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Bike Retailing in Germany - Market Research Report (2014-2029)

David Riemeier David Riemeier Frankfurt, Germany Last Updated: October 2024 WZ SP47.06DE Spotlight Report

Revenue

€11.8bn

2024

€11.8bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

43,320

Businesses

5,399

Wages

€X.Xbn

Bike Retailing in Germany industry analysis

The bicycle retail sector in Germany has recorded strong sales growth in recent years. Transport policy decisions and subsidies, the e-bike boom and increased environmental and health awareness have contributed to this growth. Thanks to increasing digitalisation, online bicycle retail is becoming more relevant and bicycle accessories are also becoming increasingly digitalised, including intelligent bicycle technology with connectivity and sensor technology. Between 2019 and 2024, industry sales grew by an average of 6.9% per year. In the current year, however, industry turnover is only expected to increase by 1.9% to 11.8 billion euros.

The COVID-19 pandemic has increased the demand for bicycles as a safe means of transport and popular leisure activity, supported by federal government funding programmes. The warm weather in 2020 also favoured bicycle use. The e-bike boom led to more e-bikes being sold than conventional bikes. Bicycle retailers responded to the growing importance of online retail and the increasing customer demand for e-bikes and customised products by expanding their product range, which is particularly evident in accessories for e-bikes.

The increasing popularity of e-bikes, the promotion of cycling and the demand for customised products offer opportunities for sales growth. However, the industry also has to face challenges such as growing competition from online-only retailers, price pressure and changes in mobility behaviour due to e-mobility. Overall, the bicycle retail sector is a dynamic market. IBISWorld is therefore forecasting that industry turnover will increase at an average annual growth rate of 5.2% over the next five years to reach 15.2 billion euros in 2029.

Trends and Insights

  • There has been strong sales growth in recent years. Transport policy decisions and subsidies, the e-bike boom and increasing environmental and health awareness have led to strong growth over the last five years.
  • The trend towards electric bikes has boosted sales in the bicycle retail sector and for e-bike-specific accessories such as batteries and chargers. This development is being boosted by technological innovations in the accessories sector, such as wireless bike computers and GPS trackers, as well as the expansion of online retail, which offers a wider range of products.
  • The bicycle retail sector is characterised by very low market concentration. The large number of bicycle brands and types promotes diversity and niche formation, while low barriers to market entry enable new players to establish and differentiate themselves in the bicycle retail sector.

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  • Reliable market estimates from 2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 6.9 % over the past five years, to reach an estimated €11.8bn in 2024.

Trends and Insights

Omnichannel strategies significantly increase sales in bicycle retail

  • Online sales play a decisive role in the German bicycle retail sector and are having a noticeable impact on the industry's turnover. More and more customers are using online channels, which has led to an increase in e-commerce sales, particularly for high-priced products such as e-bikes. This development has been boosted in particular by the pandemic and a change in consumer purchasing behaviour.
  • Additional trends and insights available with purchase
Bike Retailing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

With the e-bike boom, the classic bike is losing popularity

  • The share of e-bikes in the overall bicycle market in Germany has risen sharply in recent years, with more e-bikes being sold than conventional bicycles for the first time in 2023. E-bikes are also seen as a growth driver for the bicycle industry in the future.

Biggest companies in the Bike Retailing in Germany

There are no companies that hold a market share exceeding 5% in the Bike Retailing in Germany industry.

Products & Services Segmentation

Bike Retailing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Bicycles, E-bikes and Accessories. Bicycles is the largest segment of the Bike Retailing in Germany.

Trends and Insights

Despite the e-bike boom, conventional bikes are still very popular

  • The Bicycles product segment comprises non-motorised two-wheelers, including city bikes, mountain bikes and racing bikes, which are powered by muscle power and serve as a means of transport or sports equipment.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Bicycle retail includes the sale of bicycles, electric bicycles and a wide range of accessories and spare parts. The activities of companies in this sector include the provision of advice and the sale of bicycles and accessories, electric bicycles and batteries, repair and maintenance services, warehouse and inventory management as well as customer support and service.

What's included in this industry?

Products and services covered in the Bike Retailing industry in Germany include Retail trade with bicycles, Retail with e-bikes, Consultancy services and Repair and maintenance.

Companies

Companies covered in the Bike Retailing industry in Germany include .

Purchase this report to view all major companies in this industry.

Related Terms

Related terms covered in the Bike Retailing industry in Germany include bicycle fleet, seasonal storage and cross-selling.

Industry Code

WZ 2008

WZ 47.64.1 - Bike Retailing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

There has been strong sales growth in recent years. Transport policy decisions and subsidies, the e-bike boom and increasing environmental and health awareness have led to st...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Factors that influence volatility in the industry
  • Key success factors for businesses to overcome volatility

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The trend towards electric bikes has boosted sales in the bicycle retail sector and for e-bike-specific accessories such as batteries and chargers. This development is being ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

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In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The bicycle retail sector is characterised by very low market concentration. The large number of bicycle brands and types promotes diversity and niche formation, while low ba...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industry is subject to the usual retail regulatory standards. Bicycle retailers must comply with laws such as the Product Safety Act and warranty law, set safety standard...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The industry's profit margin is under pressure. Rising labour costs and intense competition, intensified by online providers and manufacturers' direct sales, are putting pres...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Bike Retailing industry in Germany in 2025?

The market size of the Bike Retailing industry in Germany is €11.8bn in 2025.

How many businesses are there in the Bike Retailing industry in Germany in 2024?

There are 5,399 businesses in the Bike Retailing industry in Germany, which has grown at a CAGR of 0.6 % between 2019 and 2024.

Has the Bike Retailing industry in Germany grown or declined over the past 5 years?

The market size of the Bike Retailing industry in Germany has been growing at a CAGR of 6.9 % between 2019 and 2024.

What is the forecast growth of the Bike Retailing industry in Germany over the next 5 years?

Over the next five years, the Bike Retailing industry in Germany is expected to grow.

What does the Bike Retailing industry in Germany include?

Retail trade with bicycles and Retail with e-bikes are part of the Bike Retailing industry in Germany.

How competitive is the Bike Retailing industry in Germany?

The level of competition is low and steady in the Bike Retailing industry in Germany.

Related Industries

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International industries

  • There are no industries to display.

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.

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