Global Bicycle Market Size & Growth from 2019 to 2032

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USD Billion and Percentage

Global Bicycle Market Size with Yearly Growth Analysis (2019–2032)

Published by MMR Statistics Reserch Team, November 2025

Innovation, environmental awareness, and the impact of the COVID-19 pandemic are driving the impressive growth of the Global Bicycle Market from 2019 to 2032. By 2024, the market was reached USD 73.88 billion, with a YOY growth of 7.94%, reflecting a strong increase from USD 50.32 billion in 2019. The COVID-19 pandemic played a pivotal role in accelerating this growth, as consumers turned to bicycles as a safe, socially distanced alternative to public transportation and as a way to stay active during lockdowns.

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Personal Mobility

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Information

Unit

USD Billion and Percentage

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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