserch Team, November 2025

The global bicycle market has shown steady growth over the years and is continuing to expand across all price segments. Premium bicycles were valued at USD 6,145 million in 2019, rised to around USD 8,336 million in 2025, and are expected to reach USD 14,693 million by 2032, as demand for advanced materials, electric-assist features, and stylish designs is increasing. Mid-range bicycles were estimated at USD 31,405 million in 2019, grew to USD 46,833 million in 2025, and are projected to hit USD 83,382 million by 2032, supported by rising urban commuting needs, fitness trends, and affordability. Low-range bicycles were valued at USD 12,770 million in 2019, increased to USD 24,649 million in 2025, and are anticipated to reach USD 42,550 million by 2032.

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Personal Mobility

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Information

Unit

in USD Million

Region

Global

Time Period

2019–2032

Source Name

Maximize Market Research Pvt. Ltd

Source Link

http://www.maximizemarketresearch.com

Publisher Name

Maximize Market Research Pvt. Ltd

Publisher Link

http://www.maximizemarketresearch.com

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