| Product Code: ETC7548315 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s mountain bicycle import market in 2024 continued to be dominated by top exporting countries such as China, Taiwan, Province of China, Sri Lanka, Cambodia, and Indonesia. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -34.98% from 2020 to 2024. The growth rate from 2023 to 2024 dropped even further by -65.24%, reflecting a challenging environment for mountain bicycle imports 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 Mountain Bicycles Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Mountain Bicycles Market Revenues & Volume, 2021 & 2031F |
3.3 India Mountain Bicycles Market - Industry Life Cycle |
3.4 India Mountain Bicycles Market - Porter's Five Forces |
3.5 India Mountain Bicycles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Mountain Bicycles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 India Mountain Bicycles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Mountain Bicycles Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Mountain Bicycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in outdoor recreational activities and adventure sports |
4.2.2 Growing awareness about health and fitness among the Indian population |
4.2.3 Rising disposable income levels, especially among the middle-class segment |
4.3 Market Restraints |
4.3.1 Limited availability of well-maintained mountain biking trails and infrastructure in India |
4.3.2 High initial cost associated with purchasing mountain bicycles |
4.3.3 Competition from other recreational activities and sports |
5 India Mountain Bicycles Market Trends |
6 India Mountain Bicycles Market, By Types |
6.1 India Mountain Bicycles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Mountain Bicycles Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Mountain Bicycles Market Revenues & Volume, By Cross Country Bikes, 2021- 2031F |
6.1.4 India Mountain Bicycles Market Revenues & Volume, By All Mountain Bikes, 2021- 2031F |
6.1.5 India Mountain Bicycles Market Revenues & Volume, By Downhill Bikes, 2021- 2031F |
6.1.6 India Mountain Bicycles Market Revenues & Volume, By Freeride Bikes, 2021- 2031F |
6.1.7 India Mountain Bicycles Market Revenues & Volume, By Dirt Jumping Bikes, 2021- 2031F |
6.1.8 India Mountain Bicycles Market Revenues & Volume, By Trail Mountain, 2021- 2031F |
6.2 India Mountain Bicycles Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Mountain Bicycles Market Revenues & Volume, By E-mountain Bikes, 2021- 2031F |
6.2.3 India Mountain Bicycles Market Revenues & Volume, By Standard Mountain Bikes, 2021- 2031F |
6.3 India Mountain Bicycles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Mountain Bicycles Market Revenues & Volume, By Racing, 2021- 2031F |
6.3.3 India Mountain Bicycles Market Revenues & Volume, By Leisure, 2021- 2031F |
6.4 India Mountain Bicycles Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Mountain Bicycles Market Revenues & Volume, By Specialty Bicycle Retailers, 2021- 2031F |
6.4.3 India Mountain Bicycles Market Revenues & Volume, By Mass Merchants, 2021- 2031F |
6.4.4 India Mountain Bicycles Market Revenues & Volume, By Full-Line Sporting Goods Store, 2021- 2031F |
6.4.5 India Mountain Bicycles Market Revenues & Volume, By Outdoor Specialty Store, 2021- 2031F |
6.4.6 India Mountain Bicycles Market Revenues & Volume, By Others, 2021- 2031F |
7 India Mountain Bicycles Market Import-Export Trade Statistics |
7.1 India Mountain Bicycles Market Export to Major Countries |
7.2 India Mountain Bicycles Market Imports from Major Countries |
8 India Mountain Bicycles Market Key Performance Indicators |
8.1 Number of mountain biking events and competitions being organized in India |
8.2 Percentage increase in the number of mountain biking enthusiasts in urban areas |
8.3 Growth in the number of mountain biking clubs and communities in different regions of India |
9 India Mountain Bicycles Market - Opportunity Assessment |
9.1 India Mountain Bicycles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Mountain Bicycles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 India Mountain Bicycles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Mountain Bicycles Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Mountain Bicycles Market - Competitive Landscape |
10.1 India Mountain Bicycles Market Revenue Share, By Companies, 2024 |
10.2 India Mountain Bicycles 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.
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