Europe 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 Europe Bicycle Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).

People are spending more time at home, both at work and in their spare time. People are willing to invest more in family extracurricular activities. This factor is allowing people to invest more for themselves. Due to this, people would consider riding as a means in order to adjust to new recreational opportunities as they stay and work closer to home. People would display an increased emphasis on health, wealth preservation, security, wellbeing, and fitness as cycling activities grow more interesting and compelling.

Consumers are becoming increasingly interested in transportation, personal health, utility, and well-being as a result of the efforts of various market players. Consumers are also willing to pay more to meet their mobility, health, wellness, and exercise demands. Previously, a lot of people's disposable income was spent on things like clothes, travel, dining out, as well as entertainment. People who are unable to flee are eager to spend money on things that provide personal delight and involvement. These factors are more likely to rapidly expedite the demand for bicycles among consumers.

The increasing development of the bicycle industry across this region is due to favorable government support for the construction of paddle cycle charging infrastructure in countries including Norway, the United Kingdom, and Germany, which has resulted in an increase in demand for electric bikes in the region. For example, the UK government proposed spending approximately USD 2,000 million in May 2020 to expand cycling and walking infrastructure in the UK. Additionally, rising leisure and outdoor activities trends among the region's population are propelling the market forward.

Moreover, according to the United Kingdom Bicycle Association, bicycle sales climbed by 63 percent year over year between April and June 2020. Bike sales under GBP 1,000 were the best, however, GBP 1,000+ e-bikes also performed well with a sales gain of 150 percent. Moreover, government agencies in European countries touring and leisure cycling, promote road racing, track racing, as well as off-road racing events, such as Cycling Ireland. According to the Irish Sports Council, Sport Ireland's investment in Cycling Ireland surged from EUR 292.5 thousand in 2015 to EUR 440 thousand in 2019, encouraging consumers to participate in a variety of cycling activities across Ireland.

The Germany market dominated the Europe Bicycle Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,552.8 Million by 2027. The UK market is experiencing a CAGR of 6.6% during (2021 - 2027). Additionally, The France market would display a CAGR of 8.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Bicycle Market Size will Hit $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

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

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 Europe Bicycle Market, by Technology
1.4.2 Europe Bicycle Market, by End User
1.4.3 Europe Bicycle Market, by Distribution Channel
1.4.4 Europe Bicycle Market, by Product
1.4.5 Europe 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. Europe Bicycle Market by Technology
4.1 Europe Conventional Market by Country
4.2 Europe Electric Market by Country

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

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

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

Chapter 8. Europe Bicycle Market by Country
8.1 Germany Bicycle Market
8.1.1 Germany Bicycle Market by Technology
8.1.2 Germany Bicycle Market by End-user
8.1.3 Germany Bicycle Market by Distribution Channel
8.1.4 Germany Bicycle Market by Product
8.2 UK Bicycle Market
8.2.1 UK Bicycle Market by Technology
8.2.2 UK Bicycle Market by End-user
8.2.3 UK Bicycle Market by Distribution Channel
8.2.4 UK Bicycle Market by Product
8.3 France Bicycle Market
8.3.1 France Bicycle Market by Technology
8.3.2 France Bicycle Market by End-user
8.3.3 France Bicycle Market by Distribution Channel
8.3.4 France Bicycle Market by Product
8.4 Russia Bicycle Market
8.4.1 Russia Bicycle Market by Technology
8.4.2 Russia Bicycle Market by End-user
8.4.3 Russia Bicycle Market by Distribution Channel
8.4.4 Russia Bicycle Market by Product
8.5 Spain Bicycle Market
8.5.1 Spain Bicycle Market by Technology
8.5.2 Spain Bicycle Market by End-user
8.5.3 Spain Bicycle Market by Distribution Channel
8.5.4 Spain Bicycle Market by Product
8.6 Italy Bicycle Market
8.6.1 Italy Bicycle Market by Technology
8.6.2 Italy Bicycle Market by End-user
8.6.3 Italy Bicycle Market by Distribution Channel
8.6.4 Italy Bicycle Market by Product
8.7 Rest of Europe Bicycle Market
8.7.1 Rest of Europe Bicycle Market by Technology
8.7.2 Rest of Europe Bicycle Market by End-user
8.7.3 Rest of Europe Bicycle Market by Distribution Channel
8.7.4 Rest of Europe 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 Europe Bicycle Market, 2017 - 2020, USD Million
TABLE 2 Europe Bicycle Market, 2021 - 2027, USD Million
TABLE 3 Europe Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 4 Europe Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 5 Europe Conventional Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Conventional Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Electric Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Electric Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 10 Europe Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 11 Europe Men Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Men Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Women Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Women Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Kids Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Kids Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 18 Europe Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 19 Europe Offline Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Offline Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Online Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Online Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 24 Europe Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 25 Europe Road Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Road Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Mountain Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Mountain Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Cargo Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Cargo Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Bicycle Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Bicycle Market by Country, 2021 - 2027, USD Million
TABLE 37 Germany Bicycle Market, 2017 - 2020, USD Million
TABLE 38 Germany Bicycle Market, 2021 - 2027, USD Million
TABLE 39 Germany Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 40 Germany Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 41 Germany Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 42 Germany Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 43 Germany Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 44 Germany Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 45 Germany Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 46 Germany Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 47 UK Bicycle Market, 2017 - 2020, USD Million
TABLE 48 UK Bicycle Market, 2021 - 2027, USD Million
TABLE 49 UK Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 50 UK Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 51 UK Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 52 UK Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 53 UK Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 UK Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 UK Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 56 UK Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 57 France Bicycle Market, 2017 - 2020, USD Million
TABLE 58 France Bicycle Market, 2021 - 2027, USD Million
TABLE 59 France Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 60 France Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 61 France Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 62 France Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 63 France Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 64 France Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 65 France Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 66 France Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 67 Russia Bicycle Market, 2017 - 2020, USD Million
TABLE 68 Russia Bicycle Market, 2021 - 2027, USD Million
TABLE 69 Russia Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 70 Russia Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 71 Russia Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 72 Russia Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 73 Russia Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 74 Russia Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 75 Russia Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 76 Russia Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 77 Spain Bicycle Market, 2017 - 2020, USD Million
TABLE 78 Spain Bicycle Market, 2021 - 2027, USD Million
TABLE 79 Spain Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 80 Spain Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 81 Spain Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 82 Spain Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 83 Spain Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 84 Spain Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 85 Spain Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 86 Spain Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 87 Italy Bicycle Market, 2017 - 2020, USD Million
TABLE 88 Italy Bicycle Market, 2021 - 2027, USD Million
TABLE 89 Italy Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 90 Italy Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 91 Italy Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 92 Italy Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 93 Italy Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 94 Italy Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 95 Italy Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 96 Italy Bicycle Market by Product, 2021 - 2027, USD Million
TABLE 97 Rest of Europe Bicycle Market, 2017 - 2020, USD Million
TABLE 98 Rest of Europe Bicycle Market, 2021 - 2027, USD Million
TABLE 99 Rest of Europe Bicycle Market by Technology, 2017 - 2020, USD Million
TABLE 100 Rest of Europe Bicycle Market by Technology, 2021 - 2027, USD Million
TABLE 101 Rest of Europe Bicycle Market by End-user, 2017 - 2020, USD Million
TABLE 102 Rest of Europe Bicycle Market by End-user, 2021 - 2027, USD Million
TABLE 103 Rest of Europe Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 104 Rest of Europe Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 105 Rest of Europe Bicycle Market by Product, 2017 - 2020, USD Million
TABLE 106 Rest of Europe 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