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 Stores, Outdoor Specialty Stores, Others); By Region; Segment Fore

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 Stores, Outdoor Specialty Stores, Others); By Region; Segment Forecast, 2023 - 2032

The global mountain bikes market size is expected treach USD 26.41 billion by 2032, according ta 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 intcurrent 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 alsfueled 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 treduce 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 alscontributed tthe 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 ta wider range of riders, including those whmay need tgain the fitness level or technical skills tride traditional mountain bikes.

Mountain Bikes Market Report Highlights

Cross country mountain bike segment is accounted for the largest market share, due tthe rising number of cross-country competitions which is rising the demand for high-performance bikes.

Leisure segment is anticipated thave significant growth over the projected period because increasing in the interest of people in trekking and recreational activities.

Specialty bicycle retailers’ segment is anticipated tgrow at the fastest revenue CAGR due tthe rising demand for sports bicycles and increasing the number of specialty bicycle retailers.

North America is expected tlead the market during the forecast period, due tincreasing the number of mountain biking competitions, and alsthe 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., NorcBicycles, 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 Show more