Global Gravel Tyres Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Gravel Tyres market size was valued at US$ 720 million in 2023. With growing demand in downstream market, the Gravel Tyres is forecast to a readjusted size of US$ 1091.2 million by 2030 with a CAGR of 6.1% during review period.
The research report highlights the growth potential of the global Gravel Tyres market. Gravel Tyres 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 Gravel Tyres. 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 Gravel Tyres market.
Gravel tires, also known as adventure or all-road tires, are specifically designed for riding on unpaved or mixed surfaces such as gravel roads, dirt trails, and rough terrains. These tires provide better traction, control, and durability compared to standard road tires, making them ideal for gravel riding, bikepacking, and exploring off-road routes.
The global gravel tires market refers to the industry involved in the production, distribution, and sales of tires specifically designed for gravel riding and other off-road applications. Gravel tires cater to the growing demand from cyclists who seek a versatile tire option that can handle a variety of terrains, including gravel roads, dirt trails, and rough surfaces.
The market for gravel tires has experienced significant growth in recent years due to the increasing popularity of gravel riding as a recreational activity and a form of competitive cycling. Several factors contribute to the growth of the global gravel tires market, including:
Rise in gravel riding: Gravel riding has gained popularity among cyclists worldwide, as it offers a unique blend of adventure, exploration, and off-road cycling. As a result, there is an increased demand for tires specifically designed for these types of riding conditions.
Product innovation and technology: Tire manufacturers are continuously developing and refining gravel tire technologies to enhance performance, durability, and puncture resistance. This includes advancements in tread patterns, rubber compounds, sidewall protection, and tubeless compatibility.
Expansion of the cycling industry: The overall growth of the cycling industry, with increasing participation in cycling events, bikepacking, and adventure cycling, has created a larger market for gravel tires. This includes both recreational and professional cyclists seeking specialized tire options.
Increased awareness of tire performance: Cyclists have become more aware of the impact tires have on overall ride quality and performance. Gravel tires provide specific features that cater to the demands of off-road riding, such as improved traction, durability, and puncture resistance.
The global gravel tires market is competitive, with several key players involved in the manufacturing and distribution of gravel tires worldwide. These companies focus on product development, technological advancements, and marketing strategies to cater to the evolving needs of gravel riders.
Key Features:
The report on Gravel Tyres 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 Gravel Tyres market. It may include historical data, market segmentation by Type (e.g., Width 2.0 Inch, Width 2-2.2 Inch), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Gravel Tyres 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 Gravel Tyres 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 Gravel Tyres industry. This include advancements in Gravel Tyres technology, Gravel Tyres new entrants, Gravel Tyres new investment, and other innovations that are shaping the future of Gravel Tyres.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Gravel Tyres market. It includes factors influencing customer ' purchasing decisions, preferences for Gravel Tyres product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Gravel Tyres market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Gravel Tyres 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 Gravel Tyres market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Gravel Tyres 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 Gravel Tyres market.
Market Segmentation:
Gravel Tyres 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
Width 2.0 Inch
Width 2-2.2 Inch
Width 2.2-2.3 Inch
Width 2.3-2.8 Inch
Width >2.8 Inch
Segmentation by application
Racing Bikes
Household Bikes
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.
Pirelli
Schwalbe
Vittoria
Maxxis
Continental
Michelin
Panaracer
Tacx
Challenge
CushCore
Mavic
Hutchinson
Specialized
Uncranded
Kenda
Raleigh
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gravel Tyres market?
What factors are driving Gravel Tyres market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gravel Tyres market opportunities vary by end market size?
How does Gravel Tyres break out type, application?
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