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 as the most important component in any vehicle providing traction, support and comfort in the ride. Over the years, bicycle tires have immensely evolved from basic tubed tires to ride specific racing and off-road tires. Some of the major types of bicycle tires available in the market including tubed, tubeless and airless. On account of lower costs and ease of installation, the tubed bicycle tires 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) tires across the world. Based on applications, the overall bicycle tires market has been segmented into on-road and all-terrain applications. The on-road bicycle tires segment comprises various sleek and precision tires which enable higher acceleration and manoeuvrability over blacktop roads and tracks. The all-terrain tires segment comprises various wider tires with deeper threads which offer enhanced grip and durability over the uneven and rough surface making them highly popular for adventure sports and off-road applications.

The bicycle tires market has been majorly driven by increasing users of bicycles in recent years. Various factors such as environmental concerns, health and fitness, among others have compelled pedestrians to make use of bicycles for their regular 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 tire 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 tires segments, the market is expected to witness significant growth during the forecast period.

Bicycle Tires Market

The report titled “Global Bicycle Tires Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global bicycle tires market along with the market size and estimates for the duration 2015 to 2025. The said research study covers 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 & 2025. The report also provides a prolific view on 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 tires industry
  • Market fuelers, market impediments, and their impact on the 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 tires market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.


 

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The global bicycle tires market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

Bicycle Tires Market

In 2016, Asia Pacific represented the largest market for bicycle tires, in terms of revenue. The region is primarily supported by countries such as China, India, Thailand, Indonesia, Japan and South Korea among others. With the rising adoption of bicycles across India and Southeast Asia countries, the demand for bicycle tires is projected to rise perpetually in the following years. As a result, Asia Pacific would continue to dominate the overall bicycle tires market throughout the forecast period, expanding with the highest growth rate.

Europe followed Asia Pacific, in terms of revenue, in the overall bicycle tires market globally in 2016. Higher adoption of bicycles among general population especially in countries including UK, Germany, France, Sweden, the Netherlands and Denmark, among others has offer a significant market for bicycle tires in the region. Furthermore, higher popularity of cycling as a sport accompanied with off-road cycling in some of the major countries in the region offer immense growth opportunities to the overall Europe bicycle tires market.

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Published Date:  Jun 2017
Category:  Automotive & Transportation
Report ID:   58498
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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