Market Overview:
The global rim strip 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 bicycles, electric bicycles, motorcycles, and automobiles across the globe. Additionally, rising awareness about safety and security is also propelling the growth of this market. The global rim strip market can be segmented on the basis of type into cloth rim strips, nylon rim strips, and other types. The cloth rim strip segment is expected to hold a major share in terms of revenue in 2018 owing to its low cost as compared to other types of Rim Strips available in the market. However, with technological advancements being made in this field on a regular basis; nylon Rim Strips are anticipated to witness high growth rates during the forecast period from 2018-2030 In terms of applications;the global Rim Strip Market can be divided into bicycle applications,, electric bicycle applications,, motorcycle applications,, automobile applications,, and other Applications,.
Product Definition:
Rim Strip is a thin band of rubber or cloth that is wrapped around the edge of a tire to keep the tube from contacting the rim and causing a flat.
Cloth:
Cloth is a thin woven fabric, which is made from cellulose fibers. Cellulose fibers are the natural materials found in plants and animals. Cloth can be categorized as industrial cloth, agricultural cloth, household cloth and medical cloth among others. The most common types of household fabrics include cotton muslin and nylon sateen; while cotton drill and polyester broadcloth are commonly used for agricultural purposes.
Nylon:
Nylon is a polymer and it's also known as acrylic fiber. It has many industrial applications such as in the textile industry, packaging industry, carpets & rugs market and even in the automotive industry. The global nylon market size was estimated at USD 33 billion in 2014 and it is expected to witness significant growth over the forecast period owing to its increasing demand from end-use industries.
Application Insights:
The bicycle application segment accounted for the largest share of over 40.0% in 2017. The global demand for bicycles is rising significantly owing to its environmental and health benefits, as well as increasing recreational activities among the middle-class population. Increasing urbanization has also led to an increase in cycle sales, which is expected to boost product demand over the forecast period.
Bicycles are widely used for transportation within cities and across different cities due to its ability to be carried on trains, buses, trams and ships along with ease of maintenance and storage facilities available at a reasonable cost compared with other modes of transport such as automobiles or motorcycles. This factor is anticipated to fuel market growth during the forecast period 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 production of bicycles, electric bicycles, and motorcycles in countries such as China and India. Moreover, rising disposable income levels coupled with expanding population base are anticipated to fuel demand for these products over the next eight years.
North America accounted for a significant share of global revenue owing to high demand from countries such as U.S., Canada, Mexico which have a well-established bicycle industry coupled with growing popularity of e-bikes on account of increasing battery life along with cheaper pricing compared to other alternatives available in the market place. In addition, presence of key players manufacturing these products including American Bicycles; CMC Magnetics; Colossi USA Inc.; Competitive Cyclist; Earnesturtles LLC.; Fixie USA Inc.; Moustache Industries Ltd.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising disposable income of consumers in developing countries
- Proliferation of online retail channels
- Growing popularity of rim protection products and services
- Technological advancements in wheel protection products
Scope Of The Report
Report Attributes
Report Details
Report Title
Rim Strip Market Research Report
By Type
Cloth, Nylon, Other
By Application
Bicycle, Electric Bicycle, Motorcycle, Automobile, Other
By Companies
BikeMaster, Schwalbe Worldwide, Trek Bicycle, CST, EVEN, NoTubes, X-Sauce, WHEELBUILDER, Hayes
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Rim Strip Market Report Segments:
The global Rim Strip market is segmented on the basis of:
Types
Cloth, Nylon, Other
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
Bicycle, Electric Bicycle, Motorcycle, Automobile, 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:
- BikeMaster
- Schwalbe Worldwide
- Trek Bicycle
- CST
- EVEN
- NoTubes
- X-Sauce
- WHEELBUILDER
- Hayes
Highlights of The Rim Strip 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:
- Cloth
- Nylon
- Other
- By Application:
- Bicycle
- Electric Bicycle
- Motorcycle
- Automobile
- 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 Rim Strip 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?
Rim Strip is a decorative strip that runs around the edge of a bowl or vase.
Some of the major companies in the rim strip market are BikeMaster, Schwalbe Worldwide, Trek Bicycle, CST, EVEN, NoTubes, X-Sauce, WHEELBUILDER, Hayes.
The rim strip market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rim Strip 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 Rim Strip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rim Strip 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 Rim Strip 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 Rim Strip Market Size & Forecast, 2018-2028
4.5.1 Rim Strip Market Size and Y-o-Y Growth
4.5.2 Rim Strip Market Absolute $ Opportunity
Chapter 5 Global Rim Strip 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 Rim Strip Market Size Forecast by Type
5.2.1 Cloth
5.2.2 Nylon
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rim Strip 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 Rim Strip Market Size Forecast by Applications
6.2.1 Bicycle
6.2.2 Electric Bicycle
6.2.3 Motorcycle
6.2.4 Automobile
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rim Strip 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 Rim Strip 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 Rim Strip Analysis and Forecast
9.1 Introduction
9.2 North America Rim Strip 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 Rim Strip Market Size Forecast by Type
9.6.1 Cloth
9.6.2 Nylon
9.6.3 Other
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 Rim Strip Market Size Forecast by Applications
9.10.1 Bicycle
9.10.2 Electric Bicycle
9.10.3 Motorcycle
9.10.4 Automobile
9.10.5 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 Rim Strip Analysis and Forecast
10.1 Introduction
10.2 Europe Rim Strip 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 Rim Strip Market Size Forecast by Type
10.6.1 Cloth
10.6.2 Nylon
10.6.3 Other
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 Rim Strip Market Size Forecast by Applications
10.10.1 Bicycle
10.10.2 Electric Bicycle
10.10.3 Motorcycle
10.10.4 Automobile
10.10.5 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 Rim Strip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rim Strip 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 Rim Strip Market Size Forecast by Type
11.6.1 Cloth
11.6.2 Nylon
11.6.3 Other
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 Rim Strip Market Size Forecast by Applications
11.10.1 Bicycle
11.10.2 Electric Bicycle
11.10.3 Motorcycle
11.10.4 Automobile
11.10.5 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 Rim Strip Analysis and Forecast
12.1 Introduction
12.2 Latin America Rim Strip 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 Rim Strip Market Size Forecast by Type
12.6.1 Cloth
12.6.2 Nylon
12.6.3 Other
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 Rim Strip Market Size Forecast by Applications
12.10.1 Bicycle
12.10.2 Electric Bicycle
12.10.3 Motorcycle
12.10.4 Automobile
12.10.5 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) Rim Strip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rim Strip 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) Rim Strip Market Size Forecast by Type
13.6.1 Cloth
13.6.2 Nylon
13.6.3 Other
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) Rim Strip Market Size Forecast by Applications
13.10.1 Bicycle
13.10.2 Electric Bicycle
13.10.3 Motorcycle
13.10.4 Automobile
13.10.5 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 Rim Strip Market: Competitive Dashboard
14.2 Global Rim Strip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BikeMaster
14.3.2 Schwalbe Worldwide
14.3.3 Trek Bicycle
14.3.4 CST
14.3.5 EVEN
14.3.6 NoTubes
14.3.7 X-Sauce
14.3.8 WHEELBUILDER
14.3.9 Hayes
