The global demand for Bicycle Tire Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2020-2026.
Bicycle tire is the ring shaped flexible casing attached to the rim of the bicycle that acts as important part for propulsion of bicycle. It can also be used to ride bicycles, tricycles, tandem cycle, and wheelchairs that provides suspension to the vehicle and essential force for slow down the bicycle.
The growth of the bicycle tire market is accounted for rise in health conscious population. Hike in obese population resulting into increase in demand for bicycles, which is expected to fuel the market growth. Shifting preference of the population towards active lifestyle through cycling and other physical activities is driving the market growth. Increasing demand for bicycles for recreational and sporting activities such as mountain biking, is further escalating the demand for bicycle tires worldwide. However, hazardous air pollutant (HAP) emission formed through bicycle emission acts as key factor hampering the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of bicycle tire.
The entire bicycle tire market has been sub-categorized into product type, bicycle type, width, size and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Bicycle Type
- Tubeless Tire
- Tube Tire
- Solid Tire
- 18mm - 32mm
- 32mm - 52mm
- Above 52mm
- Up to 12 Inch
- 12 Inch - 22 Inch
- Above 22 Inch
- Bicycle Tire Aftermarket
- Original Equipment Manufacturers (OEMS)
This section covers regional segmentation which accentuates on current and future demand for bicycle tire market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Bicycle Tire Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bicycle tire market include Vittoria, Continental AG, Apollo Vredestein, Challenge Tires, Hutchinson SA, Freedom Bicycle, Michelin, Kenda, SuomiTyres, Panaracer Corporation, Fyxation Bicycle Co., Bridgestone, Trek Bicycle Corporation and others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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