cycling tourism market, cycling tourism market size, cycling tourism market growth, cycling tourism market research, cycling tourism industry, cycling tourism market forecast
What is the present valuation and projected CAGR of the cycling tourism market?
The cycling tourism market size has grown strongly in recent years. It will grow from $115.44 billion in 2024 to $126.09 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to rising eco-friendly travel, increasing health consciousness, expansion of cycling infrastructure, growth in adventure tourism, and government support for sustainable transport.
The cycling tourism market size is expected to see strong growth in the next few years. It will grow to $176.94 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to the increasing popularity of e-bikes, the expansion of digital and virtual cycling experiences heightened focus on wellness tourism, growth of cycling-friendly infrastructure, and rising environmental awareness. Major trends in the forecast period include a surge in eco-friendly and sustainable travel practices, expanded cycling infrastructure and safety measures, the emergence of specialized cycling events and festivals, the development of themed cycling routes and experiences, and the expansion of collaborative partnerships between tourism boards and local businesses.
Get Your Free Sample of The Global Cycling Tourism Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20737&type=smp
What key drivers have fueled the cycling tourism market’s development over the years?
The rising trend of eco-friendly travel is expected to propel the growth of the cycling tourism market going forward. Eco-friendly travel refers to tourism practices that minimize environmental impact and promote sustainability, often by reducing carbon footprints, conserving resources, and supporting local ecosystems. The trend of eco-friendly travel is rising due to increasing awareness of environmental issues and a growing desire among travelers to minimize their carbon footprint and support sustainable practices. Cycling tourism contributes to eco-friendly travel by providing a low-carbon, sustainable way to explore destinations while reducing environmental impact. For instance, in January 2023, according to the World Travel & Tourism Council (WTTC), a UK-based forum for the travel and tourism industry, there is a growing demand for sustainable tourism among consumers, with 69% of travelers in 2023 actively looking for eco-friendly travel options, and nearly 60% had chosen sustainable travel options in the past two years. Therefore, the rising trend of eco-friendly travel is expected to drive growth in the cycling tourism market.
What is the segmentation for the cycling tourism market?
The cycling tourism market covered in this report is segmented –
1) By Type Of Cycling: Road Cycling; Mountain Biking; Urban Cycling; Touring And Adventure Cycling; Other Type Of Cycling
2) By Type Of Tour: Self-Guided Tours; Guided Tours; Package Tours
3) By Age Group: 18 To 30 Years; 30 To 50 Years; Above 50
4) By Mode Of Booking: Direct; Company Website; Travel Agents; Other Modes Of Booking
5) By Tourist: Solo; Friends Group; Couple; Family
Subsegments:
1) Road Cycling: Competitive Road Cycling; Recreational Road Cycling; Long-Distance Road Cycling
2) Mountain Biking: Cross-Country Mountain Biking; Downhill Mountain Biking; Enduro Mountain Biking; Trail Riding
3) Urban Cycling: City Sightseeing by Bike; Commuter Cycling; Bike-Sharing Programs
4) Touring and Adventure Cycling: Multi-Day Bike Tours; Self-Guided Cycling Tours; Guided Adventure Cycling Trips
5) Other Type of Cycling: Gravel Cycling; Fat Biking; Electric Bike (E-Bike) Tourism
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/cycling-tourism-global-market-report
Who are the most influential companies in the cycling tourism market?
Major companies operating in the cycling tourism market are Recreational Equipment Inc., Travel + Leisure Holdco LLC, Intrepid Travel, G Adventures, Explore Worldwide, Backroads, Vermont Bicycle Tours (VBT) Bicycling and Walking Vacations, Trek Travel, Macs Adventure, Exodus Travels, Great Explorations, Saddle Skedaddle, Austin Adventures, Biking Tours Portugal, Ciclismo Classico, Trafalgar, Cycle Europe, Pure Adventures, Bicycle Adventures, Peak Tours, Arbutus Routes, BikeHike Adventures
What are the top industry trends projected to impact the cycling tourism market?
Major companies operating in the cycling tourism market are focusing on developing innovative solutions, such as cycling adventure, to enhance travel experiences and support sustainable tourism practices. Private cycling tours are personalized bicycle journeys tailored to individuals or small groups, offering customized routes and experiences based on specific preferences and interests. For instance, in February 2024, LifeCycle Adventures, a US-based cycling tour operator, launched new cycling tours in Croatia. Lifecycle Adventures offers premium private tours with options for guided or self-guided experiences featuring hybrid, road, and e-bikes. Their tours explore the Istrian Peninsula’s breathtaking coastlines, charming hilltop villages, and historic farms, with opportunities to extend the journey to Venice and Trieste. The tours are ideal for spring, early summer, and fall, providing a blend of scenic routes and cultural experiences.
What are the major regional insights for the cycling tourism market, and which region holds the top position?
Europe was the largest region in the cycling tourism market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cycling tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Cycling Tourism Market Report 2025 Offer?
The cycling tourism market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cycling tourism refers to a form of travel where the primary mode of transportation is a bicycle, allowing tourists to explore destinations while engaging in recreational or leisure cycling. It encompasses a variety of experiences, from long-distance bike tours to shorter cycling trips in urban and rural settings. Cycling tourism frequently incorporates eco-tourism, outdoor adventure, and cultural discovery, promoting sustainable travel and providing a distinctive way to explore landscapes, attractions, and local communities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20737
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
