Used Bike Market Size

Global Used Bike Market size was valued at USD 42.6 billion in 2023 and is poised to grow from USD 45.37 billion in 2024 to USD 75.09 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global used bike industry to benefit clients and increase the market sector. In recent years, the used bike industry has offered some of the most significant advantages to medicine. Major players in the used bike market, including Motohunt Inc., Motorbikes 4 All, Batfa Japan Inc., Triumph Motorcycles, Used Motorcycle Store (Dealer Spike), Mundimoto Europe SL, Yamaha Certified Pre-Owned, India Kawasaki Motors Pvt. Ltd., Droom, Blade Motorcycles, are attempting to increase market demand by investing in research and development operations. 'Cycle Trader (USA) ', 'eBay Motors (USA) ', 'Facebook Marketplace (USA) ', 'Craigslist (USA) ', 'Auto Trader (UK) ( ', 'Mobile.de (Germany) ( ', 'Subito.it (Italy) ( ', 'Droom (India) ', 'OLX (Netherlands) ', 'Used Motorcycle Store (Dealer Spike) (USA) ', 'Motorbikes4All (UK) ', 'Mundimoto (Spain) ', 'Webuyanybike.com (UK) ', 'Yamaha Certified Pre-Owned (Japan) ', 'Harley-Davidson Certified Pre-Owned (USA) ', 'BMW Motorrad Certified Used Bikes (Germany) ', 'Manheim (USA) ', 'Copart (USA) ', 'BikeDekho (India) ', 'ZigWheels (India)'

The touring area often hosts group rides and other events that attract riders of all backgrounds and experience levels. These events provide venues for networking, sharing experiences and showcasing motorcycle designs. These events increase the interest in the use of touring bikes and inspire the love of traveling. Motorcycle enthusiasts who enjoy long journeys tend to look for specialized devices such as cruisers, sports tours, adventure touring and touring bikes. As a result, this bike continues to be in demand in the used bike market. The demand for these bikes is constantly increasing as more individuals take up touring as a leisure sport.

Rise in the Shift Towards Sustainable Transportation: A key characteristic of the environmental perspective and urban movement and seasonal sequences increases in permanent transportation solutions related to the environmental perspective as in wind waste, carbon, landfills, cars and boxers, and the environmental choices consumers make in various contexts. The shift towards sustainable transport is driven by government initiatives aimed at encouraging bicycle schemes, bike sharing programs and environmentally friendly modes of transportation has become easy to find bicycle parking , which has helped the market growth as sustainability continues to be a driving force behind consumer behavior, the global used bike market is expected to witness a steady expansion in the future without a background.

By 2022, this market will be dominated by the North America region in the global used bike market (45.80%). The demand for affordable modes of transportation, increasing urbanization and growing interest in sustainable transportation are the main drivers of bicycle adoption in North America. Since then, the U.S. used bike market holds the largest market share, and the Canadian market is the fastest growing market in North America region. North America, the used bike market reflects a strong cycling culture and a strong emphasis on sustainable transportation. The United States and Canada demonstrate a demand for cheaper and more environmentally friendly commuting options. Urban development and a focus on health and fitness are contributing to the popularity of cycling, and the region’s well-established cycling enthusiast community supports the used bike market as it is developing.