Market Overview:
The global bike tires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bicycles across the globe, owing to their advantages such as low cost, environment-friendly and easy storage. In addition, rising awareness about the health benefits of cycling is also propelling the demand for bicycles and subsequently bike tires. The global bike tires market can be segmented on the basis of type into clinchers, tubulars and tubeless. Clincher tyres are most popular among cyclists due to their easy installation and removal process. Tubular tyres are mainly used in racing bikes as they provide better traction and rolling resistance as compared to other types of tyres.
Product Definition:
Bike tires are the rubber and fabric tubes that fit over the wheel rims of a bicycle and provide traction, control and a cushioning effect. They come in many different sizes, types and tread patterns to suit the needs of individual riders. Bike tires are important for providing safety, comfort and performance when cycling.
Clinchers:
Clinchers are used in the manufacturing of tires that are primarily intended for off-road racing and sports activities. Clincher tires have a smooth, round profile with no visible valve and hence they do not require periodic replacement as compared to conventional bicycle tires.
Tubulars:
Tubulars are used in Bike Tires to provide puncture and abrasion resistance. They also help in maintaining the shape of the tire even at low temperatures. The last function is very important as it helps avoid flat tires which can be dangerous for both biker and bike. Tubulars are made from different types of materials including steel, nylon, aramid fibers among others according to their applications including mountain bikes, road bikes or cruises etc.
Application Insights:
The normal using bike segment dominated the global market in 2017. This is attributed to growing urbanization and rising disposable income among the middle-class population, especially in developing countries such as India and China. Moreover, increasing spending on recreational activities such as biking has fueled the demand for better tires with enhanced grip.
Rising popularity of road cycling owing to various benefits including cardiovascular fitness improvement, weight loss program promotion and stress release through cycling is expected to fuel product demand over the forecast period. In addition, favorable government regulations promoting road bicycling are further anticipated to boost industry growth over the coming years. For instance, Cycling UK promotes bicycle safety by encouraging more people onto bikes along with improving bike lanes across cities which will eventually increase product penetration globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing product penetration, rising popularity of mountain biking as a sport, and expansion of urban cycling infrastructure across countries such as China and Japan. Moreover, growing awareness regarding road safety is one of the major factors driving demand for bike tires in this region.
North America accounted for a significant share in terms of revenue owing to high consumer disposable income levels coupled with high spending on leisure goods across U.S., Canada, and Mexico. Furthermore, presence of key manufacturers including Mavic Yeh (Shanghai) Ltd., Bridgestone Cycle Inc., Firestone Tire & Rubber Company LLC; has also contributed toward regional growth significantly over the past few years.
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 to promote cycling as an eco-friendly alternative to motorized transport
- Technological advancements that have led to the development of more durable and efficient bike tires
- Growing number of online retailers offering discounts on bike tires
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Tires Market Research Report
By Type
Clinchers, Tubulars, Tubeless
By Application
Normal Using Bike, Off-Road Bike, Racing Bike, Others
By Companies
Michelin, Continental Ag, Vittoria Group, Kenda Tires, Maxxis International-Usa s), Schwalbe Tires North America, Inc, Suomen Rengastehdas Oy, Ralson Tyres, Zhongce Rubber Group Company Limited, Hwa Fong Rubber Ind. Co., Ltd, Michelin, Inoue Rubber Co., Vredestein, Zipp, Challenge, Bontrager
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Bike Tires Market Report Segments:
The global Bike Tires market is segmented on the basis of:
Types
Clinchers, Tubulars, Tubeless
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
Normal Using Bike, Off-Road Bike, Racing 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
- Continental Ag
- Vittoria Group
- Kenda Tires
- Maxxis International-Usa s)
- Schwalbe Tires North America, Inc
- Suomen Rengastehdas Oy
- Ralson Tyres
- Zhongce Rubber Group Company Limited
- Hwa Fong Rubber Ind. Co., Ltd
- Michelin
- Inoue Rubber Co.
- Vredestein
- Zipp
- Challenge
- Bontrager
Highlights of The Bike Tires 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:
- Clinchers
- Tubulars
- Tubeless
- By Application:
- Normal Using Bike
- Off-Road Bike
- Racing 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 Bike Tires 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
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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?
Bike tires are the rubber or plastic coverings that come on a bike to make it ride smoothly.
Some of the key players operating in the bike tires market are Michelin, Continental Ag, Vittoria Group, Kenda Tires, Maxxis International-Usa s), Schwalbe Tires North America, Inc, Suomen Rengastehdas Oy, Ralson Tyres, Zhongce Rubber Group Company Limited, Hwa Fong Rubber Ind. Co., Ltd, Michelin, Inoue Rubber Co., Vredestein, Zipp, Challenge, Bontrager.
The bike tires market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bike Tires Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bike Tires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bike Tires Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bike Tires Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bike Tires Market Size & Forecast, 2020-2028
4.5.1 Bike Tires Market Size and Y-o-Y Growth
4.5.2 Bike Tires Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Clinchers
5.2.2 Tubulars
5.2.3 Tubeless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Normal Using Bike
6.2.2 Off-Road Bike
6.2.3 Racing Bike
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bike Tires Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bike Tires Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Clinchers
9.6.2 Tubulars
9.6.3 Tubeless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Normal Using Bike
9.10.2 Off-Road Bike
9.10.3 Racing Bike
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Clinchers
10.6.2 Tubulars
10.6.3 Tubeless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Normal Using Bike
10.10.2 Off-Road Bike
10.10.3 Racing Bike
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Clinchers
11.6.2 Tubulars
11.6.3 Tubeless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Normal Using Bike
11.10.2 Off-Road Bike
11.10.3 Racing Bike
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Clinchers
12.6.2 Tubulars
12.6.3 Tubeless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Normal Using Bike
12.10.2 Off-Road Bike
12.10.3 Racing Bike
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Clinchers
13.6.2 Tubulars
13.6.3 Tubeless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Normal Using Bike
13.10.2 Off-Road Bike
13.10.3 Racing Bike
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bike Tires Market: Competitive Dashboard
14.2 Global Bike Tires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Michelin
14.3.2 Continental Ag
14.3.3 Vittoria Group
14.3.4 Kenda Tires
14.3.5 Maxxis International-Usa s)
14.3.6 Schwalbe Tires North America, Inc
14.3.7 Suomen Rengastehdas Oy
14.3.8 Ralson Tyres
14.3.9 Zhongce Rubber Group Company Limited
14.3.10 Hwa Fong Rubber Ind. Co., Ltd
14.3.11 Michelin
14.3.12 Inoue Rubber Co.
14.3.13 Vredestein
14.3.14 Zipp
14.3.15 Challenge
14.3.16 Bontrager
