Mountain Bike Market, By Bike Type (Hardtail Mountain Bikes and Full Suspension Mountain Bikes), By Sales Channel (Specialty Bike Stores, Online Sales, and Mass Retailers), By End User (Recreational/Amateur Riders and Professional/Elite Riders), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The mountain bike market has witnessed steady growth over the past few decades. Mountain biking started as merely a niche segment but has established itself as one of the prominent categories in the cycling industry today. The demand for mountain bikes surged during the COVID-19 pandemic as people sought outdoor recreational activities that allowed for social distancing. Mountain biking provides adventure, exercise and a means to enjoy nature, hence attracting a wide consumer base across different age groups worldwide. Technological advancements in frames, suspension, and gears have made bikes accessible to various skill levels and ride purposes. Innovation continues to drive market interest along with rising health consciousness. Growing acceptance as a mainstream sport further aids the global mountain bike industry's expansion.
Market Dynamics:
The global mountain bike market is driven by increasing youth involvement in adventure sports and recreational cycling activities. Population growth, improving living standards, and disposable incomes in developing nations are fueling sales. Easy availability through multiple offline and online distribution channels has made mountain bikes more accessible. However, high initial costs and maintenance requirements restrain the market to a certain extent. Meanwhile, e-mountain bikes present lucrative opportunities with their ability to enhance riding experience and attract older audience. Ongoing R&D to develop lightweight frames and improve suspension performance also plays a role. The COVID-19 pandemic translated into strong demand as citizens embraced outdoor sports for fitness and leisure amid lockdowns.
Key features of the study:
- This report provides in-depth analysis of the global mountain bike market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 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 mountain bike 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 Beistegui Hermanos SA, Cannondale, CUBE Bikes, Cycling Sports Group Inc., Dorel Industries Inc., Derby Cycle Holding GmbH, Giant Bicycles, GT Bicycles, Merida Industry Co. Ltd., Norco Bicycles, Pivot Cycles, SCOTT Sports, Santa Cruz Bicycles LLC, Trek Bicycle Corporation, and TRINX
- 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 mountain bike 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 mountain bike market
- By Bike Type
- Hardtail Mountain Bikes
- Full Suspension Mountain Bikes
- By Sales Channel
- Specialty Bike Stores
- Online Sales
- Mass Retailers
- By End User
- Recreational/Amateur Riders
- Professional/Elite Riders
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- Beistegui Hermanos SA
- Cannondale
- CUBE Bikes
- Cycling Sports Group Inc.
- Dorel Industries Inc.
- Derby Cycle Holding GmbH
- Giant Bicycles
- GT Bicycles
- Merida Industry Co. Ltd.
- Norco Bicycles
- Pivot Cycles
- SCOTT Sports
- Santa Cruz Bicycles LLC
- Trek Bicycle Corporation
- TRINX
- 1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
- 2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Compound Management Market, By Compound Type
- Global Compound Management Market, By Type
- Global Compound Management Market, By Application
- Global Compound Management Market, By End-User
- Global Compound Management Market, By Region
- 3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Compound Management Market, By Compound Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Small Molecules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Biologics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Nucleic Acids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Cell Lines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- 5. Global Compound Management Market, By Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Product
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Automated Compound/ Sample Storage System
- Automated Liquid Handling Systems
- Others
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Compound Sourcing and Acquisition
- Compound Reformatting and Normalization
- Compound Quantification and Qualification
- Compound Retrieval and Distribution
- Compound Inventory and Data Management
- Others
- 6. Global Compound Management Market, By Application, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Drug Discovery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Drug Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Chemical Biology Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Biobanking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Forensics and Toxicology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- 7. Global Compound Management Market, By End-User, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pharmaceutical and Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Contract Research Organizations (CROs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Academic and Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Forensic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Other End-Users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- 8. Global Compound Management Market, By Region, 2019 - 2031, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- U.S.
- Canada
- Latin America
- Introduction
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- South Africa
- North Africa
- Central Africa
- 9. COMPETITIVE LANDSCAPE
- TCG Lifesciences
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wuxi Apptec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Icagen
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Evotec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Biosero
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Labcyte
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- TTP Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hamilton Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tecan
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Brooks Automation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Frontier Scientific
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Brooks Life Sciences
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Titian Software Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Beckman Coulter, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BioAscent
- LiCONiC AG
- SPT Labtech
- Tecan Trading AG
- 10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 11. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Global Compound Management Market' - Global forecast to 2031
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