Global Bicycle Tires Market – Industry Trends and Forecast to 2028

  • Automotive
  • Upcoming Report
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Bicycle Tires Market, By Bicycle Type (Mountain, Hybrid, Electric, Comfort, Youth, Cruiser, Road), Product Type (Tube Tire, Tubeless Tire, Solid Tire), Width (18mm - 32mm, 32mm - 52mm, Above 52mm), Size (Up to 12 Inch, 12 Inch - 22 Inch, Above 22 Inch), Application (On-Road Application, All Terrain Application), Distribution Channel (Bicycle Tire Aftermarket, Original Equipment Manufacturers (OEMS)), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

Bicycle Tires Market Bicycle Tires Market Analysis and Insights

Bicycle tires market size is valued at USD 9.86 billion by 2028 and is expected to grow at a compound annual growth rate of 2.80% over the forecast period of 2021 to 2028. Data Bridge Market Research report on bicycle tires market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Bicycle tire is a tire which fits on the wheel of a bicycle, wheelchair and handcycle. The bicycle tire system gives a finest source of suspension and generates lateral forces and longitudinal forces that are essential for turning, balancing, propulsion and braking.

The bicycle tires market has a huge potential to grow over the forecast period of 2021 to 2028, owing to the increasing number of disorders such as obesity and cardiovascular diseases which has increased because of inactive lifestyle, so people are shifting their focus towards a healthier lifestyle, and cycling is the easiest and efficient solution for it. In addition, the increasing traffic congestion associated with growing fuel prices is also largely influencing the growth of the bicycle tires market. Also the high per capita incomes as well as the rising demand for eco-friendly transportation, significant increase in cycling events and professional cycling are another driver flourishing the bicycle tires market growth. Additionally, the rapid increase in the number of cycling events coupled with growing number of cycling rental schemes are also creating the huge demand for bicycle tires and are projected to witness significant growth in the above mentioned forecast period.

However, the market of bicycle tires though has certain limitations which can obstruct the potential growth of the market such as the high cost of the bicycles as well shortage of necessary spare parts and accessories, whereas the developing automotive industry in emerging markets have the potential to challenge the growth of the bicycle tires market in the above mentioned forecast period.

In addition, the constant development of puncture-resistant tires, tubeless tires and other such advancements as well as the high demand for tubeless all terrain tires from consumers for better convenience and usability will further offer various growth opportunities for the bicycle tires market in the forecast period of 2021 to 2028.

This bicycle tires market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bicycle tires market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Bicycle Tires Market Scope and Market Size

Bicycle tires market is segmented on the basis of bicycle type, product type, width, size, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of bicycle type, the bicycle tires market is segmented into mountain, hybrid, electric, comfort, youth, cruiser and road.
  • Bicycle tires market is segmented on the basis of product type into tube tire, tubeless tire and solid tire.
  • Based on width, the bicycle tires market is segmented into 18mm - 32mm, 32mm - 52mm and above 52mm.
  • On the basis of size, the bicycle tires market is segmented into up to 12 inch, 12 inch - 22 inch and above 22 inch.
  • Based on application, the bicycle tires market is segmented into on-road application and all terrain application.
  • The distribution channel of the bicycle tires market is segmented into bicycle tire aftermarket and original equipment manufacturers (OEMS).

Bicycle Tires Market Country Level Analysis

Bicycle tires market is analyzed and market size, volume information is provided by country, bicycle type, product type, width, size, application and distribution channel as referenced above.

The countries covered in the bicycle tires market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

Asia-Pacific leads the bicycle tires market because of the high adoption of bicycles across India as well as the increasing demand for premium bicycles in this particular region. Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the increasing awareness regarding environmental concerns and better disposable income in the region.

The country section of the bicycle tires market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Bicycle Tires Market Share Analysis

Bicycle tires market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bicycle tires market.

The major players covered in the bicycle tires market report are Trek Bicycle Corporation, Challenge Tires, Rene Herse Cycles, CST, Michelin, Continental Corporation, PT INDUSTRI KARET, Diamondback Bicycles, Kenda Tires, Vittoria, DONNELLY CYCLING, Maxxis International–USA, Schwalbe Tires NA, BRAZA TYRES Pvt. Ltd., Nokian Tyres plc, HUTCHINSON, RALSON TYRES, COGNOSCENTI CYCLES, HWA FONG RUBBER and ere research among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Bicycle Tires Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

 


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