Egypt Bicycle Parts and Accessories Market (2024-2030) | Size, Forecast, Industry, Outlook, Trends, Revenue, Share, Analysis, Value, Growth & Companies

Egypt Bicycle Parts and Accessories market Highlights

Report Name	Egypt Bicycle Parts and Accessories market
Forecast Period	2024-2030
Market Size	USD 250 Billion by 2030
CAGR	7.8%
Growing Sector	Electric-bike

Topics Covered in the Egypt Bicycle Parts and Accessories Market Report

The Egypt Bicycle Parts and Accessories report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Egypt Bicycle Parts and Accessories Market Size & Analysis

In 2024, the Egypt Bicycle Parts and Accessories market is valued at approximately $ 150 million, with a projected compound annual growth rate (CAGR) of 7.8% over the next five years. Additionally, by 2030, the market is expected to reach around $ 250 million. The e-bike sector holds significant position in the overall market.

Egypt Bicycle Parts and Accessories Market Synopsis

The bicycle parts and accessories market in Egypt is growing steadily, driven by the increasing adoption of cycling as a sustainable mode of transport and a recreational activity. With rising traffic congestion in urban areas like Cairo and growing awareness of health and fitness, more Egyptians are turning to bicycles for daily commuting and leisure. Additionally, the demand for bicycle parts and accessories, including tires, brakes, chains, and helmets, is growing in parallel with the rise in cycling popularity. This trend is supported by the expansion of cycling infrastructure in key cities and the increasing availability of affordable bicycles and high-quality accessories from both local and international suppliers. E-commerce platforms and local bike shops are also contributing to the market’s growth by providing easier access to a variety of bicycle parts and accessories.

According to 6Wresearch, Egypt Bicycle Parts and Accessories market size is projected to grow at a CAGR of 7.8% during 2024-2030. The growth of the bicycle parts and accessories market in Egypt is primarily driven by an increasing shift towards cycling as a sustainable and cost-effective mode of transportation, particularly in urban areas with high traffic congestion such as Cairo. Rising health and environmental awareness is further fueling this trend, with more Egyptians turning to bicycles for fitness and recreational purposes. Additionally, the growing middle class and improving disposable incomes allow consumers to invest in high-quality bicycles and related parts, while expanding e-commerce platforms and local bike shops are enhancing product accessibility.

However, the Egypt Bicycle Parts and Accessories industry faces challenges such as insufficient cycling infrastructure, which limits widespread adoption and creates safety concerns for cyclists. Moreover, the high import duties on bicycle parts and accessories raise prices, restricting access to affordable components. Fluctuating economic conditions and limited local manufacturing capabilities also hinder growth potential, making the market heavily dependent on imports. Addressing these challenges will be crucial for sustaining long-term growth.

Egypt Bicycle Parts and Accessories Market Trends

• Increasing popularity of cycling for fitness and leisure - More Egyptians are adopting cycling as a healthy recreational activity, boosting demand for bicycles and accessories.
• Rising urban congestion - With traffic congestion in major cities, more people are turning to bicycles as a quicker and more efficient mode of transportation.
• Growth of e-commerce platforms - The rise of online shopping has increased accessibility to a wide range of bicycle parts and accessories, expanding the market reach.
• Improved cycling infrastructure - Some cities in Egypt are investing in bike lanes and cycling-friendly infrastructure, making cycling a more attractive option for urban commuters.
• Rise in electric bicycles - Electric bikes are gaining traction, particularly for long-distance commuting, leading to demand for specialized parts and accessories.
• Demand for quality and durable components - Consumers are increasingly seeking high-performance, durable bicycle parts, such as gears, tires, and frames, to enhance their cycling experience.

Investment Opportunities in the Egypt Bicycle Parts and Accessories Market

• Expansion of local manufacturing - Investing in local production and assembly of bicycle parts can reduce reliance on imports, lower costs, and meet the growing demand for affordable products.
• E-commerce platforms - Establishing or expanding online retail businesses specializing in bicycle parts and accessories can cater to the rising demand for convenient shopping experiences.
• Cycling infrastructure development - Partnering with government or local entities to develop cycling lanes, bike-sharing programs, and other infrastructure could promote cycling adoption and drive demand for related products.
• Electric bicycle market - Investing in the electric bicycle segment is a promising opportunity, as more Egyptians seek eco-friendly and efficient transportation options.
• Aftermarket accessories - Developing or distributing high-quality, durable bicycle accessories such as helmets, lights, and locks can tap into the growing interest in cycling safety and performance.

Key Players in the Egypt Bicycle Parts and Accessories Market

Key companies in the bicycle parts and accessories market in Egypt include both international and local players. Global brands such as Shimano, SRAM, and Maxxis dominate the market with high-quality components like gears, chains, and tires. Local distributors and retailers, such as City Bike Egypt and Bike Egypt, are also significant players, providing a range of bicycle parts and offering assembly services. Additionally, Al-Ahram Trading and Egyptian Bike Company are notable for supplying bicycles and components across the country. Additionally, some of these players hold majority of the Egypt Bicycle Parts and Accessories market share. Moreover, these companies play a crucial role in both the importation of high-end products and the development of the local cycling infrastructure and market. As the market continues to expand, local players are expected to increasingly focus on offering affordable and durable parts while collaborating with global brands to meet consumer demand.

Government Regulations in the Egypt Bicycle Parts and Accessories Market

In Egypt, the government has implemented several regulations that impact the bicycle parts and accessories market, primarily focusing on safety standards, importation policies, and infrastructure development. The Ministry of Trade and Industry regulates the importation of bicycles and related components, with specific guidelines on product quality and safety compliance. Additionally, the government has been promoting sustainable transportation solutions, which includes cycling, through initiatives to improve urban infrastructure, such as the development of cycling lanes and bike-sharing programs in major cities like Cairo. Further, these initiatives have further boosted the Egypt Bicycle Parts and Accessories market revenues. Moreover, there are also regulations aimed at reducing the environmental impact of transportation, indirectly encouraging the use of bicycles as an eco-friendly alternative. However, challenges remain, such as customs duties and taxes on imported bicycle parts, which can increase the cost of products and impact market growth.

Future Insights of the Egypt Bicycle Parts and Accessories Market

The future of the bicycle parts and accessories market in Egypt looks promising, driven by growing urbanization, rising health consciousness, and government initiatives to promote sustainable transportation. As cycling becomes more popular for both recreational and commuting purposes, demand for bicycles and related products is expected to surge. The increasing focus on eco-friendly transportation solutions and improved cycling infrastructure in cities will further boost market growth. Additionally, the rise of electric bicycles presents a significant opportunity for innovation in bicycle components. Local manufacturing and assembly could reduce costs and reliance on imports, fostering a competitive market. However, challenges such as high import duties and the need for more robust cycling infrastructure remain. Overall, the market is poised for expansion, offering ample opportunities for local and international players to invest and cater to the evolving needs of Egyptian consumers.

Wheel Parts Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the wheel parts category in the Egypt bicycle market is expected to witness significant growth, driven by the increasing demand for high-quality and durable bicycle wheels as cycling becomes more popular. As more Egyptians embrace cycling for fitness and eco-friendly commuting, the need for reliable components, including tires, rims, spokes, and hubs, will grow. Additionally, the rise in e-bike adoption, which requires specialized wheels and tires, will contribute to this growth. Local manufacturers are likely to focus on improving product quality and reducing costs, while international brands continue to dominate the premium segment. The growth of e-commerce platforms and bike repair services will further fuel the demand for wheel parts, creating a robust market for both replacement and upgrade components in the coming years.

Road Bicycles to Dominate the Market – By Application

The road bicycles segment in Egypt is expected to experience notable growth, driven by the increasing popularity of cycling for fitness, leisure, and commuting. As more consumers opt for road bikes due to their speed, efficiency, and suitability for urban and long-distance riding, demand is rising across both recreational and competitive cycling sectors. The growing awareness of health benefits and the government’s push for sustainable transportation solutions are also contributing factors. Additionally, the rise of e-bikes and electric road bikes will further boost the demand for lightweight, durable road bike components. As infrastructure improvements, such as dedicated cycling lanes, progress in major cities, road bicycles are set to become a more accessible and attractive choice for urban commuters and cycling enthusiasts alike.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year - 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Egypt Bicycle Parts and Accessories Market Overview
• Egypt Bicycle Parts and Accessories Market Outlook
• Market Size of Egypt Bicycle Parts and Accessories Market, 2023
• Forecast of Egypt Bicycle Parts and Accessories Market, 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Revenues & Volume for the Period 2020 - 2030
• Egypt Bicycle Parts and Accessories Market Trend Evolution
• Egypt Bicycle Parts and Accessories Market Drivers and Challenges
• Egypt Bicycle Parts and Accessories Price Trends
• Egypt Bicycle Parts and Accessories Porter's Five Forces
• Egypt Bicycle Parts and Accessories Industry Life Cycle
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Types for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Transmission Parts for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Frame & Forks Parts for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Wheel Parts for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Steering Components for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Applications for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Mountain Bicycles for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Road Bicycles for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Bicycle Parts and Accessories Market Revenues & Volume, By Others for the Period 2020 - 2030
• Egypt Bicycle Parts and Accessories - Import Export Trade Statistics
• Market Opportunity Assessment, By Type
• Market Opportunity Assessment, By Application
• Egypt Bicycle Parts and Accessories Market - Top Companies Market Share
• Egypt Bicycle Parts and Accessories Market - Competitive Benchmarking, By Technical and Operational Parameters
• Egypt Bicycle Parts and Accessories Market - Company Profiles
• Egypt Bicycle Parts and Accessories Market - Key Strategic Recommendations

Markets Covered

The Egypt Bicycle Parts and Accessories market report provides a detailed analysis of the following market segments -

By Type

• Transmission Parts
• Frame & Forks Parts
• Wheel Parts
• Steering Components

By Application

• Mountain Bicycles
• Road Bicycles
• Others