A bicycle tire is a tire that fits on the wheel of a bicycle, unicycle, tricycle, quadracycle, bicycle trailer, or trailer bike. They may also be used on wheelchairs and hand cycles, especially for racing. Bicycle tires provide an important source of suspension, generate the lateral forces necessary for balancing and turning, and generate the longitudinal forces necessary for propulsion and braking. They are the second largest source, after air drag, of power consumption on a level road. The modern detachable pneumatic bicycle tire contributed to the popularity and eventual dominance of the safety bicycle.
This report contains market size and forecasts of Bicycle Tire in global, including the following market information:
Global Bicycle Tire Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bicycle Tire Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Bicycle Tire companies in 2021 (%)
The global Bicycle Tire market was valued at 1208 million in 2021 and is projected to reach US$ 1397.7 million by 2028, at a CAGR of 2.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Slick Bike Tires Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bicycle Tire include CHENG SHIN, Continental, Kenda, Hangzhou Zhongce and Hwa Fong, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bicycle Tire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bicycle Tire Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Tire Market Segment Percentages, by Type, 2021 (%)
Slick Bike Tires
Semi-slick Bike Tires
Inverted Tread Tires
Knobby Tires
Global Bicycle Tire Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Tire Market Segment Percentages, by Application, 2021 (%)
City Bicycle
Mountain Bicycle
Road Bicycle
Other
Global Bicycle Tire Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Tire Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bicycle Tire revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bicycle Tire revenues share in global market, 2021 (%)
Key companies Bicycle Tire sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Bicycle Tire sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CHENG SHIN
Continental
Kenda
Hangzhou Zhongce
Hwa Fong