APO RESEARCH · REPORT
Bicycle
Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.
Product & engineering
Understand the product.
Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.
Selected research
Industry Research
Bicycle Industry Research Report 2026
Market perspective
Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.
Global Bicycle key players include Giant Bicycles, Merida, Trek, Hero Cycles, TI Cycles, etc. Global top five manufacturers hold a share about 20%. Europe is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, 20 Inch is the largest segment, with a share about 35%. And in terms of application, the largest application is Transportation Tools, followed by Recreation, Physical Training, Racing, etc.
Report Scope
Read the full market overview
This report quantifies the global Bicycle market in terms of revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Bicycle Market by Company
Giant Bicycles
Hero Cycles
TI Cycles
Trek
Shanghai Phonex
Atlas
Flying Pigeon
Merida
Xidesheng Bicycle
OMYO
Emmelle
Avon Cycles
Tianjin Battle
Cannondale
Libahuang
Specialized
Trinx Bikes
DAHON
Cycoo
Bridgestone Cycle
Laux (Tianjin)
Samchuly Bicycle
Cube
Pacific Cycles
Derby Cycle
Grimaldi Industri
Gazelle
KHS
Forever
Scott Sports
Bicycle Segment by Type
20 Inch
24 Inch
26 Inch
27 Inch
Others
Bicycle Segment by Application
Transportation Tools
Recreation
Racing
Physical Training
Others
Bicycle Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Bicycle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Bicycle and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Bicycle.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Bicycle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Bicycle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Bicycle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 20 Inch
- 24 Inch
- 26 Inch
- 27 Inch
- Others
Applications
- Transportation Tools
- Recreation
- Racing
- Physical Training
- Others
Companies covered
- Giant Bicycles
- Hero Cycles
- TI Cycles
- Trek
- Shanghai Phonex
- Atlas
- Flying Pigeon
- Merida
- Xidesheng Bicycle
- OMYO
- Emmelle
- Avon Cycles
- Tianjin Battle
- Cannondale
- Libahuang
- Specialized
- Trinx Bikes
- DAHON
- Cycoo
- Bridgestone Cycle
- Laux (Tianjin)
- Samchuly Bicycle
- Cube
- Pacific Cycles
- Derby Cycle
- Grimaldi Industri
- Gazelle
- KHS
- Forever
- Scott Sports
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Bicycle Market Size (2021-2032)
- 2.2.2 Global Bicycle Sales (2021-2032)
- 2.2.3 Global Bicycle Market Average Price (2021-2032)
- 2.3 Bicycle by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 20 Inch
- 2.3.3 24 Inch
- 2.3.4 26 Inch
- 2.3.5 27 Inch
- 2.3.6 Others
- 2.4 Bicycle by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Transportation Tools
- 2.4.3 Recreation
- 2.4.4 Racing
- 2.4.5 Physical Training
- 2.4.6 Others
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Bicycle Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Bicycle Sales (K Units) of Manufacturers (2021-2026)
- 3.3 Global Bicycle Revenue of Manufacturers (2021-2026)
- 3.4 Global Bicycle Average Price by Manufacturers (2021-2026)
- 3.5 Global Bicycle Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Bicycle, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Bicycle, Product Type & Application
- 3.8 Global Manufacturers of Bicycle, Established Date
- 3.9 Global Bicycle Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Giant Bicycles
- 4.1.1 Giant Bicycles Company Information
- 4.1.2 Giant Bicycles Business Overview
- 4.1.3 Giant Bicycles Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Giant Bicycles Bicycle Product Portfolio
- 4.1.5 Giant Bicycles Recent Developments
- 4.2 Hero Cycles
- 4.2.1 Hero Cycles Company Information
- 4.2.2 Hero Cycles Business Overview
- 4.2.3 Hero Cycles Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 Hero Cycles Bicycle Product Portfolio
- 4.2.5 Hero Cycles Recent Developments
- 4.3 TI Cycles
- 4.3.1 TI Cycles Company Information
- 4.3.2 TI Cycles Business Overview
- 4.3.3 TI Cycles Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 TI Cycles Bicycle Product Portfolio
- 4.3.5 TI Cycles Recent Developments
- 4.4 Trek
- 4.4.1 Trek Company Information
- 4.4.2 Trek Business Overview
- 4.4.3 Trek Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 Trek Bicycle Product Portfolio
- 4.4.5 Trek Recent Developments
- 4.5 Shanghai Phonex
- 4.5.1 Shanghai Phonex Company Information
- 4.5.2 Shanghai Phonex Business Overview
- 4.5.3 Shanghai Phonex Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 Shanghai Phonex Bicycle Product Portfolio
- 4.5.5 Shanghai Phonex Recent Developments
- 4.6 Atlas
- 4.6.1 Atlas Company Information
- 4.6.2 Atlas Business Overview
- 4.6.3 Atlas Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 Atlas Bicycle Product Portfolio
- 4.6.5 Atlas Recent Developments
- 4.7 Flying Pigeon
- 4.7.1 Flying Pigeon Company Information
- 4.7.2 Flying Pigeon Business Overview
- 4.7.3 Flying Pigeon Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Flying Pigeon Bicycle Product Portfolio
- 4.7.5 Flying Pigeon Recent Developments
- 4.8 Merida
- 4.8.1 Merida Company Information
- 4.8.2 Merida Business Overview
- 4.8.3 Merida Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Merida Bicycle Product Portfolio
- 4.8.5 Merida Recent Developments
- 4.9 Xidesheng Bicycle
- 4.9.1 Xidesheng Bicycle Company Information
- 4.9.2 Xidesheng Bicycle Business Overview
- 4.9.3 Xidesheng Bicycle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 Xidesheng Bicycle Bicycle Product Portfolio
- 4.9.5 Xidesheng Bicycle Recent Developments
- 4.10 OMYO
- 4.10.1 OMYO Company Information
- 4.10.2 OMYO Business Overview
- 4.10.3 OMYO Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 OMYO Bicycle Product Portfolio
- 4.10.5 OMYO Recent Developments
- 4.11 Emmelle
- 4.11.1 Emmelle Company Information
- 4.11.2 Emmelle Business Overview
- 4.11.3 Emmelle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.11.4 Emmelle Bicycle Product Portfolio
- 4.11.5 Emmelle Recent Developments
- 4.12 Avon Cycles
- 4.12.1 Avon Cycles Company Information
- 4.12.2 Avon Cycles Business Overview
- 4.12.3 Avon Cycles Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.12.4 Avon Cycles Bicycle Product Portfolio
- 4.12.5 Avon Cycles Recent Developments
- 4.13 Tianjin Battle
- 4.13.1 Tianjin Battle Company Information
- 4.13.2 Tianjin Battle Business Overview
- 4.13.3 Tianjin Battle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.13.4 Tianjin Battle Bicycle Product Portfolio
- 4.13.5 Tianjin Battle Recent Developments
- 4.14 Cannondale
- 4.14.1 Cannondale Company Information
- 4.14.2 Cannondale Business Overview
- 4.14.3 Cannondale Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.14.4 Cannondale Bicycle Product Portfolio
- 4.14.5 Cannondale Recent Developments
- 4.15 Libahuang
- 4.15.1 Libahuang Company Information
- 4.15.2 Libahuang Business Overview
- 4.15.3 Libahuang Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.15.4 Libahuang Bicycle Product Portfolio
- 4.15.5 Libahuang Recent Developments
- 4.16 Specialized
- 4.16.1 Specialized Company Information
- 4.16.2 Specialized Business Overview
- 4.16.3 Specialized Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.16.4 Specialized Bicycle Product Portfolio
- 4.16.5 Specialized Recent Developments
- 4.17 Trinx Bikes
- 4.17.1 Trinx Bikes Company Information
- 4.17.2 Trinx Bikes Business Overview
- 4.17.3 Trinx Bikes Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.17.4 Trinx Bikes Bicycle Product Portfolio
- 4.17.5 Trinx Bikes Recent Developments
- 4.18 DAHON
- 4.18.1 DAHON Company Information
- 4.18.2 DAHON Business Overview
- 4.18.3 DAHON Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.18.4 DAHON Bicycle Product Portfolio
- 4.18.5 DAHON Recent Developments
- 4.19 Cycoo
- 4.19.1 Cycoo Company Information
- 4.19.2 Cycoo Business Overview
- 4.19.3 Cycoo Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.19.4 Cycoo Bicycle Product Portfolio
- 4.19.5 Cycoo Recent Developments
- 4.20 Bridgestone Cycle
- 4.20.1 Bridgestone Cycle Company Information
- 4.20.2 Bridgestone Cycle Business Overview
- 4.20.3 Bridgestone Cycle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.20.4 Bridgestone Cycle Bicycle Product Portfolio
- 4.20.5 Bridgestone Cycle Recent Developments
- 4.21 Laux (Tianjin)
- 4.21.1 Laux (Tianjin) Company Information
- 4.21.2 Laux (Tianjin) Business Overview
- 4.21.3 Laux (Tianjin) Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.21.4 Laux (Tianjin) Bicycle Product Portfolio
- 4.21.5 Laux (Tianjin) Recent Developments
- 4.22 Samchuly Bicycle
- 4.22.1 Samchuly Bicycle Company Information
- 4.22.2 Samchuly Bicycle Business Overview
- 4.22.3 Samchuly Bicycle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.22.4 Samchuly Bicycle Bicycle Product Portfolio
- 4.22.5 Samchuly Bicycle Recent Developments
- 4.23 Cube
- 4.23.1 Cube Company Information
- 4.23.2 Cube Business Overview
- 4.23.3 Cube Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.23.4 Cube Bicycle Product Portfolio
- 4.23.5 Cube Recent Developments
- 4.24 Pacific Cycles
- 4.24.1 Pacific Cycles Company Information
- 4.24.2 Pacific Cycles Business Overview
- 4.24.3 Pacific Cycles Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.24.4 Pacific Cycles Bicycle Product Portfolio
- 4.24.5 Pacific Cycles Recent Developments
- 4.25 Derby Cycle
- 4.25.1 Derby Cycle Company Information
- 4.25.2 Derby Cycle Business Overview
- 4.25.3 Derby Cycle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.25.4 Derby Cycle Bicycle Product Portfolio
- 4.25.5 Derby Cycle Recent Developments
- 4.26 Grimaldi Industri
- 4.26.1 Grimaldi Industri Company Information
- 4.26.2 Grimaldi Industri Business Overview
- 4.26.3 Grimaldi Industri Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.26.4 Grimaldi Industri Bicycle Product Portfolio
- 4.26.5 Grimaldi Industri Recent Developments
- 4.27 Gazelle
- 4.27.1 Gazelle Company Information
- 4.27.2 Gazelle Business Overview
- 4.27.3 Gazelle Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.27.4 Gazelle Bicycle Product Portfolio
- 4.27.5 Gazelle Recent Developments
- 4.28 KHS
- 4.28.1 KHS Company Information
- 4.28.2 KHS Business Overview
- 4.28.3 KHS Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.28.4 KHS Bicycle Product Portfolio
- 4.28.5 KHS Recent Developments
- 4.29 Forever
- 4.29.1 Forever Company Information
- 4.29.2 Forever Business Overview
- 4.29.3 Forever Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.29.4 Forever Bicycle Product Portfolio
- 4.29.5 Forever Recent Developments
- 4.30 Scott Sports
- 4.30.1 Scott Sports Company Information
- 4.30.2 Scott Sports Business Overview
- 4.30.3 Scott Sports Bicycle Sales, Revenue and Gross Margin (2021-2026)
- 4.30.4 Scott Sports Bicycle Product Portfolio
- 4.30.5 Scott Sports Recent Developments
5 Global Bicycle Market Scenario by Region
- 5.1 Global Bicycle Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Bicycle Sales by Region: 2021-2032
- 5.2.1 Global Bicycle Sales by Region: 2021-2026
- 5.2.2 Global Bicycle Sales by Region: 2027-2032
- 5.3 Global Bicycle Revenue by Region: 2021-2032
- 5.3.1 Global Bicycle Revenue by Region: 2021-2026
- 5.3.2 Global Bicycle Revenue by Region: 2027-2032
- 5.4 North America Bicycle Market Facts & Figures by Country
- 5.4.1 North America Bicycle Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Bicycle Sales by Country (2021-2032)
- 5.4.3 North America Bicycle Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Bicycle Market Facts & Figures by Country
- 5.5.1 Europe Bicycle Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Bicycle Sales by Country (2021-2032)
- 5.5.3 Europe Bicycle Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Bicycle Market Facts & Figures by Country
- 5.6.1 Asia Pacific Bicycle Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Bicycle Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Bicycle Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Bicycle Market Facts & Figures by Country
- 5.7.1 South America Bicycle Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Bicycle Sales by Country (2021-2032)
- 5.7.3 South America Bicycle Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Bicycle Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Bicycle Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Bicycle Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Bicycle Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Bicycle Sales by Type (2021-2032)
- 6.1.1 Global Bicycle Sales by Type (2021-2032) & (K Units)
- 6.1.2 Global Bicycle Sales Market Share by Type (2021-2032)
- 6.2 Global Bicycle Revenue by Type (2021-2032)
- 6.2.1 Global Bicycle Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Bicycle Revenue Market Share by Type (2021-2032)
- 6.3 Global Bicycle Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Bicycle Sales by Application (2021-2032)
- 7.1.1 Global Bicycle Sales by Application (2021-2032) & (K Units)
- 7.1.2 Global Bicycle Sales Market Share by Application (2021-2032)
- 7.2 Global Bicycle Revenue by Application (2021-2032)
- 7.2.1 Global Bicycle Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Bicycle Revenue Market Share by Application (2021-2032)
- 7.3 Global Bicycle Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Bicycle Value Chain Analysis
- 8.1.1 Bicycle Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Bicycle Production Mode & Process
- 8.2 Bicycle Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Bicycle Distributors
- 8.2.3 Bicycle Customers
9 Global Bicycle Analyzing Market Dynamics
- 9.1 Bicycle Industry Trends
- 9.2 Bicycle Industry Drivers
- 9.3 Bicycle Industry Opportunities and Challenges
- 9.4 Bicycle Industry Restraints
10 Report Conclusion
11 Disclaimer
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