India Bicycle Market Size, Share, Industry Growth, Top Companies & Research Report 2025-2033

(MENAFN- IMARC Group) According to IMARC Group's report titled“ India Bicycle Market Report by Type (Road Bicycle, Mountain Bicycle, Hybrid Bicycle, and Others), Technology (Electric, Conventional), Price (Premium, Mid-Range, Low-Range), Distribution Channel (Online Stores, Offline Stores), End User (Men, Women, Kids), and Region 2025-2033 “, the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

How Big is the India Bicycle Market?

The India bicycle market size reached USD 2.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.0 Billion by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033.

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024 : USD 2.9 Billion

Market Size in 2033 : USD 5.0 Billion

Market Growth Rate (CAGR) 2025-2033: 5.9%

India Bicycle Market Trends and Drivers:

The India bicycle market is seeing a dynamic changes driven by a combination of environmental awareness, increasing health consciousness and supporting government initiatives. Urban population is moving towards environmentally friendly and cost -effective mobility solutions due to increasing traffic congestion and volatility in the price of fuel. Additionally, bicycle is becoming more popular among enthusiasts of fitness, as cycling is promoted for its heart and welfare benefits. The increasing demand for smart cities and permanent transport has also encouraged municipalities to invest in cycling infrastructure. In addition, educational institutions and small town passengers have continued to rely on bicycle for cheap daily travel, further market demand.

In addition, the rise of premium and electric bicycle segments is receiving traction between millennium and urban professionals who seek innovation, style and convenience in their daily traffic. Originally, the bounce in e-commerce platforms has also made bicycle purchases more accessible in both rural and urban areas, widening the consumer base. Government schemes such as PM e-cycle subsidy policy and state-level encouragement are selling further driving, especially in electric and gear cycle categories. In addition, increasing concerns over carbon emissions and traffic-inspired pollution are inducting policy changes that support non-motor transport. With rising brand penetration, rising disposable income and frequent product innovations, the India bicycle market is ready to experience strong growth in diverse consumer segments.

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India Bicycle Market Report and Segmentation:

We explore the factors propelling the India biycle market growth, including technological advancements, consumer behaviors, and regulatory changes.

Type Insights:

• Road Bicycle
• Mountain Bicycle
• Hybrid Bicycle
• Others

Technology Insights:

• Electric
• Conventional

Price Insights:

• Premium
• Mid-Range
• Low-Range

Distribution Channel Insights:

• Online Stores
• Offline Stores

End User Insights:

• Men
• Women
• Kids

Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Why Choose IMARC Group:

• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Reach with an Extensive Network
• Tailored Solutions to Meet Client Needs
• Commitment to Strong Client Relationships and Focus
• Timely Project Delivery
• Cost-Effective Service Options

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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