- Press Release -

Rockville, Md. The global men's bicycle market is set for steady, if sluggish, growth through 2022, according to Fact.MR. Better designs and high-performance models help, and governments in several countries are promoting cycling to ease congestion and cut emissions, but cars still hold the edge on efficiency for longer trips and many consumers turn to gym equipment for exercise.

Hybrid bicycles lead the product mix, conventional bikes dominate by technology, and the mid-range price tier carries most demand. Asia Pacific excluding Japan is the most attractive region.

Products, Technology and Channels

Hybrid bicycles are the most attractive product, at more than 37% of revenue and set to pass US$ 9.6 Bn by 2022. Conventional bikes hold more than two-thirds of revenue and head past US$ 20.4 Bn by 2022, well ahead of electric models. The mid-range price tier dominates at close to 60% of revenue, and independent outlets remain a significant channel, growing at a 3.1% CAGR.

Asia Pacific excluding Japan is the most attractive region, helped by urgency around air pollution, while North America grows as consumers shift toward eco-friendly transport.

Green Commuting Drives Demand

The market runs on sustainability and health. Bicycles remain a low-cost, healthy and clean way to travel, and policy support reinforces that, but functional limits on longer trips and the spread of cities that lengthen commutes temper demand through the forecast period.

Suppliers and Their Playbook

The field brings together global and regional cycle makers.

• Trek Bicycle Corporation, Youngone Corporation, Accell Group N.V., Merida Industry Co. Ltd., Samchuly Bicycle Co., Ltd., Giant Manufacturing Co., Ltd., Atlas Cycles (Haryana) Limited, Tube Investments of India Limited, Dorel Industries Inc., and Tandem Group plc are among the key players in the report.

Reading the Market for Decisions

For makers, growth favours hybrid and mid-range bikes and independent-outlet reach. Investors get a mature market with steady demand and an electric upside. Procurement and retail teams can plan around hybrid and conventional bikes carrying volume and Asia Pacific offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global men's bicycle market for the 2017 to 2022 forecast period, with segmentation by product, technology, price range, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the men's bicycle market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.