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The global bicycle trip market size was valued at USD 1.4 billion in 2024 and is estimated to register a CAGR of 13.6% between 2025 and 2034. The growth of the market can be attributed to the rising investments in cycling infrastructure. Many governments are investing heavily in cycling infrastructure, from dedicated bike lanes to large networks of bike trails, particularly in Europe and North America.
For instance, in March 2024, Active Travel England (ATE), a government agency announced USD 130 million in funding to improve walking and cycling routes, boost public engagement for new schemes, provide free e-cycle loans, expand side road zebra crossing trials, and develop new routes in National Parks. These measures aim to offer more sustainable transport options across England, making it safer to walk or cycle. These investments enhance safety and accessibility, attracting tourists and bolstering local economies through increased tourism spending on accommodations, dining, and cultural sites.
Report Attribute | Details |
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Base Year: | 2024 |
Bicycle Trip Market Size in 2024: | USD 1.4 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 13.6% |
2025 – 2034 Value Projection: | USD 5 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 175 |
Tables, Charts & Figures: | 200 |
Segments covered: | Trip, Duration, Age Group, Purpose, Location |
Growth Drivers: |
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Pitfalls & Challenges: |
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Growing environmental awareness is also one of the major factors contributing to the growth of the bicycle trip market. According to a survey conducted by Statista in 2024, over 75% of respondents agreed that climate change is a serious issue. This rising environmental awareness is pushing tourists to choose eco-friendly travel options, such as bicycle trips which have minimal environmental impact compared to car or air travel. Governments and organizations are promoting low-carbon tourism options, and cycling trips fit well with sustainability goals, particularly in regions such as Europe where cities emphasize cycling infrastructure and green travel.
Furthermore, adventure tourism, including activities such as mountain biking, trail riding, and scenic countryside tours are growing. Cycling trips allow travelers to explore destinations in a more immersive ways, combining cultural exploration with physical activity. For instance, regions with rich historical backgrounds, including Italy and France, offer themed cycling tours around vineyards, castles, or historical sites, providing a blend of adventure and cultural enrichment.