Market Overview:
The global bike tube and tire 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 health benefits. In addition, rising disposable income and changing lifestyle preferences are also propelling the demand for bicycles, which in turn is fueling the growth of the bike tube and tire market. On basis of type, bike tubes accounted for a larger share of the global bike tube and tire market in 2017. This can be attributed to their widespread use in all types of bicycles – city bikes, road bikes mountain bikes etc. Bike tires are mainly used in high-end road or mountain bikes that offer better performance on different terrains when compared with other types of bicycles.
Product Definition:
Bike tube is a rubber or plastic container that holds air pressure and is inserted into the tire. Bike tires are inflated to a high pressure in order to provide a smooth ride.
Bike Tube:
Bike tubes are cylindrical, hollow pieces of plastic or metal that fit into tires. They hold the tire and its constituent parts together and provide a means for mounting on a bicycle. The most common types of bike tubes are road bike, mountain bike, folding bikes, kids' bikes and electric bikes.
Bike Tire:
Bike tire is a type of rubber tire used for the transportation of bicycles and their parts. It can be used as an inner tube in a bicycle wheel or mounted on tires with no tubes. The modern bike tires are made up of vulcanized rubber, but rawhide, corduroy and leather were also known to be used in the past.
Application Insights:
The city bike application segment accounted for the largest share of over 40.0% in 2017. The growth is attributed to increasing urbanization and rising disposable income among the middle-class population, especially in developing countries like India and China. Moreover, increasing number of fitness enthusiasts has also driven demand for city bikes with premium features such as comfortable seats and wide tires that provide better stability while riding on roads with lesser space.
Road bike is expected to be the fastest growing application segment from 2018 to 2030 owing to rising popularity among male adults across the globe due to its ability to offer a smooth ride even at high speeds along with enhanced control over corners and dips in road surface due to wider tires fitted on it. Rising use of carbon fiber reinforced polymer (CFRP) materials by major players for manufacturing road bikes that deliver excellent performance despite their lightweight is also expected drive growth further during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next eight years. This can be attributed to increasing product demand as a result of growing popularity of cycling as a leisure activity. China, Japan, and India are some of the countries that contribute significantly to regional growth owing to presence of numerous manufacturers coupled with low manufacturing cost in these countries.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for bicycles as a mode of transportation due to their low cost, environment-friendly nature, and health benefits.
- Rising income levels of consumers in developing countries, who are increasingly able to afford luxury items such as bicycles.
- Growing popularity of cycling as a recreational activity among people from all age groups.
- Proliferation of online stores that sell bicycle tubes and tires at discounted prices, which is encouraging more people to buy these products online instead of from physical stores.
- Technological advancements in the manufacturing process of bike tubes and tires that are making them lighter and stronger while reducing their overall cost
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Tube & Tire Market Research Report
By Type
Bike Tube, Bike Tire
By Application
City Bike, Road Bike, Mountain Bike, Other
By Companies
CHENG SHIN, Hangzhou Zhongce, SCHWALBE, Michelin, Kenda, Continental, Hwa Fong, 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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Bike Tube & Tire Market Report Segments:
The global Bike Tube & Tire market is segmented on the basis of:
Types
Bike Tube, Bike Tire
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
City Bike, Road Bike, Mountain Bike, Other
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:
- CHENG SHIN
- Hangzhou Zhongce
- SCHWALBE
- Michelin
- Kenda
- Continental
- Hwa Fong
- Vittoria
Highlights of The Bike Tube & 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:
- Bike Tube
- Bike Tire
- By Application:
- City Bike
- Road Bike
- Mountain Bike
- Other
- 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 Tube & 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?
Bike Tube & Tire is a company that manufactures bicycle tubes and tires.
Some of the key players operating in the bike tube & tire market are CHENG SHIN, Hangzhou Zhongce, SCHWALBE, Michelin, Kenda, Continental, Hwa Fong, Vittoria.
The bike tube & tire 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 Tube & Tire 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 Tube & Tire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bike Tube & Tire 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 Tube & Tire 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 Tube & Tire Market Size & Forecast, 2018-2028
4.5.1 Bike Tube & Tire Market Size and Y-o-Y Growth
4.5.2 Bike Tube & Tire Market Absolute $ Opportunity
Chapter 5 Global Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Type
5.2.1 Bike Tube
5.2.2 Bike Tire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Applications
6.2.1 City Bike
6.2.2 Road Bike
6.2.3 Mountain Bike
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bike Tube & Tire 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 Tube & Tire 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 Bike Tube & Tire Analysis and Forecast
9.1 Introduction
9.2 North America Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Type
9.6.1 Bike Tube
9.6.2 Bike Tire
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 Bike Tube & Tire Market Size Forecast by Applications
9.10.1 City Bike
9.10.2 Road Bike
9.10.3 Mountain Bike
9.10.4 Other
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 Bike Tube & Tire Analysis and Forecast
10.1 Introduction
10.2 Europe Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Type
10.6.1 Bike Tube
10.6.2 Bike Tire
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 Bike Tube & Tire Market Size Forecast by Applications
10.10.1 City Bike
10.10.2 Road Bike
10.10.3 Mountain Bike
10.10.4 Other
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 Bike Tube & Tire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Type
11.6.1 Bike Tube
11.6.2 Bike Tire
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 Bike Tube & Tire Market Size Forecast by Applications
11.10.1 City Bike
11.10.2 Road Bike
11.10.3 Mountain Bike
11.10.4 Other
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 Bike Tube & Tire Analysis and Forecast
12.1 Introduction
12.2 Latin America Bike Tube & Tire 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 Bike Tube & Tire Market Size Forecast by Type
12.6.1 Bike Tube
12.6.2 Bike Tire
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 Bike Tube & Tire Market Size Forecast by Applications
12.10.1 City Bike
12.10.2 Road Bike
12.10.3 Mountain Bike
12.10.4 Other
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) Bike Tube & Tire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bike Tube & Tire 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) Bike Tube & Tire Market Size Forecast by Type
13.6.1 Bike Tube
13.6.2 Bike Tire
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) Bike Tube & Tire Market Size Forecast by Applications
13.10.1 City Bike
13.10.2 Road Bike
13.10.3 Mountain Bike
13.10.4 Other
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 Tube & Tire Market: Competitive Dashboard
14.2 Global Bike Tube & Tire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHENG SHIN
14.3.2 Hangzhou Zhongce
14.3.3 SCHWALBE
14.3.4 Michelin
14.3.5 Kenda
14.3.6 Continental
14.3.7 Hwa Fong
14.3.8 Vittoria
