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  • Published In : Nov 2023
  • Code : CMI6154
  • Pages : 140
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods
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Cycling tourists are a highly important niche in the tourism industry. The literature should further examine and identify their characteristics, in order to develop new themes and research directions. Tour cyclists with changing accommodations are interested in exploring the surroundings of their destination by bicycle. They prefer to make a circular route and they often take a pick-up service.

Market Dynamics:

Health and well-being, sustainable tourism, and economic benefits are anticipated to drive the growth of the global cycle tourism market over the forecast period. Moreover, urban infrastructure is also expected to boost the growth of the global cycle tourism market over the forecast period. Bike rental services, accommodation, guided cycling tours, and bike repair and maintenance shops are expected to create growth opportunities for the global cycle tourism market during the forecast period. The cycle tourism market is expected to grow significantly in the coming years, driven by various factors such as the introduction of sustainability policies, demand for low-impact holidays, emergence of e-cycles, and growing need for cycling as an exercise for maintaining physical health. The growing awareness about health and fitness is driving more people towards cycling as a form of exercise, which in turn is boosting the cycle tourism market. Cycling is an eco-friendly mode of transportation. As environmental concerns grow, more tourists are choosing cycling tours to reduce their carbon footprint. The cycle tourism market is moderately competitive, with the presence of major international players such as Backroads, Trek Travel, DuVine Cycling+ Adventure Co, Butterfield and Robinson, and others.

However, lack of infrastructure, safety concerns, seasonal dependency, and regulatory issues are expected to hamper the growth of the cycle tourism market over the forecast period.

Key features of the study:

  • This report provides an in-depth analysis of the global cycle tourism market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global cycle tourism market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Butterfield & Robinson, Backroads, Trek Travel, DuVine Cycling + Adventure Co., Exodus Travels, Intrepid Travel, TDA Global Cycling, Bicycle Adventures, Freewheel Holidays, and Cycling for Softies
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global cycle tourism market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cycle tourism market

Detailed Segmentation:

  • Cycle Tourism market, By Type of Tour:
    • Self-guided Tours
    • Guided Tours
    • Package Tours
  • Cycle Tourism market, By Duration:
    • Day Trips
    • Multi-day Tours
  • Cycle Tourism market, By Terrain:
    • Road Cycling
    • Mountain Biking
    • Hybrid Routes
  • Cycle Tourism market, By Purpose:
    • Recreational
    • Adventure
    • Cultural
    • Health & Fitness
  •  Cycle Tourism market, By Accommodation Type:
    • Camping
    • Hotels & B&Bs
    • Hostels
    • Bike & Stay
  •  Cycle Tourism market, By Distance:
    • Short Range
    • Medium Range
    • Long Range
  • Cycle Tourism market, By Skill Level:
    • Beginner
    • Intermediate
    • Advanced
  • Cycle Tourism market, By Specialized Tours:
    • Wine & Dine Cycling Tours
    • Family Tours
    • Solo Traveler Tours
    • Group Tours
  • Cycle Tourism market, By Age Group:
    • Youth
    • Adults
    • Seniors
  • Cycle Tourism market, By Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Company Profiles:
    • Butterfield & Robinson
    • Backroads
    • Trek Travel
    • DuVine Cycling + Adventure Co.
    • Exodus Travels
    • Intrepid Travel
    • TDA Global Cycling
    • Bicycle Adventures
    • Freewheel Holidays
    • Cycling for Softies

Detailed Segmentation:

  • Cycle Tourism market, By Type of Tour:
    • Self-guided Tours
    • Guided Tours
    • Package Tours
  • Cycle Tourism market, By Duration:
    • Day Trips
    • Multi-day Tours
  • Cycle Tourism market, By Terrain:
    • Road Cycling
    • Mountain Biking
    • Hybrid Routes
  • Cycle Tourism market, By Purpose:
    • Recreational
    • Adventure
    • Cultural
    • Health & Fitness
  •  Cycle Tourism market, By Accommodation Type:
    • Camping
    • Hotels & B&Bs
    • Hostels
    • Bike & Stay
  •  Cycle Tourism market, By Distance:
    • Short Range
    • Medium Range
    • Long Range
  • Cycle Tourism market, By Skill Level:
    • Beginner
    • Intermediate
    • Advanced
  • Cycle Tourism market, By Specialized Tours:
    • Wine & Dine Cycling Tours
    • Family Tours
    • Solo Traveler Tours
    • Group Tours
  • Cycle Tourism market, By Age Group:
    • Youth
    • Adults
    • Seniors
  • Cycle Tourism market, By Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa

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