Global Bicycle Saddles and Seats Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Bicycle Saddles and Seats Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The rail of the saddle is the frame at the bottom, and the seat of the bicycle is clamped on it.

Market Overview:

The latest research study on the global Bicycle Saddles and Seats market finds that the global Bicycle Saddles and Seats market reached a value of USD 2723.87 million in 2022. It’s expected that the market will achieve USD 3358.05 million by 2028, exhibiting a CAGR of 3.55% during the forecast period.

Drivers

At present, there are an increasing number of international cycling events such as Qinghai Lake, Hainan Island, and Taihu Lake. The popularity of fitness for all, and the increasing number of people like bicycles as daily exercise. With the concept of environmental protection travel, the government has also made corresponding subsidies for low-carbon travel, and advocated cycling, the government first solved the problem of bicycle lanes. The bicycle lanes in the city are very obvious. The road surface is either red or yellow. The color is always different from the motorway. The road surface, especially the intersection, always draws a bicycle pattern, which makes it clear at a glance. There are also traffic lights for bicycles and straight or left bicycle signs at the intersection. These factors are also contributing to the sales of the bicycle market
Except for the above, in developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for bicycle saddles and seats market.

Limitations

China's shared bicycle industry is in a difficult transition period, the financing threshold is getting higher and higher, the development of small companies is more difficult, most of them are acquired by industry giants. First of all, the deposit problem is serious, which needs to be improved through regulation and regulations. With the increasingly fierce competition and obvious head effect, the industry is facing many problems. Market need to optimize the platform, standardize the system, enhance the core competitiveness of enterprises, and improve the current situation of the industry. These reasons have to lead a reduction in the number of shared bicycles. As one of the components of bicycles, the seat decreases with the decline of bicycle sales. In addition, in the production process of the seat, the fluctuation of raw material prices also affects the production cost of the seat, thus affecting the sales of the seat.
The Global trade war has led to the increase of import and export tariffs among countries, the lack of core competitiveness of bicycle industry in developing countries, the low grade of bicycle products, the lack of voice power in pricing of export products, the sale of bicycle products to all parts of the world at very low prices, and the overall profit of the industry has been reduced to the minimum; furthermore, most of the export products are manufactured by licensing production from abroad, so that the local products can be The international influence is getting weaker.

Region Overview:

North America is projected to account for a considerable share of the Bicycle Saddles and Seats market and is expected to become the largest region by 2028.

Company Overview:

Giant Manufacturing Co. Ltd. is one of the major players operating in the Bicycle Saddles and Seats market, holding a share of 7.33% in 2023.

Giant Manufacturing Co. Ltd.

Giant Manufacturing Co., Ltd. manufactures and sells bicycles and components worldwide. It offers on-road, x-road, off-road, youth, rider gear, bike gear, and service gear bicycles, as well as components. The company markets its products through approximately 12,000 retail stores. Giant Manufacturing Co., Ltd. was founded in 1972 and is based in Taichung City, Taiwan.

Shimano, Inc.

Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company also plans and develops lifestyle gear products, such as apparel items, shoes, bags, and related items.

Segmentation Overview:

By type, Plastic segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Hybrid Bike segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Bicycle Saddles and Seats market covered in Chapter 3:

Shenzhen Xidesheng Bicycle Co., Ltd.
Specialized Bicycle Components, Inc.
Zhonglu Co., Ltd.
Shimano, Inc.
Trek Bicycle Corporation
ISM Seat
SCOTT Sports SA.
Selle Italia
Giant Manufacturing Co. Ltd.
Selle Royal
WTB
Merida Industry Co. Ltd.
Shanghai Phoenix Bicycle Co., Ltd.
Selle San Marco

In Chapter 4 and Chapter 14.2, on the basis of types, the Bicycle Saddles and Seats market from 2018 to 2029 is primarily split into:

Plastic
Leather
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bicycle Saddles and Seats market from 2018 to 2029 covers:

Hybrid Bike
Mountain Bike
Road Bike
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)