| Product Code: ETC104743 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In 2024, India continued to rely heavily on imports of bicycle frames, with China and Taiwan leading the way as top exporters. Despite the high concentration of imports from these countries, the industry experienced a significant decline in growth, with a negative Compound Annual Growth Rate (CAGR) of -34.98% from 2020 to 2024. The year-on-year growth rate in 2024 plummeted even further by -65.24%. This challenging trend indicates a potential shift in the market dynamics or a need for domestic production to meet the demand for bicycle frames in India.

The India bicycle frames market is expected to experience significant growth over the coming years. This growth is mainly due to increasing government initiatives towards promoting cycling and the rising demand for lightweight bicycles. Additionally, with more people opting for Eco-friendly and economical modes of transport, sales of bicycles are expected to increase significantly in India.
The main drivers behind this growth are rising incomes, increased urbanization and improved infrastructure like bike lanes. Additionally, initiatives undertaken by government bodies such as smart cities projects have also had a positive effect on the growth of the industry. Furthermore, technological advancements have enabled manufacturers to produce lightweight yet durable frames at competitive prices which further adds to their appeal among consumers. As environmental consciousness increases due to climate change concerns, electric bicycles or e-bikes are becoming more popular resulting in higher sales volume for bicycle frames too.
Despite these positives there still remain certain challenges that need to be addressed by manufacturers looking at capturing a larger share of this growing market. These include lack of standardization across states regarding safety certifications required for manufacturing; limited availability of raw materials suitable for producing high quality products; lack of trained personnel and skilled labor; inadequate access to capital; unorganized nature of this sector etc.. All these issues need urgent attention if India potential within this space needs unlocking fully ,especially when compared internationally.
Some key players operating in Indiabicycle frame market include Hero Cycles Ltd., Avon Cycles Limited , TI Cycles Of India Pvt Ltd., Atlas cycles (Haryana) ltd., Firefox Bikes etc..
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 India Bicycle Frames Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bicycle Frames Market Revenues & Volume, 2021 & 2031F |
3.3 India Bicycle Frames Market - Industry Life Cycle |
3.4 India Bicycle Frames Market - Porter's Five Forces |
3.5 India Bicycle Frames Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Bicycle Frames Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Bicycle Frames Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Bicycle Frames Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and fitness leading to a rise in demand for bicycles. |
4.2.2 Government initiatives promoting cycling as a sustainable mode of transportation. |
4.2.3 Growing popularity of cycling as a recreational activity among urban population. |
4.3 Market Restraints |
4.3.1 High import duties on raw materials impacting production costs. |
4.3.2 Competition from electric bicycles affecting traditional bicycle sales. |
4.3.3 Lack of proper infrastructure and safety concerns hindering widespread adoption of cycling. |
5 India Bicycle Frames Market Trends |
6 India Bicycle Frames Market, By Types |
6.1 India Bicycle Frames Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Bicycle Frames Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Bicycle Frames Market Revenues & Volume, By Aluminium, 2021-2031F |
6.1.4 India Bicycle Frames Market Revenues & Volume, By Steel, 2021-2031F |
6.1.5 India Bicycle Frames Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.1.6 India Bicycle Frames Market Revenues & Volume, By Titanium, 2021-2031F |
6.1.7 India Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Bicycle Frames Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Bicycle Frames Market Revenues & Volume, By Mountain, 2021-2031F |
6.2.3 India Bicycle Frames Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2.4 India Bicycle Frames Market Revenues & Volume, By Road, 2021-2031F |
6.2.5 India Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Bicycle Frames Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Bicycle Frames Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 India Bicycle Frames Market Revenues & Volume, By Offline, 2021-2031F |
7 India Bicycle Frames Market Import-Export Trade Statistics |
7.1 India Bicycle Frames Market Export to Major Countries |
7.2 India Bicycle Frames Market Imports from Major Countries |
8 India Bicycle Frames Market Key Performance Indicators |
8.1 Average selling price (ASP) of bicycle frames. |
8.2 Number of bicycle-sharing programs implemented in major cities. |
8.3 Percentage of population using bicycles as a primary mode of transportation. |
9 India Bicycle Frames Market - Opportunity Assessment |
9.1 India Bicycle Frames Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Bicycle Frames Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Bicycle Frames Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Bicycle Frames Market - Competitive Landscape |
10.1 India Bicycle Frames Market Revenue Share, By Companies, 2024 |
10.2 India Bicycle Frames Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |