Philippines Bicycle Market 2024-2030
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Philippines Bicycle Market 2024-2030

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

PHILIPPINES BICYCLE MARKET

 

INTRODUCTION

 

This is timely and pertinent since it will not only meet the local market's need for bicycles and electric bikes, but it will also help us maintain our status as a net exporter of bicycles, which has high demand from other markets.

 

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The National Transport Policy, which encourages local government entities and national agencies to give emphasis to the building of suitable sidewalks and networks of bicycle lanes, is in accordance with the promotion of sustainable and equitable mobility.

 

The NEDA has urged the business sector to support the alternative transportation movement by offering post-trip amenities.

 

PHILIPPINES BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Philippines built 500km of bike lanes in less than a yearThe growth of cycling in September 2020, together with the outstanding advocacy effort done by CSOs, urban cycling advocatesPhilippinesThis would enhance better Technological Controls
2A boredom buster and lifeline amid pandemic in the PhilippinesThe humble bicycle has made it possible for front-line medical personnel to travel to hospitals and save lives, helping millions of Filipinos cope with the Covid-19 outbreak.PhilippinesThis would enhance better Technological Controls
3The Philippines Wants Nation’s Bike Lanes on Digital Map AppThe Department of Transportation (DOTr) has asked a major search engine to update the dashboard of its well-known real-time navigation software to reflect bike lane routes in the Philippines.PhilippinesThis would enhance better Technological Controls
4Philippines promotes walking, biking amid COVID-19 lockdownsIn densely populated locations, a digital technology automatically limits the power of electric bicycles.PhilippinesThis would enhance better Technological Controls

PHILIPPINES BICYCLE MARKET COMPETITIVE LANDSCAPE

 

The government was eager to establish more protected bike lanes in the nation, thus bicycle imports last year increased while the pandemic limited public transportation.

 

Philippinos switched to cycling during the height of the lockdown last year since public transportation was suspended for months. Public transportation has to lower its carrying capacity even after quarantine regulations were relaxed in order to maintain social distance.

 

The epidemic caused shortages in public transportation and decreased transportation supply, which hurt the industry.

 

Decathlon PH is a leading mobiliser of the various explorer manufacturer requirements in the market. The comfort-oriented frame geometry provides a more upright position than a traditional road frame thanks to a higher steering socket and a shorter top tube.

 

Sloping frame made of 6061 T6 aluminium with a partially integrated headset. The double-walled sport wheels B'Twin 700. 9mm quick-release attachment to make handling and transit easier. tyre size 700 x 32.

 

For improved performance, the tread contains tiny studs. For increased traction in bends on cemented or loose ground as well as on gravel, the sides of the tyres have bigger studs.

 

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

 

PHILIPPINES 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