Aftermarket Growth Trends in Bicycle Components: A Comprehensive Forecast from 2025 to 2035
Overview:
The global bicycle components aftermarket is projected to experience steady expansion between 2025 and 2035. The market is characterized by a consistent demand for replacement parts, upgrades, and accessories across various bicycle types. Factors such as increasing bicycle usage for recreation and commuting, coupled with a growing awareness of bicycle maintenance, are contributing to market growth.
In 2025, the market is anticipated to reach a valuation of USD 8,920 million, reflecting the substantial demand for aftermarket bicycle components. The revenue forecast for 2035 indicates a market size of USD 15,300 million, showcasing a robust growth trajectory. This expansion is further supported by a compound annual growth rate (CAGR) of 5.5% from 2025 to 2035.
The market is driven by the ongoing need for component replacements due to wear and tear, as well as the desire among cycling enthusiasts to enhance their bikes’ performance through upgrades. Key components such as brakes, gears, tires, and chains are consistently in demand, ensuring a stable aftermarket.
Regional dynamics play a crucial role in shaping the market, with North America, Europe, and Asia-Pacific being significant contributors. The increasing popularity of cycling in urban areas, coupled with government initiatives promoting cycling infrastructure, is expected to bolster market growth.
Competitive dynamics are characterized by the presence of both established component manufacturers and emerging players. These companies focus on product innovation, distribution network expansion, and strategic partnerships to maintain and enhance their market positions. The market also sees a growing trend of online retail, providing consumers with convenient access to a wide range of components and accessories.
Moreover, the rising popularity of electric bikes (e-bikes) is creating new opportunities in the aftermarket, with specialized components and accessories tailored to e-bike requirements. This trend is expected to further drive market growth in the coming years.
Year On Year Growth Chart
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| Report Attribute | Details |
|---|---|
| Market Size in 2025 | USD 8,920 million |
| Revenue Forecast for 2035 | USD 15,300 million |
| Growth Rate (CAGR) | 5.5% from 2025 to 2035 |
| Base Year for Estimation | 2024 |
| Historical Data | 2018 – 2023 |
| Forecast Period | 2025 – 2035 |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2025 to 2035 |
| Report Coverage | Revenue forecast, company market share, competitive landscape, growth factors, and trends |
| Covered Segments | Type, propulsion type, and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, MEA |
| Country Scope | U.S., Canada, Mexico, U.K., Germany, Italy, Poland, China, India, Japan, Australia, South Korea, Brazil, UAE, KSA, South Africa |
| Key Companies Analyzed | Shimano Inc.; SRAM LLC; Campagnolo S.r.l.; Giant Manufacturing Co.; Tektro Technology Corp.; Other Companies |
| Customization Options | Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope |
| Pricing and Purchase Options | Customizable purchase options for tailored research needs |
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Key Companies Market Share
Report Coverage & Deliverables
- Market Trends And Dynamics
- Competitve Benchmarking
- Historical data and forecasts
- Value/Volume analysis
- Company revenue shares and key strategies
- Regional opportunities
This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.
Detailed Market Segmentation
- By Sales Channel
- Specialty Stores
- Sporting Goods Stores
- Online Retailers
- Direct Sales
- Other Channels
- By Component Type
- Brakes
- Gears & Derailleurs
- Tires & Tubes
- Chains
- Saddles
- Handlebars
- Pedals
- By Bicycle Type
- Road Bikes
- Mountain Bikes
- Hybrid Bikes
- Electric Bikes
- Kids’ Bikes
- By Region
- North America (U.S., Canada, Mexico)
- Europe (U.K., Germany, France, Italy, Poland)
- Asia-Pacific (China, India, Japan, Australia, South Korea)
- Latin America (Brazil, Argentina)
- Middle East & Africa (UAE, Saudi Arabia, South Africa)
Table of Content
- Executive Summary
- Market Overview
- Key Market Trends
- Market Dynamics
- Global Economic Outlook
- Bicycle Components Aftermarket: Pricing Analysis
- Bicycle Components Aftermarket Analysis 2025-2035, By Sales Channel
- Specialty Stores
- Sporting Goods Stores
- Online Retailers
- Direct Sales
- Other Channels
- Bicycle Components Aftermarket Analysis 2025-2035, By Component Type
- Brakes
- Gears & Derailleurs
- Tires & Tubes
- Chains
- Saddles
- Handlebars
- Pedals
- Bicycle Components Aftermarket Analysis 2025-2035, By Bicycle Type
- Road Bikes
- Mountain Bikes
- Hybrid Bikes
- Electric Bikes
- Kids’ Bikes
- Bicycle Components Aftermarket Analysis 2025-2035, By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- North America: Market Analysis 2025-2035
- Europe: Market Analysis 2025-2035
- Asia-Pacific: Market Analysis 2025-2035
- Latin America: Market Analysis 2025-2035
- Middle East & Africa: Market Analysis 2025-2035
- Competitive Landscape
- Key Company Profiles
- Market Structure Analysis
- Assumptions and Acronyms
- Research Methodology