U.S. markets closed
  • S&P 500

    4,544.90
    -4.88 (-0.11%)
     
  • Dow 30

    35,677.02
    +73.94 (+0.21%)
     
  • Nasdaq

    15,090.20
    -125.50 (-0.82%)
     
  • Russell 2000

    2,291.27
    -4.92 (-0.21%)
     
  • Crude Oil

    84.07
    +1.57 (+1.90%)
     
  • Gold

    1,794.70
    +12.80 (+0.72%)
     
  • Silver

    24.40
    +0.23 (+0.93%)
     
  • EUR/USD

    1.1644
    +0.0014 (+0.12%)
     
  • 10-Yr Bond

    1.6550
    -0.0210 (-1.25%)
     
  • GBP/USD

    1.3758
    -0.0037 (-0.27%)
     
  • USD/JPY

    113.4790
    -0.5090 (-0.45%)
     
  • BTC-USD

    61,064.79
    -1,629.70 (-2.60%)
     
  • CMC Crypto 200

    1,457.02
    -46.02 (-3.06%)
     
  • FTSE 100

    7,204.55
    +14.25 (+0.20%)
     
  • Nikkei 225

    28,804.85
    +96.27 (+0.34%)
     

Bicycle Market to grow by $ 20.7 Bn in Leisure Products Industry during 2021-2025 | Technavio

·6 min read

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.

Technavio has announced its latest market research report titled Bicycle Market by Distribution Channel, Product, End-user, Propulsion, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Bicycle Market by Distribution Channel, Product, End-user, Propulsion, and Geography - Forecast and Analysis 2021-2025

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.

Download Free Sample Report Now to leverage the most relevant business 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: Segmentation

Bicycle Market is segmented as below:

  • Product

  • End-user

  • Distribution Channel

  • Geographic

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40813

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.

Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform

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:

Executive Summary

Market Landscape

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

Market Sizing

  • Market definition

  • 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 condition

Market Segmentation by Product

  • Market segments

  • 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

  • Market segments

  • 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

  • Market segments

  • 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

  • Market segments

  • Comparison by Propulsion

  • Manual bicycles - Market size and forecast 2020-2025

  • Motor-assisted bicycles - Market size and forecast 2020-2025

  • Market opportunity by Propulsion

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • 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 drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Competitive scenario

  • Vendor landscape

  • Landscape disruption

  • Industry risks

Vendor Analysis

  • Vendors covered

  • 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.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/bicycle-market-industry-analysis
Newsroom: newsroom.technavio.com/news/bicycle-market

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/bicycle-market-to-grow-by--20-7-bn-in-leisure-products-industry-during-2021-2025--technavio-301341068.html

SOURCE Technavio