×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Mountain Bike Market

ID: MRFR/AT/3727-CR
128 Pages
Swapnil Palwe
October 2024

Mountain Bikes Market Research Report By Type (Downhill, Freeride, Dirt Jumping, Cross Country, All Mountain and Others), by Riding Type (Indoor and Outdoor), by Application (Racing and Leisure), by End-Users (Beginners/ Intermediate riders and Advanced Riders), By End-Users Age (Kids/Teenagers, Adults and Seniors), by End-Users Gender (Men, Women and Unisex) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) – Industry Growth & Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Mountain Bike Market Infographic
Purchase Options

Mountain Bike Market Summary

As per MRFR analysis, the Mountain Bike Market Size was estimated at 13266.85 USD Million in 2024. The Mountain Bike industry is projected to grow from 14450.29 in 2025 to 33959.59 by 2035, exhibiting a compound annual growth rate (CAGR) of 8.92 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Mountain Bike Market is experiencing a dynamic shift towards sustainability and technological advancements.

  • The North American market remains the largest, driven by a strong consumer base and established infrastructure.
  • In the Asia-Pacific region, the market is rapidly expanding, fueled by increasing disposable incomes and a growing interest in outdoor activities.
  • Cross Country bikes dominate sales, while Trail bikes are emerging as the fastest-growing segment due to their versatility and appeal.
  • Rising health consciousness and environmental awareness are key drivers, propelling demand for e-mountain bikes and sustainable materials.

Market Size & Forecast

2024 Market Size 13266.85 (USD Million)
2035 Market Size 33959.59 (USD Million)
CAGR (2025 - 2035) 8.92%

Major Players

Trek Bicycle Corporation (US), Specialized Bicycle Components (US), Giant Manufacturing Co. Ltd. (TW), Cannondale Bicycle Corporation (US), Santa Cruz Bicycles (US), Scott Sports SA (CH), Merida Industry Co. Ltd. (TW), Bianchi (IT), Kona Bicycle Company (CA)

Mountain Bike Market Trends

The Mountain Bike Market is currently experiencing a dynamic evolution, characterized by a growing interest in outdoor activities and an increasing emphasis on health and fitness. This trend appears to be driven by a rising awareness of the benefits associated with cycling, such as improved cardiovascular health and mental well-being. Additionally, the market is witnessing a surge in technological advancements, with manufacturers focusing on enhancing bike performance and rider experience. Innovations in materials and design are likely to attract a broader audience, including both seasoned cyclists and newcomers to the sport. Furthermore, the integration of smart technology into mountain bikes may provide users with enhanced tracking and performance metrics, potentially revolutionizing the riding experience. Moreover, the e mountain bike market seems to be influenced by shifting consumer preferences towards sustainable and eco-friendly products. As environmental concerns gain prominence, many consumers are opting for bicycles that are produced using sustainable practices and materials. This inclination towards sustainability may encourage manufacturers to adopt greener production methods and develop bikes that align with eco-conscious values. Consequently, the market landscape is evolving, with a focus on not only performance and innovation but also on environmental responsibility, which could shape future purchasing decisions and brand loyalty among consumers.

Sustainability Focus

There is a growing emphasis on sustainability within the Mountain Bike Market. Consumers are increasingly seeking eco-friendly products, prompting manufacturers to adopt greener practices. This shift may lead to the development of bicycles made from sustainable materials and produced through environmentally responsible methods. As a result, brands that prioritize sustainability could gain a competitive edge. in the mountain bike market share.

Technological Advancements

The Mountain Bike Market is witnessing a notable shift towards the incorporation of advanced technologies. Innovations in bike design, materials, and performance features are becoming increasingly prevalent. Manufacturers are focusing on enhancing rider experience through improved suspension systems, lightweight frames, and integrated smart technology. This trend may attract a diverse range of consumers, from competitive athletes to casual riders. boosting the overall mountain bike market size.

E-Mountain Bike Popularity

The rise of e-mountain bikes is reshaping the landscape of cycling. These electric-assisted bicycles are attracting a diverse range of riders, making mountain biking more accessible and appealing to those who may have previously been deterred by physical challenges.

Mountain Bike Market Drivers

Environmental Awareness

A growing awareness of environmental issues influences consumer preferences within the Mountain Bikes Industry. As sustainability becomes a priority, many consumers opt for eco-friendly transportation alternatives, including mountain biking. This shift is particularly pronounced in urban areas where cycling is promoted as a sustainable mode of transport. Additionally, manufacturers are responding by producing bikes with sustainable materials and practices. This alignment with environmental values not only attracts eco-conscious consumers but also enhances brand loyalty, thereby fostering long-term growth in the industry as it adapts to changing consumer expectations.

Growing Adventure Tourism

The Mountain Bikes Industry benefits significantly from the rise of adventure tourism. As more individuals seek unique and exhilarating experiences, mountain biking becomes a favored activity in various tourist destinations. Regions known for their scenic trails and natural landscapes are witnessing an influx of biking enthusiasts, thereby boosting local economies. This trend is further supported by the development of biking trails and infrastructure in popular tourist areas. The industry's growth is projected to align with the increasing popularity of adventure tourism, contributing to the anticipated market value of 33.9 USD Billion by 2035.

Market Growth Projections

The MTB Market is poised for substantial growth, with projections indicating a market value of 13.3 USD Billion in 2024 and an anticipated increase to 33.9 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 8.91% from 2025 to 2035. Such figures underscore the industry's resilience and adaptability in meeting evolving consumer demands. The market's expansion is likely to be driven by various factors, including technological advancements, increasing health consciousness, and the growing popularity of outdoor activities.

Technological Advancements

Technological innovations play a pivotal role in shaping the Mountain Bikes Market. Manufacturers are increasingly integrating advanced materials and engineering techniques to enhance bike performance, durability, and rider experience. Innovations such as lightweight carbon frames, improved suspension systems, and smart technology integration are attracting a broader audience. These advancements not only cater to professional cyclists but also appeal to recreational riders seeking enhanced performance. As a result, the market is expected to witness a compound annual growth rate of 8.91% from 2025 to 2035, indicating a robust growth trajectory driven by continuous technological evolution.

Increasing Health Consciousness

The Mountain Bikes Industry experiences a notable surge in demand driven by the increasing health consciousness among consumers. As individuals prioritize physical fitness and outdoor activities, mountain biking emerges as a popular choice for exercise and recreation. This trend is particularly evident in urban areas where cycling infrastructure is improving. The market is projected to reach 13.3 USD Billion in 2024, reflecting a growing inclination towards healthier lifestyles. Furthermore, the rise of fitness-focused communities and events promotes mountain biking as a viable option for maintaining physical well-being, thereby contributing to the industry's expansion.

Youth Engagement in Outdoor Activities

The MTB Industry is significantly impacted by the increasing engagement of youth in outdoor activities. As younger generations seek alternatives to digital entertainment, outdoor sports like mountain biking gain popularity. Schools and community programs are increasingly promoting cycling as a healthy and enjoyable activity, leading to a rise in youth participation. This trend is likely to create a new customer base for the industry, ensuring sustained growth. The focus on youth engagement aligns with broader societal shifts towards active lifestyles, further solidifying the market's potential for expansion in the coming years.

Market Segment Insights

By Mountain Bike Type: Cross Country (Largest) vs. Trail (Fastest-Growing)

The Mountain Bike Market is primarily divided into various types, with Cross Country bikes holding the largest market share due to their versatility and efficiency on diverse terrains. Trail bikes also showcase significant popularity, appealing to riders who seek a balance between performance and durability. The All Mountain segment is gaining traction due to an increasing preference for bikes that provide stability and capability over varied landscapes. Downhill and Fat Bikes, while niche, have their dedicated enthusiasts contributing to a steady growth in their respective markets.

Cross Country: Dominant vs. Trail: Emerging

Cross Country bikes are recognized for their lightweight construction and excellent climbing ability, making them the preferred choice for competitive riders and recreational cyclists seeking speed. Meanwhile, Trail bikes support more rugged terrains and feature a mix of climbing efficiency and descending capability, making them popular among a wider audience. The emerging trend towards Trail bikes is driven by the increasing number of mountain biking trails and the desire for more versatile riding experiences. As technology in bike design evolves, both segments thrive, with Cross Country bikes maintaining dominance while Trail bikes capture the hearts of newer riders.

By Frame Material: Aluminum (Largest) vs. Carbon Fiber (Fastest-Growing)

In the Mountain Bike Market, frame materials significantly influence performance, durability, and weight. Currently, aluminum dominates the market due to its balance of affordability and strength, claiming the largest share among other materials. Steel, while traditionally favored for its resilience, is being overshadowed by lighter alternatives. Titanium offers premium benefits but remains a niche choice due to its higher cost, leading to carbon fiber making strides in attractiveness to serious bikers looking for lightweight options.

Aluminum (Dominant) vs. Carbon Fiber (Emerging)

Aluminum frames are highly regarded in the mountain bike sector for their lightweight, corrosion resistance, and affordability, making them the go-to choice for both amateur and professional bikers. Their versatility allows manufacturers to create a wide range of bike styles. In contrast, carbon fiber frames, recognized for their incredible strength-to-weight ratio, are becoming increasingly popular. They offer superior performance and vibration dampening, appealing to serious riders willing to invest in high-quality gear. As technology advances, carbon fiber's production efficiency is improving, paving the way for broader adoption in the market.

By Riding Style: Recreational (Largest) vs. Competitive (Fastest-Growing)

In the Mountain Bike Market, the Riding Style segment is predominantly led by Recreational riders, who make up the largest share due to the increasing popularity of mountain biking as a leisure activity among various age groups. This segment benefits from a growing base of riders who prefer casual riding experiences over more specialized forms of biking. Competitive riding follows closely, capturing a rapidly expanding share of the market as competitive events gain traction and more individuals seek to push their limits in a sporting context. The growth trends within this segment are driven largely by increased accessibility to mountain biking through bike parks and trails catered to recreational and competitive users alike. Additionally, advancements in bike technology and design have appealed to both segments, enhancing performance and rider experience. The rise of organized competitions and community events caters specifically to competitive riders, further fueling interest and participation in this segment.

Recreational (Dominant) vs. Competitive (Emerging)

The Recreational segment of the Mountain Bike Market is characterized by a broad demographic appealing to casual riders seeking enjoyment and exploration in nature. This segment encompasses individuals who value comfort, versatility, and accessibility as they engage with mountain biking as a leisure activity. On the other hand, the Competitive segment, while still emerging, focuses on enthusiasts who prioritize performance, speed, and agility. These riders are more likely to invest in advanced technology and lighter materials, optimizing their biking experience for racing and competitive events. While Recreational riding continues to dominate in terms of numbers, the Competitive segment is rapidly evolving as more events and communities emerge, driving interest and participation.

By Wheel Size: 29 Inch (Largest) vs. 27.5 Inch (Fastest-Growing)

The Mountain Bike Market exhibits a diverse distribution of wheel sizes, with 29 Inch wheels standing out as the largest segment in terms of market share. This size is favored by many riders for its ability to roll over obstacles more efficiently, providing a smoother ride on varied terrains. In contrast, the 27.5 Inch segment has witnessed a rapid rise in popularity due to its balanced characteristics, offering both agility and stability, appealing to a broad range of riders.

29 Inch (Dominant) vs. 27.5 Inch (Emerging)

The 29 Inch wheel size has established itself as the dominant option in the Mountain Bike Market, appealing primarily to cross-country and trail riders who appreciate its superior traction and speed advantages on rugged terrains. Meanwhile, the 27.5 Inch segment is emerging as a strong competitor, bridging the gap between traditional 26 Inch bikes and the larger 29 Inch models. It is preferred by many intermediate and advanced riders who seek a blend of maneuverability and speed. The 27.5 Inch wheels deliver a responsive ride and are frequently chosen for aggressive trail biking and enduro races, showcasing a significant uptick in market interest.

By Price Range: Mid Range (Largest) vs. High End (Fastest-Growing)

The Mountain Bike Market is notably segmented by price ranges, with the Mid-Range segment leading the market. This segment appeals to a broad audience, offering high-quality bikes at accessible prices. Meanwhile, the High-End segment, known for its advanced technology and premium features, has been rapidly gaining market share, driven by enthusiasts and competitive riders seeking top-performance bikes.

High-End (Dominant) vs. Premium (Emerging)

The High-End segment is characterized by its focus on performance, innovative technology, and specialized features designed for serious riders. These bikes often incorporate lightweight materials and sophisticated components, which justify their premium pricing. In contrast, the Premium segment offers luxurious and high-performance bikes but focuses more on brand heritage and lifestyle aspects. While both segments cater to discerning consumers, the High-End segment is currently more dominant due to trends favoring performance and customization. The Premium segment is emerging as affluent consumers seek distinctive products that represent their lifestyle, blending functionality with brand prestige.

Get more detailed insights about Mountain Bike Market

Regional Insights

North America : Leading Market for Innovation

North America continues to lead the mountain bike market, holding a significant share of 6000.0 in 2024. The region's growth is driven by increasing outdoor recreational activities, a rising health consciousness among consumers, and supportive government initiatives promoting cycling as a sustainable mode of transport. Regulatory frameworks are also evolving to enhance safety standards and promote eco-friendly practices in manufacturing. The competitive landscape is robust, with key players like Trek Bicycle Corporation, Specialized Bicycle Components, and Cannondale Bicycle Corporation dominating the market. The U.S. remains the largest contributor, supported by a strong retail network and a growing trend of mountain biking events. The presence of established brands fosters innovation and quality, ensuring a diverse range of products for consumers.

Europe : Emerging Market with Growth Potential

Europe's mountain bike market is valued at 4000.0, reflecting a growing trend towards outdoor activities and eco-friendly transportation. The region benefits from a strong cycling culture, supported by government policies promoting cycling infrastructure and sustainability. Increasing urbanization and a shift towards healthier lifestyles are key drivers of demand, alongside a rise in e-mountain bikes, which are gaining popularity among various demographics. Leading countries include Germany, France, and the UK, where major players like Giant Manufacturing Co. Ltd. and Scott Sports SA are making significant inroads. The competitive landscape is characterized by innovation and a focus on quality, with brands continuously enhancing their offerings to meet consumer preferences. The European market is poised for further growth as cycling becomes an integral part of urban mobility strategies.

Asia-Pacific : Rapidly Growing Market Segment

The Asia-Pacific region, with a market size of 2500.0, is witnessing a rapid increase in mountain bike adoption, driven by urbanization and a growing middle class. Countries like China and Japan are leading this trend, supported by government initiatives aimed at promoting cycling as a healthy lifestyle choice. The rise in disposable incomes and a shift towards outdoor recreational activities are significant growth drivers in this market. Competitive dynamics are evolving, with local manufacturers gaining traction alongside established brands like Merida Industry Co. Ltd. and Kona Bicycle Company. The market is characterized by a diverse range of products catering to various consumer segments, from casual riders to serious enthusiasts. As infrastructure improves, the potential for growth in this region remains substantial, making it a focal point for industry players.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa region, with a market size of 766.85, presents untapped opportunities in the mountain bike sector. The growth is primarily driven by increasing interest in outdoor activities and government initiatives aimed at promoting cycling as a sustainable transport option. Urban development projects are also enhancing cycling infrastructure, making it more accessible to the public. The region's diverse landscapes offer unique opportunities for mountain biking enthusiasts. Countries like South Africa and the UAE are emerging as key players in the market, with local brands and international companies exploring this potential. The competitive landscape is still developing, with a focus on affordability and quality. As awareness of health and fitness grows, the mountain bike market in this region is expected to expand significantly in the coming years.

Mountain Bike Market Regional Image

Key Players and Competitive Insights

The Mountain Bike Market is currently characterized by a dynamic competitive landscape, driven by innovation, sustainability, and evolving consumer preferences. Key players such as Trek Bicycle Corporation (US), Specialized Bicycle Components (US), and Giant Manufacturing Co. Ltd. (TW) are at the forefront, each adopting distinct strategies to enhance their market positioning. Trek Bicycle Corporation (US) emphasizes technological advancements in bike design, focusing on lightweight materials and enhanced performance features. Meanwhile, Specialized Bicycle Components (US) has been actively pursuing partnerships with local retailers to expand its reach and improve customer engagement. Giant Manufacturing Co. Ltd. (TW) appears to be concentrating on regional expansion, particularly in emerging markets, thereby diversifying its consumer base and increasing brand visibility. The business tactics employed by these companies reflect a moderately fragmented market structure, where localized manufacturing and supply chain optimization play crucial roles. Companies are increasingly localizing production to reduce lead times and enhance responsiveness to market demands. This strategy not only mitigates risks associated with global supply chains but also allows for more tailored product offerings that resonate with local consumers. The collective influence of these key players shapes a competitive environment that is both challenging and ripe for innovation. In November 2025, Trek Bicycle Corporation (US) announced a strategic partnership with a leading tech firm to integrate AI-driven analytics into their product development process. This move is likely to enhance their ability to predict consumer trends and preferences, thereby streamlining the design process and improving product-market fit. Such integration of technology into traditional manufacturing processes signifies a shift towards data-driven decision-making in the industry. In October 2025, Specialized Bicycle Components (US) launched a new line of eco-friendly mountain bikes, utilizing sustainable materials and production methods. This initiative not only aligns with the growing consumer demand for environmentally responsible products but also positions the company as a leader in sustainability within the market. The strategic importance of this launch lies in its potential to attract a new demographic of environmentally conscious consumers, thereby expanding Specialized's market share. In September 2025, Giant Manufacturing Co. Ltd. (TW) unveiled a new manufacturing facility in Southeast Asia, aimed at increasing production capacity and reducing costs. This facility is expected to enhance their supply chain efficiency and enable quicker response times to market changes. The establishment of this facility underscores Giant's commitment to maintaining competitive pricing while ensuring high-quality production standards. As of December 2025, the Mountain Bike Market is witnessing trends that emphasize digitalization, sustainability, and technological integration. The rise of strategic alliances among key players is shaping the competitive landscape, fostering innovation and collaboration. Moving forward, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that can effectively leverage these trends will likely secure a more robust market position in the years to come.

Key Companies in the Mountain Bike Market include

Industry Developments

OneUp V2 Carbon Handlebar Launches With 50mm Rise Option (April 9, 2025): Having loyal followers in the mountain bike world, OneUp Components is ready to enter the high-rise handlebar game with their 50mm rise OneUp V2 Carbon Handlebar. It is built around the same patented oval shape as their lower-rise bars, which OneUp claims increases vertical compliance and actively reduces vibration, and it comes exclusively with a 35mm bar clamp.
 

In March 2024, Rocky Mountain introduced the latest version of Rocky's shred-everything trail bike, the Instinct. Standout updates include internal storage on carbon models, tweaked geometry that's taller and slacker, more points of adjustment than before, and new kinematics that deliver a super-efficient pedaling platform matched with bottomless support on descents, making the bike ride like it has more than 140m of travel.

In February 2023, Shimano Europe BV has announced the establishment of a joint venture company with Nikos Maniatopoulos S.A. (NMSA), which will start operating as Shimano South-East Europe.

The joint-venture will carry out all sales, marketing, service and logistic activities for bicycle components and fishing tackle gear in South-East Europe, of which the bicycle component activities are currently already undertaken by the Euro trade subsidiaries of NMSA.

Future Outlook

Mountain Bike Market Future Outlook

The Mountain Bike Market is projected to grow at an 8.92% CAGR from 2025 to 2035, driven by increasing outdoor recreational activities, technological advancements, and rising health consciousness.

New opportunities lie in:

  • Expansion of e-commerce platforms for direct-to-consumer sales. Development of subscription-based maintenance services for mountain bikes. Investment in smart bike technology integrating GPS and fitness tracking.

By 2035, the Mountain Bike Market is expected to achieve robust growth and increased consumer engagement.

Market Segmentation

Mountain Bike Market Wheel Size Outlook

  • 26 Inch
  • 27.5 Inch
  • 29 Inch
  • Plus Size

Mountain Bike Market Price Range Outlook

  • Entry Level
  • Mid Range
  • High End
  • Premium

Mountain Bike Market Riding Style Outlook

  • Recreational
  • Competitive
  • Freeride
  • Enduro

Mountain Bike Market Frame Material Outlook

  • Aluminum
  • Carbon Fiber
  • Steel
  • Titanium

Mountain Bike Market Mountain Bike Type Outlook

  • Cross Country
  • Trail
  • All Mountain
  • Downhill
  • Fat Bike

Report Scope

MARKET SIZE 2024 13266.85(USD Million)
MARKET SIZE 2025 14450.29(USD Million)
MARKET SIZE 2035 33959.59(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.92% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Trek Bicycle Corporation (US), Specialized Bicycle Components (US), Giant Manufacturing Co. Ltd. (TW), Cannondale Bicycle Corporation (US), Santa Cruz Bicycles (US), Scott Sports SA (CH), Merida Industry Co. Ltd. (TW), Bianchi (IT), Kona Bicycle Company (CA)
Segments Covered Mountain Bike Type, Frame Material, Riding Style, Wheel Size, Price Range
Key Market Opportunities Integration of advanced materials and smart technology enhances performance in the Mountain Bike Market.
Key Market Dynamics Rising consumer preference for electric mountain bikes drives innovation and competition among manufacturers in the market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Swapnil Palwe
Team Lead - Research

With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

Leave a Comment

FAQs

How much is the Mountain Bikes Market?

The Mountain Bikes Market size is expected to be valued at USD 12,433.78 Million in 2023.

What is the growth rate of the Mountain Bikes Market?

The global market is projected to grow at a CAGR of 8.9% during the forecast period, 2024-2032.

Which region held the largest market share in the Mountain Bikes Market?

Asia-Pacific had the largest share of the global market.

Who are the key players in the Mountain Bikes Market?

The key players in the market are Accell Group, Giant Manufacturing Co. Ltd, Pivot Cycles, Scott Sports SA, Trinx Bikes, XDS Bikes, Trek Bicycle Corporation, Diamondback Bicycles, SHIMANO INC., BH Bikes, and Santa Cruz and Others.

Which Type led the Mountain Bikes Market?

The cross-country type dominated the market in 2023.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions