Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Mountain Bike Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Mountain Bike Market?
The market size for mountain bikes has seen significant expansion over the past few years. The market is projected to increase from $9.27 billion in 2024 to $9.99 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.7%.
What Are the Expected Market Growth Trends for the Mountain Bike Market Through 2029?
The Mountain Bike Global Market is predicted to grow to a size of $13.77 billion by 2029, with a compound annual growth rate (CAGR) of 8.4%.
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What Are the Key Business Drivers in the Mountain Bike Market Landscape?
The key drivers in the mountain bike market are:
• Rising demand for e-mountain bikes
• Growing female participation in mountain biking
• Increasing focus on eco-friendly transportation
• Expanding global mountain biking events and popularity of adventure tourism.
How Is the Mountain Bike Market Divided Across Key Categories?
The mountain bike market covered in this report is segmented –
1) By Types: Cross Country Bikes, Trail Mountain Bikes, Downhill Bikes, All Mountain Bikes, Dirt Jumping Bikes, Freeride Bikes, Other Types
2) By Distribution Channel: Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, Other Distribution Channels
3) By Applications: Leisure, Competition
4) By End User: Recreational Or Amateur Riders, Professional Or Elite Riders
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What Are the Ongoing Trends in the Mountain Bike Market?
The key trends in the mountain bike market are:
• Integration of smart technologies into mountain bikes is an emerging trend.
• There is a growing trend of designing specific bikes for different mountain biking needs.
• Expansion of mountain biking infrastructure is shaping the future of the market.
• The development of high-performance suspension systems for mountain bikes is becoming increasingly popular.
Which Companies are Expanding in the Mountain Bike Industry?
Major players in the mountain bike market are:
• Giant Manufacturing Co. Ltd.
• Dorel Industries Inc.
• Merida Industry Co. Ltd.
• Trek Bicycle Corporation
• Specialized Bicycle Components
• Cube Bikes
• Orbea
• Cannondale Bicycle Corporation
• Santa Cruz Bicycles
• BMC Switzerland
• Gary Turner (GT) Bicycles
• Norco Bicycles
• Pivot Cycles
• Yeti Cycles
• Fuji Bikes
• Intense Cycles
• Rocky Mountain Bicycles
• Scott Sports
• Alta Cycling Group
• Mongoose Bikes
• Haro Bikes
• Trinx Bikes
• Transition Bikes
• Kona Bicycle Company
• Diamondback Bicycles
Which is the Largest Region the Global Mountain Bike Market?
North America was the largest region in the mountain bike market in 2024
