India Bicycle Market Outlook, 2026
India Bicycle Market to grow with a CAGR of over 14% by 2026. The standard bicycle hold a share of over 50%.
- Actual Market Research
- 19-12-2020
- Pages : 150
- Figures : 36
- Tables : 52
- Region : Asia-Pacific
- Country : India
- Category : Consumer Goods & Services
- Appliances & Equipment
Featured Companies
- 1. ATLAS CYCLES (HARYANA) LIMITED
- 2. Avon Cycles Limited
- 3. Firefox Bikes Private Limited
- 4. Hero Cycles Limited
- 5. Naren International
- 6. Starkenn Sports Private Limited
- More...
In a global village, it comes as no surprise that a Korean cycle with Japanese components, Taiwanese Tyres, American Suspension, and an Indian frame can be assembled in Lithuania. Even though the cycle is a primary mode of transport & income source for considerable Indians, the industry relies heavily on imports. According to the report- India Bicycle Market Outlook, 2026 published by Actual Market Research, the market was recorded at a value of INR 5020.87 Cr., in the year 2014-15. Besides being a mode of transport, a cycle is now considered a popular form of recreation, thus growing from regular roadster cycles to multi-gear super-premium cycles. Acceptance of the cycle as a sustainable form of commutates and increasing interest in professional cycling is expected to allow the market to grow with a CAGR of over 14% during the forecasted period. India was the fourth largest producer of bicycles after China, the USA, and Japan from 1978 to 1991. It outsmarted the USA and Japan in 1992 to become the second-largest producer of bicycles in the world. The cycle market has domination of fancy bicycles, considered a part of young teenagers' daily life. The standard bicycles hold a share of over 50%, in volume hugely derived through the demand from the government towards the welfare schemes. Currently focusing towards the eastern region, the least contributing region is expected to show a marginal change in the value share over the forecasted period, reaching a share of less than 17%. Being an inevitable part of rural India, the highest share of approximately 60% in volume terms is gained from the region. The standard bicycles hold the highest share among the others, while the fancy cycles are slowly making their way to the market, with an increase in the affordability of the same. The standard full size wheel rim of 26 inch holds the highest share in terms of both value and volume. Even though considered obsolete by many, the segment held an eminent share of more than half of the market during the period 2019-20. The key domestic players in the bicycle industry are Hero Cycles, Avon Cycles, TI Cycles, Atlas, Firefox Cycles, and Starkenn Sports. The top two players together make up approximately 30% of the market revenues. The bicycle companies are focusing on this niche but growing segment of recreational bicycles. Opinion influencers like Salman Khan and John Abraham have also influenced the population to a large extent. How it will help solving your strategic decision making process The report gives an in-depth understanding of bicycle market in India: - Global Bicycle Market Outlook - India Bicycle Market Outlook - India Standard/ Mass Bicycle Market - India Fancy Bicycle Market - India Kids Bicycle Market - India Premium Bicycle Market - India Super-premium Bicycle Market - Product Price & Variant Analysis - Market Dynamics (Trends and Challenges) - Competitive Landscape & Strategic Recommendations This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
What's Inside a Actual Market Research`s industry report?
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download Sample
Companies Mentioned
- ATLAS CYCLES (HARYANA) LIMITED
- Avon Cycles Limited
- Firefox Bikes Private Limited
- Hero Cycles Limited
- Naren International
- Starkenn Sports Private Limited
- Tube Investments of India Limited
- Hero Ecotech Limited
- Milton Cycles Industries Limited
- S.K. Bikes Private Limited
- Trek Bicycle India Private Limited
- Vishal Cycles Private Limited
Table of Contents
- Table Of Content
- 1. Executive Summary
- 2. Report Methodology
- 3. Global Bicycle Market Outlook
- 3.1. Market Size
- 3.1.1. By Value
- 3.1.2. By Volume
- 3.2. Market Share by Region
- 4. India Bicycle Market Outlook
- 4.1. Market Size
- 4.1.1. By Value
- 4.1.2. By Volume
- 4.2. Market Share
- 4.2.1. By Category
- 4.2.2. By Rim Size
- 4.2.3. By Type
- 4.2.4. By End User
- 4.2.5. By Region
- 4.2.6. By Demographics
- 4.2.7. By Tier
- 4.2.8. By Company
- 4.3. India Standard Bicycle Market
- 4.3.1. Market Size
- 4.3.1.1. By Value
- 4.3.1.2. By Volume
- 4.3.2. Market Share
- 4.3.2.1. By Rim Size
- 4.3.2.2. By Demographics
- 4.3.2.3. By Tier
- 4.4. India Fancy Bicycle Market
- 4.4.1. Market Size
- 4.4.1.1. By Value
- 4.4.1.2. By Volume
- 4.4.2. Market Share
- 4.4.2.1. By Category
- 4.4.2.2. By Rim Size
- 4.4.2.3. By Type
- 4.4.2.4. By Demographics
- 4.4.2.5. By Tier
- 4.5. India Kids Bicycle Market
- 4.5.1. Market Size
- 4.5.1.1. By Value
- 4.5.1.2. By Volume
- 4.5.2. Market Share
- 4.5.2.1. By Rim Size
- 4.5.2.2. By Type
- 4.5.2.3. By Demographics
- 4.5.2.4. By Tier
- 4.6. India Premium Bicycle Market
- 4.6.1. Market Size
- 4.6.1.1. By Value
- 4.6.1.2. By Volume
- 4.6.2. Market Share
- 4.6.2.1. By Rim Size
- 4.6.2.2. By Type
- 4.6.2.3. By Demographics
- 4.6.2.4. By Tier
- 4.7. India Super Premium Bicycle Market
- 4.7.1. Market Size
- 4.7.1.1. By Value
- 4.7.1.2. By Volume
- 4.7.2. Market Share
- 4.7.2.1. By Rim Size
- 4.7.2.2. By Type
- 4.7.2.3. By Tier
- 5. Product Price & Variant Analysis
- 6. India Economic Snapshot
- 7. Raw Material
- 8. Manufacturing Process
- 9. Policy & Regulatory Landscape
- 10. PEST Analysis
- 11. Trade Dynamics
- 11.1. Import
- 11.2. Export
- 12. Channel Partner Analysis
- 13. India Bicycle Market Dynamics
- 13.1. Key Drivers
- 13.2. Key Challenges
- 14. Market Trends & Developments
- 14.1. Development in Infrastructure
- 14.2. Premiumization in the Bicycle Industry
- 14.3. Entry of Global Players
- 14.4. Promotional Activities by Leading Players
- 14.5. Comfort Enhancement by Redesigning
- 15. Competitive Landscape
- 15.1. Porter's Five Forces
- 15.2. Company Profiles
- 15.2.1. Atlas Cycles Limited
- 15.2.2. Avon Cycles Limited
- 15.2.3. Firefox Bikes Private Limited
- 15.2.4. Hero Cycles Limited
- 15.2.5. Hero Ecotech Limited
- 15.2.6. Milton Cycles Private Limited
- 15.2.7. Naren International (Suncross Bikes)
- 15.2.8. S.K Bikes Private Limited
- 15.2.9. Starkenn Sports Private Limited
- 15.2.10. Trek Bicycle India Private Limited
- 15.2.11. Tube Investments of India Limited
- 15.2.12. Vishal Cycles Private Limited
- 16. Strategic Recommendation
- 17. Disclaimer
Table 1: India Bicycle Market Size – By Category By Value 2019-20 & 2025-26F
Table 2: India Bicycle Market Size – By Category By Volume 2019-20 & 2025-26F
Table 3: India Bicycle Market Share – By Rim Size By Value 2019-20 & 2025-26F
Table 4: India Bicycle Market Share – By Rim Size By Volume 2019-20 & 2025-26F
Table 5: India Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 6: India Bicycle Market Size – By Category By Type 2019-20 & 2025-26F
Table 7: India Bicycle Market Size – By Region By Value 2019-20 & 2025-26F
Table 8: India Bicycle Market Size – By Region By Volume 2019-20 & 2025-26F
Table 9: India Bicycle Market Size – By Demographics By Value 2019-20 & 2025-26F
Table 10: India Bicycle Market Size – By Demographics By Volume 2019-20 & 2025-26F
Table 11: India Bicycle Market Size – By Tire By Value 2019-20 & 2025-26F
Table 12: India Bicycle Market Size – By Tire By Volume 2019-20 & 2025-26F
Table 13: India Bicycle Market Share – By Company By Value 2019-20
Table 14: India Standard Bicycle Market Size – By Rim Size By Volume 2019-20 & 2025-26F
Table 15: India Standard Bicycle Market Size – By Rim Size By Value 2019-20 & 2025-26F
Table 16: India Fancy Bicycle Market Size – By Type By Volume 2019-20 & 2025-26F
Table 17: India Fancy Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 18: India Fancy Bicycle Market Size – By Rim Size By Value 2019-20 & 2025-26F
Table 19: India Fancy Bicycle Market Size – By Rim Size By Volume 2014-15 & 2025-26F
Table 20: India Fancy Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 21: India Fancy Bicycle Market Size – By Type By Volume 2014-15 & 2025-26F
Table 22: India Kids Bicycle Market Size – By Rim Size By Value 2019-20 & 2025-26F
Table 23: India Kids Bicycle Market Size – By Rim Size By Volume 2019-20 & 2025-26F
Table 24: India Kids Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 25: India Kids Bicycle Market Size – By Type By Volume 2019-20 & 2025-26F
Table 26: India Premium Bicycle Market Size – By Rim Size By Value 2019-20 & 2025-26F
Table 27: India Premium Bicycle Market Size – By Rim Size By Volume 2019-20 & 2025-26F
Table 28: India Premium Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 29: India Premium Bicycle Market Size – By Category By Type 2019-20 & 2025-26F
Table 30: India Super Premium Bicycle Market Size – By Rim Size By Value 2019-20 & 2025-26F
Table 31: India Super Premium Bicycle Market Size – By Rim Size By Volume 2019-20 & 2025-26F
Table 32: India Super Premium Bicycle Market Size – By Type By Value 2019-20 & 2025-26F
Table 33: India Super Premium Bicycle Market Size –By Type By Volume 2019-20 to 2025-26F
Table 34: Product Price Variant of Indian Bicycle Market
Table 35: India Economic Profile – 2015
Table 36: Description and Tariff head details for Bicycle in India 2016
Table 37: Import Duty Structure for Bicycles in India 2016
Table 38: Import of Bicycles in India By Value & Volume 2015-16 to 2019-2020
Table 39: Export of Bicycles in India By Value & Volume 2015-16 to 2019-2020
Table 40: Key Facts of Atlas Cycles Limited
Table 41: Key Facts of Avon Cycles Limited
Table 42: Key Facts of Decathlon Sports India Private Limited
Table 43: Key Facts of Firefox Bikes Private Limited
Table 44: Key Facts of Hero Cycles Limited
Table 45: Key Facts of Hero Ecotech Limited
Table 46: Key Facts of Milton Cycles Industries Limited
Table 47: Key Facts of Naren international ( Suncross Bikes )
Table 48: Key Facts of S.K. Bikes Private Limited
Table 49: Key Facts of Starkenn Sports Private Limited
Table 50: Key Facts of Trek Bicycle India Private Limited
Table 51: Key Facts of Tube Investments of India Limited
Table 52: Key Facts of Vishal Cycles Private Limited
Figure 1 : Global Bicycle Market Size – By Value 2015 to 2026F (USD Billion)
Figure 2 : Global Bicycle Market Size – By Volume 2015 to 2025 (In Millions)
Figure 3: Global Bicycle Market Share – By Region By Value 2019-20
Figure 4 : India Bicycle Market Size – By Value 2014-15 to 2025-26F (INR Crore)
Figure 5 : India Bicycle Market Size – By Volume 2014-15 to 2025-26F (In Millions)
Figure 6: India Bicycle Market Size – By End User Volume 2019-20
Figure 7 : India Standard Bicycle Market Size – By Value 2014-15 to 2025-26F (INR Crores)
Figure 8: India Standard Bicycle Market Size – By Volume 2014-15 to 2025-26F (In Millions)
Figure 9: India Standard Bicycle Market Size- By Demographics 2014-15
Figure 10: India Standard Bicycle Market Size- By Demographics 2025-26F
Figure 11: India Standard Bicycle Market Size – By Tire 2025-26F
Figure 12: India Standard Bicycle Market Size – By Tire 2019-20
Figure 13 : India Fancy Bicycle Market Size – By Value 2014 to 2026F (INR Crores)
Figure 14 : India Fancy Bicycle Market Size – By Volume 2014 to 2025 (In Millions)
Figure 15: India Fancy Bicycle Market Size – By Demographics By Value 2019-20
Figure 16: India Fancy Bicycle Market Size – By Demographics By Value 2025-26F
Figure 17: India Fancy Bicycle Market Size – By Tire 2019-20
Figure 18: India Fancy Bicycle Market Size – By Tire 2025-26F
Figure 19 : India Kids Bicycle Market Size – By Value 2014-15 to 2025-26F (INR Crores)
Figure 20 : India Kids Bicycle Market Size – By Volume 2014-15 to 2025-26F (In Millions)
Figure 21: India Kids Bicycle Market Size – By Demographics By Value 2019-20
Figure 22: India Kids Bicycle Market Size – By Demographics By Value 2025-26F
Figure 23: India Fancy Bicycle Market Size – By Tire 2019-20
Figure 24: India Fancy Bicycle Market Size – By Tire 2025-26F
Figure 25 : India Premium Bicycle Market Size – By Value 2014-15 to 2025-26F (INR Crores)
Figure 26 : India Premium Bicycle Market Size – By Volume 2014-15 to 2025-26F (In Millions)
Figure 27: India Premium Bicycle Market Size – By Demographics By Value 2019-20
Figure 28: India Premium Bicycle Market Size – By Demographics By Value 2025-26F
Figure 29: India Premium Bicycle Market Size – By Tire 2019-20
Figure 30: India Fancy Bicycle Market Size – By Tire 2025-26F
Figure 31 : India Super Premium Bicycle Market Size – By Value 2014-15 to 2025-26F (INR Crores)
Figure 32 : India Super Premium Bicycle Market Size – By Volume 2014-15 to 2025-26F (In Millions)
Figure 33: India Super Premium Bicycle Market Size – By Tire 2019-20
Figure 34: India Super Premium Bicycle Market Size – By Tire 2025-26F
Figure 35 : Import of Bicycles in India By Country By Volume Share 2019-20
Figure 36: Export of Bicycles in India By Country By Volume Share 2019-20
Market Research FAQs
Related Reports
Purchase Options
Allows one individual to access the purchased report Read More
Allows up to five individuals to access the purchased report Read More
Allows all employees of an organization to access the purchased report. Internal sharing only Read More
Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral Read More
Safe and Secure SSL Encrypted
Quick Contacts
Want to customize this report?
We offer 10% Free Customization at the time of purchase
Get Free Customization
Trusted Partners
Budget constraints
Request DiscountOrder Detail
- Order Placed (22 November, 2024)
- Notify To Team (22 November, 2024)
- Report updation (23 November, 2024)
- Report Quality Check (23 November, 2024)
- Report Dispatch (24 November, 2024)
- Hard Copy
Recently Viewed Products
India Bicycle Market Outlook, 2026
We are friendly and approachable, give us a call.