Summary

The USA has seen a surge in interest in cycling, both as a recreational activity and a mode of transportation. This has contributed to the growth of the bicycle accessories market. Many cities across the USA have witnessed a surge in urban cycling. Bike-sharing programmes and the development of bike lanes and bike-friendly infrastructure have encouraged more people to use bicycles for commuting and short-distance travel. There's a growing emphasis on health and fitness, and cycling fits well into this trend. Bicycling is seen not only as a mode of transportation but also as a recreational and fitness activity. Many people participate in group rides, charity events, and cycling clubs to stay active. The concept of bike commuting has gained traction, especially in cities where infrastructure improvements make it more feasible. Many companies are also becoming more bike-friendly by providing facilities such as bike racks and showers for employees who commute by bike. The increasing popularity of cycling as a mode of transportation for commuting has driven the demand for practical accessories such as lights, fenders, racks, panniers, and locks. Commuters often seek accessories that enhance the functionality and safety of their bikes. The culture of cycling has influenced fashion trends, with cyclists expressing their personal style through clothing and accessories. This includes stylish helmets, custom handlebar grips, and colourful accessories that cater to the fashion-conscious cyclist. The increasing popularity of cycling as a mode of transportation for commuting has driven the demand for practical accessories such as lights, fenders, racks, panniers, and locks. Commuters often seek accessories that enhance the functionality and safety of their bikes.

According to the research report "United States Bicycle Accessories Market Overview, 2029," published by Bonafide Research, the United States Bicycle Accessories market is anticipated to grow at more than 6% CAGR from 2024 to 2029. The growing emphasis on health and fitness has led to an increased focus on cycling as a form of exercise. This has driven demand for fitness-tracking accessories, comfortable saddles, and other products that contribute to the well-being of cyclists. With a heightened awareness of environmental issues and a desire to reduce carbon footprints, more individuals are choosing bicycles as an eco-friendly mode of transportation. This trend has fueled the demand for accessories that make cycling safer, more comfortable, and more practical for daily use. There is a growing culture of personalisation and customisation within the cycling community. Cyclists often seek accessories that allow them to personalise their bikes, reflecting their unique style and preferences. The growing emphasis on health and fitness has led to an increased focus on cycling as a form of exercise. This has driven demand for fitness-tracking accessories, comfortable saddles, and other products that contribute to the well-being of cyclists. There is a trend towards integrating technology into cycling, leading to increased demand for GPS devices, bike computers, smartphone mounts, and other tech-related accessories. The popularity of cycling events and competitions contributes to the market as participants invest in specialised accessories for their specific needs, whether it is a charity ride, gran fondo, or a competitive race.

Based on the products types, they are segmented into components and apparel. In the USA, the components are lead the market, Cyclists often seeks to personalize and upgrade their bicycles to enhance performance, comfort, or aesthetics. Components such as drivetrain systems, brakes, and handlebars offer opportunities for customization and performance improvement. Advancements in bicycle component technology drive consumer interest and demand. High-quality and innovative components, such as lightweight frames, precision shifters, and advanced braking systems, are attractive to cycling enthusiasts seeking the latest and best-performing accessories. Trends in cycling styles, such as gravel bikes, mountain biking, or road cycling, can influence the demand for specific components tailored to those activities. Components that cater to popular trends or emerging styles gain prominence in the market. In terms of the bicycle types, they are segmented into electric, road bikes, mountain bikes, hybrid bikes, youth bikes, comfort bikes, and others. In the USA, mountain biking is a growing market. Mountain biking aligns with the broader trend of outdoor recreation and adventure-seeking. The USA has diverse landscapes, and mountain biking allows enthusiasts to explore trails, forests, and mountains, contributing to the popularity of the sport. Mountain biking is not only a recreational activity but also an excellent form of exercise. As people become more health-conscious, the demand for accessories that enhance the mountain biking experience, such as performance gear and fitness-tracking devices, has increased. Mountain biking has developed a distinct culture and lifestyle appeal. Enthusiasts often identify with the adventure, camaraderie, and thrill associated with the sport, leading to a willingness to invest in accessories that enhance their overall mountain biking experience.

According to the types that are segmented into OEM and aftermarket, among them, the OEM is leading with the highest market share. The bicycle market in the USA has become increasingly diverse, catering to various types of cyclists and riding preferences. This diversity includes road bikes, mountain bikes, commuter bikes, electric bikes (e-bikes), cruiser bikes, and more. OEMs that can produce a wide range of bicycle types have the advantage of meeting the demands of different consumer segments. Consumers are increasingly interested in personalising their bikes to reflect their individual style and preferences. OEMs that offer customisation options, whether in terms of colour schemes, components, or accessories, are likely to attract a broader customer base. Based on the sales channel, they are segmented into specialty bicycle retailers, full-line sporting goods stores, department stores, others, and online. Among them, online shopping is growing at the highest rate. Online platforms offer consumers the convenience of shopping from the comfort of their homes at any time of day. This accessibility is particularly appealing to individuals with busy schedules who prefer the convenience of browsing and purchasing bicycle accessories online. Digital marketing and social media play a significant role in promoting bicycle accessories online. Brands and retailers leverage social media platforms to showcase products, share reviews, and engage with the cycling community, driving traffic to online sales channels.

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

Aspects covered in this report:
• United States Bicycle Accessories market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Products
• Components
• Apparel

By Type
• OEM
• Aftermarket

By Bicycle Types
• Electric
• Road Bikes
• Mountain Bikes
• Hybrid Bike
• Youth
• Comfort
• Others

By Sales Channel
• Specialty Bicycle Retailers
• Full-Line Sporting Goods Stores
• Department Stores & Others
• Online

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 list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing 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 conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Bicycle Accessories, 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.

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