Bicycle goods market size in Japan 2015-2024
The domestic shipment value of bicycle sports equipment in Japan was forecasted to reach approximately 46.7 billion Japanese yen in 2024. The bicycle equipment market is one of the few segments within the sporting goods market to continue its general upward trend despite the slump that was seen in most other sporting goods segments.
Bicycle sports gear made up approximately 2.5 percent of the Japanese sporting goods market in recent years.