A bicycle tire is a tire that fits on the wheel of a bicycle, a handcycle, or a wheelchair. The bicycle tire system offers an optimal source of suspension and creates lateral forces and longitudinal forces that are essential for propulsion, turning, balancing, and braking. There are several grips available in the market, which improve traction between the wheels and the road and enhance performance at high speeds and on rough and uneven terrains. The recent removable pneumatic bicycle tire contributed to the acceptance and boosted safety operation of the bicycle.
MARKET DYNAMICS
Growing bicycle market owing to the urbanization and rising fuel prices is a key trend propelling the growth of the bicycle tires market. Moreover, growth in adventure and racing sports, such as off-road riding and dirt biking are expected to fuel growth of the overall bicycle tires market in the near future.
MARKET SCOPE
The "Global Bicycle Tires Market Analysis to 2028? is a specialized and in-depth study of the bicycle tires industry with a special focus on the global market trend analysis. The report aims to provide an overview of bicycle tires market with detailed market segmentation by tire type, application, and geography. The global bicycle tires market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bicycle tires market players and offers trends and opportunities in the market.
MARKET SEGMENTATION
The global bicycle tires market is segmented on the basis of tire type and application. Based on tire type, the bicycle tires market is segmented as tubed tire, tubeless tire, and solid tire. On the basis of application, the market is segmented as road bikes, mountain bikes, hybrid bikes, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bicycle tires market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The bicycle tires market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting bicycle tires market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the bicycle tires market for each region.
MARKET PLAYERS
The reports cover key developments in the bicycle tires market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from bicycle tires market are anticipated to lucrative growth opportunities in the future with the rising demand for bicycle tires in the global market. Below mentioned is the list of few companies engaged in the bicycle tires market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- Cheng Shin Rubber Ind. Co. Ltd.
- Continental
- Fyxation Bicycle Co.
- Hutchinson
- Kenda Tires
- Michelin
- Panaracer Corporation
- Schwalbe
- Suomi Tyres
- Trek Bicycle Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.