Product Code: PM1362
The global mountain bikes market size is expected to reach USD 26.41 billion by 2032, according to a new study by Polaris Market Research. The report "Mountain Bikes Market Share, Size, Trends, Industry Analysis Report, By Type; By Application; By Distribution Channel (Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, Others); By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The mountain bike market has grown steadily over the past few decades, driven by an increasing interest in outdoor activities, especially in the recreational and fitness sectors. The market is highly competitive, with numerous brands and models available in different price ranges, styles, and designs.
Several factors, including the growing popularity of bike sports among triathletes worldwide, drive the global mountain bicycle market. In addition, the market is benefiting from the increasing concerns about on-road bike accidents and the rise in interest in using bicycles as a sustainable mode of transportation in urban areas.
The market is also fueled by the high prevalence of health-related problems, such as high blood pressure, diabetes, and obesity, particularly among the youth. Doctors and health trainers are increasingly recommending regular cycling practices to reduce the ill effects of these medical conditions, further influencing the market's growth.
The introduction of new technologies, such as hydraulic disc brakes, suspension systems, and carbon fiber frames, has also contributed to the growth of the mountain bike market. These innovations have improved the performance and durability of mountain bikes, making them more comfortable and versatile for riders of all levels.
In recent years, there has been a surge in demand for e-mountain bikes equipped with electric motors that assist the riders in pedaling. These bikes have opened up the sport of mountain biking to a wider range of riders, including those who may need to gain the fitness level or technical skills to ride traditional mountain bikes.
Mountain Bikes Market Report Highlights:
Cross country mountain bike segment is accounted for the largest market share, due to the rising number of cross-country competitions which is rising the demand for high-performance bikes.
Leisure segment is anticipated to have significant growth over the projected period because increasing in the interest of people in trekking and recreational activities.
Specialty bicycle retailers' segment is anticipated to grow at the fastest revenue CAGR due to the rising demand for sports bicycles and increasing the number of specialty bicycle retailers.
North America is expected to lead the market during the forecast period, due to increasing the number of mountain biking competitions, and also the region has a strong culture of recreational activities.
The global key market players include Rocky Mountain Bicycles, Merida Industry Co. Ltd., Pending System GmbH & Co. KG, LAPIERRE SA, Giant Manufacturing Co. Ltd., Santa Cruz Bicycles LLC., Dorel Industries Inc., BH BIKES EUROPE SL, Youngone Corp., Pivot Cycles EU GmbH, Marin Mountain Bikes Inc., XDS Bike Co., Alta Cycling Group, Grimaldi Industri AB, Kona Bicycle Co, Guangzhou Trinity Cycles Co. Ltd., Trek Bicycle Corp., Norco Bicycles, Pon Holdings BV, and Fuji Bikes.
Polaris Market Research has segmented the Mountain Bikes market report based on type, application, distribution channel, and region:
Mountain Bikes, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Cross Country Mountain Bike
Downhill Mountain Bike
Freeride Mountain Bike
Dirt Jumping Mountain Bike
Trail Mountain Bikes
Others
Mountain Bikes, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Leisure
Competition
Mountain Bikes, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Specialty Bicycle Retailers
Mass Merchants, Full-Line Sporting Goods Store
Outdoor Specialty Store
Others
Mountain Bikes, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Mountain Bikes Market Insights
- 4.1. Mountain Bikes Market - Distribution Channel Snapshot
- 4.2. Mountain Bikes Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing popularity of adventure tourism and outdoor recreational activities
- 4.2.1.2. Rising number of cross-country competitions and events
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Increase in the number of accidents and crashes
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Mountain Bikes Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Mountain Bikes Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 5.3. Cross Country Mountain Bike
- 5.3.1. Global Mountain Bikes Market, by Cross Country Mountain Bike, by Region, 2019-2032 (USD Billion)
- 5.4. Downhill Mountain Bike
- 5.4.1. Global Mountain Bikes Market, by Downhill Mountain Bike, by Region, 2019-2032 (USD Billion)
- 5.5. Freeride Mountain Bike
- 5.5.1. Global Mountain Bikes Market, by Freeride Mountain Bike, by Region, 2019-2032 (USD Billion)
- 5.6. Dirt Jumping Mountain Bike
- 5.6.1. Global Mountain Bikes Market, by Dirt Jumping Mountain Bike, by Region, 2019-2032 (USD Billion)
- 5.7. Trail Mountain Bikes
- 5.7.1. Global Mountain Bikes Market, by Trail Mountain Bikes, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Mountain Bikes Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Mountain Bikes Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 6.3. Leisure
- 6.3.1. Global Mountain Bikes Market, by Leisure, by Region, 2019-2032 (USD Billion)
- 6.4. Competition
- 6.4.1. Global Mountain Bikes Market, by Competition, by Region, 2019-2032 (USD Billion)
7. Global Mountain Bikes Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Specialty Bicycle Retailers
- 7.3.1. Global Mountain Bikes Market, by Specialty Bicycle Retailers, By Region, 2019-2032 (USD Billion)
- 7.4. Mass Merchants, Full-Line Sporting Goods Store
- 7.4.1. Global Mountain Bikes Market, by Mass Merchants, Full-Line Sporting Goods Store, By Region, 2019-2032 (USD Billion)
- 7.5. Outdoor Specialty Store
- 7.5.1. Global Mountain Bikes Market, by Outdoor Specialty Store, By Region, 2019-2032 (USD Billion)
- 7.6. Others
- 7.6.1. Global Mountain Bikes Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Mountain Bikes Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Mountain Bikes Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Mountain Bikes Market - North America
- 8.3.1. North America: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Mountain Bikes Market - U.S.
- 8.3.4.1. U.S.: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Mountain Bikes Market - Canada
- 8.3.5.1. Canada: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4. Mountain Bikes Market - Europe
- 8.4.1. Europe: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Mountain Bikes Market - UK
- 8.4.4.1. UK: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Mountain Bikes Market - France
- 8.4.5.1. France: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Mountain Bikes Market - Germany
- 8.4.6.1. Germany: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Mountain Bikes Market - Italy
- 8.4.7.1. Italy: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Mountain Bikes Market - Spain
- 8.4.8.1. Spain: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Mountain Bikes Market - Netherlands
- 8.4.9.1. Netherlands: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Mountain Bikes Market - Russia
- 8.4.10.1. Russia: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5. Mountain Bikes Market - Asia Pacific
- 8.5.1. Asia Pacific: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Mountain Bikes Market - China
- 8.5.4.1. China: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Mountain Bikes Market - India
- 8.5.5.1. India: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Mountain Bikes Market - Malaysia
- 8.5.6.1. Malaysia: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Mountain Bikes Market - Japan
- 8.5.7.1. Japan: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Mountain Bikes Market - Indonesia
- 8.5.8.1. Indonesia: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Mountain Bikes Market - South Korea
- 8.5.9.1. South Korea: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.6. Mountain Bikes Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Mountain Bikes Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Mountain Bikes Market - UAE
- 8.6.5.1. UAE: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Mountain Bikes Market - Israel
- 8.6.6.1. Israel: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Mountain Bikes Market - South Africa
- 8.6.7.1. South Africa: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.7. Mountain Bikes Market - Latin America
- 8.7.1. Latin America: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Mountain Bikes Market - Mexico
- 8.7.4.1. Mexico: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Mountain Bikes Market - Brazil
- 8.7.5.1. Brazil: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Mountain Bikes Market - Argentina
- 8.7.6.1. Argentina: Mountain Bikes Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Mountain Bikes Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Mountain Bikes Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Dorel Industries Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. BH BIKES EUROPE SL
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Youngone Corp
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Pivot Cycles EU GmbH
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Marin Mountain Bikes Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. XDS Bike Co
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Alta Cycling Group
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Grimaldi Industri AB
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Kona Bicycle Co
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Rocky Mountain Bicycles
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Merida Industry Co. Ltd
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Pending System GmbH & Co. KG
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. LAPIERRE SA
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Giant Manufacturing Co. Ltd
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Santa Cruz Bicycles LLC
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Guangzhou Trinity Cycles Co. Ltd
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Trek Bicycle Corp
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Norco Bicycles
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Pon Holdings BV
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. Fuji Bikes
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development