Spain Bicycle Market Overview, 2029

In Spain, bicycles are increasingly perceived as a sustainable and efficient mode of transportation, particularly in major cities like Seville, Valencia, Barcelona, and Madrid. Recent trends show a significant rise in bicycle usage, especially among women, who have contributed to narrowing the gender gap in cycling participation. In cities such as Seville, where extensive cycling infrastructure has been developed, over half of the population utilizes bicycles regularly. This shift reflects a growing awareness of the environmental benefits of cycling and its role in promoting healthier lifestyles. The actual meaning of a bicycle is a two-wheeled vehicle powered by human effort, which offers numerous advantages including reduced traffic congestion, lower carbon emissions, and improved physical fitness.

According to the research report "Spain Bicycle Market Overview, 2029," published by Bonafide Research, the Spain Bicycle market is anticipated to grow at more than 6.87% CAGR from 2024 to 2029. The major drivers of the bicycle market in Spain include government initiatives aimed at enhancing cycling infrastructure and promoting sustainable urban mobility. The Spanish government has adopted a national cycling strategy to encourage cycling as a viable transport option. Additionally, the popularity of electric bicycles is on the rise, catering to those seeking convenience and efficiency in urban commuting. The increasing availability of bike-sharing programs and public rental services further supports this trend, making cycling more accessible to a broader audience. Overall, the bicycle market in Spain is poised for growth as cities continue to invest in cycling-friendly environments.

The bicycle market in Spain is characterized by a wide range of segments, with road bikes and e-bikes leading the way in terms of popularity and sales figures. Road bikes are in high demand among cycling enthusiasts, particularly in regions celebrated for their beautiful landscapes and competitive cycling scenes. Their lightweight design and speed make them ideal for both recreational and competitive use. E-bikes are also experiencing a surge in popularity, providing an effective solution for urban commuting and leisurely rides, especially in major cities like Barcelona and Madrid. The electric assist feature makes cycling more accessible to a larger demographic, including individuals who may find traditional biking difficult. Mountain bikes are favored by outdoor adventurers, while hybrid bikes serve those looking for versatility in both urban and trail environments. Additionally, the market offers children's bikes, standard models, and Mobility as a Service (MaaS) options, ensuring a comprehensive selection to meet the diverse needs of consumers in Spain.

In the Spain bicycle market, the segmentation by end user highlights significant trends among men, women, and kids, with men dominating the landscape. This demographic is particularly inclined towards cycling, driven by a combination of fitness, leisure, and competitive interests. Men not only represent the largest consumer group but also engage in various cycling activities, from casual rides to competitive events, showcasing a robust cycling culture. Women are increasingly participating in cycling, motivated by health benefits and social aspects, although they still account for a smaller market share compared to men. The kids' segment is also growing, as parents recognize the importance of instilling healthy habits early on, leading to increased sales of children's bicycles. When analyzing the market by biker types, "leisure" cyclists emerge as the largest segment, indicating a strong preference for casual riding experiences, family outings, and exploring scenic routes. This group significantly contributes to the overall bicycle sales in Spain, reflecting a lifestyle choice that prioritizes enjoyment and relaxation. Following leisure cyclists are "engaged" cyclists who participate in organized events and community rides, while "highly engaged" cyclists, though fewer, are dedicated to performance and often invest in premium bicycles and accessories. "Travel" cyclists, who utilize bicycles for exploring new destinations, represent a smaller niche but add diversity to the market.

In Spain, the bicycle market is increasingly defined by a distinct split between electric and conventional bicycles, with both sectors experiencing significant growth. E-bikes have become particularly popular in urban environments, where their ability to support longer distances and handle steep inclines makes them a favored choice among many cyclists. This trend is further enhanced by government incentives aimed at promoting sustainable transportation and a heightened focus on eco-friendly mobility solutions. Conversely, conventional bicycles still command a substantial market share, appealing to traditional cyclists who value the simplicity, cost-effectiveness, and fitness benefits of manual biking. The lively cycling culture in cities like Barcelona and Madrid, along with the beautiful rural cycling routes, cultivates a strong community of both e-bike and conventional bike enthusiasts. As infrastructure improves and awareness of cycling's advantages increases, both segments are set for continued growth, catering to a wide range of consumer preferences across Spain.



COVID-19 Impact:
The market for bicycles was greatly disrupted by the COVID-19 outbreak. Bike riding became popular as a safe, healthful, and eco-friendly way to exercise and travel during lockdowns and social distancing measures. This resulted in an increase in demand, especially for recreational and commuter bicycles. Furthermore, the epidemic hastened the construction of bicycle infrastructure in numerous cities, increasing the accessibility and convenience of cycling. The pandemic's long-term effects on the bicycle market are probably going to be favorable, with a steady rise in cycling participation and a shift towards healthier and more sustainable lives, notwithstanding the difficulties caused by supply chain interruptions.

Considered in this report
• Geography: Spain
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Spain Bicycle market with its value and forecast along with its segments
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

By Type
• Road Bikes
• Mountain Bikes
• Hybrid Bikes
• E-bikes
• others

By End User
• Men
• Women
• Kids

By Bikers Type
• Highly Engaged
• Engaged
• Leisure
• Travel

By Technology Type
•Electric
•Conventional

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering, the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started, verifying the details obtained from secondary sources.

Intended audience
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to bicycle products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.