Market Overview:
The global bicycle tubeless tire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high elasticity and wear-resisting tires across different regions. Additionally, the growing popularity of mountain biking and other cycling activities is also propelling the growth of this market. On the basis of type, high elasticity tires are expected to account for a major share in terms of revenue in 2018. This can be attributed to their superior properties such as better shock absorption and enhanced grip on various surfaces.
Product Definition:
A bicycle tubeless tire is a type of tire that does not require an inner tube. The importance of bicycle tubeless tires is that they are less likely to get a flat because there is no inner tube for air to escape.
High Elasticity Tire:
High elasticity tire (HET) is a type of rubber tire, which has high tensile strength and resilience. These tires are designed to provide better traction in adverse weather conditions. HETs were initially developed for use in aircraft but are now used for bicycles as well owing to their excellent grip and stability over varied surfaces. The bicycle tubeless tires market is expected to grow at a rapid pace owing to the increasing popularity of mountain biking as well as road biking activities across the globe.
Wear-resisting Tire:
Wear-resistant tires are designed to sustain the rolling resistance and provide grip even at the wear-and-tear prone areas such as shoulders, tread blocks or knobs, and flats. The design of these tires varies according to its use in bicycles or motorcycles.
Application Insights:
Mountain bike was the largest application segment in 2017 and accounted for a market share of more than 70% in terms of revenue. The growth can be attributed to increasing popularity of off-road cycling activities. Moreover, introduction of advanced mountain bikes with tubeless tires is further expected to drive the market over the forecast period.
The ordinary bike segment is also expected to witness significant growth over the forecast period owing to rising consumer awareness regarding fitness and health issues coupled with an increase in spending capacity among consumers across various regions including Asia Pacific and Middle East & Africa countries such as Saudi Arabia, UAE, Oman etc. Increasing number of bicycle manufacturers are focusing on manufacturing high quality products that comply with international standards thus driving product demand globally. For instance; Bajaj Auto Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as China State Tire Corporation, Jitai tire & Rubber Co., Ltd., and Sumitomo Rubber Industries, Ltd. has contributed to this growth. In addition, increasing popularity of mountain biking as a sport in countries including China, India, Thailand and Australia is anticipated to fuel product demand in Asia Pacific region over the forecast period.
Europe was estimated at USD X billion in 2017 owing to high demand for tubeless tires from consumers/end users such as road cyclists (cyclists), BMX riders/racers (also known as dirt jumpers), adventure riders (adventure racing) along with off-road cyclists including mountain bikers and cyclo-cross racers from major countries including Germany, France Italy Belgium Russia Spain Netherlands Ural Ukraine Greece Turkey among others are European Union member states).
Growth Factors:
- Increasing demand for bicycles from the fitness-conscious population
- Rising popularity of cycling as a mode of transportation in congested urban areas
- Government initiatives and subsidies to promote cycling as an eco-friendly alternative to motorized transport
- Technological advancements that have made tubeless tires more durable and easier to install/repair
- Growing number of online retailers offering discounts on bicycle tubeless tires
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle Tubeless Tire Market Research Report
By Type
High Elasticity Tire, Wear-resisting Tire, Others
By Application
Mountain Bike, Ordinary Bike, Others
By Companies
Michelin, Trek Bicycle Corporation, Continental, Hutchinson, Kenda, Mavic, Maxxis, Ritchey, Schwalbe, Specialized, Vittoria
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Tubeless Tire Market Report Segments:
The global Bicycle Tubeless Tire market is segmented on the basis of:
Types
High Elasticity Tire, Wear-resisting Tire, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mountain Bike, Ordinary Bike, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Michelin
- Trek Bicycle Corporation
- Continental
- Hutchinson
- Kenda
- Mavic
- Maxxis
- Ritchey
- Schwalbe
- Specialized
- Vittoria
Highlights of The Bicycle Tubeless Tire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Elasticity Tire
- Wear-resisting Tire
- Others
- By Application:
- Mountain Bike
- Ordinary Bike
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bicycle Tubeless Tire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bicycle tubeless tire is a type of tire that uses air pressure to inflate and deflate. This type of tire is popular because it does not require any tools or tubes to be installed.
Some of the key players operating in the bicycle tubeless tire market are Michelin, Trek Bicycle Corporation, Continental, Hutchinson, Kenda, Mavic, Maxxis, Ritchey, Schwalbe, Specialized, Vittoria.
The bicycle tubeless tire market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bicycle Tubeless Tire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bicycle Tubeless Tire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bicycle Tubeless Tire Market - Supply Chain
4.5. Global Bicycle Tubeless Tire Market Forecast
4.5.1. Bicycle Tubeless Tire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bicycle Tubeless Tire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bicycle Tubeless Tire Market Absolute $ Opportunity
5. Global Bicycle Tubeless Tire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bicycle Tubeless Tire Market Size and Volume Forecast by Type
5.3.1. High Elasticity Tire
5.3.2. Wear-resisting Tire
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bicycle Tubeless Tire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bicycle Tubeless Tire Market Size and Volume Forecast by Application
6.3.1. Mountain Bike
6.3.2. Ordinary Bike
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bicycle Tubeless Tire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bicycle Tubeless Tire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bicycle Tubeless Tire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bicycle Tubeless Tire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bicycle Tubeless Tire Demand Share Forecast, 2019-2026
9. North America Bicycle Tubeless Tire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bicycle Tubeless Tire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bicycle Tubeless Tire Market Size and Volume Forecast by Application
9.4.1. Mountain Bike
9.4.2. Ordinary Bike
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bicycle Tubeless Tire Market Size and Volume Forecast by Type
9.7.1. High Elasticity Tire
9.7.2. Wear-resisting Tire
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bicycle Tubeless Tire Demand Share Forecast, 2019-2026
10. Latin America Bicycle Tubeless Tire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bicycle Tubeless Tire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bicycle Tubeless Tire Market Size and Volume Forecast by Application
10.4.1. Mountain Bike
10.4.2. Ordinary Bike
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bicycle Tubeless Tire Market Size and Volume Forecast by Type
10.7.1. High Elasticity Tire
10.7.2. Wear-resisting Tire
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bicycle Tubeless Tire Demand Share Forecast, 2019-2026
11. Europe Bicycle Tubeless Tire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bicycle Tubeless Tire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bicycle Tubeless Tire Market Size and Volume Forecast by Application
11.4.1. Mountain Bike
11.4.2. Ordinary Bike
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bicycle Tubeless Tire Market Size and Volume Forecast by Type
11.7.1. High Elasticity Tire
11.7.2. Wear-resisting Tire
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bicycle Tubeless Tire Demand Share, 2019-2026
12. Asia Pacific Bicycle Tubeless Tire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bicycle Tubeless Tire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bicycle Tubeless Tire Market Size and Volume Forecast by Application
12.4.1. Mountain Bike
12.4.2. Ordinary Bike
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bicycle Tubeless Tire Market Size and Volume Forecast by Type
12.7.1. High Elasticity Tire
12.7.2. Wear-resisting Tire
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bicycle Tubeless Tire Demand Share, 2019-2026
13. Middle East & Africa Bicycle Tubeless Tire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bicycle Tubeless Tire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bicycle Tubeless Tire Market Size and Volume Forecast by Application
13.4.1. Mountain Bike
13.4.2. Ordinary Bike
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bicycle Tubeless Tire Market Size and Volume Forecast by Type
13.7.1. High Elasticity Tire
13.7.2. Wear-resisting Tire
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bicycle Tubeless Tire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bicycle Tubeless Tire Market: Market Share Analysis
14.2. Bicycle Tubeless Tire Distributors and Customers
14.3. Bicycle Tubeless Tire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Michelin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trek Bicycle Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hutchinson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kenda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mavic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maxxis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ritchey
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Schwalbe
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Specialized
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vittoria
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
