Bicycle Accessories Market Sale to Close nearly US$11.2 billion between 2021 and 2031

Bicycle Accessories Market 2022

The global bicycle accessories market is estimated to grow at a healthy rate of close to 7% over the forecast period of 2021-2031. By 2031, global sales of bicycle accessories are expected to reach nearly US$11.2 billion.

This growth is being propelled by the increasing popularity of cycling as a means of transportation and recreation. Cycling is becoming increasingly popular in urban areas due to its convenience, affordability, and health benefits. Additionally, the growth of the e-bike market is driving demand for bicycle accessories such as batteries, motors, and chargers.

Request for Free Sample Copy of Electric Bicycle Accessories Market Report@https://www.persistencemarketresearch.com/samples/23362

As demand for bicycles surges across regions, especially e-bikes, mountain bikes, and road bikes, the need for bicycle accessories will be greater than before. There will be especially high demand for helmets, saddles, and fenders, and the customization trend will get even stronger over the coming years.

Key Companies- 

• Continental AG
• Accell Group N.V.
• Avon Cycles Ltd.
• Campagnolo S.R.L.
• Garmin Ltd. Shimano Inc.
• Giant Manufacturing Co., Ltd.
• Merida Industry Co Ltd
• Samchuly Bicycle Co., Ltd.
• Raj Cycles India Private Limited
• Endura Ltd
• Eastman Industries Limited
• DT Swiss AG

The bicycle accessories market is growing rapidly as more and more people are choosing to commute by bike. This has led to a rise in the demand for Bicycle Accessories such as helmets, lights, locks, and racks. The leading vendors in the Bicycle Accessories market are all vying for a piece of the pie.

One of the major trends in the Bicycle Accessories market is the increasing demand for electric bicycles. These bicycles have an electric motor that assists with pedaling, making it easier for riders to travel long distances. Another trend is the growing popularity of cycling as a means of transportation. Cities around the world are investing in bike lanes and other infrastructure to make it easier for people to commute by bike.

Complete Report Details@https://www.persistencemarketresearch.com/market-research/bicycle-accessories-market.asp

Bicycle Accessories Market by Product - Helmets, Gloves & Warmers, Jerseys/Tees, LED Lights, Mirrors, Bottle Cages, Pumps (Hand and Foot),  Bar Ends/Grips, Kickstands, Saddles & Covers, Mud Flaps, Speedometers, Horns, Fenders

Bicycle Accessories Market by Sales Channel - Offline ( Specialty Bicycle Retailers, Full-Line Sporting Goods Stores, Department Stores & Others), Online

Bicycle Accessories Market by Bicycle - Mountain Bikes, Hybrid/Cross, Road, Comfort, Youth, Cruisers, Electric & Others

Bicycle Accessories Market by Region - North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA)

The global bicycle accessories market is led by China. Sales in China are anticipated to strongly account for total demand throughout the forecast period.Helmets and LED lights are highly sought-after by bicycle users. Demand for helmets, fenders, and saddles is expected to remain high in

Key Takeaways from Global Bicycle Accessories Market Study

• Manufacturers are focusing on introducing lightweight bicycle accessories with better performance characteristics for all terrains. Such new technologies will set up growth of the market.
• Low-cost manufacturing in parts of South-East Asia and Africa, and new transport corridors, are expected to provide significant opportunities in the logistics sector, which will directly boost demand for bicycle accessories.
• European markets such as Germany, Denmark, and the Netherlands have appropriate cycling infrastructure, in addition to government laws and regulations that implement the provision of subsidies for the adoption of e-bikes.
• South Asia & Pacific is picking up in the market due to robust outlook for bicycle sales. Aggressive marketing by perspective distributors in key countries of South Asia & Pacific and MEA could further benefit players in these regions.

Get Full Access of this Report@https://www.persistencemarketresearch.com/checkout/23362

Key Questions Answered in This Report -

• Which is the largest regional market for Bicycle Accessories?
• What are the upcoming trends of Bicycle Accessories Market in the world?
• What are the key driving factors for the growth of the Bicycle Accessories Market?
• What are the top players operating in the Bicycle Accessories Market?
• What are the key regions in the global Bicycle Accessories market?
• Who are the key players/companies in the global Bicycle Accessories market?

Request you to Read More-

Smart Bicycle Accessories Market - https://www.persistencemarketresearch.com/market-research/smart-bicycle-accessories-market.asp

Two Wheeler Accessories Market - https://www.persistencemarketresearch.com/market-research/two-wheeler-accessories-market.asp

About us: -

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact Us:

Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084

This release was published on openPR.