The value of the European bicycle market is expected to grow from a value of 16.4 billion U.S. dollars in 2021 to 33.61 billion U.S. dollars in 2027. While the total market value is projected to continue to rise, the year-on year growth is expected to slow from 17 percent between 2021 and 2022 to around 12 percent each year between 2022 and 2027.
European bicycle market size in 2021, with a forecast from 2022 to 2027
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Mobility Foresights. (July 31, 2021). European bicycle market size in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/
Mobility Foresights. "European bicycle market size in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars)." Chart. July 31, 2021. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/
Mobility Foresights. (2021). European bicycle market size in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/
Mobility Foresights. "European Bicycle Market Size in 2021, with a Forecast from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2021, https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/
Mobility Foresights, European bicycle market size in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/ (last visited January 06, 2025)
European bicycle market size in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, July 31, 2021. [Online]. Available: https://www.statista.com/statistics/1356741/bicycle-market-forecast-europe/
