The Global Gravel Bikes Market is estimated to be valued at USD 1.64 Bn in 2025 and is expected to reach USD 2.42 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 1.64 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
5.70% |
2032 Value Projection: |
USD 2.42 Bn |
Gravel bikes, also called adventure bikes or all-road bikes, can be used to ride on both paved and unpaved surfaces, providing a comfortable riding experience. These bikes have features of road, cyclocross, and mountain bikes, including wider tires and disc brakes. As more people show interest in exploring new routes, and outdoor activities in general, the market is likely to grow. To add to this, increased participation in bike racing events also benefits the market.
Market Dynamics:
The global gravel bikes market is influenced by several key drivers, restraints, and opportunities. Adventure cycling is becoming more popular, especially cycling on off-road trails, which is creating demand for gravel bikes. The growing interest in gravel racing events and bikepacking adventures also add to the market's growth. On the other hand, gravel bikes cost relatively higher compared to traditional road or mountain bikes, which may limit adoption by price-sensitive consumers. Also, the lack of dedicated gravel cycling infrastructure in some regions can discourage people from buying these bikes. Still, there is an increased demand for customized and personalized gravel bikes, which can be used as an opportunity by market players to expand their presence.
Key Features of the Study:
- This report provides in-depth analysis of the global gravel bikes market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global gravel bikes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Alpkit, BMC, Canyon, Cannondale, Cervelo, Colnago, Cube Bikes, Diamondback, Fuji Bikes, Giant Manufacturing Co., Ltd., Merida Bikes, Pinarello, Scott Sports, Specialized Bicycle Components, and Trek Bicycle Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global gravel bikes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gravel bikes market.
Market Segmentation
- Frame Material Insights (Revenue, USD Bn, 2020 - 2032)
- Aluminum Gravel Bikes
- Carbon Fiber Gravel Bikes
- Others
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Alpkit
- BMC
- Canyon
- Cannondale
- Cervelo
- Colnago
- Cube Bikes
- Diamondback
- Fuji Bikes
- Giant Manufacturing Co., Ltd.
- Merida Bikes
- Pinarello
- Scott Sports
- Specialized Bicycle Components
- Trek Bicycle Corporation