In the United Kingdom, especially in bustling cities like London, Manchester, and Bristol, bicycles are increasingly recognized as a practical, environmentally friendly, and health-conscious mode of transportation. A simple yet versatile machine, a bicycle consists of two wheels, a frame, handlebars, and pedals. It offers a multitude of benefits, including improved cardiovascular health, enhanced muscle strength, reduced stress levels, and decreased air pollution. Additionally, cycling contributes to traffic reduction, making urban areas less congested and more pleasant to live in.According to the research report "United Kingdom Bicycle Market Research Report, 2029," published by Actual Market Research, the United Kingdom Bicycle market is anticipated to grow at more than 5.73% CAGR from 2024 to 2029. The growing popularity of cycling in the UK can be attributed to several factors. Government initiatives, such as increased funding for cycling infrastructure and awareness campaigns, have played a crucial role in promoting cycling.

Growing environmental concerns and a desire for sustainable living have also driven the shift towards cycling. Furthermore, the development of dedicated cycle lanes, secure bike parking facilities, and bike-sharing programs has made cycling more accessible and convenient for people of all ages.The UK bicycle market is segmented by type into various categories, including Road Bikes, Mountain Bikes, Hybrid Bikes, E-bikes, and Others (Kids, Standard, and Maas). Among these, E-bikes and Road Bikes currently hold the largest market share. E-bikes, in particular, have gained significant traction due to their ability to assist riders, making cycling more accessible to a wider range of people, especially those who may find traditional cycling challenging. Road Bikes, on the other hand, continue to be popular among cycling enthusiasts seeking high performance and speed, especially for commuting and recreational cycling. While other segments like Mountain Bikes and Hybrid Bikes also contribute to the market, E-bikes and Road Bikes remain the dominant forces driving the growth of the UK bicycle market.The UK bicycle market is further segmented based on end-user demographics and biker type. In terms of end-users, Men and Women dominate the market, with Men holding a larger share.

However, the segment of Women cyclists is steadily growing, driven by increasing participation in sports and fitness activities. Additionally, the Kids' segment is emerging as a significant market, fuelled by the rising popularity of cycling as a recreational activity for children.When considering biker type, the market is divided into four categories: Highly Engaged, Engaged, Leisure, and Travel. Among these, the Leisure segment, comprising casual cyclists who primarily use bikes for recreational purposes, holds the largest market share. This segment is further dominated by Men, who often prefer cycling as a leisurely activity. The Highly Engaged segment, consisting of serious cyclists who participate in competitive cycling events, is a smaller but influential group. This segment is primarily composed of Men, who are more likely to pursue competitive cycling.

The Engaged segment, comprising regular cyclists who use bikes for commuting or fitness, is a growing segment that includes both Men and Women.In the United Kingdom bicycle market, the By Technology Type segment is divided into electric and conventional bicycles, with conventional bicycles still holding a larger market share overall, particularly for recreational cyclists, commuters, and those engaged in competitive cycling. Conventional bikes, including road, mountain, and hybrid models, are favored for their simplicity, affordability, and suitability for various cycling needs. However, electric bicycles (E-bikes) have been gaining significant traction in recent years, driven by the growing demand for eco-friendly transportation, ease of use, and reduced physical effort, making them especially popular for urban commuting and leisure cycling. E-bikes offer a practical solution for tackling longer distances, inclines, and the challenges posed by the UK's varied terrain. As environmental concerns and government initiatives promote greener transportation options, the E-bike market is expected to continue growing, with both segments coexisting but with electric bicycles likely gaining an increasing share of the market.COVID-19 Impact:The market for bicycles was greatly disrupted by the COVID-19 outbreak. Bike riding became popular as a safe, healthful, and eco-friendly way to exercise and travel during lockdowns and social distancing measures.

This resulted in an increase in demand, especially for recreational and commuter bicycles. Furthermore, the epidemic hastened the construction of bicycle infrastructure in numerous cities, increasing the accessibility and convenience of cycling. The pandemic's long-term effects on the bicycle market are probably going to be favorable, with a steady rise in cycling participation and a shift towards healthier and more sustainable lives, notwithstanding the difficulties caused by supply chain interruptions. Considered in this report • Geography: United Kingdom • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report •United Kingdom Bicycle market with its value and forecast along with its segments • Various divers and challenges • Ongoing trends and developments • Five force models • Top profiled companies • Strategic recommendation By Type • Road Bikes • Mountain Bikes • Hybrid Bikes • E-bikes • others By End User • Men • Women • Kids By Bikers Type • Highly Engaged • Engaged • Leisure • TravelBy Technology Type •Electric •Conventional The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering, the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market.

Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started, verifying the details obtained from secondary sources. Intended audienceThis report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to bicycle products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry..