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The bicycle tyre market share is expected to increase by USD 477.69 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3%.
This bicycle tyre market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bicycle tyre market segmentation by application (manual bicycles and e-bikes) and geography (APAC, Europe, North America, South America, and MEA).
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The bicycle tyre market report also offers information on several market vendors, including 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. among others.
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing need for fitness activities is notably driving the bicycle tyre market growth, although factors such as the imposition of trade tariffs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bicycle tyre industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Bicycle Tyre Market Driver
Key Bicycle Tyre Market Trend
This bicycle tyre market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bicycle tyre market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the bicycle tyre market encompasses successful business strategies deployed by the key vendors. The bicycle tyre market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The bicycle tyre market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the bicycle tyre market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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67% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for bicycle tyres in APAC. However, market growth in this region will be slower than the growth of the market in Europe and North America.
The rising number of cycling enthusiasts will facilitate the bicycle tyre market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The bicycle tyre market share growth by the manual bicycles segment will be significant during the forecast period. The growth is attributed to the high demand for manual bicycles such as pedal bicycles, hand-cranked bicycles or handcycles, rowing bicycles, treadle bicycles, bucking bicycles, and balance bicycles.
This report provides an accurate prediction of the contribution of all the segments to the growth of the bicycle tyre market size and actionable market insights on post COVID-19 impact on each segment.
Bicycle Tyre Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
Market growth 2021-2025 |
$ 477.69 million |
Market structure |
Fragmented |
YoY growth (%) |
2.12 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 67% |
Key consumer countries |
China, Japan, US, Germany, France, and The Netherlands |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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