Used Bike Market, By Source (Imported Bikes and Domestically Manufactured Bikes), By Type (Standard, Sports, Cruise Bikes, Mopeds, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Global Used Bike Market is estimated to be valued at USD 47.05 Bn in 2025 and is expected to reach USD 66.65 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 47.05 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.10%
2032 Value Projection:
USD 66.65 Bn
Used bikes demand mostly benefits from the increasing environmental and health conscious among people. As more people understand the benefits of cycling, both for personal health and the environment, the demand for used bikes has increased. This market includes different types of bicycles, including mountain bikes, road bikes, hybrid bikes, and electric bikes, catering to the diverse needs and preferences of consumers. Used bikes are a preferable alternative to new bikes for price-sensitive users, providing access to high-quality vehicles at more affordable prices.
Market Dynamics:
Consumers are becoming more environmental consciousness nowadays. That is why many people are moving away from traditional modes of transportation and choosing eco-friendly alternatives like bicycles. Used bikes are an even more sustainable choice. To add, health-conscious people are also choosing bicycles to make their lifestyles more active. However, the market also faces certain restraints, such as the perceived risk associated with purchasing pre-owned vehicles and the lack of standardization in the used bike market. The condition of used bikes may not always be satisfactory, which can limit market growth. Also, if people can find affordable new bikes or choose bike-sharing services, the demand for used bikes may decrease. Nevertheless, urbanization is rising and traffic congestion is increasing in cities. This is prompting people to choose alternative modes of transportation, and used bikes offer a practical solution.
Key Features of the Study:
This report provides in-depth analysis of the global used bike market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global used bike market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Yamaha Motor, Honda Motor Co., Suzuki Motor Corporation, Kawasaki Heavy Industries, Harley-Davidson, Triumph Motorcycles, Royal Enfield, Droom, CredR, OLX, Bikewale, Bikedekho, Mahindra First Choice, Mundimoto, and Motorbikes4All
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global used bike market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global used bike market
Market Segmentation
Source Insights (Revenue, USD Bn, 2020 - 2032)
Imported Bikes
Domestically Manufactured Bikes
Type Insights (Revenue, USD Bn, 2020 - 2032)
Standard
Sports
Cruise Bikes
Mopeds
Others
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Yamaha Motor
Honda Motor Co.
Suzuki Motor Corporation
Kawasaki Heavy Industries
Harley-Davidson
Triumph Motorcycles
Royal Enfield
Droom
CredR
OLX
Bikewale
Bikedekho
Mahindra First Choice
Mundimoto
Motorbikes4All
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Used Bike Market, By Source
Global Used Bike Market, By Type
Global Used Bike Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Used Bike Market, By Source, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Imported Bikes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Domestically Manufactured Bikes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Used Bike Market, By Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Standard
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Sports
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Cruise Bikes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Mopeds
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Used Bike Market, By Region, 2020 - 2032, Value (USD Bn)