Middle East & Africa Bicycle Frames Market Size & Outlook
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MEA bicycle frames market highlights
- The MEA bicycle frames market generated a revenue of USD 1,387.6 million in 2024.
- The market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, aluminum was the largest revenue generating material in 2024.
- Carbon Fiber is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 1,387.6 million |
| Market revenue in 2030 | USD 1,777.7 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Carbon Fiber |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Steel, Carbon Fiber, Titanium |
| Key market players worldwide | Advanced International Multitech, Topkey, Ideal Bike, Giant Manufacturing Co Ltd, Cicli Pinarello S.p.A, Specialized Bicycle Components, Scotts, Velocite Tech |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.1% of the global bicycle frames market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,527.7 million by 2030.
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Bicycle Frames Market Scope
Bicycle Frames Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Velocite Tech | View profile | 11-50 | Kaohsiung, T'ai-wan, Taiwan, Asia | https://www.venn-cycling.com |
| Cicli Pinarello S.p.A | View profile | 11-50 | Villorba, Veneto, Italy, Europe | http://www.pinarello.com |
| Ideal Bike | View profile | 1-10 | Taichung, T'ai-wan, Taiwan, Asia | http://www.idealbike.com.tw |
| Topkey | View profile | 1-10 | San Francisco, California, United States, North America | https://www.topkey.io |
| Advanced International Multitech | View profile | 501-1000 | Kaohsiung, T'ai-wan, Taiwan, Asia | http://www.adgroup.com.tw |
| Scotts | View profile | 101-250 | Wiltshire, Mississippi, United States, North America | https://www.scottsandco.com |
| Giant Manufacturing Co Ltd | View profile | 11405 | Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, Taiwan, 40763 | https://www.giant-bicycles.com |
| Specialized Bicycle Components | View profile | 501-1000 | Morgan Hill, California, United States, North America | http://specialized.com |
Middle East & Africa bicycle frames market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle frames market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 36.83% in 2024. Horizon Databook has segmented the Middle East & Africa bicycle frames market based on aluminum, steel, carbon fiber, titanium covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa bicycle frames market databook
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Our clientele includes a mix of bicycle frames market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bicycle frames market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bicycle frames market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA bicycle frames market size, by country, 2018-2030 (US$M)
Middle East & Africa Bicycle Frames Market Outlook Share, 2024 & 2030 (US$M)
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