USED BIKE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Global Used Bike Market Size and Forecast – 2025-2032

The Global Used Bike Market is estimated to be valued at USD 47.05 billion in 2025 and is expected to reach USD 66.65 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2025 to 2032.

Key Takeaways of the Global Used Bike Market:

• The imported bikes segment leads the market holding an estimated share of 31.4% in 2025.
• The standard segment is projected to dominate with a share of 31.2% in 2025.
• Asia Pacific is estimated to lead the market with a share of 50.3% in 2025. Africa, holding a share of 5.2% in 2025, is projected to be the fastest growing region.

Market Overview:

The used bike market is witnessing several trends, including the rise of online marketplaces, which provide consumers with a convenient platform to buy and sell used bikes. Additionally, the increasing adoption of electric bikes is driving the demand for used e-bikes, as consumers seek affordable and eco-friendly transportation options. Furthermore, the growing interest in adventure and leisure cycling is contributing to the demand for high-quality used bikes, as enthusiasts seek to upgrade their rides without breaking the bank.

Current Events and Their Impact:

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Segmental Analysis

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Global Used Bike Market Insights, by Source - Imported Bikes Lead Due to Consumer Preference for International Brands

In terms of source, imported bikes segment is expected to contribute the highest share of 63.4% in the market in 2025. Consumers often choose bikes of international brands due to their perceived superior quality and innovative designs. To add, the purchasing power of consumers in emerging economies is increasing, resulting in more demand for premium, high-end bikes. Imported bikes, with their association with luxury and status, cater to this demand. Also, motorcycle enthusiasts and collectors often look for rare or exclusive models that may not be manufactured domestically, creating demand for imported used bikes.

Global Used Bike Market Insights, by Type - Standard Bikes Capture the Largest Market Share Due to Versatility and Affordability

In terms of type, standard segment is expected to contribute the highest share of 31.2% in the used bike market in 2025. Standard bikes, also called roadsters or commuter bikes, are designed for use in everyday activities and can be used in different riding conditions. Compared to more specialized bike types like mountain bikes or cruisers, standard bikes are a cost-effective option for people that are looking for a reliable mode of transportation. Also, these bikes can handle different terrains and riding styles, and thus, can be used for commuting, leisure rides, and even light touring. Their adaptability to different user needs and preferences ensures a wide appeal among consumers.

Price Analysis of the Used Bike Market:

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Regional Insights:

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Asia Pacific Used Bike Market Analysis and Trends

Asia Pacific, holding a share of 50.3% in 2025, is expected to dominate the global used bike market. The region's rapid urbanization, increasing population, and growing awareness about the benefits of cycling have fueled the demand for affordable and sustainable transportation options. Countries like China and India have witnessed a surge in the number of cyclists, particularly in urban areas, as people seek to avoid traffic congestion and reduce their carbon footprint. The presence of a large number of local manufacturers and the availability of cost-effective used bikes have further contributed to the market's growth in Asia Pacific.

Africa Used Bike Market Analysis and Trends

Africa, holding a share of 5.2% in 2025, is expected to exhibit the fastest growth in the global used bike market. The continent faces persistent challenges in public transportation infrastructure, making affordable and accessible personal mobility solutions increasingly valuable. Used bikes offer a cost-effective alternative for daily commuting, especially in densely populated urban centers and remote rural areas.

The growth of informal and semi-formal markets across countries like Nigeria, Kenya, Ghana, and South Africa has facilitated the trade and refurbishment of used bicycles and motorcycles. Many of these are imported second-hand from Europe and Asia, often finding extended life cycles in African markets due to strong demand for low-cost mobility.

Notable players and enablers in the region include Max.ng (Nigeria), SafeBoda (Uganda), and GreenPath (South Africa)—all of which contribute to the broader used mobility ecosystem, either directly or through support services.

Global Used Bike Market Outlook for Key Countries:

U.S. Used Bike Market Analysis and Trends

The U.S. used bike market has experienced significant growth in recent years. The country's well-established cycling infrastructure, coupled with a growing emphasis on health and fitness, has contributed to the increasing demand for used bikes. Online marketplaces and local bike shops have played a crucial role in facilitating the buying and selling of used bikes, making them more accessible to a wider audience. Major players in the country, such as Performance Bicycle and BikeExchange, have capitalized on this trend by offering a wide range of used bikes and providing value-added services to customers.

China Used Bike Market Analysis and Trends

China's market for used bikes has witnessed remarkable growth, driven by the country's massive population and increasing urbanization. The government's efforts to promote sustainable transportation and reduce air pollution have further fueled the demand for bicycles, including used bikes. Online platforms, such as Xianyu and Zhuanzhuan, have emerged as popular channels for buying and selling used bikes, connecting sellers with potential buyers across the country.

Germany Used Bike Market Analysis and Trends

Germany continues to lead the Europe used bike market, due to its strong cycling culture and well-developed infrastructure. The country's commitment to sustainable transportation and environmental consciousness has encouraged more people to opt for cycling as a preferred mode of commuting. Companies like Fahrrad.de and rebike1 have established themselves as key players in the Germany used bike market, offering quality products and excellent customer service.

India Used Bike Market Analysis and Trends

India used bike market has experienced significant growth, driven by the country's large population and increasing urbanization. The need for affordable and convenient transportation options has led to a surge in demand for used bikes, particularly in metropolitan cities. Online platforms, such as OLX and Quikr, have emerged as popular channels for buying and selling used bikes, connecting sellers with potential buyers across the country.

Market Players, Key Development, and Competitive Intelligence

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Key Developments:

• On May 2, 2025, Droom, India’s leading AI-driven online automobile marketplace, launched an enhanced version of its used bike selling platform
• In December 2024, Royal Enfield announced the expansion of its pre-owned motorcycle business, REOWN, which was launched in 2023 in select locations. This service is now available in 236 cities across India and aims to provide a platform for buying, selling and exchanging pre-owned Royal Enfield motorcycles.
• In August 2023, buycycle, a Europe-based marketplaces for high-value, pre-owned bikes, expanded its business to the U.S.
• In September 2021, Two-wheeler financing firm, WheelsEMI, announced its entry in the used two-wheeler marketplace to tap emerging opportunities in this space.

Top Strategies Followed by Global Used Bike Market Players

• Established players are investing heavily in R&D to develop advanced technologies, such as lightweight materials, improved suspension systems, and enhanced drivetrain components.
  • In 2025, Trek Bicycle Corporation introduced low-impact aluminum frames, reducing carbon emissions by 46% for models like the Marlin 5.

• Mid-level players are focusing on optimizing their production processes and sourcing strategies to offer quality products at affordable prices.
  • Guardian Bikes shifted production from China to the U.S. in 2022 to tackle the increased tariffs.

• Small-scale players are targeting niche markets with unique features or innovative products to differentiate themselves from larger competitors and establish a loyal customer base.
  • In Fayetteville, Arkansas (U.S), Jesse Turner crafts custom steel bicycles under the brand Slow Southern Steel. His bespoke bikes, starting at US$ 2,500, cater to a select market seeking unique, handcrafted bicycles.

Market Report Scope

Market Dynamics

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Global Used Bike Market Driver - High Cost of New Bikes

The high cost of new bikes is a significant driver propelling the growth of the global used bike market. As the prices of new bicycles continue to rise, many consumers are turning to the used bike market as a more affordable alternative. The increasing cost of raw materials, such as aluminum and carbon fiber, along with advanced manufacturing techniques, has led to a substantial increase in the retail prices of new bikes. This trend is particularly evident in the premium and high-end bicycle segments, where prices can easily exceed several thousand dollars. The U.S. bicycle industry has faced substantial price increases due to escalating tariffs on Chinese imports. Tariffs have surged to 125%, leading to an expected 25% additional price increase on bicycles.

Global Used Bike Market Opportunity - Increase in Demand for Bike Taxi Services

The global used bike market is poised to benefit from the burgeoning demand for bike taxi services, which have gained significant traction in recent years. The rise of urban mobility solutions and the need for cost-effective, efficient, and eco-friendly transportation options have fueled the growth of bike taxi platforms worldwide. Used bikes, with their lower acquisition costs and readily available supply, present an attractive opportunity for entrepreneurs and individuals looking to enter the bike taxi industry. For instance, Companies like SafeBoda in Uganda and Max.ng in Nigeria have rapidly expanded their operations, relying heavily on used motorcycles to meet demand.

Analyst Opinion (Expert Opinion):

• The presence of well-maintained and expansive cycling infrastructure—such as dedicated bike lanes, parking stations, and intermodal transport integration—directly impacts the willingness of consumers to invest in bicycles, including used ones. In cities like Amsterdam, Copenhagen, and Portland, where such infrastructure is robust, used bike demand consistently outperforms that in regions with underdeveloped cycling ecosystems. Safe and convenient routes reduce the perceived risk of buying second-hand bikes, especially for daily commuting.
• In high-growth regions like Africa, Southeast Asia, and Latin America, the affordability of used bikes is attractive to consumers—but poor or nonexistent biking infrastructure often hampers actual usage. Without safe roads or dedicated lanes, the practical value of a used bike diminishes. As governments in these regions increasingly prioritize green mobility and congestion relief, even moderate investments in infrastructure (e.g., Nairobi’s 2023 non-motorized transport policy rollout) could unlock significant market growth in the used segment.
• Government and city-level investments in biking infrastructure not only encourage new bike sales but also stimulate the resale cycle. More first-time buyers result in a higher volume of well-maintained bikes entering the used market in subsequent years. Additionally, shared mobility hubs and community-led bike repair stations foster a secondary market ecosystem that builds trust, lowers servicing costs, and extends the life of bikes—thereby making the used bike market more sustainable and scalable over time.

Market Segmentation

•  Source Insights (Revenue, USD Bn, 2020 - 2032)
• • Imported Bikes
  • Domestically Manufactured Bikes
•  Type Insights (Revenue, USD Bn, 2020 - 2032)
• • Standard
  • Sports
  • Cruise Bikes
  • Mopeds
  • Others
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Yamaha Motor
  • Honda Motor Co.
  • Suzuki Motor Corporation
  • Kawasaki Heavy Industries
  • Harley-Davidson
  • Triumph Motorcycles
  • Royal Enfield
  • Droom
  • CredR
  • OLX
  • Bikewale
  • Bikedekho
  • Mahindra First Choice
  • Mundimoto
  • Motorbikes4All

Sources

Primary Research Interviews:

Stakeholders:

• Used Bike Dealership Owners and Managers
• OEMs and Refurbishment Units
• E-commerce Platform Representatives
• Urban Mobility Startups
• Local Mechanic Networks and Independent Workshops
• Transportation Policy Advisors and Urban Planning Consultants

Databases:

• U.S. Department of Transportation (DOT)
• EU Urban Mobility Framework Reports
• BikeBase India Database
• Global Bicycle Cities Index (GBCI)
• Africa Urban Mobility Dashboard

Magazines:

• Urban Cyclist Monthly
• Pedal Power Journal
• The Two-Wheeler Report
• City Mobility Digest
• E-Bike Business World

Journals:

• Journal of Urban Mobility and Transportation
• International Journal of Sustainable Transport
• Mobility and Society Research Journal
• Journal of Bicycle Product Innovation
• Transport Economics and Policy Review

Newspapers:

• Mobility Times (Global)
• The Metro Cyclist (U.K.)
• The Daily Commute (India)
• Urban Wheels Post (EU)
• African Mobility Chronicle

Associations:

• Global Bicycle Alliance (GBA)
• North American Bike Dealers Association (NABDA)
• Urban Mobility Network (UMN)
• Sustainable Transportation Coalition (STC)
• Asia-Pacific Bicycle Trade Federation (APBTF)

Public Domain Sources:

• U.S. Census Bureau
• EUROSTAT
• United Nations Economic Commission for Europe (UNECE)
• World Bank
• ResearchGate

Proprietary Elements:

• CMI Data Analytics Tool
• Proprietary CMI Existing Repository of Information for Last 8 Years