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Bicycle Frames Market: Ascent in Market Size, Swift CAGR, Influential Drivers and Trending Developments from 2025 to 2029
Bicycle Frames Market Size
What Is The Projected Market Size Of The Global Bicycle Frames Market And Its Growth Rate?
The global bicycle frames market has experienced remarkable growth:
• Market size for 2024: $34.16 billion
• Market size for 2025: $38.17 billion (CAGR of 11.7%)
• Market size for 2029: $63.27 billion (CAGR of 13.5%)
The market's notable growth is attributed to factors like material evolution, shift in frame design trends, the influence of mountain biking, the emergence of road racing, and the market shift towards lightweight frames.
What Is Driving The Growth In The Bicycle Frames Market?
The global bicycle frames market growth is fueled by an increase in bicycle usage. Improved social infrastructure in developing countries has encouraged cycling as a preferred mode of transportation, consequently boosting the demand for bicycle frames. For instance, the UK Department for Transport recorded a 6% increase in total cycling stages in 2022, increasing from 875 million in 2021 to 926 million. This growth reflects the rising usage of bicycles and suggests the necessity for continued growth to achieve the goal of doubling cycling stages to 1.6 billion by 2025.
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Who Are the Key Players Driving Bicycle Frames Market Growth?
The major companies propelling the Bicycle Frames Market include:
• Harison International
• Fiend BMX
• Pinion GmbH
• Giant Manufacturing Co. Ltd.
• PIERER Mobility AG
• The Cannondale Bicycle Corporation
• Ideal Bike Corporation
• Trek Bicycle Corporation
• SCOTT Sports SA
• Advanced International Multitech Co. Ltd.
What Are The Key Trends In The Bicycle Frames Market?
Key trends in the forecast period are primarily focused on:
• Carbon fiber dominance
• Innovative frame designs
• The rise in electric bicycles (e-bikes)
• Material diversification
• Customization and personalization
What Are The Segments Of The Global Bicycle Frames Market?
The Bicycle Frames Market report covers:
1) By Type: Mountain, Hybrid, Road, Other Types
2) By Material: Aluminum, Steel, Carbon Fiber, Titanium, Other Materials
3) By Distribution Channel: Online, Offline
Which Region Leads The Bicycle Frames Market?
Asia-Pacific dominated the Bicycle Frames Market in 2024, with North America predicted to be the fastest-growing region during the forecast period.
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What Is Covered In The Bicycle Frames Market Global Market Report?
- Market Size Analysis: Analyze the Bicycle Frames Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bicycle Frames Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bicycle Frames Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bicycle Frames Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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