Cycle Tourism Market Size

SkyQuest Technology's Cycle tourism market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Cycle Tourism Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Cycle Tourism Market Insights

Global Cycle Tourism Market size was valued at USD 127.35 billion in 2023 and is poised to grow from USD 138.94 billion in 2024 to USD 278.88 billion by 2032, growing at a CAGR of 9.1% during the forecast period (2025-2032). 

Adventure tourism, which includes visiting new areas, off-road cycling and adventure spots all contribute to cycling tourism. Bicycles are becoming a preferred choice for mode of transportation for tourist destinations.

In the United States, sales of electric bikes increased by 144-145%, per data from the World Economic Forum (WEF), and are anticipated to continue growing in the years to come. Consumers are looking for e-bike activities as Governments in the tourist driven countries are progressing ahead with their initiatives to boost cycle tourism. For instance, Thailand invested USD 700 million to encourage domestic tourism, Vanuatu offered small and medium-sized businesses incentives to promote cycle tourism.

US Cycle Tourism Market is poised to grow at a sustainable CAGR for the next forecast year.

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Cycle Tourism Market size was valued at USD 127.35 Billion in 2023 and is poised to grow from USD 138.94 Billion in 2024 to USD 278.89 Billion by 2032, growing at a CAGR of 9.10% during the forecast period (2025-2032).

SpiceRoads Cycling, World Expeditions, Travel + Leisure Holdco, LLC, Exodus Trips Limited, Intrepid Travel, Himalayan Glacier Adventure, Sarracini Travel, Arbutus Routes, and Austin Adventures are a few of the well-known businesses operating on the international market. These important businesses are concentrating on making significant strides to improve their market positions and provide travellers worldwide with genuine and engaging travel experiences. 'Trek Travel', 'Butterfield & Robinson', 'Exodus Travels', 'Backroads', 'DuVine Cycling + Adventure Co.', 'Pure Adventures', 'Ride and Seek', 'SpiceRoads Cycling', 'Great Explorations', 'Ride International Tours', 'Cycling Country', 'La Fuga', 'Biking Tours Portugal', 'Pedal Portugal', 'Peak Tours', 'Saddle Skedaddle', 'Cycle Catalan', 'BikeTours.com', 'Cycle Cities', 'VBT Bicycling and Walking Vacations'

As travelers become more conscious of the impact of their travel on the environment, they are seeking out more sustainable and eco-friendly ways to explore new destinations. Cycling is a perfect fit for sustainable tourism, and good for health. Therefore, fitness enthusiasts prefer cycling at tourist places as a healthy measure.

Shift in Perception: Because cycling tourism makes up a small portion of tours, fewer visitors spend as much money doing it, which results in less money for travel agencies. The top travel agencies have developed brand-new itineraries that incorporate a full cycling tourism package as well as enhancing riders' knowledge of geography, history, and biology by giving them access to knowledgeable tour guides. 

In 2022, Europe dominated the global market. Demand for bike tourism has increased significantly in the UK, Germany, France, and other economies. Establishing bicycle lanes, creating car-free city centers, expanding bike storage options, and improving safety are all top concerns for European governments.The Asia Pacific region is anticipated to grow at the fastest CAGR. The market is expanding due to regional governments placing more emphasis on developing the cycling tourist industry due to its financial benefits.

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Global Cycle Tourism Market
Cycle Tourism Market

Report ID: SQMIG25J2028

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