In 2021, the U.S. bicycle market was valued at 5.18 billion U.S. dollars. Over the coming years the market is projected to nearly double, growing to a value of about 9.5 billion U.S. dollars by 2027. This development follows a worldwide trend, with the global bicycle market expected to nearly double in the same period.
Bicycle market size in the U.S. in 2021, with a forecast from 2022 to 2027
(in billion U.S. dollars)
Characteristic
Market size in billion USD
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Mobility Foresights. (July 31, 2021). Bicycle market size in the U.S. in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1356743/bicycle-market-forecast-usa/
Mobility Foresights. "Bicycle market size in the U.S. in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars)." Chart. July 31, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1356743/bicycle-market-forecast-usa/
Mobility Foresights. (2021). Bicycle market size in the U.S. in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1356743/bicycle-market-forecast-usa/
Mobility Foresights. "Bicycle Market Size in The U.S. 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/1356743/bicycle-market-forecast-usa/
Mobility Foresights, Bicycle market size in the U.S. in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1356743/bicycle-market-forecast-usa/ (last visited August 24, 2024)
Bicycle market size in the U.S. 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/1356743/bicycle-market-forecast-usa/