GITNUXREPORT 2025

Bike Industry Statistics

Global bicycle market reached $59.75 billion in 2022, with rising e-bike sales.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

25% of American adults consider cycling an important part of their lifestyle

Statistic 2

Over 50% of UK households own at least one bicycle

Statistic 3

The average lifespan of a bicycle is approximately 5 years with regular maintenance

Statistic 4

The average distance traveled by a bicycle in urban areas is approximately 3 miles per trip

Statistic 5

Bicycle helmet usage in the US increased to 70% among adult riders in 2022

Statistic 6

In 2022, the number of cycling-related accidents in the US was approximately 1.2 million

Statistic 7

Women’s participation in cycling events has increased by 20% over the past five years

Statistic 8

The number of children riding bicycles in urban areas increased by 10% in 2022

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Nearly 80% of American commuters do not have access to dedicated bike lanes

Statistic 10

Approximately 60% of bicycle trips in urban China are for commuting purposes

Statistic 11

The growth of bike-sharing programs contributed to a 12% increase in cycling trips in major European cities in 2022

Statistic 12

Bicycle thefts in urban China decreased by 8% in 2022 due to improved security measures

Statistic 13

Approximately 35% of urban commuters in Europe regularly use bicycles for daily travel

Statistic 14

The percentage of workers commuting by bike in Copenhagen is over 45%, one of the highest rates in Europe

Statistic 15

The total number of road miles ridden annually by US cyclists exceeds 4.5 billion miles

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The average age of professional competitive cyclists is 28 years old, with a range from 18-35

Statistic 17

Bicycle repair shops experienced a 15% increase in customer volume during spring 2023, indicating seasonal demand

Statistic 18

The number of patents filed related to bicycle safety features increased by 22% in 2022, indicating technological innovation

Statistic 19

The incidence of bicycle-related injuries decreased by 5% in countries with improved cycling infrastructure, such as the Netherlands and Denmark

Statistic 20

The proportion of women owning electric bicycles increased by 18% in 2022, reflecting gender inclusivity in the industry

Statistic 21

The Asia-Pacific region accounts for roughly 70% of global bicycle production

Statistic 22

The average price of a new bicycle in the US is around $500

Statistic 23

China produces over 80 million bicycles annually, making it the largest bicycle manufacturer globally

Statistic 24

The bicycle industry employed over 600,000 people worldwide in 2022

Statistic 25

The bicycle frame market is dominated by aluminum, which accounts for 60% of frame production

Statistic 26

Carbon offset programs for bicycle manufacturing are gaining popularity, with 15% of manufacturers adopting such measures in 2023

Statistic 27

The most popular bicycle brand worldwide is Trek, with an estimated market share of 15%

Statistic 28

The average weight of a modern bicycle is approximately 27 pounds

Statistic 29

The geographic distribution of bicycle factories shows a concentration in East Asia, particularly China, Taiwan, and Vietnam

Statistic 30

The proportion of bicycles made from recycled materials increased from 5% in 2019 to 12% in 2023, reflecting sustainability trends

Statistic 31

The average production cost of a standard bicycle ranges between USD 150 and USD 250, depending on specifications

Statistic 32

The top three countries exporting bicycles are China, the Netherlands, and Germany, with China accounting for over 65% of exports

Statistic 33

Custom paint jobs and accessories can increase a bicycle's retail price by up to 30%

Statistic 34

Approximately 90% of bicycle frames produced globally are manufactured using automation technology

Statistic 35

The global bicycle market was valued at approximately USD 59.75 billion in 2022

Statistic 36

Bicycle sales in the United States reached over 17 million units in 2022

Statistic 37

E-bike sales increased by 20% globally in 2022

Statistic 38

In 2022, there were approximately 1.1 billion bicycles in use worldwide

Statistic 39

The electric bicycle segment is expected to grow at a CAGR of 7.4% from 2023 to 2030

Statistic 40

The European bicycle market was valued at EUR 10.2 billion in 2022

Statistic 41

The most popular bicycle type in North America is the mountain bike, accounting for 40% of sales

Statistic 42

The global bicycle accessories market is projected to reach USD 15 billion by 2025

Statistic 43

Bike sharing schemes are operational in over 1,200 cities worldwide

Statistic 44

The demand for gravel bikes increased by 30% in 2022

Statistic 45

The number of women cycling in the US increased by 15% from 2018 to 2022

Statistic 46

Sales of folding bikes surged by 25% in Europe during 2023

Statistic 47

Custom and high-end bicycles account for approximately 10% of total bicycle sales

Statistic 48

The COVID-19 pandemic led to a 50% rise in bicycle sales in many countries in 2020-2021

Statistic 49

The majority of bicycle sales in India are for affordable city bikes under $200

Statistic 50

The global carbon fiber bicycle frame market is expected to grow at a CAGR of 7.8% from 2023-2030

Statistic 51

65% of bicycle sales in Australia are for road bikes

Statistic 52

The use of smart bike locks increased by 35% in 2022

Statistic 53

The global market for bicycle lighting is projected to reach USD 2.5 billion by 2027

Statistic 54

The average retail price for mountain bikes in Europe was EUR 850 in 2022

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The global sales of BMX bikes reached approximately 3 million units in 2022

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The fastest growing bicycle sales segment in North America is electric cargo bikes, with a growth rate of 35% in 2023

Statistic 57

The global bicycle rental market is expected to reach USD 13 billion by 2028

Statistic 58

The number of bike shops worldwide declined slightly by 2% in 2022

Statistic 59

The market for bicycle apparel and gear is projected to grow to USD 7 billion by 2025

Statistic 60

In 2022, the bicycle retail market in Japan was valued at approximately USD 4 billion

Statistic 61

The number of electric bike manufacturers worldwide has increased by 150% since 2018

Statistic 62

The average retailer markup on bicycles is around 30%

Statistic 63

The use of RFID-based bike theft prevention products increased by 40% in 2023

Statistic 64

The majority of bicycle repairs in 2022 involved brake and gear adjustments

Statistic 65

The global market for bicycle impact-resistant tires is projected to reach USD 1.2 billion by 2026

Statistic 66

The bicycle helmet market is expected to grow at a CAGR of 6% through 2027

Statistic 67

The United States saw a 10% increase in bicycle sales during 2022 compared to 2021

Statistic 68

The percentage of electric bikes in total bicycle sales in the USA was approximately 22% in 2022

Statistic 69

Bicycle touring is experiencing a revival, with industry revenue increasing by 12% in 2023

Statistic 70

The use of biodegradable bicycle components increased by 20% in 2023, indicating industry shifts towards sustainability

Statistic 71

The top three most popular bicycle colors globally are black, red, and blue, based on sales data from 2022

Statistic 72

Over 1 million e-bikes are registered as vehicles in Germany alone, making it one of the largest markets for electric bikes

Statistic 73

The average annual expenditure per cyclist on accessories and maintenance in the US is approximately $150

Statistic 74

The first bicycle-sharing scheme was launched in 1965 in Amsterdam, paving the way for modern programs

Statistic 75

The global demand for bike tires is forecasted to reach USD 5 billion by 2026

Statistic 76

The majority of consumer bicycle purchases are made online, accounting for around 55% of total sales in 2023

Statistic 77

The global market for folding bicycles is projected to grow at a CAGR of 8% through 2028

Statistic 78

The global market for mountain bikes is projected to reach USD 16 billion by 2027, with a CAGR of 6.5%

Statistic 79

The adoption of digitally connected smart bicycles increased by 40% in 2023, driven by integrated GPS and fitness tracking features

Statistic 80

The growth of specialized e-cargo bikes for commercial use has increased by 25% annually since 2020

Statistic 81

The number of cycling events held worldwide increased by 15% in 2023, reflecting growing popularity

Statistic 82

The highest bicycle ownership is recorded in the Netherlands with 88 bikes per 100 people

Statistic 83

The average age of bicycle owners in Europe is 42 years old

Statistic 84

The demand for fat bikes surged by 15% in colder regions during 2022

Statistic 85

The most common frame size for adult bicycles sold in Europe is 54cm

Statistic 86

The bicycle helmet safety standards vary globally, with Europe following EN 1078 and the US following CPSC

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Sources

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Key Highlights

The global bicycle market was valued at approximately USD 59.75 billion in 2022
Bicycle sales in the United States reached over 17 million units in 2022
E-bike sales increased by 20% globally in 2022
The Asia-Pacific region accounts for roughly 70% of global bicycle production
In 2022, there were approximately 1.1 billion bicycles in use worldwide
The average price of a new bicycle in the US is around $500
China produces over 80 million bicycles annually, making it the largest bicycle manufacturer globally
The electric bicycle segment is expected to grow at a CAGR of 7.4% from 2023 to 2030
25% of American adults consider cycling an important part of their lifestyle
The European bicycle market was valued at EUR 10.2 billion in 2022
The most popular bicycle type in North America is the mountain bike, accounting for 40% of sales
Over 50% of UK households own at least one bicycle
The global bicycle accessories market is projected to reach USD 15 billion by 2025

From a booming global market valued at nearly $60 billion to a surge in electric bike sales and cycling’s rising role in urban mobility, the bicycle industry is racing ahead into a more sustainable, innovative, and inclusive future.

Bicycle Usage, Safety, and Events

25% of American adults consider cycling an important part of their lifestyle
Over 50% of UK households own at least one bicycle
The average lifespan of a bicycle is approximately 5 years with regular maintenance
The average distance traveled by a bicycle in urban areas is approximately 3 miles per trip
Bicycle helmet usage in the US increased to 70% among adult riders in 2022
In 2022, the number of cycling-related accidents in the US was approximately 1.2 million
Women’s participation in cycling events has increased by 20% over the past five years
The number of children riding bicycles in urban areas increased by 10% in 2022
Nearly 80% of American commuters do not have access to dedicated bike lanes
Approximately 60% of bicycle trips in urban China are for commuting purposes
The growth of bike-sharing programs contributed to a 12% increase in cycling trips in major European cities in 2022
Bicycle thefts in urban China decreased by 8% in 2022 due to improved security measures
Approximately 35% of urban commuters in Europe regularly use bicycles for daily travel
The percentage of workers commuting by bike in Copenhagen is over 45%, one of the highest rates in Europe
The total number of road miles ridden annually by US cyclists exceeds 4.5 billion miles
The average age of professional competitive cyclists is 28 years old, with a range from 18-35
Bicycle repair shops experienced a 15% increase in customer volume during spring 2023, indicating seasonal demand
The number of patents filed related to bicycle safety features increased by 22% in 2022, indicating technological innovation
The incidence of bicycle-related injuries decreased by 5% in countries with improved cycling infrastructure, such as the Netherlands and Denmark

Bicycle Usage, Safety, and Events Interpretation

With over a quarter of Americans valuing cycling as a vital lifestyle component and urban bike use soaring in China and Europe, it’s clear that while bikes are increasingly favored for commuting and recreation amid rising safety awareness and technological innovation, infrastructural gaps and theft concerns continue to challenge the pedal-powered revolution—reminding us that riding into a better, safer future still depends on how well cities adapt their roads to match the growing two-wheel enthusiasm.

E-bike and Electric Bicycle Developments

The proportion of women owning electric bicycles increased by 18% in 2022, reflecting gender inclusivity in the industry

E-bike and Electric Bicycle Developments Interpretation

The 18% surge in women owning e-bikes in 2022 not only accelerates gender inclusivity in cycling but also signals that the industry is finally realizing the potential of powering both gender and innovation forward.

Manufacturing and Production Data

The Asia-Pacific region accounts for roughly 70% of global bicycle production
The average price of a new bicycle in the US is around $500
China produces over 80 million bicycles annually, making it the largest bicycle manufacturer globally
The bicycle industry employed over 600,000 people worldwide in 2022
The bicycle frame market is dominated by aluminum, which accounts for 60% of frame production
Carbon offset programs for bicycle manufacturing are gaining popularity, with 15% of manufacturers adopting such measures in 2023
The most popular bicycle brand worldwide is Trek, with an estimated market share of 15%
The average weight of a modern bicycle is approximately 27 pounds
The geographic distribution of bicycle factories shows a concentration in East Asia, particularly China, Taiwan, and Vietnam
The proportion of bicycles made from recycled materials increased from 5% in 2019 to 12% in 2023, reflecting sustainability trends
The average production cost of a standard bicycle ranges between USD 150 and USD 250, depending on specifications
The top three countries exporting bicycles are China, the Netherlands, and Germany, with China accounting for over 65% of exports
Custom paint jobs and accessories can increase a bicycle's retail price by up to 30%
Approximately 90% of bicycle frames produced globally are manufactured using automation technology

Manufacturing and Production Data Interpretation

With Asia-Pacific dominating 70% of global bicycle production and China alone pumping out over 80 million bikes annually, the industry pedals at full speed toward sustainability, innovation, and global market share—reminding us that in the cycling world, automation, eco-consciousness, and brand loyalty all accelerate the ride.

Market Size and Growth Trends

The global bicycle market was valued at approximately USD 59.75 billion in 2022
Bicycle sales in the United States reached over 17 million units in 2022
E-bike sales increased by 20% globally in 2022
In 2022, there were approximately 1.1 billion bicycles in use worldwide
The electric bicycle segment is expected to grow at a CAGR of 7.4% from 2023 to 2030
The European bicycle market was valued at EUR 10.2 billion in 2022
The most popular bicycle type in North America is the mountain bike, accounting for 40% of sales
The global bicycle accessories market is projected to reach USD 15 billion by 2025
Bike sharing schemes are operational in over 1,200 cities worldwide
The demand for gravel bikes increased by 30% in 2022
The number of women cycling in the US increased by 15% from 2018 to 2022
Sales of folding bikes surged by 25% in Europe during 2023
Custom and high-end bicycles account for approximately 10% of total bicycle sales
The COVID-19 pandemic led to a 50% rise in bicycle sales in many countries in 2020-2021
The majority of bicycle sales in India are for affordable city bikes under $200
The global carbon fiber bicycle frame market is expected to grow at a CAGR of 7.8% from 2023-2030
65% of bicycle sales in Australia are for road bikes
The use of smart bike locks increased by 35% in 2022
The global market for bicycle lighting is projected to reach USD 2.5 billion by 2027
The average retail price for mountain bikes in Europe was EUR 850 in 2022
The global sales of BMX bikes reached approximately 3 million units in 2022
The fastest growing bicycle sales segment in North America is electric cargo bikes, with a growth rate of 35% in 2023
The global bicycle rental market is expected to reach USD 13 billion by 2028
The number of bike shops worldwide declined slightly by 2% in 2022
The market for bicycle apparel and gear is projected to grow to USD 7 billion by 2025
In 2022, the bicycle retail market in Japan was valued at approximately USD 4 billion
The number of electric bike manufacturers worldwide has increased by 150% since 2018
The average retailer markup on bicycles is around 30%
The use of RFID-based bike theft prevention products increased by 40% in 2023
The majority of bicycle repairs in 2022 involved brake and gear adjustments
The global market for bicycle impact-resistant tires is projected to reach USD 1.2 billion by 2026
The bicycle helmet market is expected to grow at a CAGR of 6% through 2027
The United States saw a 10% increase in bicycle sales during 2022 compared to 2021
The percentage of electric bikes in total bicycle sales in the USA was approximately 22% in 2022
Bicycle touring is experiencing a revival, with industry revenue increasing by 12% in 2023
The use of biodegradable bicycle components increased by 20% in 2023, indicating industry shifts towards sustainability
The top three most popular bicycle colors globally are black, red, and blue, based on sales data from 2022
Over 1 million e-bikes are registered as vehicles in Germany alone, making it one of the largest markets for electric bikes
The average annual expenditure per cyclist on accessories and maintenance in the US is approximately $150
The first bicycle-sharing scheme was launched in 1965 in Amsterdam, paving the way for modern programs
The global demand for bike tires is forecasted to reach USD 5 billion by 2026
The majority of consumer bicycle purchases are made online, accounting for around 55% of total sales in 2023
The global market for folding bicycles is projected to grow at a CAGR of 8% through 2028
The global market for mountain bikes is projected to reach USD 16 billion by 2027, with a CAGR of 6.5%
The adoption of digitally connected smart bicycles increased by 40% in 2023, driven by integrated GPS and fitness tracking features
The growth of specialized e-cargo bikes for commercial use has increased by 25% annually since 2020
The number of cycling events held worldwide increased by 15% in 2023, reflecting growing popularity

Market Size and Growth Trends Interpretation

With the bicycle industry riding high on a billion bikes worldwide and a 20% surge in e-bike sales, it's clear that cycling is shifting gears toward smarter, greener, and more fashionable horizons—even as traditional shops see a tiny dip, perhaps pondering whether their next sale is just a pedal away from a revolution.

Regional Market Insights

The highest bicycle ownership is recorded in the Netherlands with 88 bikes per 100 people
The average age of bicycle owners in Europe is 42 years old
The demand for fat bikes surged by 15% in colder regions during 2022
The most common frame size for adult bicycles sold in Europe is 54cm
The bicycle helmet safety standards vary globally, with Europe following EN 1078 and the US following CPSC

Regional Market Insights Interpretation

With the Netherlands leading in bikes per capita and Europe’s average owner being a spry 42, it’s clear that cycling isn’t just a mode of transport but a cultural staple—though global safety standards still seem to be a patchwork quilt, reminding us that no matter where you ride, helmets should always be a universal language.