NEW YORK, July 27, 2021 /PRNewswire/ -- The bicycle market is set to grow by USD 20.70 billion, progressing at a CAGR of almost 7% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This bicycle market report encapsulates not only the leisure products industry value chain analysis but also features overall validation techniques employed for deriving the most accurate data insights.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. are some of the major market participants. Although the health, environmental, and economic benefits of cycling will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Bicycle Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the bicycle market in the leisure products industry include Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
Bicycle Market size
Bicycle Market trends
Bicycle Market industry analysis
The increasing number of bicycle sports events is likely to emerge as one of the primary drivers of the market. However, increase in the number of product recalls may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research report on the bicycle market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Consumer Discretionary Include: Global Bicycle Tire Market - Global bicycle tire market is segmented by application (manual bicycles and e-bikes) and geography (APAC, Europe, North America, South America, and MEA). Download Exclusive Free Sample Report
Global Bicycle Suspension System Market - Global bicycle suspension system market is segmented by type (hardtail suspension and full suspension) and geography (North America, Europe, APAC, South America, and MEA). Download Exclusive Free Sample Report
Bicycle Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist bicycle market growth during the next five years
Estimation of the bicycle market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the bicycle market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of bicycle market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
On-road and track bicycles - Market size and forecast 2020-2025
Off-road bicycles - Market size and forecast 2020-2025
X-road and hybrid bicycles - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by End-user
Comparison by End-user
Adults - Market size and forecast 2020-2025
Children - Market size and forecast 2020-2025
Market opportunity by End-user
Market Segmentation by Distribution channel
Comparison by Distribution channel
Offline - Market size and forecast 2020-2025
Online - Market size and forecast 2020-2025
Market opportunity by Distribution channel
Market Segmentation by Propulsion
Comparison by Propulsion
Manual bicycles - Market size and forecast 2020-2025
Motor-assisted bicycles - Market size and forecast 2020-2025
Market opportunity by Propulsion
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Accell Group NV
Atlas Cycles (Haryana) Ltd.
Derby Cycle Holding GmbH
Dorel Industries Inc.
Giant Manufacturing Co. Ltd.
GUANGDONG TANDEM INDUSTRIES Co. Ltd.
Insera Sena. PT.
Merida Industry Co. Ltd.
Tandem Group Plc
Trek Bicycle Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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