Asia Pacific Bicycle Market Size, Share & Industry Trends Analysis Report By Technology (Conventional and Electric), By End User, By Distribution Channel, By Product, By Country and Growth Forecast, 2021 - 2027

The Asia Pacific Bicycle Market would witness market growth of 8.6% CAGR during the forecast period (2021-2027).

The awareness about the significance of a healthy lifestyle is constantly increasing in people. In addition, bicycling on a daily basis can help prevent diseases like obesity. As more individuals turn to bikes as a regular method of exercise, the market is expected to expand. Moreover, people are considering bicycle commutation over short distances in order to save time that can be caused due to the increasing traffic congestion and a lack of parking space, especially in urban cities. Simultaneously, several governments are implementing the infrastructure that is required to facilitate commuting through bicycles, hence encouraging people to use bicycles.

Bicycles can also be used for daily commuting as well as various other activities like exercise, sports, and trekking. In addition, consumers need automobiles that are safer, more comfortable, and ecologically friendly. This is expected to encourage the companies involved to create a variety of novel paddle cycle products. The growth of shared mobility companies has increased demand for these types of daily commute vehicles.

The presence of big production facilities in nations like China, Japan, and India accounts for the majority of the bicycle market of the region. The adoption rate of paddle cycles in Asia is likely to increase as a result of this factor. The different road cycling events organized by the multiple sports governing organizations in the region also contribute to the region's demand for paddle bikes. In addition, there is an increase in the number of fitness events taken place in the developing nations like India and China.

China, Japan, India, Australia, and South Korea are among the region's leading contributors. Moreover, these nations have begun to stage a slew of cycling competitions, which would boost the popularity as well as the demand for sports bicycles.

The China market dominated the Asia Pacific Bicycle Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9,517.6 Million by 2027. The Japan market is poised to grow at a CAGR of 7.9% during (2021 - 2027). Additionally, The India market would experience a CAGR of 9.3% during (2021 - 2027).

Based on Technology, the market is segmented into Conventional and Electric. Based on End User, the market is segmented into Men, Women, and Kids. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Product, the market is segmented into Road, Mountain, Hybrid, Cargo, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Bicycle Market is Projected to reach USD 93.5 Billion by 2027, at a CAGR of 8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accell Group, Giant Manufacturing Co. Ltd., Cervélo (Pon Holdings BV), SCOTT Sports SA, Merida Industry Co., Ltd., and Specialized Bicycle Components, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Technology

• Conventional
• Electric

By End User

• Men
• Women
• Kids

By Distribution Channel

• Offline
• Online

By Product

• Road
• Mountain
• Hybrid
• Cargo
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Accell Group
• Giant Manufacturing Co. Ltd.
• Cervélo (Pon Holdings BV)
• SCOTT Sports SA
• Merida Industry Co., Ltd.
• Specialized Bicycle Components, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Bicycle Market, by Technology
1.4.2 Asia Pacific Bicycle Market, by End User
1.4.3 Asia Pacific Bicycle Market, by Distribution Channel
1.4.4 Asia Pacific Bicycle Market, by Product
1.4.5 Asia Pacific Bicycle Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Bicycle Market

Chapter 4. Asia Pacific Bicycle Market by Technology
4.1 Asia Pacific Conventional Market by Country
4.2 Asia Pacific Electric Market by Country

Chapter 5. Asia Pacific Bicycle Market by End-user
5.1 Asia Pacific Men Market by Country
5.2 Asia Pacific Women Market by Country
5.3 Asia Pacific Kids Market by Country

Chapter 6. Asia Pacific Bicycle Market by Distribution Channel
6.1 Asia Pacific Offline Market by Country
6.2 Asia Pacific Online Market by Country

Chapter 7. Asia Pacific Bicycle Market by Product
7.1 Asia Pacific Road Market by Country
7.2 Asia Pacific Mountain Market by Country
7.3 Asia Pacific Hybrid Market by Country
7.4 Asia Pacific Cargo Market by Country
7.5 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Bicycle Market by Country
8.1 China Bicycle Market
8.1.1 China Bicycle Market by Technology
8.1.2 China Bicycle Market by End-user
8.1.3 China Bicycle Market by Distribution Channel
8.1.4 China Bicycle Market by Product
8.2 Japan Bicycle Market
8.2.1 Japan Bicycle Market by Technology
8.2.2 Japan Bicycle Market by End-user
8.2.3 Japan Bicycle Market by Distribution Channel
8.2.4 Japan Bicycle Market by Product
8.3 India Bicycle Market
8.3.1 India Bicycle Market by Technology
8.3.2 India Bicycle Market by End-user
8.3.3 India Bicycle Market by Distribution Channel
8.3.4 India Bicycle Market by Product
8.4 South Korea Bicycle Market
8.4.1 South Korea Bicycle Market by Technology
8.4.2 South Korea Bicycle Market by End-user
8.4.3 South Korea Bicycle Market by Distribution Channel
8.4.4 South Korea Bicycle Market by Product
8.5 Singapore Bicycle Market
8.5.1 Singapore Bicycle Market by Technology
8.5.2 Singapore Bicycle Market by End-user
8.5.3 Singapore Bicycle Market by Distribution Channel
8.5.4 Singapore Bicycle Market by Product
8.6 Malaysia Bicycle Market
8.6.1 Malaysia Bicycle Market by Technology
8.6.2 Malaysia Bicycle Market by End-user
8.6.3 Malaysia Bicycle Market by Distribution Channel
8.6.4 Malaysia Bicycle Market by Product
8.7 Rest of Asia Pacific Bicycle Market
8.7.1 Rest of Asia Pacific Bicycle Market by Technology
8.7.2 Rest of Asia Pacific Bicycle Market by End-user
8.7.3 Rest of Asia Pacific Bicycle Market by Distribution Channel
8.7.4 Rest of Asia Pacific Bicycle Market by Product

Chapter 9. Company Profiles
9.1 Accell Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.2 Giant Manufacturing Co. Ltd.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.3 Cervélo (Pon Holdings BV)
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Product Launches and Product Expansions:
9.4 SCOTT Sports SA
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.5 Merida Industry Co., Ltd.
9.5.1 Company Overview
9.6 Specialized Bicycle Components, Inc.
9.6.1 Company Overview

TABLE 1 Asia Pacific Bicycle Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Bicycle Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Conventional Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Conventional Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Electric Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Electric Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Men Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Men Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Women Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Women Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Kids Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Kids Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Offline Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Offline Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Road Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Road Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Mountain Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Mountain Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Cargo Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Cargo Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Bicycle Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Bicycle Market by Country, 2021 - 2027, USD Million
TABLE 37 China Bicycle Market, 2017 - 2020, USD Million
TABLE 38 China Bicycle Market, 2021 - 2027, USD Million
TABLE 39 China Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 40 China Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 41 China Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 42 China Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 43 China Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 44 China Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 45 China Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 46 China Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 47 Japan Bicycle Market, 2017 - 2020, USD Million
TABLE 48 Japan Bicycle Market, 2021 - 2027, USD Million
TABLE 49 Japan Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 50 Japan Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 51 Japan Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 52 Japan Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 53 Japan Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 Japan Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 Japan Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 56 Japan Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 57 India Bicycle Market, 2017 - 2020, USD Million
TABLE 58 India Bicycle Market, 2021 - 2027, USD Million
TABLE 59 India Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 60 India Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 61 India Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 62 India Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 63 India Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 64 India Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 65 India Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 66 India Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 67 South Korea Bicycle Market, 2017 - 2020, USD Million
TABLE 68 South Korea Bicycle Market, 2021 - 2027, USD Million
TABLE 69 South Korea Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 70 South Korea Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 71 South Korea Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 72 South Korea Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 73 South Korea Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 74 South Korea Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 75 South Korea Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 76 South Korea Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 77 Singapore Bicycle Market, 2017 - 2020, USD Million
TABLE 78 Singapore Bicycle Market, 2021 - 2027, USD Million
TABLE 79 Singapore Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 80 Singapore Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 81 Singapore Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 82 Singapore Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 83 Singapore Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 84 Singapore Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 85 Singapore Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 86 Singapore Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 87 Malaysia Bicycle Market, 2017 - 2020, USD Million
TABLE 88 Malaysia Bicycle Market, 2021 - 2027, USD Million
TABLE 89 Malaysia Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 90 Malaysia Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 91 Malaysia Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 92 Malaysia Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 93 Malaysia Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 94 Malaysia Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 95 Malaysia Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 96 Malaysia Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Bicycle Market, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Bicycle Market, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 103 Rest of Asia Pacific Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 104 Rest of Asia Pacific Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 105 Rest of Asia Pacific Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 106 Rest of Asia Pacific Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 107 key information – Accell Group
TABLE 108 Key Information – Giant Manufacturing Co. Ltd.
TABLE 109 Key Information – Cervélo
TABLE 110 Key information – SCOTT Sports SA
TABLE 111 Key Information – Merida Industry Co., Ltd.
TABLE 112 Key Information – Specialized Bicycle Components, Inc.

List of Figures
FIG 1 Methodology for the research