Global Cycle Tourism Market Size, Share & Demand Report By Product Type (Road Cycling Tours, Mountain & Gravel Biking Tours, E-Bike & Hybrid Cycling Tours, City & Cultural Cycling Tours, Bikepacking & Adventure Expeditions), By Trip Duration (Day, Short Break, Multi-Day, Extended), By Traveler Type (Group & Friends, Solo, Couples & Family, Adventure/Experience), By Region & Segment Forecasts, 2025–2030

Report Code: RI1176PUB
Last Updated : October, 2025
Author : Abigail Foster

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Cycle Tourism Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Cycle Tourism Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Cycle Tourism Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Road Cycling Tours
      1. Market Size and Forecast, By Region
    3. Mountain & Gravel Biking Tours
      1. Market Size and Forecast, By Region
    4. E-Bike & Hybrid Cycling Tours
      1. Market Size and Forecast, By Region
    5. City & Cultural Cycling Tours
      1. Market Size and Forecast, By Region
    6. Bikepacking & Adventure Expeditions
      1. Market Size and Forecast, By Region
  10. Cycle Tourism Market, By Trip Duration
    1. Introduction
      1. Market Size and Forecast, By Trip Duration
    2. Day Tours
      1. Market Size and Forecast, By Region
    3. Short Break Tours (2–3 Days)
      1. Market Size and Forecast, By Region
    4. Multi-Day Tours (4–7 Days)
      1. Market Size and Forecast, By Region
    5. Extended & Long-Distance Tours (8+ Days)
      1. Market Size and Forecast, By Region
  11. Cycle Tourism Market, By Traveler Type
    1. Introduction
      1. Market Size and Forecast, By Traveler Type
    2. Group & Friends-Based Travelers
      1. Market Size and Forecast, By Region
    3. Solo Travelers
      1. Market Size and Forecast, By Region
    4. Couples & Family Travelers
      1. Market Size and Forecast, By Region
    5. Adventure & Experience-Seekers
      1. Market Size and Forecast, By Region
  12. Cycle Tourism Market, By Bike Type
    1. Introduction
      1. Market Size and Forecast, By Bike Type
    2. Road/Touring Bikes
      1. Market Size and Forecast, By Region
    3. Mountain/Gravel Bikes
      1. Market Size and Forecast, By Region
    4. E-Bikes
      1. Market Size and Forecast, By Region
    5. Hybrid & City Bikes
      1. Market Size and Forecast, By Region
  13. Cycle Tourism Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Direct Operator Channels
      1. Market Size and Forecast, By Region
    3. Online Travel Agencies (OTAs) & Platforms
      1. Market Size and Forecast, By Region
    4. Travel Agents & Tour Operators
      1. Market Size and Forecast, By Region
    5. Community & Club Bookings
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Road Cycling Tours
            1. Mountain & Gravel Biking Tours
              1. E-Bike & Hybrid Cycling Tours
                1. City & Cultural Cycling Tours
                  1. Bikepacking & Adventure Expeditions
                  2. By Trip Duration
                    1. Day Tours
                      1. Short Break Tours (2–3 Days)
                        1. Multi-Day Tours (4–7 Days)
                          1. Extended & Long-Distance Tours (8+ Days)
                          2. By Traveler Type
                            1. Group & Friends-Based Travelers
                              1. Solo Travelers
                                1. Couples & Family Travelers
                                  1. Adventure & Experience-Seekers
                                  2. By Bike Type
                                    1. Road/Touring Bikes
                                      1. Mountain/Gravel Bikes
                                        1. E-Bikes
                                          1. Hybrid & City Bikes
                                          2. By Distribution Channel
                                            1. Direct Operator Channels
                                              1. Online Travel Agencies (OTAs) & Platforms
                                                1. Travel Agents & Tour Operators
                                                  1. Community & Club Bookings
                                                2. U.S.
                                                  1. By Product Type
                                                    1. Road Cycling Tours
                                                      1. Mountain & Gravel Biking Tours
                                                        1. E-Bike & Hybrid Cycling Tours
                                                          1. City & Cultural Cycling Tours
                                                            1. Bikepacking & Adventure Expeditions
                                                            2. By Trip Duration
                                                              1. Day Tours
                                                                1. Short Break Tours (2–3 Days)
                                                                  1. Multi-Day Tours (4–7 Days)
                                                                    1. Extended & Long-Distance Tours (8+ Days)
                                                                    2. By Traveler Type
                                                                      1. Group & Friends-Based Travelers
                                                                        1. Solo Travelers
                                                                          1. Couples & Family Travelers
                                                                            1. Adventure & Experience-Seekers
                                                                            2. By Bike Type
                                                                              1. Road/Touring Bikes
                                                                                1. Mountain/Gravel Bikes
                                                                                  1. E-Bikes
                                                                                    1. Hybrid & City Bikes
                                                                                    2. By Distribution Channel
                                                                                      1. Direct Operator Channels
                                                                                        1. Online Travel Agencies (OTAs) & Platforms
                                                                                          1. Travel Agents & Tour Operators
                                                                                            1. Community & Club Bookings
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Product Type
                                                                                              1. Road Cycling Tours
                                                                                                1. Mountain & Gravel Biking Tours
                                                                                                  1. E-Bike & Hybrid Cycling Tours
                                                                                                    1. City & Cultural Cycling Tours
                                                                                                      1. Bikepacking & Adventure Expeditions
                                                                                                      2. By Trip Duration
                                                                                                        1. Day Tours
                                                                                                          1. Short Break Tours (2–3 Days)
                                                                                                            1. Multi-Day Tours (4–7 Days)
                                                                                                              1. Extended & Long-Distance Tours (8+ Days)
                                                                                                              2. By Traveler Type
                                                                                                                1. Group & Friends-Based Travelers
                                                                                                                  1. Solo Travelers
                                                                                                                    1. Couples & Family Travelers
                                                                                                                      1. Adventure & Experience-Seekers
                                                                                                                      2. By Bike Type
                                                                                                                        1. Road/Touring Bikes
                                                                                                                          1. Mountain/Gravel Bikes
                                                                                                                            1. E-Bikes
                                                                                                                              1. Hybrid & City Bikes
                                                                                                                              2. By Distribution Channel
                                                                                                                                1. Direct Operator Channels
                                                                                                                                  1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                    1. Travel Agents & Tour Operators
                                                                                                                                      1. Community & Club Bookings
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Product Type
                                                                                                                                        1. Road Cycling Tours
                                                                                                                                          1. Mountain & Gravel Biking Tours
                                                                                                                                            1. E-Bike & Hybrid Cycling Tours
                                                                                                                                              1. City & Cultural Cycling Tours
                                                                                                                                                1. Bikepacking & Adventure Expeditions
                                                                                                                                                2. By Trip Duration
                                                                                                                                                  1. Day Tours
                                                                                                                                                    1. Short Break Tours (2–3 Days)
                                                                                                                                                      1. Multi-Day Tours (4–7 Days)
                                                                                                                                                        1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                        2. By Traveler Type
                                                                                                                                                          1. Group & Friends-Based Travelers
                                                                                                                                                            1. Solo Travelers
                                                                                                                                                              1. Couples & Family Travelers
                                                                                                                                                                1. Adventure & Experience-Seekers
                                                                                                                                                                2. By Bike Type
                                                                                                                                                                  1. Road/Touring Bikes
                                                                                                                                                                    1. Mountain/Gravel Bikes
                                                                                                                                                                      1. E-Bikes
                                                                                                                                                                        1. Hybrid & City Bikes
                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                          1. Direct Operator Channels
                                                                                                                                                                            1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                              1. Travel Agents & Tour Operators
                                                                                                                                                                                1. Community & Club Bookings
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                  1. Road Cycling Tours
                                                                                                                                                                                    1. Mountain & Gravel Biking Tours
                                                                                                                                                                                      1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                        1. City & Cultural Cycling Tours
                                                                                                                                                                                          1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                          2. By Trip Duration
                                                                                                                                                                                            1. Day Tours
                                                                                                                                                                                              1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                  1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                  2. By Traveler Type
                                                                                                                                                                                                    1. Group & Friends-Based Travelers
                                                                                                                                                                                                      1. Solo Travelers
                                                                                                                                                                                                        1. Couples & Family Travelers
                                                                                                                                                                                                          1. Adventure & Experience-Seekers
                                                                                                                                                                                                          2. By Bike Type
                                                                                                                                                                                                            1. Road/Touring Bikes
                                                                                                                                                                                                              1. Mountain/Gravel Bikes
                                                                                                                                                                                                                1. E-Bikes
                                                                                                                                                                                                                  1. Hybrid & City Bikes
                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                    1. Direct Operator Channels
                                                                                                                                                                                                                      1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                        1. Travel Agents & Tour Operators
                                                                                                                                                                                                                          1. Community & Club Bookings
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                            1. Road Cycling Tours
                                                                                                                                                                                                                              1. Mountain & Gravel Biking Tours
                                                                                                                                                                                                                                1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                                                                  1. City & Cultural Cycling Tours
                                                                                                                                                                                                                                    1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                                                                    2. By Trip Duration
                                                                                                                                                                                                                                      1. Day Tours
                                                                                                                                                                                                                                        1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                                                          1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                                                            1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                                                            2. By Traveler Type
                                                                                                                                                                                                                                              1. Group & Friends-Based Travelers
                                                                                                                                                                                                                                                1. Solo Travelers
                                                                                                                                                                                                                                                  1. Couples & Family Travelers
                                                                                                                                                                                                                                                    1. Adventure & Experience-Seekers
                                                                                                                                                                                                                                                    2. By Bike Type
                                                                                                                                                                                                                                                      1. Road/Touring Bikes
                                                                                                                                                                                                                                                        1. Mountain/Gravel Bikes
                                                                                                                                                                                                                                                          1. E-Bikes
                                                                                                                                                                                                                                                            1. Hybrid & City Bikes
                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                              1. Direct Operator Channels
                                                                                                                                                                                                                                                                1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                                                                  1. Travel Agents & Tour Operators
                                                                                                                                                                                                                                                                    1. Community & Club Bookings
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Road Cycling Tours
                                                                                                                                                                                                                                                                        1. Mountain & Gravel Biking Tours
                                                                                                                                                                                                                                                                          1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                                                                                                            1. City & Cultural Cycling Tours
                                                                                                                                                                                                                                                                              1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                                                                                                              2. By Trip Duration
                                                                                                                                                                                                                                                                                1. Day Tours
                                                                                                                                                                                                                                                                                  1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                                                                                                    1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                                                                                                      1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                                                                                                      2. By Traveler Type
                                                                                                                                                                                                                                                                                        1. Group & Friends-Based Travelers
                                                                                                                                                                                                                                                                                          1. Solo Travelers
                                                                                                                                                                                                                                                                                            1. Couples & Family Travelers
                                                                                                                                                                                                                                                                                              1. Adventure & Experience-Seekers
                                                                                                                                                                                                                                                                                              2. By Bike Type
                                                                                                                                                                                                                                                                                                1. Road/Touring Bikes
                                                                                                                                                                                                                                                                                                  1. Mountain/Gravel Bikes
                                                                                                                                                                                                                                                                                                    1. E-Bikes
                                                                                                                                                                                                                                                                                                      1. Hybrid & City Bikes
                                                                                                                                                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                                                                                                                                                        1. Direct Operator Channels
                                                                                                                                                                                                                                                                                                          1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                                                                                                            1. Travel Agents & Tour Operators
                                                                                                                                                                                                                                                                                                              1. Community & Club Bookings
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                1. Road Cycling Tours
                                                                                                                                                                                                                                                                                                                  1. Mountain & Gravel Biking Tours
                                                                                                                                                                                                                                                                                                                    1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                                                                                                                                                      1. City & Cultural Cycling Tours
                                                                                                                                                                                                                                                                                                                        1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                                                                                                                                                        2. By Trip Duration
                                                                                                                                                                                                                                                                                                                          1. Day Tours
                                                                                                                                                                                                                                                                                                                            1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                                                                                                                                              1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                                                                                                                                                1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                                                                                                                                                2. By Traveler Type
                                                                                                                                                                                                                                                                                                                                  1. Group & Friends-Based Travelers
                                                                                                                                                                                                                                                                                                                                    1. Solo Travelers
                                                                                                                                                                                                                                                                                                                                      1. Couples & Family Travelers
                                                                                                                                                                                                                                                                                                                                        1. Adventure & Experience-Seekers
                                                                                                                                                                                                                                                                                                                                        2. By Bike Type
                                                                                                                                                                                                                                                                                                                                          1. Road/Touring Bikes
                                                                                                                                                                                                                                                                                                                                            1. Mountain/Gravel Bikes
                                                                                                                                                                                                                                                                                                                                              1. E-Bikes
                                                                                                                                                                                                                                                                                                                                                1. Hybrid & City Bikes
                                                                                                                                                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                  1. Direct Operator Channels
                                                                                                                                                                                                                                                                                                                                                    1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                                                                                                                                                      1. Travel Agents & Tour Operators
                                                                                                                                                                                                                                                                                                                                                        1. Community & Club Bookings
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                                          1. Road Cycling Tours
                                                                                                                                                                                                                                                                                                                                                            1. Mountain & Gravel Biking Tours
                                                                                                                                                                                                                                                                                                                                                              1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                                                                                                                                                                                                1. City & Cultural Cycling Tours
                                                                                                                                                                                                                                                                                                                                                                  1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                                                                                                                                                                                                  2. By Trip Duration
                                                                                                                                                                                                                                                                                                                                                                    1. Day Tours
                                                                                                                                                                                                                                                                                                                                                                      1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                                                                                                                                                                                        1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                                                                                                                                                                                          1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                                                                                                                                                                                          2. By Traveler Type
                                                                                                                                                                                                                                                                                                                                                                            1. Group & Friends-Based Travelers
                                                                                                                                                                                                                                                                                                                                                                              1. Solo Travelers
                                                                                                                                                                                                                                                                                                                                                                                1. Couples & Family Travelers
                                                                                                                                                                                                                                                                                                                                                                                  1. Adventure & Experience-Seekers
                                                                                                                                                                                                                                                                                                                                                                                  2. By Bike Type
                                                                                                                                                                                                                                                                                                                                                                                    1. Road/Touring Bikes
                                                                                                                                                                                                                                                                                                                                                                                      1. Mountain/Gravel Bikes
                                                                                                                                                                                                                                                                                                                                                                                        1. E-Bikes
                                                                                                                                                                                                                                                                                                                                                                                          1. Hybrid & City Bikes
                                                                                                                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                            1. Direct Operator Channels
                                                                                                                                                                                                                                                                                                                                                                                              1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                                                                                                                                                                                                1. Travel Agents & Tour Operators
                                                                                                                                                                                                                                                                                                                                                                                                  1. Community & Club Bookings
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                                    1. Road Cycling Tours
                                                                                                                                                                                                                                                                                                                                                                                                      1. Mountain & Gravel Biking Tours
                                                                                                                                                                                                                                                                                                                                                                                                        1. E-Bike & Hybrid Cycling Tours
                                                                                                                                                                                                                                                                                                                                                                                                          1. City & Cultural Cycling Tours
                                                                                                                                                                                                                                                                                                                                                                                                            1. Bikepacking & Adventure Expeditions
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Trip Duration
                                                                                                                                                                                                                                                                                                                                                                                                              1. Day Tours
                                                                                                                                                                                                                                                                                                                                                                                                                1. Short Break Tours (2–3 Days)
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Multi-Day Tours (4–7 Days)
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Extended & Long-Distance Tours (8+ Days)
                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Traveler Type
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Group & Friends-Based Travelers
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Solo Travelers
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Couples & Family Travelers
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Adventure & Experience-Seekers
                                                                                                                                                                                                                                                                                                                                                                                                                            2. By Bike Type
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Road/Touring Bikes
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Mountain/Gravel Bikes
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. E-Bikes
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Hybrid & City Bikes
                                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Direct Operator Channels
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Online Travel Agencies (OTAs) & Platforms
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Travel Agents & Tour Operators
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Community & Club Bookings
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Cycle Tourism Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Backroads Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Butterfield & Robinson Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. Intrepid Travel
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. G Adventures
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. Exodus Travels Limited
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. MTB Holidays
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Adventure Cycling Association
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Kuoni Travel Holding Ltd.
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. VBT Bicycling Vacations
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Cycling for Softies