Europe Bicycle Market Analysis by Mordor Intelligence
The Europe bicycle market, valued at USD 29.97 billion in 2025, is expected to reach USD 46.98 billion by 2030, growing at a CAGR of 9.41%. The market's expansion is driven by the continent's shift toward sustainable urban mobility, supported by government infrastructure investments and corporate wellness programs addressing traffic congestion and environmental concerns. Consumer preferences are evolving toward premium and specialized segments, particularly in e-bikes, where buyers demonstrate willingness to invest in advanced features and technology. Additionally, the increasing adoption of cycling for fitness and leisure activities, combined with growing environmental consciousness, positions bicycles as both a recreational choice and a sustainable transportation solution. The market benefits from a robust distribution network, encompassing traditional brick-and-mortar retailers, specialized bicycle shops, and growing online sales channels. Furthermore, innovations in bicycle design, materials, and manufacturing processes continue to enhance product durability and performance, meeting the diverse needs of both casual riders and cycling enthusiasts.
Key Report Takeaways
- By product type, e-bicycles captured 48.76% of the Europe bicycle market share in 2024 and are set to expand at an 11.01% CAGR to 2030.
- By design, regular bicycles commanded 86.56% of the market size in 2024, while folding models exhibit the fastest CAGR at 10.44% through 2030, led by space-constrained urban centers such as Paris and Barcelona.
- By end-user, men led with 47.89% revenue share in 2024; the children’s segment posts the strongest growth trajectory with a 10.03% CAGR toward 2030.
- By distribution channel, offline retail dominated 81.23% of the Europe bicycle market size in 2024, whereas online platforms are forecast to advance at an 11.24% CAGR.
- By geography, Germany contributed 28.04% of the Europe bicycle market in 2024; Spain is the fastest-growing national market with a 10.76% CAGR to 2030, supported by EU-funded lane expansions.
Europe Bicycle Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Growing Traffic Congestion in Cities Drives Adoption of Bicycles for Daily Commuting | +2.1% | Germany, Netherlands, France | Medium term (2-4 years) |
| Rising Health Consciousness and Fitness Trends Accelerate Cycling Activities | +1.8% | Nordic region, Netherlands, pan-EU | Long term (≥ 4 years) |
| Increasing Government Initiatives Promote Adoption of Sustainable Transportation | +2.3% | EU-wide; strongest in Germany, France, Spain | Short term (≤ 2 years) |
| Growing Environmental Awareness and Focus on Sustainability Boost Bicycle Adoption | +1.6% | Northern and Western Europe | Long term (≥ 4 years) |
| Implementation Of Corporate Wellness Programs Promotes Bicycle Usage Among Employees | +1.4% | Germany, Netherlands, Belgium; expanding EU-wide | Medium term (2-4 years) |
| Escalating Fuel Costs Make Bicycles an Economical Transportation Choice | +0.9% | Eastern Europe | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Growing Traffic Congestion in Cities Drives Adoption of Bicycles for Daily Commuting
Urban congestion in European metropolitan areas has reached critical levels, prompting cities to adopt cycling as a primary solution for first- and last-mile connectivity. The European Commission's Expert Group on Urban Mobility recommendations in February 2025 emphasize cycling infrastructure development within Sustainable Urban Mobility Plans [1]Source: European Commission, “Expert Group on Urban Mobility Presents Work to Advance Sustainable Urban Mobility,” europa.eu. Cities like Brussels demonstrate successful implementation through initiatives such as the Good Move plan, which aims to reduce car traffic by 24% by 2030 [2]Source: European Cyclists’ Federation, “Good Move: Brussels Takes Another Step in the Right Direction,” ecf.com. The integration of cycling with public transport systems creates efficiency gains by reducing pressure on transit networks while extending their reach. As municipalities implement low-emission zones and car access restrictions in city centers, coupled with rising parking costs and congestion charges, cycling has become both an economically advantageous and necessary component of urban mobility systems. The adoption of cycling infrastructure has shown measurable improvements in air quality and noise reduction in urban areas where comprehensive networks have been implemented. Additionally, cities that have invested in dedicated cycling lanes and secure bicycle parking facilities report increased citizen satisfaction and higher rates of modal shift from private vehicles to bicycles.
Rising Health Consciousness and Fitness Trends Accelerate Cycling Activities
Post-pandemic health awareness has accelerated the shift toward active transportation, with cycling gaining traction as both a fitness activity and a sustainable commuting solution. Corporate wellness programs increasingly reflect this trend by offering bike subsidies, mileage reimbursements, and cycling allowances as part of broader employee benefits. For example, SAP supports employee cycling through financial incentives for purchasing bicycles and e-bikes, as well as providing on-site parking and maintenance facilities. This institutional encouragement has fueled demand for premium bicycles and gear, creating new value-driven segments in the market. Simultaneously, urban centers are investing in cycling infrastructure, such as dedicated bike lanes and secure storage, to support this modal shift. As priorities continue to evolve around preventive healthcare and work-life balance, cycling is becoming firmly embedded in the modern lifestyle, particularly in Europe's metropolitan areas. The integration of cycling into daily routines has also prompted manufacturers to develop innovative products that cater to both recreational and professional cyclists, from advanced safety features to performance-enhancing technologies.
Increasing Government Initiatives Promote Adoption of Sustainable Transportation
The European Union has significantly elevated cycling's status from a recreational activity to a key component of transport policy. In April 2024, the European Declaration on Cycling was signed by the European Council, Commission, and Parliament, officially recognizing cycling as a fully-fledged mode of transport [3]Source: European Cyclists’ Federation, “2024: A Year of Breakthroughs for Cycling,” ecf.com. The declaration acknowledges cycling as one of the most sustainable, accessible, inclusive, low-cost, and healthy forms of transport, emphasizing its importance for European society and economy. Individual member states are also implementing supportive measures, as demonstrated by Spain's directive to cities regarding the utilization of EU funds for bicycle infrastructure and low-emission zones. This coordinated approach at both the EU and national levels is driving the growth of the European bicycle market. The implementation of these policies has resulted in increased investment in cycling infrastructure across major European cities, including dedicated bike lanes, secure parking facilities, and bike-sharing systems. Furthermore, the growing emphasis on sustainable urban mobility has encouraged both public and private sector stakeholders to develop innovative solutions for integrating cycling into existing transportation networks.
Growing Environmental Awareness and Focus on Sustainability Boost Bicycle Adoption
Climate consciousness has evolved from a consumer preference to a regulatory requirement, with cycling emerging as a measurable solution for carbon reduction targets. The European Environment Agency's 2024 report indicates approximately 70,000 deaths in the EU due to acute ozone exposure resulting from environmental degradation [4]Source: European Environment Agency, “Air Pollution in Europe—Key Health Estimates,” eea.europa.eu. This environmental imperative has created distinct market segments of environmentally conscious consumers willing to pay premium prices for sustainable transportation options, further accelerating bicycle adoption across Europe. Governments across the region are implementing stricter emissions regulations and sustainable mobility initiatives, making bicycles an increasingly attractive transportation alternative. The growing emphasis on reducing carbon footprints in urban areas has led to significant investments in cycling infrastructure, including dedicated bike lanes and secure parking facilities, supporting the market's expansion. These infrastructure developments, combined with increasing environmental awareness, have resulted in a notable shift in urban transportation preferences, with more residents choosing bicycles for their daily commutes.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Alternative Transportation Options Such as Motorcycles and Rapid Transit Systems Reduce Bicycle Adoption Rates | -1.2% | Southern Europe, transit-rich metros | Medium term (2-4 years) |
| Proliferation of Fake Bicycle Products Negatively Impacts Market Expansion | -0.8% | Eastern Europe, e-commerce channels | Short term (≤ 2 years) |
| Elevated Prices of Electric Bicycles Limit Widespread Consumer Acceptance Across Regions | -1.5% | Eastern Europe, price-sensitive segments | Medium term (2-4 years) |
| Inadequate Road Infrastructure in Rural Regions Affects Bicycle Riding Experience | -0.7% | Rural Eastern Europe | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Alternative Transportation Options Such as Motorcycles and Rapid Transit Systems Reduce Bicycle Adoption Rates
The extensive public transport networks in major European cities create competition for bicycle adoption, particularly where metro and bus systems provide faster travel times and protection from weather during longer commutes. Cities with comprehensive rapid transit systems face integration challenges, as cycling often competes with subsidized public transport instead of serving as a complementary first-and-last-mile solution. In Southern European markets, motorcycle and scooter sharing services have gained popularity by offering motorized transport that attracts consumers concerned about physical effort and weather exposure while cycling. The emergence of integrated mobility-as-a-service platforms presents opportunities for cycling to become part of comprehensive transport solutions rather than a standalone option. Transportation authorities are working to develop infrastructure that enables seamless transitions between cycling and public transit through secure bike parking facilities at stations and bike-friendly carriages on trains. Municipal governments are also implementing policies to encourage multimodal transport integration through unified payment systems and coordinated route planning applications.
Proliferation of Fake Bicycle Products Negatively Impacts Market Expansion
The presence of counterfeit bicycle products, especially in the e-bike segment, creates safety risks and affects consumer confidence in European markets. E-bike components, including batteries and electronic systems, are complex, making them susceptible to substandard products that do not meet EU safety standards. These non-compliant products can cause accidents or fires, damaging the reputation of the entire e-bike industry. The European Commission implements technical regulations and standardization initiatives to protect the European electric bicycle industry and address quality issues. While manufacturers invest in anti-counterfeiting measures and authorized dealer networks, these protective measures increase product costs, limiting market access for price-sensitive consumers. Industry associations and regulatory bodies conduct regular market surveillance to identify and remove counterfeit products from distribution channels. Additionally, manufacturers are implementing digital authentication systems and QR codes to help consumers verify the authenticity of e-bike components before purchase.
Segment Analysis
By Product Type: E-Bicycles Accelerate Market Transformation
The electric bicycle segment commands a dominant 48.76% market share in 2024 and is expected to expand at a CAGR of 11.01% through 2030. This market leadership position is driven by increasing mainstream acceptance, especially in urban transportation where electric assistance effectively addresses common cycling barriers like hills, distance, and physical effort. The integration of advanced battery technology and improved motor efficiency has made e-bikes more reliable and cost-effective for daily use. Consumer awareness of environmental benefits and government incentives for sustainable transportation solutions further accelerate e-bike adoption across various demographics.
Mountain/All-Terrain and Road/City bicycles maintain their established positions in recreational and traditional commuting segments respectively, though they increasingly compete with the rising e-bike category. Hybrid bicycles continue to appeal to consumers who prioritize versatility and balanced performance, offering multi-purpose functionality without the additional complexity and cost of electric systems. The enduring popularity of these conventional bicycle categories is supported by their lower maintenance requirements and appeal to fitness-oriented consumers. Additionally, improvements in lightweight materials and component technology enhance the riding experience across these traditional segments.
Note: Segment shares of all individual segments available upon report purchase
By Design: Regular Bikes Dominate Despite Folding Innovation
Regular bicycles maintain their market dominance with an 86.56% share in 2024, as consumers consistently choose traditional bicycle formats for their proven performance, long-term durability, and cost-effectiveness across most cycling applications. The widespread availability of spare parts and established service networks further reinforces the appeal of traditional bikes, particularly in regions with well-developed cycling infrastructure. While conventional bikes retain their strong market position, the folding bike segment demonstrates significant growth potential with a projected CAGR of 10.44% through 2030, driven by innovations in hinge mechanisms and advanced frame materials that successfully address historical performance limitations while minimizing weight concerns.
The rising urban population density and limited living spaces in major European cities continue to fuel the demand for folding bikes, as these versatile vehicles provide space-efficient transportation and convenient storage solutions for apartment dwellers, eliminating worries about theft and weather damage associated with outdoor parking. The successful integration of folding mechanisms with electric bike technology has established a premium market segment that particularly appeals to urban commuters seeking both compact storage capabilities and extended travel range, strengthening the growth trajectory of the folding bike category. This trend is further supported by municipal policies promoting sustainable transportation alternatives and the increasing adoption of mixed-mode commuting, where cyclists combine bike travel with public transit.
By End-User: Men Lead While Children Drive Growth
Men hold a dominant position in the cycling market with a 47.89% share in 2024, attributed to their higher engagement in both commuting and recreational cycling activities. This dominance reflects historical participation patterns and established cycling cultures across various regions. However, the market dynamics are experiencing significant shifts, with the children's segment emerging as the fastest-growing category, projected to expand at a 10.03% CAGR through 2030. This remarkable growth trajectory is driven by increasing parental emphasis on active transportation methods and early cycling education, reflecting a broader societal shift toward sustainable mobility solutions.
The evolving market composition is notably marked by rising women's participation in cycling, supported by focused product development initiatives including step-through frames, integrated lighting systems, and enhanced cargo capacity designed specifically for family transportation needs. The robust growth in the children's segment is strengthened by heightened parental investment in cycling infrastructure and safety equipment, complemented by comprehensive educational programs that position cycling as both an enjoyable recreational activity and a practical transportation skill. This trend is further reinforced by growing awareness of the health benefits and environmental advantages of cycling, leading to increased adoption across all age groups and demographics.
By Distribution Channel: Offline Retail Dominates Amid Digital Transformation
Offline retail stores continue to dominate the bicycle market, commanding an 81.23% market share in 2024. These physical establishments function as crucial consumer touchpoints, delivering comprehensive services including professional bike fitting sessions, test rides, and specialized technical guidance. Traditional retail locations distinguish themselves through professional assembly services, scheduled maintenance support, and warranty assistance, making them the primary destination for bicycle purchases. The hands-on experience and immediate access to expert staff in these stores provide customers with confidence in their purchasing decisions, particularly for high-value bicycle investments.
The online retail segment shows significant growth prospects, with an anticipated CAGR of 11.24% through 2030, driven by digital transformation trends and shifting consumer buying patterns. This distribution channel leverages technological innovations in product visualization, virtual fitting solutions, and sophisticated large-item delivery systems. The integration of hybrid retail models merges digital convenience with physical service capabilities, while direct-to-consumer strategies help reduce retail markups and allow manufacturers to maintain brand experience control and direct customer relationships. The expansion of mobile commerce and improved digital payment security has further accelerated the adoption of online bicycle purchasing, particularly among younger, tech-savvy consumers.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Germany maintains its dominant position in the European bicycle market, commanding a 28.04% market share in 2024 and establishing itself as the region's largest market. This leadership is built on three key pillars: extensive cycling infrastructure, strong domestic manufacturing capabilities, and a comprehensive policy framework that actively promotes sustainable transportation. The country's commitment to cycling is further evidenced by its continuous investment in dedicated bike lanes, secure parking facilities, and integration with public transport systems. Additionally, German consumers demonstrate a growing preference for premium bicycles and e-bikes, supported by government incentives and environmental awareness.
Spain exhibits significant growth potential with an anticipated CAGR of 10.76% through 2030, driven by stringent government regulations requiring cities to allocate EU funds toward bike lanes and low-emissions zones. The country's urban density and favorable climate conditions make cycling an increasingly attractive transportation alternative, while major metropolitan areas like Madrid and Barcelona continue to expand their cycling infrastructure and bike-sharing services, backed by EU green mobility initiatives. The Spanish market is experiencing a notable shift in consumer behavior, with more residents adopting bicycles for daily commuting. Local authorities are responding by implementing comprehensive urban mobility plans that prioritize cycling infrastructure development and safety measures.
Other European markets are demonstrating substantial progress in developing their cycling infrastructure. France's significant investment of EUR 276 million in Lille, which includes the construction of 220 kilometers of new cycling routes by 2027, as reported by the European Commission, exemplifies this regional development. Poland's expansion of bike-sharing systems highlights the growing emphasis on cycling infrastructure in secondary markets, creating new opportunities beyond traditional cycling-focused countries. These emerging markets are implementing innovative solutions to overcome infrastructure challenges, including the development of protected bike lanes and smart traffic management systems. The integration of cycling infrastructure with existing public transportation networks is becoming a priority across these markets, supported by both national and EU-level funding initiatives.
Competitive Landscape
The European bicycle market demonstrates moderate fragmentation, creating a competitive environment where established players like Accell Group, Giant Manufacturing, Pon Holdings, Trek Bicycle Corporation, and Scott Sports face pressure from both financial constraints and emerging market entrants. This competitive landscape has led to increased focus on product differentiation and market positioning strategies among manufacturers. Regional players are also gaining prominence by catering to specific market segments and leveraging local distribution networks effectively.
Technology differentiation has become a crucial factor in competitive positioning, with companies investing heavily in IoT integration, smart components, and connectivity features. These technological advancements enable premium pricing strategies while fostering customer retention through integrated digital ecosystems. This trend is exemplified by Comodule's 2024 launch of SDK customization capabilities and 2Lock anti-theft systems, highlighting the growing collaboration between technology providers and traditional bicycle manufacturers. The integration of advanced technologies has also led to improved manufacturing processes and supply chain optimization. Companies are increasingly focusing on developing proprietary technology solutions to maintain competitive advantages in the market.
The industry's competitive dynamics are further evolving through the adoption of direct-to-consumer sales models and corporate leasing programs. This transformation particularly benefits companies that have developed robust digital capabilities and service infrastructure, marking a significant shift from conventional retail-dependent business strategies. The shift has prompted traditional retailers to adapt their business models and enhance their online presence. Additionally, manufacturers are expanding their after-sales service networks to support direct customer relationships and maintain long-term brand loyalty.
Europe Bicycle Industry Leaders
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Trek Bicycle Corporation
-
Accell Group NV
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Giant Manufacturing Co. Ltd
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Pon Holdings BV
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Scott Sports SA
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: ENYRING GmbH partnered with Swobbee to deploy a swappable battery platform across Berlin and Amsterdam, boosting urban micromobility infrastructure.
- April 2025: Ampler unveiled the Nova and Nova Pro electric bicycles featuring USB-C charging compatibility. These models incorporate advanced battery technology and offer riders the convenience of charging their devices through integrated USB-C ports.
- April 2025: Gabriel India Limited entered the European bicycle market by introducing suspension solutions for city, cargo, SUV, and mountain bikes. The company focuses on providing suspension forks for specific bicycle categories.
- September 2024: Brompton expanded its product line by introducing folding gravel bikes with 20-inch wheels. The new models combine the company's folding mechanism with larger wheels to provide better stability and versatility for off-road cycling.
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
According to Mordor Intelligence, the Europe bicycle market comprises every newly manufactured pedal-propelled or electrically assisted two-wheeler that is sold for mobility, sport, leisure, cargo, or rental purposes across 10 tracked countries. Vehicles such as mopeds, e-scooters, kick-scooters, and children's ride-ons fall outside this scope.
Scope Exclusion: Motorcycles, micro-mobility devices without functional pedals, and second-hand bicycle transactions are not considered.
Segmentation Overview
- By Product Type
- Road/City
- Mountain/All-Terrain
- Hybrid
- E-Bicycle
- Other Types
- By Design
- Regular
- Folding
- By End-User
- Men
- Women
- Children
- By Distribution Channel
- Offline Retail Stores
- Online Retail Stores
- By Geography
- Germany
- United Kingdom
- Italy
- France
- Spain
- Netherlands
- Poland
- Belgium
- Sweden
- Rest of Europe
Detailed Research Methodology and Data Validation
Desk Research
Our analysts first assembled baseline data from public sources such as Eurostat trade codes, Germany's ZIV, France's Union Sport & Cycle, the European Cyclists' Federation, and patent filings retrieved via Questel. Annual reports of listed bicycle groups, customs import-export records, and press archives on Dow Jones Factiva enriched supply, price, and policy signals. These illustrate unit flows, retail price ranges, fiscal incentives, and modal-share shifts. The sources cited here illustrate, not exhaust, the body of secondary material referenced.
Primary Research
Subsequently, we interviewed component makers, leading bike assemblers, urban-planning officials, and fleet-sharing operators across Western and Central Europe. Their insights clarified subsidy uptake timelines, factory utilization swings, and average selling prices, allowing us to challenge earlier desk assumptions and adjust discounting on dealer inventory.
Market-Sizing & Forecasting
A top-down model converts country-level production, import, and export tonnage into unit volumes, which are then multiplied by weighted ASPs derived from retail scanner data and distributor feedback. Select bottom-up checks, sampled OEM revenue roll-ups, and online channel audits anchor the totals. Key variables tracked include bike ownership per 1,000 residents, e-bike subsidy value per unit, average urban commute distance, GDP per capita, and lithium-ion battery pack cost. A multivariate regression (GDP, urbanization, subsidy intensity, battery price) generates the 2025-2030 forecast path. Scenario analysis stress-tests fuel-price or incentive shocks. Data gaps in low-reporting countries are bridged through three-year moving-average interpolation, later confirmed with local trade bodies.
Data Validation & Update Cycle
Outputs undergo variance checks against historical import codes, survey demand indicators, and listed-company guidance. An analyst peer reviews anomalies before sign-off. The study refreshes annually, and interim updates are triggered by material policy or demand shocks.
Why Mordor's Europe Bicycle Baseline Commands Reliability
Published estimates often diverge because firms differ in scope definitions, geography depth, and refresh cadence.
Key gap drivers include whether electric cargo bikes are counted, how aggressive the ASP curve is, and if Eastern European demand is modeled or inferred. Mordor's study reports the full pedal and electric bicycle universe and applies 2024 exchange averages, whereas other publishers may freeze rates earlier or omit e-mobility segments.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 29.97 B (2025) | Mordor Intelligence | - |
| USD 22.02 B (2024) | Global Consultancy A | Excludes e-bikes; relies on 2022 production ratios |
| USD 20.80 B (2024) | Industry Research House B | Limited to five Western nations; conservative subsidy uptake |
| USD 29.35 B (2024) | Trade Journal C | Retail sales only; single-date FX conversion |
In brief, our balanced top-down build, country-level granularity, and annual update rhythm give decision-makers a transparent, repeatable baseline that aligns closely with on-ground dynamics and validated stakeholder expectations.
Key Questions Answered in the Report
What is the current size of the Europe bicycle market?
The market is valued at USD 29.97 billion in 2025 and is projected to climb to USD 46.98 billion by 2030 at a 9.41% CAGR.
Which segment holds the largest Europe bicycle market share?
Electric bicycles lead with 48.76% share in 2024 owing to growing commuter adoption and technological advancements.
Which European country generates the highest bicycle revenue?
Germany accounts for 28.04% of regional sales, supported by extensive infrastructure and pro-cycling incentives.
Why are folding bikes growing quickly in Europe?
Urban density, limited apartment storage, and innovations in lightweight hinges drive a 10.44% CAGR for folding designs to 2030.
What technological trend is shaping product differentiation?
IoT integration—ranging from GPS tracking to over-the-air diagnostics—supports premium pricing and customer retention.
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