Bicycle Tire Market to reach USD 11.31 Bn by 2029, emerging at a CAGR of 6.3 percent and forecast 2023-2029

Bicycle Tire Market Report Scope
This report comprehensively analyzes the Bicycle Tire market, covering market dynamics, segmentation by product and application, and regional insights. It also delves into the research methodology used for this report, providing a clear understanding of its data sources and analysis techniques.

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Bicycle Tire Market Research Methodology
The research methodology employed in this report ensures the accuracy and reliability of the findings. To understand market trends and dynamics, extensive primary and secondary research was conducted. Data was gathered from various industry sources, and rigorous analysis techniques were applied to provide a comprehensive view of the Bicycle Tire market.

What are Bicycle Tire Market Dynamics:

The primary factors propelling the growth of the bicycle tyre market are increased public awareness of the health benefits of cycling, including improved mental health, immune system bolstering, weight loss, increased lung health, and a reduction in heart disease. The market for bicycle tyres is expected to rise as a result of factors such as rising fuel prices and traffic congestion, rising demand for eco-friendly automobiles, and increased demand for replacement tyres. In order to make e-bikes, "Navyug Namdhari Enterprises (NNE)" plans to invest US$ 13.5 million in Europe. Additionally, renowned bicycle manufacturer RTE expects to construct new factories in Poland and Portugal in 2022. The bicycle tyre market could grow during the anticipated term as a result of these recent innovations.

Bicycle Tire Market Regional Insights:

Dominates the Bicycle Tire market due to people's reluctance to use public transport, high income levels, and growing interest in cycling activities such as trekking, racing, BMX, cross country cycling, and artistic cycling. Recent initiatives in the USA, like the "Build Back Better bill" promoting the purchase of E-bicycles, are expected to further boost the market in this region. Is the second-largest market for bicycle tires, driven by its large population and governmental initiatives to encourage the use of E-vehicles and renewable energy sources. Growing awareness of the health benefits of cycling also contributes to market growth.

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What is Bicycle Tire Market Segmentation:

by Product
• Tubed
• Tubeless
• Airless

Tubed, tubeless and airless bicycle tyres make up the three product segments that make up the worldwide bicycle tyre market. With a share of 52% in 2023, the tubeless market category owned the majority of the market. These tyres lack an air-holding tube, as suggested by their name. The air lock while the tyre is pressurised was made possible by improved design in tubeless rim and tyre beads. Due to their ability to self-repair, improved traction, riding quality, better momentum, and faster running speed, tubeless tyres are highly sought after in the market. The tubeless tyre market is anticipated to expand at a CAGR of 4.3% over the course of the projected period as a result.

by Application
• On-road
• All terrain

The on-road and all-terrain segments of the global bicycle tyre market are based on the application segment. The market for on-road vehicles, which was valued at US$ 3.3 billion in 2022, is the largest in the world. The expansion of the on-road bicycle market is attributed to reasons such as rising demand for well-designed bicycles, the manufacture of e-bikes, high durability, workability, and improved readability. Off-road tyres are less popular due to their worse puncture resistance, high upgrade costs, reduced rolling resistance, and susceptibility to damage from uneven surfaces.

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Who are the Bicycle Tire Market Key Players:

• Vittoria
• Continental AG
• Apollo
• Vredestein
• Maxis
• Challenge Tires
• Hutchinson SA
• Freedom Bicycle
• Michelin
• Kenda Tires
• Schwalbe
• Suomi Tyres
• Panaracer Corporation
• Fyxation Bicycle Co.
• Cheng Shin Rubber
• Bridgestone
• Trek Bicycle Corporation

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The table of contents for the Bicycle Tire Market includes:

1. Global Bicycle Tire Market: Research Methodology
2.
Global Bicycle Tire Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

1. Global Bicycle Tire Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by Region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size, and Forecast by Different Segments | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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