In July 2023, A Japanese bicycle tour firm called Cycle Japan was bought by Ride & Seek. Through the acquisition, their selection of bike tours has expanded, and they now offer an extended Samurai Tour that visits both historic locations and traditional Japanese inns.
Cycle tourism, focused on recreational cycling, offers services like bike rentals, guided tours, lodging, and bike-friendly dining. Catering to diverse segments such as road cycling, mountain biking, and family tours, the market is expanding with the growing popularity of e-bikes, health tourism, and sustainable travel. Enhanced infrastructure, including bike lanes and sharing programs, boosts accessibility, making cycling a preferred eco-friendly and fitness-oriented vacation option for adventure seekers.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Cycle Tourism market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
SpiceRoads Cycling Sarracini Travel Arbutus Routes Intrepid Travel REI Adventures Ride and Seek Austin Adventures World Expeditions Travel + Leisure Holdco, LLC Exodus Travels Limited. Intrepid Travel G Adventures Himalayan Glacier Adventure and Travel Company Others
Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions
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Market Segmentation:
Global Cycle Tourism Market, By Type
- Groups/Friends
- Couples
- Family
- Solo
Global Cycle Tourism Market, By Group
- 18 to 30 Years
- 31 to 50 Years
- above 50 years
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Industry Developments:
In July 2023, A Japanese bicycle tour firm called Cycle Japan was bought by Ride & Seek. Through the acquisition, their selection of bike tours has expanded, and they now offer an extended Samurai Tour that visits both historic locations and traditional Japanese inns.
Regional Analysis for Cycle Tourism Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Cycle Tourism market?
➥ What is the market growth rate of the Cycle Tourism market?
➥ What are the Cycle Tourism market opportunities and threats faced by the vendors in the global Cycle Tourism Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Cycle Tourism market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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