Global Bicycle Tyres (Bike Tires) Market Growth 2024-2030

Global Bicycle Tyres (Bike Tires) Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Bicycle Tyres (Bike Tires) market size was valued at US$ 1148.5 million in 2023. With growing demand in downstream market, the Bicycle Tyres (Bike Tires) is forecast to a readjusted size of US$ 1463.8 million by 2030 with a CAGR of 3.5% during review period.

The research report highlights the growth potential of the global Bicycle Tyres (Bike Tires) market. Bicycle Tyres (Bike Tires) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Bicycle Tyres (Bike Tires). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Bicycle Tyres (Bike Tires) market.

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.

In 2022, according to the China Bicycle Association, the operating income of Chinese bicycle and electric bicycle enterprises above designated size was ¥210 billion, a year-on-year increase of 3%. According to our Bicycles and Motorcycles Research Center, in 2022, the global bicycle sales was about 9500 million units.

Key Features:

The report on Bicycle Tyres (Bike Tires) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Bicycle Tyres (Bike Tires) market. It may include historical data, market segmentation by Type (e.g., Slick bike tires, Semi-slick bike tires), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Bicycle Tyres (Bike Tires) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Bicycle Tyres (Bike Tires) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Bicycle Tyres (Bike Tires) industry. This include advancements in Bicycle Tyres (Bike Tires) technology, Bicycle Tyres (Bike Tires) new entrants, Bicycle Tyres (Bike Tires) new investment, and other innovations that are shaping the future of Bicycle Tyres (Bike Tires).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Bicycle Tyres (Bike Tires) market. It includes factors influencing customer ' purchasing decisions, preferences for Bicycle Tyres (Bike Tires) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Bicycle Tyres (Bike Tires) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Bicycle Tyres (Bike Tires) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Bicycle Tyres (Bike Tires) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Bicycle Tyres (Bike Tires) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Bicycle Tyres (Bike Tires) market.

Market Segmentation:

Bicycle Tyres (Bike Tires) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Slick bike tires
Semi-slick bike tires
Inverted tread tires
Knobby tires
Others

Segmentation by application
Road Bike
Mountain Bike
City Bike
Others

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.
Vittoria Industries
Maxxis Tires
Kenda Tire
Saris
Muc-Off
Continental
Mavic
Academy
Tacx
Mitas
Compass Bicycles
Michelin
Hangzhou Zhongce
Hwa Fong

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bicycle Tyres (Bike Tires) market?

What factors are driving Bicycle Tyres (Bike Tires) market growth, globally and by region?

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

How do Bicycle Tyres (Bike Tires) market opportunities vary by end market size?

How does Bicycle Tyres (Bike Tires) break out type, application?

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