Home > Professional Services > Travel and Tourism > Cycle Tourism Market

Cycle Tourism Market Trends

  • Report ID: GMI11220
  • Published Date: Sep 2024
  • Report Format: PDF

Cycle Tourism Market Trends

The rise of e-bikes has significantly boosted the cycle tourism industry by making cycling more accessible to a broader range of people, including older adults and those with lower fitness levels. E-bikes allow riders to cover longer distances with less effort, making cycling tours more enjoyable and less physically demanding.  E-bike manufacturers are responding to this trend by launching innovative electric mountain bikes with smart features.
 

For example, in July 2024, DJI announced plans to launch the Amflow e-bike brand with the Avinox drive system by the end of 2024. The company's first e-bike, the carbon fiber Amflow PL electric mountain bike, will feature a mid-drive Avinox motor and a fast-charging battery. Additionally, the e-bike will include DJI’s Smart-Assist Algorithm, which uses multi-sensor fusion to adjust assistance based on riding conditions. This innovation in e-bikes is expected to attract more tourists to cycling tours, further expanding the market.
 

Growing concerns about environmental sustainability have boosted eco-tourism, especially cycle tourism. Biking is a low-carbon way to travel, attracting eco-conscious tourists who want to minimize their environmental impact. Cycle tourism is often promoted as a sustainable way to explore nature, local cultures, and rural areas without the environmental impact associated with car travel. This trend benefits the environment and also supports local economies by encouraging spending in small communities.
 

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of cycle tourism reached USD 130.6 billion in 2023 and is set to grow at over 8% CAGR between 2024 to 2032, led by the growing healthcare and wellness awareness.

The male segment held over 60% share in 2023 and is expected to cross USD 150 billion by 2032, attributed to their stronger preference for adventure and physically challenging activities.

Europe market accounted for 45% share in 2023, as it offers a diverse cultural and scenic experiences.

Austin Adventures, Backroads, Butterfield & Robinson, Exodus Travels Limited., G Adventures, Intrepid Travel, SpiceRoads Cycling, Travel + Leisure Co., Trek Travel, and World Expeditions.

Cycle Tourism Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 250
  • Countries covered: 25
  • Pages: 200
 Download Free Sample