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Bicycle Tires Market By Product Type (Tubed Tires, Tubeless Tires, Airless Tires), By Application (On-Road Application, All Terrain Application) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

Tires constitute the most important component in any vehicle, providing traction, support, and comfort during the ride. Bicycle tyres have evolved tremendously over the years, from basic tubed tyres to ride-specific racing and off-road tires. Some of the major types of bicycle tyres available on the market include tubed, tubeless, and airless. On account of lower costs and ease of installation, tubeless bicycle tyres have experienced higher adoption over the years. However, rising demand for more durability and usability has led to the increasing adoption of tubeless and airless (solid) tyres across the world. Based on applications, the overall bicycle tyre market has been segmented into on-road and all-terrain applications. The on-road bicycle tyre segment comprises various sleek and precision tyres that enable higher acceleration and maneuverability over blacktop roads and tracks. The all-terrain tyre segment comprises various wider tyres with deeper threads that offer enhanced grip and durability over uneven and rough surfaces, making them highly popular for adventure sports and off-road applications.

In recent years, the bicycle tyre market has been heavily influenced by rising bicycle usage. A variety of factors, including environmental concerns, health and fitness, and others, have compelled pedestrians to use bicycles for their daily commute. Thereby, the market has witnessed an increasing demand for new bicycles for various applications such as regular on-road use, off-road biking, and sports. As a result, the bicycle tyre market has been witnessing an increased demand for various types of on-road and off-road tires. Moreover, with ongoing product innovation in the tubeless and airless tyre segments, the market is expected to witness significant growth during the forecast period.

The report titled "Global Bicycle Tires Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global bicycle tyres market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on product type, application, and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of bicycle tires, market positioning, and key developments. Some of the major players profiled in the report are MICHELIN, Continental AG, Vittoria Group, Kenda Tires, Maxxis International–USA, Schwalbe Tires North America, Inc., SUOMEN RENGASTEHDAS OY, Ralson Tyres, Zhongce Rubber Group Company Limited, and Hwa Fong Rubber Ind. Co., Ltd.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the bicycle tyre industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global bicycle tyre market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global bicycle tyre market is segmented, based on product type, into the following categories:

  • Tubed
  • Tubeless
  • Airless

In 2016, the overall bicycle tyre market was led by the tubed tyres segment. The segment contributed to nearly 70% of the total market revenue in 2016. Tubed tyres are the oldest design of bicycle tyres and, hence, have enjoyed a prolonged presence in the market. Over the years, tubed tyres have been adopted by numerous leading bicycle manufacturers on account of their ease of installation and low cost to the assembler. Thereby, the segment is projected to remain dominant in the market throughout the forecast period. Tubeless tires, on the other hand, are expected to grow at the fastest rate in the coming years. These tyres offer puncture resistance and are more durable as compared to their tubed counterparts. Factors such as the higher cost of installation and the requirement for spoke-less wheels on bicycles have so far curtailed the adoption of tubeless tyres across the world.

Frequently Asked Questions:

The market for Bicycle Tires Market is expected to reach US$ 4.9 Bn By 2025.

The Bicycle Tires Market is expected to see significant CAGR growth over the coming years, at 5.7%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Vittoria Group, Kenda Tires, Maxxis International–USA, Schwalbe Tires North America, Inc., SUOMEN RENGASTEHDAS OY, Ralson Tyres, Zhongce Rubber Group Company Limited are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Automotive & Transportation
Report ID:   58498
Report Format:   PDF
Pages:   120
Rating:    4.7 (70)
Delivery Time: 24 Hours to 48 Hours   
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