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The global bicycle market in 2022 was US$ 1,300 million and is estimated to be US$ 2,650.23 million in 2023. The bicycle market is expected to increase at a CAGR of 8.92% between 2023 and 2033, totaling around US$ 6,229.4 million by 2033.

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[342 pages Report] Bicycle market to reach $6,229.4 million by 2033, with 8.92% CAGR from 2023. Inclination toward healthy lifestyle fuels growth, FMI analysis