| Product Code: ETC12780942 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s high-end bicycle import market in 2024 saw top supplier countries such as China, Taiwan, Province of China, Sri Lanka, Cambodia, and Indonesia. Despite a high Herfindahl-Hirschman Index indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -34.98%. Moreover, the growth rate from 2023 to 2024 experienced a steep decline of -65.24%, reflecting challenges and shifts in consumer demand within the high-end bicycle segment in India.

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 High End Bicycle Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India High End Bicycle Market Revenues & Volume, 2021 & 2031F |
3.3 India High End Bicycle Market - Industry Life Cycle |
3.4 India High End Bicycle Market - Porter's Five Forces |
3.5 India High End Bicycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India High End Bicycle Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India High End Bicycle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India High End Bicycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and fitness trends among the Indian population |
4.2.2 Rising disposable incomes and changing lifestyles leading to a preference for premium products |
4.2.3 Growing awareness about environmental sustainability and eco-friendly transportation options |
4.3 Market Restraints |
4.3.1 High import duties and taxes on premium bicycle components affecting pricing |
4.3.2 Limited infrastructure and cycling-friendly urban spaces in many Indian cities |
4.3.3 Competition from other modes of transportation like cars, motorcycles, and public transport |
5 India High End Bicycle Market Trends |
6 India High End Bicycle Market, By Types |
6.1 India High End Bicycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India High End Bicycle Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India High End Bicycle Market Revenues & Volume, By Road Bikes, 2021 - 2031F |
6.1.4 India High End Bicycle Market Revenues & Volume, By Mountain Bikes, 2021 - 2031F |
6.1.5 India High End Bicycle Market Revenues & Volume, By Hybrid Bikes, 2021 - 2031F |
6.2 India High End Bicycle Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India High End Bicycle Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.3 India High End Bicycle Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.4 India High End Bicycle Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.3 India High End Bicycle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India High End Bicycle Market Revenues & Volume, By Online, 2021 - 2031F |
6.3.3 India High End Bicycle Market Revenues & Volume, By Offline, 2021 - 2031F |
7 India High End Bicycle Market Import-Export Trade Statistics |
7.1 India High End Bicycle Market Export to Major Countries |
7.2 India High End Bicycle Market Imports from Major Countries |
8 India High End Bicycle Market Key Performance Indicators |
8.1 Percentage increase in the number of cycling events and races organized in India |
8.2 Growth in the number of high-end bicycle stores and dealerships in key cities |
8.3 Adoption rate of advanced technology features in high-end bicycles, such as electronic shifting systems |
8.4 Average distance covered per cycling trip in urban areas |
8.5 Percentage increase in the use of bicycles for commuting purposes |
9 India High End Bicycle Market - Opportunity Assessment |
9.1 India High End Bicycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India High End Bicycle Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India High End Bicycle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India High End Bicycle Market - Competitive Landscape |
10.1 India High End Bicycle Market Revenue Share, By Companies, 2024 |
10.2 India High End Bicycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here