Canada Bicycle Market 2024-2030
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Canada Bicycle Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

CANADA BICYCLE MARKET

 

INTRODUCTION

The mountain bicycle market is predicted to increase market in the coming years as customers, particularly millennials, continue to choose mountain bicycling due to reasons such as the lower cost of repair and maintenance of traditional bicycles over electric bicycles.

 

Furthermore, while bicycling has long been a convenient form of transportation, it has recently emerged as a popular recreational and leisure activity, particularly among women. In terms of technology, traditional women's bicycles currently dominate the global market.

 

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CANADA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1As gas prices spike, Montreal's bike culture seen as modelUnder pressure from individuals who sought habitable cities as well as the real problem of gas shortages, the governmentCanadaThis would enhance better Technological Controls
2My First Bicycle Foundation Announces New PartnershipFinancially disadvantaged children in Canada who qualify through the My First Bicycle online application procedure will get a brand-new bicycle, lock, and helmet.CanadaThis would enhance better Technological Controls
3Demand for bikes continues to rise in Saskatchewan while supply falls behindThe combination of rising gas prices and being stranded for nearly two years is a recipe for disaster.CanadaThis would enhance better Technological Controls
4Great COVID-19 bicycle boom expected to keep bike industryShops across Canada are struggling to keep up with increased demand and disturbed supply.CanadaThis would enhance better Technological Controls

 

 

CANADA BICYCLE MARKETCOMPETITIVE LANDSCAPE

People are considering bicycle commuting over short distances to save time due to increasing traffic congestion and a lack of parking space, particularly in urban cities.

 

Simultaneously, several governments are putting in place the infrastructure required to facilitate bicycle commuting, thereby encouraging people to use bicycles.However, the lack of infrastructure required to support and encourage bicycle commuting, particularly in developing nations, is a serious concern.

 

Trek Bikes is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The Supercaliber 9.7 eliminates the need to select between hardtail and full-suspension. From the efficient IsoStrut shock to the weight-saving pivotless seat stays that reduce trial chatter, every aspect of this bike is designed for speed.

 

This XC-crushing machine is completed by a lightweight parts specification. Trek's exclusive lightweight IsoStrut FOX Performance shock is designed specifically for Supercaliber and features an ultra-lightweight, full OCLV Mountain Carbon frame with 60 mm of travel

 

Giant Bicycles is a leading mobiliser of the various explorer oriented manufacturer requirements in the market. The ideal mix of road bike speed and city bike functionality. This new flat-bar road bike, which is built on a lightweight ALUXX SL aluminium frameset, puts the rider in a comfortable, smooth, and efficient position.

 

On extended rides, the D-Fuse seatpost smooths out uneven roads, while the ergo bar ends keep your hands comfy. The fast-rolling wheels are tubeless ready and can accommodate high-volume tyres up to 32c, giving you a smoother ride, more grip, and fewer flat tyres.

 

CANADA BICYCLE MARKETCOMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix