Press release
Bicycle Market Expected to Reach $28,667.3 Million by 2027 | Accell Group, Cervélo, Dorel Industries Inc
"increase in interest among people in bicycle events and surge in participation in sports & leisure activities are expected to boost growth of the bicycle sportswear market. Furthermore, upsurge in disposable income is expected to favor increase in sales of non-cargo electric bikes."
According to a new report published by Allied Market Research, titled, "Bicycle Market by Type, Sales Channel, and End User: Opportunity Analysis and Industry Forecast, 2021-2027," The global bicycle market size was valued at $20,280.0 million in 2019. Furthermore, the bicycle market growth is projected to reach $28,667.3 million by 2027, registering a CAGR of 4.8% from 2021 to 2027. The non-cargo electric bike segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the forecast period.
Access Sample Report - https://www.alliedmarketresearch.com/request-sample/8140
List of leading players: There are various players operating in the market. The report provides a competitive analysis of major players along with their market share and contribution to the studied market. Some key players of the global Bicycle Market are :-
ACCELL GROUP
CERVÉLO
DOREL INDUSTRIES INC.
GIANT Bicycles
.MERIDA INDUSTRY CO., LTD.
OLYMPUS BIKES
SCOTT SPORTS SA
SPECIALIZED BICYCLE COMPONENTS, INC.
TREK BICYCLE CORPORATION
KONA BICYCLE COMPANY
Lock in Year-End Special Pricing !!! UPTO 25% Discount !!! Check Discount Now @ https://www.alliedmarketresearch.com/purchase-enquiry/651
The Table of Content for Cosmetics market research study includes:
Introduction
Key Takeaways
Research Methodology
Cosmetics market Landscape
Cosmetics market - Key Market Dynamics
Cosmetics market - Global Market Analysis
Cosmetics market - Revenue And Forecasts to 2027 - Type
Cosmetics market - Revenue And Forecasts to 2027 - Type of Product
Cosmetics market - Revenue And Forecasts to 2027 - Service
Cosmetics market Revenue And Forecasts to 2027 - Geographical Analysis
Impact of Covid-19 Pandemic on Global Cosmetics market
Industry Landscape
Cosmetics market, Key Company Profiles
Appendix
List of Tables
List of Figures
Allied Market Research has segmented the Bicycle Market report on the basis of Sales , End User ,Type
By sales channel, the physical stores segment dominated the market in 2019, accounting for $17,628.1 million, and is estimated to reach $20,164.4 million by 2027, at a CAGR of 1.7%. This is attributed to the fact that customers can easily procure required products from physical stores. In addition, customers are given personal attention by the sales staff at these stores. Furthermore, the queries and issues are resolved immediately in physical stores.
Depending on end user, the men segment exhibited the highest growth in 2019, generating revenue of $8,990.5 million, and is estimated to reach $12,301.8 million by 2027, registering a CAGR of 4.0%. This is attributed to increase in interest of sports and leisure activities among men. Furthermore, in bicycle events, men athletes have witnessed higher fan following in comparison to women and kids.
On the basis of type, the non-cargo electric bicycle market segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the bicycle market forecast period. This is attributed to technological advancements in bicycles such as integration of durable batteries and designing bicycles with light fiber body materials.
Get detailed COVID-19 impact analysis on the Cosmetics Market :- https://www.alliedmarketresearch.com/request-for-customization/8140?reqfor=covid
FREQUENTLY ASKED QUESTIONS?
Q1. What will be the bicycle market Size From 2021 to 2027?
Q2. What is the CAGR of bicycle market?
Q3. Which is the base year calculated in the bicycle market report?
Q4. Which are the top companies in the bicycle market?
Q5. What are the segments of bicycle market?
Q6. How the major currents trends will be shape the market in the future?
Q7. Which region holds the maximum market share of the bicycle market?
Q8. What is the bicycle market effecting factor?
Q9. How will the COVID-19 pandemic impact the bicycle market in 2020?
Similar Report :-
Sports Protective Equipment Market https://www.alliedmarketresearch.com/sports-protective-equipment-market
Asia-Pacific Fitness Equipment Market https://www.alliedmarketresearch.com/asia-pacific-fitness-equipment-market
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bicycle Market Expected to Reach $28,667.3 Million by 2027 | Accell Group, Cervélo, Dorel Industries Inc here
News-ID: 2579968 • Views: …
More Releases from Allied market research
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion …
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
More Releases for Cosmetics
Halal Cosmetics Market Progressive Impacts On The Universal Economy| Amara cosme …
The latest study released on the global 'Halal Cosmetics' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Halal Cosmetics' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Get free access…
Mineral Cosmetics Market, By Product (Face Cosmetics, Lips Cosmetics, Eye Cosme …
The mineral cosmetics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.15% in the above-mentioned forecast period.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-mineral-cosmetics-market
The cosmetics that are basically formulated with compressed minerals are referred as mineral cosmetics. The do not contain oil or wax additives. They are beneficial for the skin and health. The different type of mineral…
Halal Cosmetics Market Giants Spending is going to Boom | Amara cosmetics, Pure …
Advance Market Analytics published a new research publication on "Halal Cosmetics Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Halal Cosmetics market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Halal Cosmetics Market Surprising Growth| Wardah Cosmetics, MARTHA TILAAR, Amara …
Data Bridge Market Research has recently added a concise research on the Global Halal Cosmetics Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value,…
Women Cosmetics Market Future Scope, Opportunities with Strategic Growth and Top …
Overview of Documentary Film and TV Show Market
The research report titled ‘Documentary Film and TV Show Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
This report presents a comprehensive overview, market shares and growth opportunities of Documentary Film and TV Show Market by product type, application, key companies and key regions. The report delivers a…
Women Cosmetics Market to Witness an Outstanding Growth during 2019-2023 | Women …
Overview of Women Cosmetics Market
The research report titled ‘Women Cosmetics Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
This report covers various information about the key players, including price, revenue, gross profit, interview record, business distribution etc. these data help the consumer know about the competitors better. This report also covers all the regions and…
