Saudi Arabia Bicycle Market Overview, 2029

In Saudi Arabia, particularly in major cities like Riyadh, Jeddah, and Dammam, the perception of bicycles is gradually shifting from a recreational activity to a viable mode of transportation. Traditionally, bicycles were viewed primarily as a leisure tool, but increasing health consciousness and urban congestion are prompting a re-evaluation of their role in daily life. The actual meaning of a bicycle encompasses not only a means of transport but also symbolizes a commitment to sustainability and a healthier lifestyle. The benefits of cycling include enhanced physical fitness, reduced traffic congestion, and lower environmental impact, making it an attractive option for many Saudis looking to improve their quality of life.

According to the research report "Saudi Arabia Bicycle Market Overview, 2029," published by Bonafide Research, the Saudi Arabia Bicycle market is anticipated to grow at more than 3.61% CAGR from 2024 to 2029. The bicycle market in Saudi Arabia is driven by several key factors, including government initiatives aimed at promoting cycling as part of a broader vision for urban development. Major cities like Riyadh are investing in cycling infrastructure, such as dedicated bike lanes and public bike-sharing programs, to encourage more residents to adopt cycling. Additionally, the growing trend of health and fitness awareness among the population is fuelling demand for bicycles, as more people seek to incorporate physical activity into their daily routines. As the cultural perception of cycling continues to evolve, the Saudi bicycle market is expected to experience significant growth, reflecting a shift towards more sustainable and active lifestyles.

The Saudi Arabian bicycle market is segmented into various types, including road bikes, mountain bikes, hybrid bikes, e-bikes, and others such as kids' and standard bicycles. Among these segments, e-bikes and road bikes are the largest, reflecting a growing consumer preference for efficient and high-performance cycling options. Road bikes are favored for their speed and suitability for long-distance rides, while e-bikes have gained popularity due to their electric assistance, making cycling more accessible in the hot climate of Saudi Arabia. The market's growth is driven by several factors, including increasing health consciousness, government initiatives promoting sustainable transportation, and a youthful population seeking active lifestyles. The Saudi government has invested in cycling infrastructure and organized events to encourage cycling as a practical mode of transport.

In the Saudi Arabian bicycle market, the segmentation by end user encompasses men, women, and children, with men accounting for the largest share due to their heightened involvement in cycling. This trend is propelled by an increasing interest in fitness and outdoor activities, particularly among younger males. The women's segment is also on the rise, spurred by greater awareness of health benefits and campaigns that promote cycling as a family-friendly pursuit. Additionally, the market is classified by biker types, including highly engaged, engaged, leisure, and travel bikers. Leisure bikers make up a significant portion of the market, as they prioritize comfort and enjoyment in their cycling experiences. Men and leisure bikers notably command the highest market shares within their segments, indicating a strong preference for bicycles that accommodate a relaxed yet active lifestyle. This evolving scenario highlights the growing acceptance of cycling in Saudi Arabia as both a practical transportation method and a popular recreational activity, supported by government initiatives that encourage sustainable transport solutions.

In Saudi Arabia, the bicycle market is divided into two main technology types: electric and conventional bicycles. The electric bike segment is rapidly gaining traction, driven by urbanization, increased environmental awareness, and government initiatives promoting sustainable transportation. E-bikes offer practical solutions for navigating congested city streets, making them particularly appealing for short commutes and recreational use. Their electric assistance allows riders to tackle the region's varied terrain with ease, contributing to their growing popularity among consumers. Conversely, conventional bicycles remain a staple choice for many due to their affordability and simplicity. They cater to a wide range of users, from fitness enthusiasts to families seeking recreational options. Notably, e-bikes and road bikes dominate the market, reflecting a significant shift towards more efficient cycling solutions.



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: Saudi Arabia
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Saudi Arabia 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.