Used Bikes

Global Used Bikes Market to Reach US$51.1 Billion by 2030

The global market for Used Bikes estimated at US$40.4 Billion in the year 2024, is expected to reach US$51.1 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. Domestically Manufactured, one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$33.1 Billion by the end of the analysis period. Growth in the Imported Bikes segment is estimated at 5.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$11.0 Billion While China is Forecast to Grow at 7.2% CAGR

The Used Bikes market in the U.S. is estimated at US$11.0 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.3 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Global "Used Bikes" Market – Key Trends & Drivers Summarized

Why Are Used Bikes Becoming a Preferred Mobility Solution Worldwide?
In recent years, the global appetite for used bikes has surged, driven by a complex blend of economic, environmental, and social factors. As urban centers grapple with congestion, pollution, and rising transportation costs, used bikes offer an affordable, eco-friendly alternative for daily commuting and short-distance travel. In both developed and emerging markets, consumers are increasingly recognizing the value proposition of purchasing pre-owned bicycles, especially with the price tags of new high-end models continuing to climb. Economic downturns and inflationary pressures have made cost-effective mobility more appealing than ever, while a growing second-hand culture—especially among millennials and Gen Z—has further destigmatized the purchase of used goods. Moreover, increased awareness about environmental sustainability is pushing consumers toward circular economy practices, where reusing and recycling assets like bikes helps reduce carbon footprints and material waste. This shift is particularly visible in Europe and parts of Asia, where urban cycling infrastructure has improved significantly, promoting greater bike adoption overall.

Can the Online Marketplace Revolutionize the Used Bike Ecosystem?
Digitization has fundamentally reshaped how consumers buy and sell used bikes, transitioning the market from informal word-of-mouth deals and physical resale shops to sophisticated online platforms and mobile applications. Websites and marketplaces like eBay, OLX, Craigslist, and specialized apps such as Tredz and The Pro’s Closet have professionalized the process, offering inspection certifications, verified listings, and buyer protection features. This has greatly improved transparency and trust in transactions, encouraging more consumers to enter the used bike space. Additionally, the rise of digital platforms has enabled global access to rare or niche models, allowing enthusiasts and collectors to participate in cross-border transactions. Peer-to-peer platforms are also benefiting from the integration of AI and machine learning for price estimation, fraud detection, and personalization of listings. These digital enhancements have brought unprecedented scale, efficiency, and data-driven insights into the used bike economy, helping sellers achieve better value and buyers make more informed decisions.

What Role Are Bike Refurbishment and Certification Programs Playing?
The emergence of certified refurbishment programs is adding a new layer of credibility and quality assurance to the used bikes market. Leading retailers and manufacturers are increasingly offering trade-in programs, where used bikes are repaired, serviced, and certified before being resold. This model is gaining traction not only among individual sellers but also within bike-sharing companies looking to recirculate their fleets. Companies like Decathlon, Trek, and Specialized now run in-house refurbishment programs or partner with third-party refurbishers to ensure their used inventory meets industry standards. Refurbished bikes are thoroughly inspected for wear and tear, fitted with replacement parts if necessary, and tested for safety—then sold with warranties or satisfaction guarantees, bridging the trust gap traditionally associated with second-hand purchases. The trend has led to the professionalization of the used bike segment, appealing to consumers who want the reliability of a new bike without the associated costs. Furthermore, it supports sustainability goals and extends the lifecycle of products that would otherwise contribute to waste.

What’s Powering the Surge in the Used Bikes Market Globally?
The growth in the used bikes market is driven by several factors deeply rooted in evolving consumer behavior, technological progress, and broader mobility trends. Urbanization and growing environmental consciousness are motivating individuals to seek greener, more space-efficient transportation options, making bicycles a go-to choice for city dwellers. High upfront costs of premium bikes—especially e-bikes and hybrid models—have led budget-conscious consumers to explore pre-owned alternatives, thereby expanding the secondary market. The digitalization of resale channels has increased accessibility and transaction convenience, removing barriers traditionally associated with second-hand goods. Moreover, governments in several regions are offering incentives for cycling adoption, such as dedicated lanes, public bike-sharing schemes, and cycling infrastructure improvements, all of which indirectly benefit the resale ecosystem. In the logistics and gig economy sectors, delivery professionals often opt for used bikes due to affordability and availability. Lastly, the growing popularity of cycling as a recreational activity and fitness trend has increased the volume of bike turnover, with seasoned riders frequently upgrading and reselling their previous models—feeding a robust, self-sustaining supply chain.

SCOPE OF STUDY:

The report analyzes the Used Bikes market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Source (Domestically Manufactured, Imported Bikes); Type (Standard, Sports, Cruiser Bikes, Mopeds, Other Types); Propulsion (ICE, Electric)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 36 Featured) -

• Bafta Japan Inc.
• BicycleBlueBook
• BikeExchange
• Bikewale
• Blade Motorcycles
• Buycycle
• CarTrade
• CredR
• Cycle Limited
• Droom
• eBay
• Facebook Marketplace
• Mahindra First Choice
• Motohunt Inc.
• Motorbikes4All
• Mundimoto Europe SL
• OLX Group
• Spinlister
• The Pro`s Closet
• Used Motorcycle Store (Dealer Spike)

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