Bicycle Trip Market To Grow Substantially At A CAGR Of 13.2% From 2022 To 2030Posted by rahul nikade on February 3rd, 2023 Bicycle Trip Industry Overview The global bicycle trip market size was valued at USD 1,022.6 million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 13.2% from 2022 to 2030. The tourism and adventure sector has risen significantly in recent years and is anticipated to grow further. Cycling tourism is a subset of adventure tourism that entails exploring places, traveling to remote locations, and experiencing the pleasure of bicycle riding throughout the trip. Bicycles are the only other mode of transportation except for walking in some tourist places. The cycle rides in such tourist spots start from a base and such trips are mostly conducted in groups. Advertising through social media, influencer marketing, and video vlogging are some of the tools utilized for promoting bicycle trips and creating a trend for riding cycles. Gather more insights about the market drivers, restrains and growth of the Global Bicycle Trip Market Different types of bicycle tourism include:
Cycling intensity ranges from easy pedaling to hard-core cycling in terrains such as mountains. Cycling provides extraordinary and demanding moments for adventure seekers. Bicycle trips especially group trips provide an opportunity to meet with new people, interact with locals, and experience local culture. Cycling tourism is regarded as a mild adventure in which the rider is expected to have a basic level of fitness and stamina to keep up with the groups. Innovations in the sector include the development of durable cycles that do not require frequent maintenance and can cover longer distances with less peddling. Browse through Grand View Research's Automotive & Transportation Industry Research Reports.
Bicycle Trip Market Segmentation Grand View Research has segmented the global bicycle trip market based on type, tour type, age group, and region: Bicycle Trip Type Outlook (Revenue, USD Million, 2017 - 2030)
Bicycle Trip Tour Type Outlook (Revenue, USD Million, 2017 - 2030)
Bicycle Trip Age Group Outlook (Revenue, USD Million, 2017 - 2030)
Bicycle Trip Regional Outlook (Revenue, USD Million, 2017 - 2030)
Key Companies profiled: Some prominent players in the global bicycle trip market include
Order a free sample PDF of the Bicycle Trip Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |