The United States bicycle market is projected to grow to a value of 7 billion U.S. dollars by 2027. Revenues in the bicycle market went up by 50 percent during the COVID-19 pandemic, rising to 6 billion U.S. dollars. While revenue dropped again in 2022, it is projected to start rising again from 2023.
Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027
(in billion U.S. dollars)
Characteristic
Bicycle market revenue in billion USD
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The analysis includes road and racing bicycles such as cruiser, standard, gravel road-, touring-, and fixed gear bikes; Off-road bicycles such as mountain bikes and cyclocross bikes; Special purpose bicycles such as folding-, BMX-, recumbent-, cargo, and kid´s bikes; Electrical and hybrid bicycles; Bicycle supplies such as bags, locks, separate bicycle baskets; Bicycle spare parts such as bicycle tubes, bicycle tires; New bicycles, e.g., new road and racing bicycles, new off-road bicycles.
Motorcycles, scooters, mopeds; Secondhand bicycles; Bike-sharing bicycles; Rented bicycles are out of scope of the analysis.
Data is an estimae modelled by Statista.
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Statista Mobility Market Insights. (April 1, 2023). Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/
Statista Mobility Market Insights. "Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027 (in billion U.S. dollars)." Chart. April 1, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/
Statista Mobility Market Insights. (2023). Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/
Statista Mobility Market Insights. "Bicycle Market Revenue in The United States from 2015 to 2022, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Apr 2023, https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/
Statista Mobility Market Insights, Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/ (last visited June 18, 2024)
Bicycle market revenue in the United States from 2015 to 2022, with a forecast through 2027 (in billion U.S. dollars) [Graph], Statista Mobility Market Insights, April 1, 2023. [Online]. Available: https://www.statista.com/statistics/1405931/bicycle-revenue-forecast-us/