Bicycle Frames Market Size, Share & Trends Analysis Report By Material (Aluminum, Carbon Fiber), By Frame Type (Mountain Bicycle, Hybrid Bicycle, Electric Bicycle), By Sales Channel, By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

Bicycle Frames Market Size & Trends

The global bicycle frames market size was valued at USD 27.20 billion in 2024 and is projected to grow at a CAGR of 7.0% from 2025 to 2030. The market is projected to experience growth owing to the rising global consumer interest in sports activities. The increasing popularity of sports like mountain biking and road bicycle racing is driving the demand for bicycle frames. According to the World Economic Forum, by the year 2050, the global number of bikes will exceed 5 million. Such projections are anticipated to drive the market growth over the forecast period. Furthermore, the market has seen substantial growth due to increased interest in cycling as a means of eco-friendly transportation, fitness, and leisure activity.

Moreover, the bicycle frame serves as the fundamental backbone of a bicycle, playing crucial roles in both design and safety. It forms the bedrock of the bicycle's core structure and significantly contributes to its safety and aesthetics. The growing interest in recreational cycling is predicted to drive market expansion, thanks to the increasing embrace of leisure activities. Additionally, the inclination towards bicycles as a convenient tool for exercise in support of a healthier lifestyle while addressing concerns like obesity is projected to invigorate market growth further. It's worth noting that bicycle sales are intricately tied to overall product demand, and the increasing prevalence of bicycles is set to play a substantial role in propelling the market growth.

The increasing environmental consciousness is driving a notable shift towards bicycle adoption, thereby spurring demand. A substantial portion of the populace is favoring bicycles as their preferred mode of transportation for daily commuting. The growing issue of traffic congestion and the scarcity of parking facilities, particularly in urban centers, are motivating individuals to embrace bicycle commuting for short trips as a time-saving solution.

The growth of electric bicycles has led to a demand for specialized frames that accommodate heavier batteries and motors. This trend is particularly strong in urban areas where electric bicycles offer a convenient and green alternative to cars. Electric bicycle frames often require extra reinforcement, with materials like aluminum and carbon fiber becoming popular due to their strength and lightweight properties. Additionally, technology advancements, such as 3D printing, advanced welding, and precision machining, allow manufacturers to design lighter and stronger frames.

Numerous governments are actively investing in the infrastructure necessary to facilitate bicycle commuting. For instance, the U.K. is in the process of establishing a novel governmental body dedicated to the advancement of cycling and pedestrian initiatives. With a substantial budget of USD 2.57 million allocated for the next five years, the U.K. is preparing to introduce "Active Travel England" to finance the enhancement of cycling and pedestrian infrastructure throughout the nation.

Material Insights

Based on the material, the aluminum segment dominated the market with a revenue share of 35.6% in 2024. The segment is driven by the associated benefits, such as lightweight and durability, which makes it an optimum choice for the manufacturers. Additionally, aluminum frames are relatively more affordable compared to other materials, such as carbon fiber. This cost-effectiveness makes aluminum frames accessible to a wider range of consumers, contributing to their popularity in the market.

The carbon fiber segment is anticipated to register the highest growth rate over the forecast period. The segment is expected to be driven by technological advancements in carbon fiber manufacturing techniques. Innovations, such as enhanced resin systems, advanced layup techniques, and the use of carbon fiber composites, have yielded bicycle frames that are not only lighter but also more robust and long-lasting. These developments have significantly enhanced the attractiveness of carbon fiber frames in the market, leading to increased demand.

Frame Type Insights

Based on the frame type, the road bicycle segment dominated the market with a revenue share of 33.3% in 2024. This dominance can be attributed to the fact that road bikes represent the most straightforward category of bicycles, requiring minimal if any, intricate accessories compared to mountain bikes or other specialized bike types. Moreover, innovations in frame design, aerodynamics, carbon fiber construction, and component integration have improved the performance and efficiency of road bicycles. The availability of advanced features and cutting-edge technology attracts cyclists looking for the latest advancements in the market.

The mountain bicycle segment is anticipated to grow at a significant rate from 2025 to 2030. The segment growth can be attributed to consumers, particularly the millennial demographic, consistently choosing mountain biking as a recreational and adventurous pursuit. Furthermore, mountain bicycles are designed to withstand the rugged and challenging conditions encountered during off-road riding. These bicycles require frames that are durable, strong, and capable of handling rough terrains, jumps, and obstacles. The demand for high-performance and durable bicycle frames drives the growth of the mountain bicycle segment.

Sales Channel Insights

Based on the sales channel, the offline segment dominated the market in 2024. Many consumers show a preference for purchasing bicycle frames through authorized local brand outlets. These stores provide a wide array of frame options, along with personalized service and the opportunity for hands-on product inspection prior to purchase. This allows consumers to thoroughly examine and assess various features to meet their specific needs, facilitating well-informed decision-making.

The online segment is anticipated to grow at the fastest CAGR from 2025 to 2030. Transparent The seamless shopping process and convenient payment options are anticipated to draw a larger consumer base towards online distribution channels. Furthermore, these e-commerce platforms are witnessing a substantial surge in popularity among the working demographic due to the accessibility and convenience they provide in comparison to brick-and-mortar outlets. Leading industry players also operate their online platforms, allowing direct engagement with consumers to comprehend their needs better and gather feedback.

Distribution Channel Insights

Based on the distribution channel, the OEM segment dominated the market with a revenue share of 73.5% in 2024. Bicycle frames at the OEM level are manufactured in significant quantities, which results in cost advantages through efficient production processes. Bicycle makers can capitalize on these cost efficiencies by procuring frames directly from OEM suppliers. This OEM sector provides bicycle manufacturers with cost-effective pricing choices, assisting them in sustaining profitability and a competitive edge within the market.

The aftermarket segment is anticipated to register the highest growth over the forecast period. Increasing demand for customization and personalization of bicycle frames among consumers is attributing to the growth of this segment. The aftermarket sector provides cyclists with the ability to tailor and personalize their bicycles to align with their individual preferences and particular requirements. Within this segment, cyclists have access to a diverse selection of aftermarket bicycle frames that cater to various riding styles, materials, designs, and functionalities. The desire for distinct and customized biking experiences propels the demand for aftermarket frames.

Regional Insights

North America bicycle frames market is growing steadily, driven by rising health consciousness and cycling infrastructure developments across the region. As e-bikes become more popular, manufacturers have increasingly incorporated lightweight materials like carbon fiber and aluminum into frames to support these motorized bicycles’ structural demands.

U.S. Bicycle Frames Market Trends

The bicycle frames market in the U.S. is highly innovative, with companies investing in materials like titanium, aluminum, and carbon fiber to create frames that are both durable and lightweight. This trend is particularly pronounced in high-performance cycling and competitive biking segments, where weight and aerodynamics are key.

Asia Pacific Bicycle Frames Market Trends

The bicycle frames market in Asia Pacific accounted for the largest revenue share of 40.9% in 2024. The growing trend of cycling for recreation, fitness, and environmentally friendly commuting has resulted in a substantial increase in the demand for bicycles. Consequently, this heightened demand is a driving force for the bicycle frame market in the Asia Pacific region. Additionally, as cities become more congested, there is a growing emphasis on promoting cycling as a sustainable mode of transportation. Governments and urban planners are investing in cycling infrastructure, such as dedicated bike lanes and bike-sharing programs.

Europe Bicycle Frames Market Trends

The bicycle frames market in Europe is expected to register a notable growth from 2025 to 2030. The European market has experienced a notable uptick in cycling's appeal, particularly during the COVID-19 pandemic. Both governments and individuals are now acknowledging cycling as a practical and eco-friendly transportation option. This surge in cycling interest has, in turn, resulted in increased demand for bicycles and bicycle frames throughout Europe.

Key Bicycle Frames Company Insights

Some of the key players operating in the market include Giant Manufacturing Co. Ltd., Specialized Bicycle Components Inc., and Velocite Tech Co. Ltd., among others.

• Specialized Bicycle Components Inc. is a U.S.-based company specializing in designing, manufacturing, and marketing bicycles and related products & components. The company offers a broad range of products, catering to various cycling segments, including road, mountain, gravel, hybrid, and e-bikes, covering both professional and recreational markets. The company’s distribution model combines a direct-to-consumer approach with partnerships with local bike shops, which helps them maintain strong brand visibility and customer support across markets.

Quest Composite Technology Corporation, and Allied Cycle Works, are some of the emerging market participants in the target market.

• Allied Cycle Works specializes in carbon fiber frames, which are lightweight and durable, appealing to performance-oriented cyclists, including road and gravel riders. The company also offers a range of customization options, allowing consumers to choose specific colors, finishes, and other frame features. It also invests in precision engineering and innovative design, especially in the gravel and road bike segments.

Recent Developments

• In August 2024, No. 22 Bicycle Company, a designer and provider of titanium bikes, launched an aero-optimized road bicycle. The road bicycle features a 3D-printed titanium frame made from grade 5 titanium.

• In January 2023, State Bicycle Co. announced the launch of a lightweight carbon frameset named Carbon All-road. The frameset featured 650b and 700c wheel sheets and offers an option to install up to three water bottle racks and mounts in front and rear.

Bicycle Frames Market Report Scope

Global Bicycle Frames Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global bicycle frames market report on the basis of material, frame type, sales channel, distribution channel, and region:

• Material Outlook (Revenue, USD Million, 2017 - 2030)

  • Aluminum

  • Steel

  • Carbon Fiber

  • Titanium

  • Others

• Frame Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Mountain Bicycle

  • Hybrid Bicycle

  • Electric Bicycle

  • Road Bicycle

  • Others

• Sales Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Online

  • Offline

• Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • OEM

  • Aftermarket

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East & Africa

    • United Arab Emirates (UAE)

    • Kingdom of Saudi Arabia (KSA)

    • South Africa