| Product Code: ETC104748 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Despite a significant decline in the CAGR and growth rate for bicycle frame imports in the Philippines from 2020 to 2024, the market continues to be dominated by top exporting countries including China, Japan, Cambodia, Germany, and Hong Kong. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 suggests a competitive landscape with notable market players. The negative growth rates indicate challenges in the industry, potentially influenced by external factors such as global economic conditions or shifts in consumer preferences. Monitoring these trends can provide valuable insights for stakeholders in the bicycle frame import market in the Philippines.
The Philippines bicycle frames market size was estimated at around USD 6 million in 2025 and is anticipated to register a CAGR of 10% during, owing primarily due high demand among both recreational riders and competitive cyclists alike. The country`s young population with an inclination towards physical fitness coupled with low cost domestic production capabilities has resulted into strong local frame producers catering mainly toward entry level bikes that account for majority share of sales volume annually. This has further helped manufacturers reduce their overall product prices thereby stimulating sales numbers significantly. In addition, ongoing infrastructural developments aimed at improving cycling networks along with availability of specialized toolsets are also aiding domestic vendors remain competitive within regional markets.
The Philippines bicycle frames market could be influenced by factors such as transportation trends, outdoor activities, and tourism. Drivers for this market include the rising interest in cycling as a recreational and eco-friendly mode of transportation. Demand for bicycle frames might be linked to health and wellness trends, urban planning initiatives, and the popularity of cycling-related events.
The Philippines bicycle frames market, related to the production of frames for bicycles, could face challenges linked to competition from other manufacturing centers, changing consumer preferences, and fluctuating global demand. Staying competitive in a global market, adapting to evolving design trends, and ensuring product quality might be ongoing challenges for bicycle frame manufacturers.
The Philippines bicycle frames market faced challenges due to the COVID-19 pandemic. With lockdown measures and restrictions impacting outdoor activities, bicycle sales and production experienced a downturn. The market was influenced by reduced consumer spending and supply chain disruptions. However, as the pandemic situation evolves and people seek alternative transportation and recreational options, the bicycle frames market is expected to recover. The market`s revival will be driven by the renewed interest in cycling and sustainable modes of transport.
In the Philippines, the bicycle frames market, influenced by the growing interest in cycling and sustainable transportation, might feature notable players like Trinx Bikes, a well-known bicycle manufacturer offering a range of high-quality frames. Another key player could be FOXTER, contributing to the market with its innovative designs and commitment to producing reliable bicycle frames, thereby contributing to the country`s cycling culture and industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Bicycle Frames Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bicycle Frames Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Bicycle Frames Market - Industry Life Cycle |
3.4 Philippines Bicycle Frames Market - Porter's Five Forces |
3.5 Philippines Bicycle Frames Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Philippines Bicycle Frames Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Bicycle Frames Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Bicycle Frames Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Bicycle Frames Market Trends |
6 Philippines Bicycle Frames Market, By Types |
6.1 Philippines Bicycle Frames Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bicycle Frames Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 Philippines Bicycle Frames Market Revenues & Volume, By Aluminium, 2021-2031F |
6.1.4 Philippines Bicycle Frames Market Revenues & Volume, By Steel, 2021-2031F |
6.1.5 Philippines Bicycle Frames Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.1.6 Philippines Bicycle Frames Market Revenues & Volume, By Titanium, 2021-2031F |
6.1.7 Philippines Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Bicycle Frames Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bicycle Frames Market Revenues & Volume, By Mountain, 2021-2031F |
6.2.3 Philippines Bicycle Frames Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2.4 Philippines Bicycle Frames Market Revenues & Volume, By Road, 2021-2031F |
6.2.5 Philippines Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Bicycle Frames Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Bicycle Frames Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Philippines Bicycle Frames Market Revenues & Volume, By Offline, 2021-2031F |
7 Philippines Bicycle Frames Market Import-Export Trade Statistics |
7.1 Philippines Bicycle Frames Market Export to Major Countries |
7.2 Philippines Bicycle Frames Market Imports from Major Countries |
8 Philippines Bicycle Frames Market Key Performance Indicators |
9 Philippines Bicycle Frames Market - Opportunity Assessment |
9.1 Philippines Bicycle Frames Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Philippines Bicycle Frames Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Bicycle Frames Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Bicycle Frames Market - Competitive Landscape |
10.1 Philippines Bicycle Frames Market Revenue Share, By Companies, 2024 |
10.2 Philippines Bicycle Frames Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |