The revenue in the bicycles market in Costa Rica was forecast to decrease between 2024 and 2029 by in total 0.4 million U.S. dollars (-1.41 percent). This overall decrease does not happen continuously, notably not in 2027, 2028 and 2029. The revenue is estimated to amount to 27.94 million U.S. dollars in 2029.
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Data provided by Statista Market Insights are estimates.
Definition:
Bicycles are means of transport designed to transport people and goods for professional and private purposes. They are used for leisure activities such as travelling or for physical exercise. Depending on the specific purpose and rider, bicycles come in different shapes and features.
They are powered by mere human strength or additionally with an assisting electrical engine. Unlike electrically powered scooters and mopeds, electrical bicycles always have pedals allowing them to be ridden with human power.
In recent years, different renting models have been established such as bike-sharing, in which bicycles can be rented for a defined period in exchange for a fee. These rented bikes are not included in this market outlook. Only bikes that were purchased for ownership are covered.
Structure:
The bicycles market covers all types of bicycles including road and racing bicycles, off-road bicycles, special purpose bicycles, electrical bicycles, hybrid bicycles, as well as bicycle supplies. However, motorcycles, scooters, mopeds, secondhand bicycles, as well as bikes purchased by bike-sharing services are not included.
Additional information:
The market comprises the number of bicycles sold, the average price paid per bicycle, revenue, and revenue growth as the key performance indicators. Revenue is derived as the product of the average price per bicycle times the number of bicycles purchased. Therefore, revenue excludes any profits from bike-sharing fees. Revenues are including VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included.
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Statista. (September 10, 2024). Revenue in the bicycles market in Costa Rica from 2017 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/
Statista. "Revenue in the bicycles market in Costa Rica from 2017 to 2029 (in million U.S. dollars)." Chart. September 10, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/
Statista. (2024). Revenue in the bicycles market in Costa Rica from 2017 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/
Statista. "Revenue in The Bicycles Market in Costa Rica from 2017 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/
Statista, Revenue in the bicycles market in Costa Rica from 2017 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/ (last visited November 03, 2024)
Revenue in the bicycles market in Costa Rica from 2017 to 2029 (in million U.S. dollars) [Graph], Statista, September 10, 2024. [Online]. Available: https://www.statista.com/statistics/1396888/revenue-bicycles-market-costa-rica/