Press release
U.S. & Canada Bicycle Accessories Market Expected to Reach US$ 3.53 Bn by 2032 - Persistence Market Research
The U.S. and Canada bicycle accessories market is experiencing steady growth, driven by increasing health consciousness, environmental awareness, and the rising popularity of cycling as both a recreational activity and a mode of transportation. According to Persistence Market Research, the market was valued at US$ 2.33 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 4.2%, reaching approximately US$ 3.53 billion by 2032.Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): www.persistencemarketresearch.com/samples/33158
Market Overview
Cycling has gained significant traction in the U.S. and Canada, not only as a sport but also as a sustainable transportation alternative. This surge in cycling culture has led to an increased demand for bicycle accessories that enhance safety, performance, and comfort. The market encompasses a wide range of products, including helmets, lights, locks, apparel, and more, catering to diverse consumer needs.
Key Market Drivers
Health and Fitness Trends: The growing emphasis on health and fitness has led many individuals to adopt cycling as a regular exercise routine. Medical professionals advocate cycling for its cardiovascular benefits, contributing to the increased demand for related accessories.
Environmental Concerns: With rising awareness about environmental sustainability, consumers are shifting towards eco-friendly transportation modes. Cycling, being a zero-emission activity, aligns with this trend, thereby boosting the bicycle accessories market.
Urbanization and Traffic Congestion: Urban areas in the U.S. and Canada are facing increasing traffic congestion. Cycling offers a convenient alternative for short-distance commutes, leading to a higher adoption rate of bicycles and, consequently, accessories.
Technological Advancements: Innovations in bicycle accessories, such as smart helmets and GPS-enabled lights, have attracted tech-savvy consumers, further propelling market growth.
Market Segmentation
The bicycle accessories market can be segmented based on product type, application, end-use, and distribution channel.
By Product Type:
Helmets: Essential for rider safety, helmets are a significant segment in the accessories market.
Lights: Including front and rear lights, these accessories enhance visibility and safety during night rides.
Locks: Security accessories like locks are crucial to prevent bicycle theft.
Apparel: Cycling-specific clothing, such as jerseys and shorts, designed for comfort and performance.
Others: This category includes pumps, water bottle holders, saddlebags, etc.
By Application:
Mountain Biking: Accessories designed for off-road cycling enthusiasts.
Road Cycling: Products tailored for on-road cyclists focusing on speed and endurance.
Commuting: Accessories suitable for daily commuters prioritizing safety and convenience.
By End-Use:
Professional Cyclists: High-performance accessories catering to competitive cyclists.
Recreational Riders: Products aimed at casual riders and fitness enthusiasts.
By Distribution Channel:
Offline Retail: Specialty bicycle stores, sporting goods shops, and department stores.
Online Retail: E-commerce platforms offering a wide range of accessories.
Regional Insights
The United States holds a significant share of the North American bicycle accessories market, attributed to its vast cycling community and well-established infrastructure. Canada, while smaller in market size, is witnessing rapid growth due to increasing government initiatives promoting cycling and expanding cycling infrastructure.
Competitive Landscape
The market is characterized by the presence of both global and regional players. Key companies are focusing on product innovation, strategic partnerships, and mergers & acquisitions to strengthen their market position. The emphasis is on developing lightweight, durable, and technologically advanced accessories to meet evolving consumer demands.
Challenges
Despite the positive outlook, the market faces certain challenges:
Seasonal Demand: Cycling activity tends to be seasonal, with higher participation during favorable weather conditions, leading to fluctuating demand for accessories.
Competition from Alternative Transportation: The availability of other eco-friendly transportation options, such as electric scooters, may pose a threat to the growth of the bicycle accessories market.
Economic Factors: Economic downturns can impact consumer spending on non-essential items, including high-end bicycle accessories.
Future Outlook
The U.S. and Canada bicycle accessories market is poised for steady growth over the next decade. Factors such as increasing health consciousness, environmental concerns, and technological advancements are expected to drive demand. Manufacturers focusing on innovation and sustainability are likely to gain a competitive edge in this evolving market landscape.
Conclusion
The bicycle accessories market in the U.S. and Canada is on a growth trajectory, supported by favorable consumer trends and a robust cycling culture. While challenges exist, the opportunities for innovation and expansion are substantial, making it a dynamic and promising sector for stakeholders.
Explore the Latest Trending "Exclusive Article" @
• https://insightinnovators.wordpress.com/2025/02/27/the-growing-demand-for-liquid-silicone-rubber-in-various-industries/
• https://hackmd.io/@ifI0088USW246Rx9PbLRMQ/ryBhsiT9Jx
• https://statisticalinsight.blogspot.com/2025/02/liquid-silicone-rubber-market-trends.html
• https://www.quora.com/profile/Aishwarya-Nagur-1/Why-the-Automotive-Industry-is-Driving-Growth-in-the-Liquid-Silicone-Rubber-Market-The-automotive-industry-is-undergoin
• https://vocal.media/stories/how-liquid-silicone-rubber-enhances-product-durability-and-performance
• https://www.directorynode.com/my-directories/?success#google_vignette
• https://insightinnovators.stck.me/post/799008/How-Liquid-Silicone-Rubber-is-Impacting-the-Consumer-Goods-Industry
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. & Canada Bicycle Accessories Market Expected to Reach US$ 3.53 Bn by 2032 - Persistence Market Research here
News-ID: 3913937 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Canada
Canada Anti-Caking Market Size, Scope 2031 by Key Companies- Univar Solutions, B …
USA, New Jersey: According to Verified Market Research analysis, the Canada Anti-Caking Market size was valued at USD 49.69 Billion in 2024 and is projected to reach USD 70.13 Billion by 2032, growing at a CAGR of 4.4% from 2026 to 2032.
What is the current size and projected growth outlook of the Canada anti‐caking market?
The Canada anti‐caking agents market-spanning sodium, calcium, magnesium compounds and silicon dioxide-is valued at approximately USD…
University Canada West to host Fulbright Canada Research Chair
Vancouver, BC - University Canada West (UCW), a Vancouver-based institution with a diversified student body representing over 110 countries, is thrilled to announce its partnership with Fulbright Canada, the leader in public diplomacy and academic exchange, establishing a Fulbright Canada Research Chair at UCW.
The University will host a Fulbright Canada Research Chair, a US scholar, who will carry out research, offer guest lectures, collaborate with colleagues, and generally participate…
Canada Tire Market Size Is Going To Boom | Bridgestone Canada, Hankook Tire Cana …
Canada Tire Pad Market is gaining significant traction owing to the improvements in technology, fuel economy, and the introduction of electric vehicles..
A recent study conducted by the strategic consulting and market research firm, Report Ocean, revealed that the Canada Tire Market was worth USD 5.42 billion in the year 2021. The market is projected to grow at a CAGR of 5.3%, earning revenues of around USD 7.68 billion by the…
Canada Financial Guarantee Market Key Players: Scotiabank, Toronto Dominion, Ban …
Canada Financial Guarantee Market
The Canada financial guarantee market was valued at $1.32 billion in 2020, and is projected to reach $2.19 billion by 2028, growing at a CAGR of 7.3% from 2021 to 2028. With an unprecedented COVID-19 pandemic situation, the country has experienced uncertainty & protectionism in trade sector. Moreover, to curb the spread of virus, several provincial governments has imposed lockdown, which has financially affected businesses and therefore,…
Glucofort Canada-Why Canada Media Buzzing About Glucofort
Glucofort Canada-Why Canada Media Buzzing About Glucofort: In general, Glucofort is a blood sugar supportive formula that uses ingredients that are rich in anti-hyperglycemic and antioxidant properties. This is done so that foreign invaders such as ceramide are removed from the body and the blood sugar levels are corrected. Although many of these ingredients are scientifically supported, it appears that many of them are selected based on traditional practices. In…
Canada Agriculture Market | Canada Agriculture Industry | Canada Agriculture Mar …
Canada Agriculture is one in all the most important agricultural producers and exporters within the world. Like Alternative developed nations, the proportion of the population and GDP dedicated to agriculture fell dramatically over the 20th century however it remains an crucial part of the Canadian economy. A big differ of agriculture is practiced in Canada, from extensive wheat fields of the grasslands to summer production of the Okanagan valley. Major…