Global Bicycle Tyre Market 2021-2025
Technavio has been monitoring the bicycle tyre market and it is poised to grow by $ 477.69 mn during 2021-2025 progressing at a CAGR of 3% during the forecast period. Our report on bicycle tyre market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing need for fitness activities and government initiatives to promote cycling. In addition, growing need for fitness activities is anticipated to boost the growth of the market as well.
The bicycle tyre market analysis includes application segment and geographical landscapes.
Technavio's bicycle tyre market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the innovation and portfolio expansion leading to product premiumization as one of the prime reasons driving the bicycle tyre market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on bicycle tyre market covers the following areas:
- Bicycle tyre market sizing
- Bicycle tyre market forecast
- Bicycle tyre market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bicycle tyre market vendors that include Bridgestone Corp., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Donnelly Cycling, Hermann Hartje KG, Hwa Fong Rubber Ind. Co. Ltd., MICHELIN, Rene Herse Cycles, THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp.. Also, the bicycle tyre market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.