Global Mountain Bicycles Sales Market Report 2022

Mountain Bicycles Market 

Due to the COVID-19 pandemic, the global Mountain Bicycles market size is estimated to be worth US$ 6282 million in 2021 and is forecast to a readjusted size of US$ 6282 million by 2028 with a CAGR of 5.5% during the review period.

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.

Fully considering the economic change by this health crisis, by Type accounting for % of the Mountain Bicycles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Global Mountain Bicycles key players include Giant, Trek, XDS, Specialized, Merida, etc. Global top five manufacturers hold a share about 50%. China is the largest consumption market, with a share over 80%, followed by Europe and North America, total have a share over 10 percent. In terms of product, Hardtail is the largest segment, with a share over 55%. And in terms of application, the largest application is Household, followed by Commercial Use.

The global Mountain Bicycles market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Mountain Bicycles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Type

• Rigid
• Hardtail
• Softail
• Full Suspension

By Application

• Household
• Commercial

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

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