Global Bicycle Tire Markets Through 2019-2023 - Cheng Shin Rubber Ind, Continental, Kenda Rubber Ind, Michelin, and The Goodyear Tire & Rubber are Dominating - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 3, 2019--The “Global Bicycle Tires Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The bicycle tires market will register a CAGR of over 3% by 2023.
The growing popularity of premium bicycles around the world is attributable to the increasing acceptance of premium bicycle that provide better riding and safety features. These bicycles are built using advanced technologies and modern designs by incorporating high-end materials to offer comfort and durability.
The major reason for the growth of premium bicycle is increasing average disposable income and increasing dual household income. The increasing demand for premium bicycles is increasing the demand for the high-quality components and uniqueness in the bicycle tire. Such factors increase the revenue of the bicycle tire manufactures. Therefore, the growing demand for premium bicycles is expected to drive the demand for the market.
The national governments of several nations have been promoting bicycle as an alternate means of transportation by providing incentives. The governments of several countries are also encouraging bicycle rental systems to contribute to the increase in the use of bicycles for commuting. Therefore, such initiatives to promote the use of bicycles is expected to accelerate the demand for bicycles which will result in an increase in demand in the market.
Key PlayersCheng Shin Rubber Ind Continental Kenda Rubber Ind Michelin The Goodyear Tire & Rubber
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONMarket segmentation by application Comparison by application Manual bicycles - Market size and forecast 2018-2023 E-bikes - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSEmergence of eco-friendly bicycle tires Development of hand-made premium bicycle tires Increasing popularity of non-pneumatic bicycle tire
PART 11: VENDOR LANDSCAPEOverview Landscape disruption
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors CHENG SHIN RUBBER IND Continental Kenda Rubber Ind MICHELIN The Goodyear Tire & Rubber
For more information about this report visit https://www.researchandmarkets.com/research/pkfwjw/global_bicycle?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190103005313/en/
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Related Topics:Bikes and Cycling Equipment
INDUSTRY KEYWORD: SPORTS BIKING/CYCLING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/03/2019 06:31 AM/DISC: 01/03/2019 06:31 AM