Mountain Bike Market was worth US$ 5.6 Bn in 2021 and total revenue is expected to grow at a rate of 12 % CAGR from 2021 to 2029, reaching almost US$ 13.86 Bn in 2029.Mountain Bike Market Overview:
A mountain bicycle generally referred to a mountain bike, is meant for off-road cycling. It exhibits greater durability and performance in choppy terrains and is usually ridden on mountainous regions that have hard rocks, loose dirt, muddy or grassy tracks, and steep slopes. The sales of mountain bikes have gradually risen over the years with new players entering it with new and better products. Also, mountain biking tourism is acting as a catalyst for economic development in several emerging countries, all over the globe. Mountain biking focuses on off-road travel where bikers ride on dirt roads, and uneven terrains to reach their destination. This is a very eco-friendly industry, which offers healthy, recreational, and non-polluting sustainable transport to riders. Mountain bike tourism is also helpful in bringing revenue for the host community and region.To know about the Research Methodology :- Request Free Sample Report
Mountain Bike Market Dynamics:
The growth in women mountain bikers will be one of the important factors that will positively influence the growth of the global mountain bike market. There is a rise in the number of women mountain bikers, and many leading mountain bike manufactures have also increased the development of bikes especially for women. The demand for bikes, like the women’s line of Liv bikes, that complement the body shape of women, has increased to ensure that the bikers are comfortable during their ride. The companies have made sure that the bikes for women have lesser weight and can offer more comfort resulting in higher confidence levels to the customers. This rise in awareness and women mountain bike rides have given rise to several workshops, groups, and tours across the world. Also, many mountain bike clubs offer women-only rides, events, and races, for example, IMBA, Breeze initiative. These initiatives will drive the demand for mountain bikes among women, which drive the growth of the global mountain bike market. The increasing number of accidents in bike riding contests, as well as the speed with which the country's economic development is accelerated as a result of the mountain biking competitions, are key factors influencing the growth of the global mountain bike market. However, the worldwide mountain bike market's growth is hampered by just single use, poor riding skills, and high maintenance costs. On the other hand, the global mountain bike industry will be fuelled by robust technology and increased sales of riding bikes. Several associations promote the mountain bike market, for instance, the International Mountain Bicycling Association is a non-profit educational association whose mission is to create, enhance and preserve great trail experiences for mountain bikers worldwide. All associations work with the objective of maintaining and promoting trail opportunities for mountain biking by providing assistance, education, and information, which encourage the growth of the mountain bike market. Mountain bike demand has risen as a result of increased competitiveness. Mountain bike tournaments allow participants to earn money while also increasing the market's demand. As a result, increased competition contributes to the country's economic development as well as the rise of the mountain bike market in the near future.Mountain Bike Market Segment Analysis:
Global Mountain Bike Market can be sub-segmented into Type and Application. Based on Type, the market is sub-segmented into Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes and Dirt Jumping Bikes. Cross country bikes held the largest market share of the global market and maintaining its dominance remains the same in the forecast period. Cross country bikes are the most popular and most widely sold. These bikes are used for riding for longer durations through the vast forests and nature trails. These bikes aren’t built to sustain extreme heavy activities and high forces and are rather built to have a strong endurance. These bikes thus require exact control to be ridden through the long stretches of natural landscapes. All-mountain bikes are built to be ridden exactly through the mountainous terrain and rough patches of land. These bikes are, therefore designed, to be extremely durable to sustain the constant forces being exerted on its components from almost any direction.Mountain Bike Market Regional Insights:
North America is expected to account for the largest market share of the global market, thanks to high popularity of mountain biking adventure sport, large per capita income, organized nature of mountain biking sporting body in form of National Collegiate Cycling Association, a large competition, for example, the National Mountain Bike Series and others. The rising influence of media and tourism is also driving the market indirectly and so is the increasing awareness of health benefits related to biking. Additionally, Europe accounts for the second-largest market led by Germany, France, and others. The Asia-Pacific market is expected to generate the fastest growth throughout the forecast period. The Asia-Pacific region is expected to be led by China followed by India. The Middle East and Africa are poised to generate moderate growth skewed in favor of the Gulf economies of Saudi Arabia and the UAE. The objective of the report is to present a comprehensive analysis of the Global Mountain Bike Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Mountain Bike Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Mountain Bike Market make the report investor’s guideGlobal Mountain Bike Market Scope: Inquire before buying
Global Mountain Bike Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.6 Bn. Forecast Period 2022 to 2029 CAGR: 12% Market Size in 2029: US $ 13.86 Bn. Segments Covered: by Type • Cross Country Bikes • All Mountain Bikes • Downhill Bikes • Freeride Bikes • Dirt Jumping Bikes by Application • Racing • Leisure Mountain Bike Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaMountain Bike Market Key Players are:
• Giant Bicycles • Cannondale • Pivot Cycles • TRINX • SCOTT Sports • Trek Bicycle Corporation • XDS BICYCLES • Xidesheng Bicycle Company • CUBE Bikes • Diamondback Bicycles • Beistegui Hermanos SA • Cycling Sports Group Inc. • Derby Cycle Holding GmbH • Dorel Industries Inc. • Merida Industry Co. Ltd. • GT Bicycles • Norco Bicycles • Santa Cruz Bicycles LLCFrequently Asked Questions:
1)What was the market size of Global Mountain Bike Market markets in 2021? Ans - Global Mountain Bike Market was worth US$ 5.6 Bn in 2021. 2) What is the market segment of Global Mountain Bike Market markets? Ans -The market segments are based on Type and Application 3) What is forecast period consider for Global Mountain Bike Market? Ans -The forecast period for Global Mountain Bike Market is 2021 to 2029. 4) Which are the worldwide major key players covered for Global Mountain Bike Market report? Ans - Giant Bicycles, Cannondale, Pivot Cycles, TRINX, SCOTT Sports, Trek Bicycle Corporation, XDS BICYCLES, Xidesheng Bicycle Company, CUBE Bikes, Diamondback Bicycles, Beistegui Hermanos SA, Cycling Sports Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc. , Merida Industry Co. Ltd., GT Bicycles, Norco Bicycles, Santa Cruz Bicycles LLC 5) Which region is dominated in Global Mountain Bike Market? Ans - In 2021, North America region dominated the Global Mountain Bike Market.
To know about the Research Methodology :- Global Mountain Bike Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Mountain Bike Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Mountain Bike Market Analysis and Forecast 6.1. Mountain Bike Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Mountain Bike Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Mountain Bike Market Value Share Analysis, by Type 7.4. Mountain Bike Market Size (US$ Bn) Forecast, by Type 7.5. Mountain Bike Market Analysis, by Type 7.6. Mountain Bike Market Attractiveness Analysis, by Type 8. Global Mountain Bike Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Mountain Bike Market Value Share Analysis, by Application 8.4. Mountain Bike Market Size (US$ Bn) Forecast, by Application 8.5. Mountain Bike Market Analysis, by Application 8.6. Mountain Bike Market Attractiveness Analysis, by Application 9. Global Mountain Bike Market Analysis, by Region 9.1. Mountain Bike Market Value Share Analysis, by Region 9.2. Mountain Bike Market Size (US$ Bn) Forecast, by Region 9.3. Mountain Bike Market Attractiveness Analysis, by Region 10. North America Mountain Bike Market Analysis 10.1. Key Findings 10.2. North America Mountain Bike Market Overview 10.3. North America Mountain Bike Market Value Share Analysis, by Type 10.4. North America Mountain Bike Market Forecast, by Type 10.4.1. Cross Country Bikes 10.4.2. All Mountain Bikes 10.4.3. Downhill Bikes 10.4.4. Freeride Bikes 10.4.5. Dirt Jumping Bikes 10.5. North America Mountain Bike Market Value Share Analysis, by Application 10.6. North America Mountain Bike Market Forecast, by Application 10.6.1. Racing 10.6.2. Leisure 10.7. North America Mountain Bike Market Value Share Analysis, by Country 10.8. North America Mountain Bike Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Mountain Bike Market Analysis, by Country 10.10. U.S. Mountain Bike Market Forecast, by Type 10.10.1. Cross Country Bikes 10.10.2. All Mountain Bikes 10.10.3. Downhill Bikes 10.10.4. Freeride Bikes 10.10.5. Dirt Jumping Bikes 10.11. U.S. Mountain Bike Market Forecast, by Application 10.11.1. Racing 10.11.2. Leisure 10.12. Canada Mountain Bike Market Forecast, by Type 10.12.1. Cross Country Bikes 10.12.2. All Mountain Bikes 10.12.3. Downhill Bikes 10.12.4. Freeride Bikes 10.12.5. Dirt Jumping Bikes 10.13. Canada Mountain Bike Market Forecast, by Application 10.13.1. Racing 10.13.2. Leisure 10.14. North America Mountain Bike Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Mountain Bike Market Analysis 11.1. Key Findings 11.2. Europe Mountain Bike Market Overview 11.3. Europe Mountain Bike Market Value Share Analysis, by Type 11.4. Europe Mountain Bike Market Forecast, by Type 11.4.1. Cross Country Bikes 11.4.2. All Mountain Bikes 11.4.3. Downhill Bikes 11.4.4. Freeride Bikes 11.4.5. Dirt Jumping Bikes 11.5. Europe Mountain Bike Market Value Share Analysis, by Application 11.6. Europe Mountain Bike Market Forecast, by Application 11.6.1. Racing 11.6.2. Leisure 11.7. Europe Mountain Bike Market Value Share Analysis, by Country 11.8. Europe Mountain Bike Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Mountain Bike Market Analysis, by Country 11.10. Germany Mountain Bike Market Forecast, by Type 11.10.1. Cross Country Bikes 11.10.2. All Mountain Bikes 11.10.3. Downhill Bikes 11.10.4. Freeride Bikes 11.10.5. Dirt Jumping Bikes 11.11. Germany Mountain Bike Market Forecast, by Application 11.11.1. Racing 11.11.2. Leisure 11.12. U.K. Mountain Bike Market Forecast, by Type 11.12.1. Cross Country Bikes 11.12.2. All Mountain Bikes 11.12.3. Downhill Bikes 11.12.4. Freeride Bikes 11.12.5. Dirt Jumping Bikes 11.13. U.K. Mountain Bike Market Forecast, by Application 11.13.1. Racing 11.13.2. Leisure 11.14. France Mountain Bike Market Forecast, by Type 11.14.1. Cross Country Bikes 11.14.2. All Mountain Bikes 11.14.3. Downhill Bikes 11.14.4. Freeride Bikes 11.14.5. Dirt Jumping Bikes 11.15. France Mountain Bike Market Forecast, by Application 11.15.1. Racing 11.15.2. Leisure 11.16. Italy Mountain Bike Market Forecast, by Type 11.16.1. Cross Country Bikes 11.16.2. All Mountain Bikes 11.16.3. Downhill Bikes 11.16.4. Freeride Bikes 11.16.5. Dirt Jumping Bikes 11.17. Italy Mountain Bike Market Forecast, by Application 11.17.1. Racing 11.17.2. Leisure 11.18. Spain Mountain Bike Market Forecast, by Type 11.18.1. Cross Country Bikes 11.18.2. All Mountain Bikes 11.18.3. Downhill Bikes 11.18.4. Freeride Bikes 11.18.5. Dirt Jumping Bikes 11.19. Spain Mountain Bike Market Forecast, by Application 11.19.1. Racing 11.19.2. Leisure 11.20. Rest of Europe Mountain Bike Market Forecast, by Type 11.20.1. Cross Country Bikes 11.20.2. All Mountain Bikes 11.20.3. Downhill Bikes 11.20.4. Freeride Bikes 11.20.5. Dirt Jumping Bikes 11.21. Rest of Europe Mountain Bike Market Forecast, by Application 11.21.1. Racing 11.21.2. Leisure 11.22. Europe Mountain Bike Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Mountain Bike Market Analysis 12.1. Key Findings 12.2. Asia Pacific Mountain Bike Market Overview 12.3. Asia Pacific Mountain Bike Market Value Share Analysis, by Type 12.4. Asia Pacific Mountain Bike Market Forecast, by Type 12.4.1. Cross Country Bikes 12.4.2. All Mountain Bikes 12.4.3. Downhill Bikes 12.4.4. Freeride Bikes 12.4.5. Dirt Jumping Bikes 12.5. Asia Pacific Mountain Bike Market Value Share Analysis, by Application 12.6. Asia Pacific Mountain Bike Market Forecast, by Application 12.6.1. Racing 12.6.2. Leisure 12.7. Asia Pacific Mountain Bike Market Value Share Analysis, by Country 12.8. Asia Pacific Mountain Bike Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Mountain Bike Market Analysis, by Country 12.10. China Mountain Bike Market Forecast, by Type 12.10.1. Cross Country Bikes 12.10.2. All Mountain Bikes 12.10.3. Downhill Bikes 12.10.4. Freeride Bikes 12.10.5. Dirt Jumping Bikes 12.11. China Mountain Bike Market Forecast, by Application 12.11.1. Racing 12.11.2. Leisure 12.12. India Mountain Bike Market Forecast, by Type 12.12.1. Cross Country Bikes 12.12.2. All Mountain Bikes 12.12.3. Downhill Bikes 12.12.4. Freeride Bikes 12.12.5. Dirt Jumping Bikes 12.13. India Mountain Bike Market Forecast, by Application 12.13.1. Racing 12.13.2. Leisure 12.14. Japan Mountain Bike Market Forecast, by Type 12.14.1. Cross Country Bikes 12.14.2. All Mountain Bikes 12.14.3. Downhill Bikes 12.14.4. Freeride Bikes 12.14.5. Dirt Jumping Bikes 12.15. Japan Mountain Bike Market Forecast, by Application 12.15.1. Racing 12.15.2. Leisure 12.16. ASEAN Mountain Bike Market Forecast, by Type 12.16.1. Cross Country Bikes 12.16.2. All Mountain Bikes 12.16.3. Downhill Bikes 12.16.4. Freeride Bikes 12.16.5. Dirt Jumping Bikes 12.17. ASEAN Mountain Bike Market Forecast, by Application 12.17.1. Racing 12.17.2. Leisure 12.18. Rest of Asia Pacific Mountain Bike Market Forecast, by Type 12.18.1. Cross Country Bikes 12.18.2. All Mountain Bikes 12.18.3. Downhill Bikes 12.18.4. Freeride Bikes 12.18.5. Dirt Jumping Bikes 12.19. Rest of Asia Pacific Mountain Bike Market Forecast, by Application 12.19.1. Racing 12.19.2. Leisure 12.20. Asia Pacific Mountain Bike Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Mountain Bike Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Mountain Bike Market Overview 13.3. Middle East & Africa Mountain Bike Market Value Share Analysis, by Type 13.4. Middle East & Africa Mountain Bike Market Forecast, by Type 13.4.1. Cross Country Bikes 13.4.2. All Mountain Bikes 13.4.3. Downhill Bikes 13.4.4. Freeride Bikes 13.4.5. Dirt Jumping Bikes 13.5. Middle East & Africa Mountain Bike Market Value Share Analysis, by Application 13.6. Middle East & Africa Mountain Bike Market Forecast, by Application 13.6.1. Racing 13.6.2. Leisure 13.7. Middle East & Africa Mountain Bike Market Value Share Analysis, by Country 13.8. Middle East & Africa Mountain Bike Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Mountain Bike Market Analysis, by Country 13.10. GCC Mountain Bike Market Forecast, by Type 13.10.1. Cross Country Bikes 13.10.2. All Mountain Bikes 13.10.3. Downhill Bikes 13.10.4. Freeride Bikes 13.10.5. Dirt Jumping Bikes 13.11. GCC Mountain Bike Market Forecast, by Application 13.11.1. Racing 13.11.2. Leisure 13.12. South Africa Mountain Bike Market Forecast, by Type 13.12.1. Cross Country Bikes 13.12.2. All Mountain Bikes 13.12.3. Downhill Bikes 13.12.4. Freeride Bikes 13.12.5. Dirt Jumping Bikes 13.13. South Africa Mountain Bike Market Forecast, by Application 13.13.1. Racing 13.13.2. Leisure 13.14. Rest of Middle East & Africa Mountain Bike Market Forecast, by Type 13.14.1. Cross Country Bikes 13.14.2. All Mountain Bikes 13.14.3. Downhill Bikes 13.14.4. Freeride Bikes 13.14.5. Dirt Jumping Bikes 13.15. Rest of Middle East & Africa Mountain Bike Market Forecast, by Application 13.15.1. Racing 13.15.2. Leisure 13.16. Middle East & Africa Mountain Bike Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Mountain Bike Market Analysis 14.1. Key Findings 14.2. South America Mountain Bike Market Overview 14.3. South America Mountain Bike Market Value Share Analysis, by Type 14.4. South America Mountain Bike Market Forecast, by Type 14.4.1. Cross Country Bikes 14.4.2. All Mountain Bikes 14.4.3. Downhill Bikes 14.4.4. Freeride Bikes 14.4.5. Dirt Jumping Bikes 14.5. South America Mountain Bike Market Value Share Analysis, by Application 14.6. South America Mountain Bike Market Forecast, by Application 14.6.1. Racing 14.6.2. Leisure 14.7. South America Mountain Bike Market Value Share Analysis, by Country 14.8. South America Mountain Bike Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Mountain Bike Market Analysis, by Country 14.10. Brazil Mountain Bike Market Forecast, by Type 14.10.1. Cross Country Bikes 14.10.2. All Mountain Bikes 14.10.3. Downhill Bikes 14.10.4. Freeride Bikes 14.10.5. Dirt Jumping Bikes 14.11. Brazil Mountain Bike Market Forecast, by Application 14.11.1. Racing 14.11.2. Leisure 14.12. Mexico Mountain Bike Market Forecast, by Type 14.12.1. Cross Country Bikes 14.12.2. All Mountain Bikes 14.12.3. Downhill Bikes 14.12.4. Freeride Bikes 14.12.5. Dirt Jumping Bikes 14.13. Mexico Mountain Bike Market Forecast, by Application 14.13.1. Racing 14.13.2. Leisure 14.14. Rest of South America Mountain Bike Market Forecast, by Type 14.14.1. Cross Country Bikes 14.14.2. All Mountain Bikes 14.14.3. Downhill Bikes 14.14.4. Freeride Bikes 14.14.5. Dirt Jumping Bikes 14.15. Rest of South America Mountain Bike Market Forecast, by Application 14.15.1. Racing 14.15.2. Leisure 14.16. South America Mountain Bike Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Giant Bicycles 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Cannondale 15.3.3. Pivot Cycles 15.3.4. TRINX 15.3.5. SCOTT Sports 15.3.6. Trek Bicycle Corporation 15.3.7. XDS BICYCLES 15.3.8. Xidesheng Bicycle Company 15.3.9. CUBE Bikes 15.3.10. Diamondback Bicycles. 15.3.11. Beistegui Hermanos SA 15.3.12. Cycling Sports Group Inc. 15.3.13. Derby Cycle Holding GmbH 15.3.14. Dorel Industries Inc. 15.3.15. Merida Industry Co. Ltd. 15.3.16. GT Bicycles 15.3.17. Norco Bicycles 15.3.18. Santa Cruz Bicycles LLC 16. Primary Key Insights