The non-electric bicycle market in the Netherlands experienced varied growth between 2012 and 2022. Starting at $693.9 million in 2012, the market saw a dip in the following years, with its lowest point in 2013 at $642.1 million. A steady recovery followed, culminating in a market size of $1004.4 million in 2022. The market demonstrated a consistently positive year-on-year variation from 2016 to 2022, showing resilience and growth with a relatively high compound annual growth rate (CAGR) of 8.63% in 2018. The CAGR decreased to 2.96% by 2022, reflecting a stabilizing market.
In 2024, the market stands at a promising position with the potential for further growth driven by increasing health consciousness and environmental awareness among consumers. Watching for key future trends such as advancements in bicycle designs, sustainability initiatives, and urban planning developments that favor cycling infrastructure will be crucial in forecasting the market's trajectory.
How does the Netherlands rank in Bicycles (Non Electric) Market Size Value?
| # | 35 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 10,808,000,000 | 2023 | +0.63% | +0.14% | View data |
| 2 | 2 China | 9,611,600,000 | 2023 | +3.86% | +4.78% | View data |
| 3 | 3 Japan | 2,612,000,000 | 2023 | -7.72% | -6.26% | View data |
| 4 | 4 Germany | 2,427,700,000 | 2023 | +0.54% | +0.24% | View data |
| 5 | 5 United Kingdom | 1,760,700,000 | 2023 | -3.17% | -0.95% | View data |
| 6 | 6 France | 1,650,500,000 | 2023 | -0.59% | +0.6% | View data |
| 7 | 7 Netherlands | 1,022,100,000 | 2023 | +1.76% | +1.03% | |
| 8 | 8 Australia | 921,790,000 | 2023 | -0.97% | -1.65% | View data |
| 9 | 9 Canada | 915,940,000 | 2023 | +0.55% | +1.22% | View data |
