Global Bicycle Tire Market Growth 2023-2029

Global Bicycle Tire Market Growth 2023-2029

A bicycle tire is a tire that fits on the wheel of a bicycle, unicycle, tricycle, quadracycle, bicycle trailer, or trailer bike. They may also be used on wheelchairs and hand cycles, especially for racing. Bicycle tires provide an important source of suspension, generate the lateral forces necessary for balancing and turning, and generate the longitudinal forces necessary for propulsion and braking. They are the second largest source, after air drag, of power consumption on a level road. The modern detachable pneumatic bicycle tire contributed to the popularity and eventual dominance of the safety bicycle.

LPI (LP Information)' newest research report, the “Bicycle Tire Industry Forecast” looks at past sales and reviews total world Bicycle Tire sales in 2022, providing a comprehensive analysis by region and market sector of projected Bicycle Tire sales for 2023 through 2029. With Bicycle Tire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Tire industry.

This Insight Report provides a comprehensive analysis of the global Bicycle Tire landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Tire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Tire market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Tire and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Tire.

The global Bicycle Tire market size is projected to grow from US$ 1148.5 million in 2022 to US$ 1345 million in 2029; it is expected to grow at a CAGR of 1345 from 2023 to 2029.

Global Bicycle Tire key players include CHENG SHIN, Continental, etc. Global top two manufacturers hold a share over 50%.

China is the largest market, with a share about 65%, followed by EMEA, and Asia-Pacific, both have a share over 20 percent.

In terms of application, the largest application is City Bicycle, with a share over 50%, followed by Mountain Bicycle, Road Bicycle, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Tire market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Slick Bike Tires

Semi-slick Bike Tires

Inverted Tread Tires

Knobby Tires

Segmentation by application

City Bicycle

Mountain Bicycle

Road Bicycle

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

CHENG SHIN

Continental

Kenda

Hangzhou Zhongce

Hwa Fong

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bicycle Tire market?

What factors are driving Bicycle Tire market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bicycle Tire market opportunities vary by end market size?

How does Bicycle Tire break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.