Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.61 Billion | USD 22.57 Billion | 7.55% | 2022 |
FrequentlyAsked Questions
Bicycle accessories are additional components attached to a bicycle. The on-road vehicle is mostly human-powered and motor-assisted.
The global bicycle accessories market is projected to grow owing to the increasing number of bicycling activities to maintain or improve health.
According to study, the global bicycle accessories market size was worth around USD 12.61 billion in 2022 and is predicted to grow to around USD 22.57 billion by 2030.
The CAGR value of bicycle accessories market is expected to be around 7.55% during 2023-2030.
The global bicycle accessories market will be led by Asia-Pacific during the forecast period.
The global bicycle accessories market is led by players like Trek Bicycle Corporation, Shimano Inc., Specialized Bicycle Components, Inc., SRAM LLC, Topeak Inc., Giant Manufacturing Co. Ltd., Thule Group, Fox Factory Holding Corp., Park Tool Company, Bell Sports, Inc., Brooks England Ltd., Garmin Ltd., Blackburn Design, CatEye Co., Ltd., and Lezyne.
The report explores crucial aspects of the bicycle accessories market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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