Economical, environmental, and sustainability concerns, Urbanization, leisure and travel pursuits, accessible transportation options, Upgrades and Customization for Bikes Bicycle Rental Shops drive the Used bike Market

Market Research Future (MRFR) has published a cooked research report on the “Global Used bike Market” that contains information from 2018 to 2032. The Used bike Market is estimated to register a CAGR of 6.50% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global  Used bike Market— Motohunt Inc., Motorbikes 4 All, Batfa Japan Inc., Triumph Motorcycles, Used Motorcycle Store (Dealer Spike), Mundimoto Europe SL, Yamaha Certified Pre-Owned, India Kawasaki Motors Pvt. Ltd., Droom, Blade Motorcycles.

Market Highlights

The global Used bike Market is accounted to register a CAGR of 6.50% during the forecast period and is estimated to reach USD 69.09 Billion by 2032.

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Segment Analysis

The global used bike Market has been segmented based Distribution channel, Source, Engine capacity, Type and Propulsion.

On the basis of Distribution channel, the market is segmented into C2C and B2C. The B2C sector accounted for the bulk of market income. Suitable for local or regional markets where clients can test-ride the motorcycles before purchasing.

Based on Source, the global Used bike Market has been segmented into Domestically Manufactured, Imported Bikes. The Imported Bikes category generated the most income. Due to their sophisticated features, state-of-the-art technology, and superior construction, imported bikes are typically more appealing to enthusiasts and serious riders.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Used bike Market Revenue

Based on Engine capacity, the global used bike Market has been segmented into 50 to 125cc, 125 to 250cc, above 250cc and Electric Drive. The 125 to 250cc category generated the most income. These bikes appeal to a wide range of users since they are flexible and can manage both city commuting and irregular interstate trips.

Based on Type, the global used bike Market has been segmented into Standard, Sports, Cruiser bikes, Mopeds and Others. The Sports category generated the most income. Some sports bike models can appreciate over time, drawing investors and collectors, especially those that are limited-edition or antique.

Based on Propulsion, the global used bike Market has been segmented into ICE and Electric. The ICE category generated the most income. ICE motorcycles tend to be less expensive to buy and maintain than electric bikes, which appeals to buyers on a low budget.

Regional Analysis

The global Used bike Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Used bike Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Used bike Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Used bike Market comprises of Middle East, Africa, and Latin America.

The North America Used bike Market dominated this market in 2022 (45.80%). The primary drivers of the used bike market in North America are the demand for affordable commuting options, increased urbanization, and a growing interest in sustainable mobility solutions. Additionally, the ease of internet marketplaces and the growing popularity of recreational riding have contributed to the success of this industry in the region.

Moreover, the Europe market has been persistently growing over the forecast period. The secondhand bike market in Europe is being driven by a number of elements, including a strong emphasis on environmentally friendly transportation, well-established bicycle infrastructure, and a growing appreciation of the health and fitness benefits of biking. There is a thriving market for secondhand bicycles across the continent as a result of the region's commitment to sustainability, urban congestion, and the usefulness of online marketplaces.

The Asia-Pacific Used bike Market is expected to grow at the fastest CAGR from 2023 to 2032. The market for used bikes in Asia-Pacific is influenced by a variety of factors. Rapid urbanization and congested city streets have raised the demand for affordable and efficient transit solutions. Due to growing awareness of fitness and environmental issues, more people are riding bicycles. The rise of the industry in the area has also been greatly aided by the availability of online markets for buying and selling used bikes.

Furthermore, the rest of the world's Used bike Market is divided into the Middle East, Africa, and Latin America. In Latin America, the global used bike market is expanding rapidly, driven by the need for affordable and environmentally friendly transportation options. A wide range of used bicycle models and brands is readily available, catering to the diverse preferences of consumers in the region.

Key Findings of the Study

• The global Used bike Market is expected to reach USD 69.09 Billion by 2032, at a CAGR of 6.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market as demand for economical and effective transportation options has increased as a result of rapid urbanization and congested city streets.


• Based on Distribution channel, the B2C segment was attributed to holding the largest market in 2022.


• Motohunt Inc., Motorbikes 4 All, Batfa Japan Inc., Triumph Motorcycles, Used Motorcycle Store (Dealer Spike), Mundimoto Europe SL, Yamaha Certified Pre-Owned, India Kawasaki Motors Pvt. Ltd., Droom, Blade Motorcycles.