Bicycle Frames Market Size To Reach $40.63 Billion By 2030

Bicycle Frames Market Growth & Trends

The global bicycle frames market size is estimated to reach USD 40.63 billion by 2030, expanding at a CAGR of 7.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by factors such as the increased awareness of the health and fitness advantages of riding among consumers across the globe. Cycling is becoming increasingly popular as a method of exercise and transportation, resulting in increased demand for bicycles and related components, such as frames, thereby boosting market growth.

Furthermore, the increasing focus on sustainability and environmental conservation has had a significant impact on the bicycle frame market. One of the key environmental benefits of bicycles is their low carbon footprint. Unlike motor vehicles that rely on fossil fuels and emit greenhouse gases, bicycles produce zero emissions during use. This makes bicycles an attractive alternative for individuals who want to reduce their carbon footprint and contribute to mitigating climate change. Bicycles are widely recognized as an eco-friendlier mode of transportation compared to motor vehicles, and this awareness has attracted more consumers toward cycling and bicycle-related products.

Moreover, the rise in cycling tourism has indeed given birth to a growing market for travel-specific and adventure bicycle frames. Cycling tourism involves individuals or groups traveling to various destinations with the primary goal of exploring new places, enjoying scenic routes, and engaging in cycling adventures. This trend has created a demand for bicycles that are specifically designed to meet the unique requirements of such travelers. For instance, according to a report from the Adventure Cycling Association, the U.S. Bicycle Route System has expanded to encompass more than 29,000 kilometers in recent years. In comparison, Europe's counterpart route network, known as EuroVelo, spans over 90,000 kilometers, crossing 42 countries..

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Bicycle Frames Market Report Highlights

• The aluminum segment dominated the overall market, accounting for a market share of 35.6% in 2024. This dominance is attributed to the related features such as lightweight and durability, making it an ideal choice for manufacturers

• The road bicycle segment dominated the overall market, accounting for a market share of 33.3% in 2024. This can be attributed to the fact that road bikes are the most basic category of bicycles, requiring few, if any, sophisticated attachments when compared to mountain bikes or other specialty bike types

• The offline segment dominated the overall market. The dominance can be attributed to the rising preference among consumers for offline shopping as it allows the user to hands on inspection and better decision-making

• The aftermarket segment is anticipated to register the highest growth over the forecast period. This growth can be ascribed to the customization and personalization needs among the consumers

• Asia Pacific dominated the industry, contributing 40.9% of the global revenue in 2024. The rising trend of cycling for recreation, fitness, and environmentally friendly commuting has resulted in a substantial increase in the demand for bicycles within the region

Bicycle Frames Market Segmentation

Grand View Research has segmented the global bicycle frames market based on material, frame type, sales channel, distribution channel, and region:

Bicycle Frames Material Outlook (Revenue, USD Million, 2017 - 2030)

• Aluminum

• Steel

• Carbon Fiber

• Titanium

• Others

Bicycle Frames Type Outlook (Revenue, USD Million, 2017 - 2030)

• Mountain Bicycle

• Hybrid Bicycle

• Electric Bicycle

• Road Bicycle

• Others

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

• Online

• Offline

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

• OEM

• Aftermarket

Bicycle Frames 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

List of Key Players in the Bicycle Frames Market

• Advanced International Multitech Co. Ltd.

• Topkey Corporation

• Dengfu Sports Equipment Co. Ltd.

• Ideal Bike Corporation

• Giant Manufacturing Co Ltd.

• Cicli Pinarello SRL

• Quest Composite Technology Corporation

• Specialized Bicycle Components Inc

• SCOTT Sports SA

• Velocite Tech Co Ltd.