Global Cycle Tourism Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cycle Tourism Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Group (Group/Friends, Couples, Family, and Solo), Booking Mode (Direct, Travel Agent, and Marketplace Booking), Age Group (18 to 30 Years, 31 to 50 Years, and Above 50 Years), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cycle Tourism Market was valued at USD 130,296.5 million in 2023 and is expected to reach USD 261,535.6 million by 2031 while growing at a CAGR of 9.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cycle tourism market growth. Cycle tourism, also termed bicycle tourism or bike touring, involves using bicycles as the main mode of transportation for recreational travel. It enables individuals or groups to explore new destinations, immerse themselves in local culture and scenery, and enjoy the physical activity of cycling.
Growing awareness of health and wellness as well as adventure and experiential travel fuels the growth of the cycle tourism market. Nevertheless, obstacles such as physical fitness requirements and safety concerns could hinder market expansion.
Furthermore, the global cycle tourism industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Group Analysis
The Global Cycle Tourism Market is segmented among Group/Friends, Couples, Family, and Solo, based on Mode of Group. In 2023, Group/Friends accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Booking Mode Analysis
The Global Cycle Tourism Market is segmented among Direct, Travel Agent, and Marketplace Booking, based on Mode of Booking Mode. In 2023, Direct accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cycle Tourism Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Backroads, Trek Travel, DuVine Cycling+ Adventure Co, Butterfield and Robinson, Exodus Travels, Ride and Seek, Pure Adventures, Bike Tours, Cycle Europe, and Intrepid Travel.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cycle Tourism Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cycle Tourism Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cycle Tourism Market Segmentation, By Group
Global Cycle Tourism Market Share Analysis, By Group
Global Cycle Tourism Market Growth Analysis, By Group
Global Cycle Tourism Market Trends, By Group
o Group/Friends
o Couples
o Family
o Solo
6. Global Cycle Tourism Market Segmentation, By Booking Mode
Global Cycle Tourism Market Share Analysis, By Booking Mode
Global Cycle Tourism Market Growth Analysis, By Booking Mode
Global Cycle Tourism Market Trends, By Booking Mode
o Direct
o Travel Agent
o Marketplace Booking
7. Global Cycle Tourism Market Segmentation, By Age Group
Global Cycle Tourism Market Share Analysis, By Age Group
Global Cycle Tourism Market Growth Analysis, By Age Group
Global Cycle Tourism Market Trends, By Age Group
o 18 to 30 Years
o 31 to 50 Years
o Above 50 Years
8. Global Cycle Tourism Market Segmentation, By Region
Global Cycle Tourism Market Share Analysis, By Region
Global Cycle Tourism Market Growth Analysis, By Region
Global Cycle Tourism Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Backroads*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Trek Travel
DuVine Cycling+ Adventure Co
Butterfield and Robinson
Exodus Travels
Ride and Seek
Pure Adventures
Bike Tours
Cycle Europe
Intrepid Travel
*Similar analysis will be provided for each company listed above.
