Malaysia Bicycle Market 2024-2030
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Malaysia Bicycle Market 2024-2030

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

MALAYSIA BICYCLE MARKET

 

INTRODUCTION

The region's consumption for bicycles is projected to increase as a result of factors like the rise in women's participation rates and government efforts. Due to this rising demand, bicycle manufacturers are releasing cutting-edge bicycles and accessories.

 

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The market for both general and sports bicycles is anticipated to increase due to an expanding base of bicycle applications in recreational and trekking activities as well as an increase in cycling events.

 

It is anticipated that rising media attention to such events and the increasing power of celebrity endorsement would further propel industry expansion. ​

 

MALAYSIA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Youths riding illegally modified bicycles a threat to road safety in MalaysiaPeople competing on basikal lajak frequently try to adopt the "Superman pose," which enables them to be more aerodynamic.MalaysiaThis would enhance better Technological Controls
2Bike Commute KL: cycling to combat climate changeEven for only one day, switching from vehicles to bicycles can benefit the environment.MalaysiaThis would enhance better Technological Controls
3New rules for micro-mobility vehicles in Malaysia soonAccording to the government, a bylaw to regulate micro mobility cars is in the works.MalaysiaThis would enhance better Technological Controls
4E-scooters and mopeds banned on Malaysian roadsAccording to the ministry of transportation, some micromobility vehicles cannot be driven on public highways.MalaysiaThis would enhance better Technological Controls

 

MALAYSIA BICYCLE MARKET COMPETITIVE LANDSCAPE

Bicycle sales first experienced a decline as a result of the global shutdown of offline retailers as a result of limitations brought on by the COVID-19 epidemic. However, there has been a recent increase in the number of people attempting to avoid public transit out of fear of getting sick, which has led to a rise in the demand for bicycles.

 

In addition, with consumers becoming more concerned about their health, bicycles are now viewed as a trustworthy and healthy form of transportation.

 

Firefox is a leading mobiliser of the various explorer manufacturer requirements in the market. With its vibrant colour scheme, Firefox Nuke 27.5 D receives an 8/10 for design. It is ideal for individuals looking for adventure while staying on the edgy and rebellious side of bicycling.

 

The road to becoming a pro rider can begin with Firefox Nuke 27.D, so let's get started. The Firefox Nuke 27.5 D features an Alloy Hardtail Frame with a SUNTOUR XCT front suspension fork with 100mm of travel and hydraulic lockout that smooths out the bumps in the road.

 

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

 

MALAYSIA BICYCLE MARKET COMPANIES 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