Market Overview:
The global mountain bicycles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of cycling enthusiasts, rising awareness about health and fitness, and increasing adoption of mountain bikes for commercial applications. The global mountain bicycles market is segmented on the basis of type into rigid, hardtail, softail, and full suspension bikes. The full suspension segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its superior performance on rough terrains as compared to other types of bikes. On the basis of application, the global mountain bicycles market is segmented into household and commercial applications. The commercial application segment is expected to grow at a higher CAGR than household applications during the forecast period owing to an increase in demand for mountain bikes from e-commerce companies for delivery purposes.
Product Definition:
Mountain bikes are off-road bicycles designed for riding on mountainous terrain. They have wider tires than other types of bicycles, which makes them better suited for rough terrain. Mountain bikes are also typically outfitted with suspension systems that help to absorb the shocks from bumpy trails.
Rigid:
Rigid mountain bicycles are also known as “fixies” or “FRAM” bikes. They are a type of bicycle that has no suspension and is made up of stronger, sturdier and heavier materials than standard mountain bikes. The frames are built to withstand the stress that the rider exerts on it while riding down steep paths, rocks and off-road terrain at high speeds.
Hardtail:
Hardtail is a type of mountain bicycle, which has no rear suspension. The design of this bicycle makes it more stable and easier to control while riding at high speed. Hardtails are generally lighter than their counterparts as they lack the weight of a rear shock or fork. Also, hardtails offer better handling due to their rigid frame and wide tires compared to softails; hence many experienced riders prefer them over other types of bicycles for racing or Mountain Bike Touring (MTB).
Application Insights:
The commercial segment dominated the global market in 2017, accounting for over 70.0% share of the total revenue. The segment is expected to witness significant growth owing to increasing demand from end-users including tourists and commuters for recreational and utility purposes. Furthermore, increasing number of resorts, hotels and restaurants at the foothills of the Himalayas serving exotic food items is expected to boost product demand in this application segment over the forecast period.
Household was estimated as one of the largest application segments in 2017 owing to growing awareness about health benefits among consumers regarding cycling as a mode of transportation instead using cars or motorcycles leading to increased bicycle sales especially during weekends and holidays which has resulted in boosting industry size significantly within a short period since its inception few years ago across various regions globally such as North America, Europe, Asia Pacific etc.
Regional Analysis:
Asia Pacific dominated the global mountain bicycles market in 2017. This is attributed to increasing disposable income, growing popularity of outdoor sports activities, and supportive government initiatives. Increasing number of manufacturers and distributors in China has led to increased availability of high-quality products at competitive prices. In addition, rising awareness regarding health benefits associated with cycling is expected to drive regional demand over the forecast period.
Europe accounted for a significant share owing to increasing focus on alternative forms of transportation other than cars as well as growing interest among consumers towards healthy lifestyles that can help reduce stress levels and increase energy expenditure. Moreover, presence of various trade shows related to bicycles & motorcycle tourism along with several tour operators specialized in offering bicycle adventures across Europe are expected to boost product demand over the next eight years (2030).
Growth Factors:
- Increasing popularity of mountain biking as a recreational activity.
- Growing number of mountain bike trails and parks, providing more opportunities for people to ride.
- Advances in mountain bike technology, making bikes lighter and easier to ride.
- Increased media exposure, raising awareness of the sport among potential riders.
- Rising demand from emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Mountain Bicycles Market Research Report
By Type
Rigid, Hardtail, Softail, Full Suspension
By Application
Household, Commercial
By Companies
Giant, Trek, Specialized, Cannondale, Santa Cruz, Company six, Scott, Yeti, Merida, Kona, Rocky Mountain Bicycles, XDS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Mountain Bicycles Market Report Segments:
The global Mountain Bicycles market is segmented on the basis of:
Types
Rigid, Hardtail, Softail, Full Suspension
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Giant
- Trek
- Specialized
- Cannondale
- Santa Cruz
- Company six
- Scott
- Yeti
- Merida
- Kona
- Rocky Mountain Bicycles
- XDS
Highlights of The Mountain Bicycles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid
- Hardtail
- Softail
- Full Suspension
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mountain Bicycles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mountain Bicycles is a company that manufactures bicycles.
Some of the major players in the mountain bicycles market are Giant, Trek, Specialized, Cannondale, Santa Cruz, Company six, Scott, Yeti, Merida, Kona, Rocky Mountain Bicycles, XDS.
The mountain bicycles market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mountain Bicycles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mountain Bicycles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mountain Bicycles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mountain Bicycles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mountain Bicycles Market Size & Forecast, 2020-2028
4.5.1 Mountain Bicycles Market Size and Y-o-Y Growth
4.5.2 Mountain Bicycles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rigid
5.2.2 Hardtail
5.2.3 Softail
5.2.4 Full Suspension
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mountain Bicycles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mountain Bicycles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rigid
9.6.2 Hardtail
9.6.3 Softail
9.6.4 Full Suspension
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rigid
10.6.2 Hardtail
10.6.3 Softail
10.6.4 Full Suspension
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rigid
11.6.2 Hardtail
11.6.3 Softail
11.6.4 Full Suspension
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rigid
12.6.2 Hardtail
12.6.3 Softail
12.6.4 Full Suspension
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rigid
13.6.2 Hardtail
13.6.3 Softail
13.6.4 Full Suspension
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mountain Bicycles Market: Competitive Dashboard
14.2 Global Mountain Bicycles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Giant
14.3.2 Trek
14.3.3 Specialized
14.3.4 Cannondale
14.3.5 Santa Cruz
14.3.6 Company six
14.3.7 Scott
14.3.8 Yeti
14.3.9 Merida
14.3.10 Kona
14.3.11 Rocky Mountain Bicycles
14.3.12 XDS
