PUBLISHER: IMARC | PRODUCT CODE: 1347735
PUBLISHER: IMARC | PRODUCT CODE: 1347735
Mountain Biking Equipment Market Report by Product (Protective Gears, Mountain Biking Tools), and Region 2023-2028
Market Overview:
The global mountain biking equipment market size reached US$ 3.45 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.15 Billion by 2028, exhibiting a growth rate (CAGR) of 6.20% during 2023-2028. The escalating demand for high-quality biking gear and accessories, the growing participation of individuals in recreational and sporting activities, the increasing number of biking enthusiasts, and ongoing product innovations represent some of the key factors driving the market.
Mountain biking equipment refers to the specialized gear and accessories used by riders to enhance their safety, comfort, and performance while engaging in off-road cycling activities. These are specifically designed to withstand the rugged terrains and challenges encountered during mountain biking adventures. Some most commonly used mountain biking equipment includes protective gear, bike components, bicycles, clothing, tools and repair kits, and other accessories, such as hydration packs, bike lights, GPS devices, bike racks, and bike locks. These items enhance comfort and the overall riding experience. They also aid in ensuring rider safety, maximizing performance, and enabling riders to navigate challenging trails and terrains. As a result, mountain biking equipment is widely used by individuals across the globe for a successful and enjoyable riding experience.
Mountain Biking Equipment Market Trends:
The escalating demand for high-quality biking gear and accessories represents one of the primary factors supporting the market growth. Moreover, the growing popularity of mountain biking as a recreational and sporting activity among people seeking outdoor adventures is leading to a surge in demand for mountain biking equipment. Additionally, due to a surging emphasis on rider safety, there is a growing demand for high-quality protective gear, including helmets, pads, body armor, and gloves that offer superior impact absorption, ventilation, and comfort. In line with this, the rising participation of women in mountain biking has accelerated the adoption of specialized equipment and gear designed specifically for female riders, such as women's bikes, clothing, and protective gear. Besides this, the increasing consumer preferences for eco-friendly and sustainable products, including bikes made from recycled materials and environmentally friendly manufacturing processes, are augmenting the market growth. Furthermore, the leading manufacturers are incorporating novel features, such as advanced suspension systems, lightweight materials, electronic shifting systems, and improved safety features to enhance performance and rider experience. Along with this, the rising collaborations among mountain biking equipment manufacturers and professional riders and heavy investments in team and event sponsorships for brand promotion, product testing, and gaining credibility among the target audience are propelling the market growth. Other factors, including the surging penetration of online retail channels, increasing safety consciousness, continual technological advancements, inflating consumer purchasing power, and evolving preferences and needs of mountain biking enthusiasts, are also anticipated to fuel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global mountain biking equipment market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product.
Product Insights:
Protective Gears
Mountain Biking Tools
The report has provided a detailed breakup and analysis of the mountain biking equipment market based on the product. This includes protective gears and mountain biking tools. According to the report, protective gears represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for mountain biking equipment. Some of the factors driving the North America mountain biking equipment market included the rising popularity of mountain biking as a sporting and recreational activity, increasing safety concerns among riders and bikers, continuous technological innovations by key players, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global mountain biking equipment market. Detailed profiles of all major companies have been provided. Some of the companies covered include Endura Limited (Pentland Brands Limited), Giant Manufacturing Co. Ltd., Scott Sports SA (Youngone Corporation), Shimano Inc., Troy Lee Designs Inc., Vista Outdoor Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global mountain biking equipment market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global mountain biking equipment market?
- What is the impact of each driver, restraint, and opportunity on the global mountain biking equipment market?
- What are the key regional markets?
- Which countries represent the most attractive mountain biking equipment market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the mountain biking equipment market?
- What is the competitive structure of the global mountain biking equipment market?
- Who are the key players/companies in the global mountain biking equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Mountain Biking Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Protective Gears
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Mountain Biking Tools
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Region
- 7.1 North America
- 7.1.1 United States
- 7.1.1.1 Market Trends
- 7.1.1.2 Market Forecast
- 7.1.2 Canada
- 7.1.2.1 Market Trends
- 7.1.2.2 Market Forecast
- 7.1.1 United States
- 7.2 Asia-Pacific
- 7.2.1 China
- 7.2.1.1 Market Trends
- 7.2.1.2 Market Forecast
- 7.2.2 Japan
- 7.2.2.1 Market Trends
- 7.2.2.2 Market Forecast
- 7.2.3 India
- 7.2.3.1 Market Trends
- 7.2.3.2 Market Forecast
- 7.2.4 South Korea
- 7.2.4.1 Market Trends
- 7.2.4.2 Market Forecast
- 7.2.5 Australia
- 7.2.5.1 Market Trends
- 7.2.5.2 Market Forecast
- 7.2.6 Indonesia
- 7.2.6.1 Market Trends
- 7.2.6.2 Market Forecast
- 7.2.7 Others
- 7.2.7.1 Market Trends
- 7.2.7.2 Market Forecast
- 7.2.1 China
- 7.3 Europe
- 7.3.1 Germany
- 7.3.1.1 Market Trends
- 7.3.1.2 Market Forecast
- 7.3.2 France
- 7.3.2.1 Market Trends
- 7.3.2.2 Market Forecast
- 7.3.3 United Kingdom
- 7.3.3.1 Market Trends
- 7.3.3.2 Market Forecast
- 7.3.4 Italy
- 7.3.4.1 Market Trends
- 7.3.4.2 Market Forecast
- 7.3.5 Spain
- 7.3.5.1 Market Trends
- 7.3.5.2 Market Forecast
- 7.3.6 Russia
- 7.3.6.1 Market Trends
- 7.3.6.2 Market Forecast
- 7.3.7 Others
- 7.3.7.1 Market Trends
- 7.3.7.2 Market Forecast
- 7.3.1 Germany
- 7.4 Latin America
- 7.4.1 Brazil
- 7.4.1.1 Market Trends
- 7.4.1.2 Market Forecast
- 7.4.2 Mexico
- 7.4.2.1 Market Trends
- 7.4.2.2 Market Forecast
- 7.4.3 Others
- 7.4.3.1 Market Trends
- 7.4.3.2 Market Forecast
- 7.4.1 Brazil
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Breakup by Country
- 7.5.3 Market Forecast
8 Drivers, Restraints, and Opportunities
- 8.1 Overview
- 8.2 Drivers
- 8.3 Restraints
- 8.4 Opportunities
9 Value Chain Analysis
10 Porters Five Forces Analysis
- 10.1 Overview
- 10.2 Bargaining Power of Buyers
- 10.3 Bargaining Power of Suppliers
- 10.4 Degree of Competition
- 10.5 Threat of New Entrants
- 10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Endura Limited (Pentland Brands Limited)
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.2 Giant Manufacturing Co. Ltd.
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 Financials
- 12.3.3 Scott Sports SA (Youngone Corporation)
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.4 Shimano Inc.
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.4.4 SWOT Analysis
- 12.3.5 Troy Lee Designs Inc.
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.6 Vista Outdoor Inc.
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 Financials
- 12.3.6.4 SWOT Analysis
- 12.3.1 Endura Limited (Pentland Brands Limited)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Mountain Biking Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Mountain Biking Equipment Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Mountain Biking Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Mountain Biking Equipment Market: Breakup by Product (in %), 2022
- Figure 5: Global: Mountain Biking Equipment Market: Breakup by Region (in %), 2022
- Figure 6: Global: Mountain Biking Equipment (Protective Gears) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 7: Global: Mountain Biking Equipment (Protective Gears) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 8: Global: Mountain Biking Equipment (Mountain Biking Tools) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Mountain Biking Equipment (Mountain Biking Tools) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: North America: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: North America: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: United States: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: United States: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Canada: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Canada: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Asia-Pacific: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Asia-Pacific: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: China: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: China: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Japan: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Japan: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: India: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: India: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: South Korea: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: South Korea: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Australia: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Australia: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Indonesia: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Indonesia: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Others: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Others: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Europe: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Europe: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Germany: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Germany: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: France: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: France: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: United Kingdom: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: United Kingdom: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Italy: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Italy: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Spain: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Spain: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Russia: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Russia: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Others: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Others: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Latin America: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Latin America: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Brazil: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Brazil: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Mexico: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Mexico: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Middle East and Africa: Mountain Biking Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Middle East and Africa: Mountain Biking Equipment Market: Breakup by Country (in %), 2022
- Figure 58: Middle East and Africa: Mountain Biking Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Global: Mountain Biking Equipment Industry: Drivers, Restraints, and Opportunities
- Figure 60: Global: Mountain Biking Equipment Industry: Value Chain Analysis
- Figure 61: Global: Mountain Biking Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Mountain Biking Equipment Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Mountain Biking Equipment Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Mountain Biking Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 4: Global: Mountain Biking Equipment Market: Competitive Structure
- Table 5: Global: Mountain Biking Equipment Market: Key Players
