About Cycling Tourism
The number of cyclists taking part in tourism events around the world is steadily growing. Cycle tourism, which arose from people travelling by bike for personal reasons, is becoming more mainstream, cycle routes are being expanded, and cycle tour ventures are being established on a daily basis. One kind of cycle tourism is tourism that focuses on the relationship between biking and the exploration of a territory. Cycle tourism is a tangible expression of sustainable tourism, as it is geared toward types of vacation that allow for low use of natural resources and a link with the landscape. Although these visitors do not make up a significant portion of the market, they do spend money on direct tourism events, according to the literature.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cycling Tourism market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adventure Cycling Association (United States), Outdooractive (Germany), Arizona Outback Adventure (United States), Arbutus Routes (Canada), Austin Adventures (United States), Backroads (United States), Bicycle Adventures (United States), Colombia Bike Tours (Colombia), Cycle Greece (Greece) and DuVine Cycling + Adventure Co. (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fresh Tracks (Canada), Dreamride (United States) and ROW Adventures (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cycling Tourism market by , Application (Inter-City and Inter-State) and Region.
On the basis of geography, the market of Cycling Tourism has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Guide on Board will boost the Cycling Tourism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Travel Agents will boost the Cycling Tourism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Package, the sub-segment i.e. Solo will boost the Cycling Tourism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Children will boost the Cycling Tourism market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Electric Bikes in Cycling Tourism Activities
Market Growth Drivers:
Rising Fitness Awareness facilitated Demand for Cycles, Growth in Tourism Industry and Increasing Number of Bicycle Users in Europe
Challenges:
Adverse Climatic Conditions and Language Barriers
Restraints:
Improper GPS Tracking and Lack of Cycling Routes
Opportunities:
Regulations Promoting Tourism Activities across Emerging Regions
Market Leaders and their expansionary development strategies
On September 19, 2023, Backroads and Byways Adventures, a provider of cycling vacations, announced a partnership with TDA Cycling Tours, a provider of cycling tours in Texas. The partnership will allow Backroads and Byways Adventures to offer cycling tours in Texas for the first time.
On October 3, 2023, Butterfield & Robinson, a luxury adventure travel company, announced that it had merged with REI Adventures, a leader in active vacations. The merger will create a new company called Butterfield & Robinson REI Adventures, which will offer a wider range of cycling tours and vacations.
Key Target Audience
Cycling Tour Service Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.