Global Mountain Bicycles Industry Research Report, Growth Trends and Competitive Analysis 2021-2027

A mountain bike or mountain bicycle (abbreviated Mtn Bike or MTB) is a bicycle designed for off-road cycling. Mountain bikes share similarities with other bikes, but incorporate features designed to enhance durability and performance in rough terrain. These typically include a front or full suspension, large knobby tires, more durable wheels, more powerful brakes, and lower gear ratios for climbing steep grades. Mountain bikes are typically ridden on mountain trails, single track, fire roads, and other unpaved surfaces. This type of terrain commonly has rocks, roots, loose dirt, and steep grades. Many trails have additional TTF's (Technical Trail Features) such as log piles, log rides, rock gardens, skinnies, gap jumps, and wall-rides. Mountain bikes are built to handle these types of terrain and features. The heavy-duty construction combined with stronger rims and wider tires has also made this style of bicycle popular with urban riders and couriers who must navigate through potholes and over curbs.
The global Mountain Bicycles sales is estimated to reach about 15597 K Units by the end of 2017, which is expected to reach 19580 K Units in 2022. Overall, the Mountain Bicycles products performance is positive with the current environment status.

Currently, there are many players in Mountain Bicycles market. The main market players internationally are Giant, Trek, Specialized, Cannondale, Santa Cruz, GT Bicycles, Scott, Yeti, Merida, Kona, Rocky Mountain Bicycles, XDS and etc. Brands like Giant, Trek, Specialized and Merida, XDS are also playing important roles in Mountain Bicycles industry. The competition will be more intense in the following years.

China (including Taiwan) is the biggest production areas for Mountain Bicycles, taking about 83.21% market share in 2016 (based on output volume), Europe followed the second, with about 8.44% market share. In Consumption market, sales of Mountain Bicycles in Europe will increase to be 5601 K Units in 2017 from 4490 K Units in 2012, which is the biggest consumption area in current market pattern. North America ranks the second largest consumption area, with sales volume and market share of 5127 K Units and 34.47% in 2016.

In 2020, the global Mountain Bicycles market size was US$ 6221 million and is forecast to 8336.7 million US in 2027, growing at a CAGR of 5.0% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Mountain Bicycles.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Mountain Bicycles market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Mountain Bicycles market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Mountain Bicycles market. Readers of the report can become informed about current and future trends of the global Mountain Bicycles market and how they will impact market growth during the forecast period.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Segment by Type
Rigid
Hardtail
Softail
Full Suspension

Segment by Application
Household
Commercial

By Company
Giant
Trek
Specialized
Cannondale
Santa Cruz
Company six
Scott
Yeti
Merida
Kona
Rocky Mountain Bicycles
XDS

Frequently Asked Questions