Bicycle Tire Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the global Bicycle Tire Market. The report provides a detailed assessment of key market dynamics, including drivers, trends, opportunities, and challenges, offering an in-depth look into the market structure.

Key Insights:

Bicycle Tire Market Size (2024E): USD 7,838.78 Million
Projected Market Value (2033F): USD 15,410.50 Million
Global Market Growth Rate (CAGR 2024 to 2033): 7.8%

Bicycle Tire Market - Report Scope:

Bicycle tires are critical components of bicycles, providing traction, support, and shock absorption. They are used across various types of bicycles, including road bikes, mountain bikes, and electric bikes. The market encompasses a wide range of tire types, including clincher, tubular, and tubeless tires, catering to different riding conditions and performance requirements. Market growth is driven by increasing cycling activities, advancements in tire technology, and the rising popularity of electric bicycles, which necessitate specialized tires.

Market Growth Drivers:

Several key factors drive the global bicycle tire market, including the growing popularity of cycling as a recreational and fitness activity. Increased awareness of the environmental benefits of cycling and the rise in urban cycling infrastructure contribute to market expansion. Advancements in tire technology, such as the development of puncture-resistant and high-performance tires, further enhance market growth. Additionally, the increasing adoption of electric bicycles, which require specialized tires, and the growing trend of cycling for sustainable transportation, are significant growth drivers.

Market Restraints:

Despite positive growth prospects, the bicycle tire market faces challenges related to fluctuating raw material prices and supply chain disruptions. The high cost of advanced tire technologies and the lack of standardization across different bicycle types and brands can also impact market growth. Additionally, competition from alternative modes of transportation and economic downturns affecting consumer spending on non-essential goods pose challenges for market penetration. Addressing these constraints requires strategic approaches to cost management, innovation, and market positioning.

Market Opportunities:

The bicycle tire market presents significant growth opportunities driven by technological innovations, demographic trends, and evolving consumer preferences. The integration of smart technologies in tires, such as sensors for real-time monitoring and performance enhancement, represents a promising area of development. Furthermore, the expansion of cycling infrastructure in urban areas and the increasing focus on sustainability and eco-friendly transportation options create new avenues for market growth. Strategic partnerships, investment in R&D, and the introduction of affordable, high-quality tires are essential to capitalize on emerging opportunities.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the bicycle tire market globally?
Which tire types and applications are driving adoption across different cycling segments?
How are technological advancements reshaping the competitive landscape of the bicycle tire market?
Who are the key players contributing to the bicycle tire market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global bicycle tire market?

Competitive Intelligence and Business Strategy:

Leading players in the global bicycle tire market, including Michelin, Continental AG, and Schwalbe, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced tire technologies, such as puncture-resistant and high-performance tires, catering to diverse cycling needs. Collaborations with bicycle manufacturers, sports retailers, and distribution networks facilitate market access and technology adoption. Emphasis on sustainability, quality assurance, and customer satisfaction drives market growth and maintains competitive positioning in the dynamic bicycle tire landscape.

Key Companies Profiled:

Michelin
Continental AG
Schwalbe
Pirelli & C. S.p.A.
Hutchinson SA
Kenda Rubber Industrial Co., Ltd.
Vittoria Industries Ltd.
Maxxis International
Panaracer Corporation
CST (Cheng Shin Rubber Ind. Co., Ltd.)

Key Segments Covered in Bicycle Tire Industry Research

By Product Type:

Tube Bicycle Tires
Tubeless Bicycle Tires
Solid Bicycle Tires

By Tire Size:

Up to 12 Inch Bicycle Tires
12 to 22 Inch Bicycle Tires
Above 22 Inch Bicycle Tires

By Bicycle Type:

Mountain Bicycle Tires
Hybrid Bicycle Tires
Electric Bicycle Tires
Comfort Bicycle Tires
Youth Bicycle Tires
Cruiser Bicycle Tires
Road Bicycle Tires

By Sales Channel:

OEM
Aftermarket

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

Product Code: PMRREP31362

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Units) Analysis, 2019-2023
5.2. Current and Future Market Volume (Units) Projections, 2024-2033
5.3. Y-o-Y Growth Trend Analysis

6. Global Market - Pricing Analysis

6.1. Regional Pricing Analysis
6.2. Global Average Pricing Analysis Benchmark

7. Global Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global Automotive Production Overview
- 8.1.3. Global Bicycle Sales Overview
- 8.1.4. Global Manufacturing Value Added
- 8.1.5. Global Industry Value Added by key Region
- 8.1.6. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Historical Growth
- 8.2.2. GDP Growth forecast
- 8.2.3. Manufacturing Industry forecast
- 8.2.4. Global Urbanization Growth Outlook
- 8.2.5. Business Climate
8.3. Value Chain
- 8.3.1. Raw Material Suppliers
- 8.3.2. Product Manufacturers
- 8.3.3. List of key Technologies
- 8.3.4. Key Regulations
8.4. COVID-19 Crisis - Impact Assessment
- 8.4.1. Current Statistics
- 8.4.2. Short-Mid-Long Term Outlook
- 8.4.3. Likely Rebound
8.5. Market Dynamics
- 8.5.1. Drivers
- 8.5.2. Restraints
- 8.5.3. Opportunity Analysis

9. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Tire Size

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Tires Size, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Tires Size, 2024-2033
- 9.3.1. Up to 12 Inch Bicycle Tires
- 9.3.2. 12 to 22 Inch Bicycle Tires
- 9.3.3. Above 22 Inch Bicycle Tires
9.4. Market Attractiveness Analysis By Tires Size

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 10.3.1. Tube Bicycle Tires
- 10.3.2. Tubeless Bicycle Tires
- 10.3.3. Solid Bicycle Tires
10.4. Market Attractiveness Analysis By Product Type

11. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Sales Channel

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2019-2023
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2024-2033
- 11.3.1. OEMs
- 11.3.2. Aftermarket
11.4. Market Attractiveness Analysis By Sales Channel

12. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Bicycle type

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Bicycle type, 2019-2023
12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Bicycle type, 2024-2033
- 12.3.1. Mountain Bicycle Tires
- 12.3.2. Hybrid Bicycle Tires
- 12.3.3. Electric Bicycle Tires
- 12.3.4. Comfort Bicycle Tires
- 12.3.5. Youth Bicycle Tires
- 12.3.6. Cruiser Bicycle Tires
- 12.3.7. Road Bicycle Tires
12.4. Market Attractiveness Analysis By Bicycle type

13. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Europe
- 13.3.4. East Asia
- 13.3.5. South Asia and Pacific
- 13.3.6. Middle East and Africa
13.4. Market Attractiveness Analysis By Region

14. North America Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
  - 14.4.1.1. U.S.
  - 14.4.1.2. Canada
- 14.4.2. By Tires Size
- 14.4.3. By Product Type
- 14.4.4. By Sales Channel
- 14.4.5. By Bicycle type
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Tires Size
- 14.5.3. By Product Type
- 14.5.4. By Sales Channel
- 14.5.5. By Bicycle type
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis

15. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
  - 15.4.1.1. Brazil
  - 15.4.1.2. Mexico
  - 15.4.1.3. Rest of Latin America
- 15.4.2. By Tires Size
- 15.4.3. By Product Type
- 15.4.4. By Sales Channel
- 15.4.5. By Bicycle type
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Tires Size
- 15.5.3. By Product Type
- 15.5.4. By Sales Channel
- 15.5.5. By Bicycle type
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis

16. Europe Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
  - 16.4.1.1. Germany
  - 16.4.1.2. Italy
  - 16.4.1.3. France
  - 16.4.1.4. U.K.
  - 16.4.1.5. Spain
  - 16.4.1.6. BENELUX
  - 16.4.1.7. Russia
  - 16.4.1.8. Rest of Europe
- 16.4.2. By Tires Size
- 16.4.3. By Product Type
- 16.4.4. By Sales Channel
- 16.4.5. By Bicycle type
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Tires Size
- 16.5.3. By Product Type
- 16.5.4. By Sales Channel
- 16.5.5. By Bicycle type
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis

17. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
  - 17.4.1.1. China
  - 17.4.1.2. Japan
  - 17.4.1.3. South Korea
- 17.4.2. By Tires Size
- 17.4.3. By Product Type
- 17.4.4. By Sales Channel
- 17.4.5. By Bicycle type
17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Tires Size
- 17.5.3. By Product Type
- 17.5.4. By Sales Channel
- 17.5.5. By Bicycle type
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis

18. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
  - 18.4.1.1. India
  - 18.4.1.2. ASEAN
  - 18.4.1.3. Oceania
  - 18.4.1.4. Rest of South Asia & Pacific
- 18.4.2. By Tires Size
- 18.4.3. By Product Type
- 18.4.4. By Sales Channel
- 18.4.5. By Bicycle type
18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Tires Size
- 18.5.3. By Product Type
- 18.5.4. By Sales Channel
- 18.5.5. By Bicycle type
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033

19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 19.4.1. By Country
  - 19.4.1.1. GCC Countries
  - 19.4.1.2. Turkey
  - 19.4.1.3. Northern Africa
  - 19.4.1.4. South Africa
  - 19.4.1.5. Rest of Middle East and Africa
- 19.4.2. By Tires Size
- 19.4.3. By Product Type
- 19.4.4. By Sales Channel
- 19.4.5. By Bicycle type
19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Tires Size
- 19.5.3. By Product Type
- 19.5.4. By Sales Channel
- 19.5.5. By Bicycle type
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis

20. Country Wise Market Analysis 2024-2033

20.1. U.S. Market Analysis
- 20.1.1. By Tires Size
- 20.1.2. By Product Type
- 20.1.3. By Sales Channel
- 20.1.4. By Bicycle type
20.2. Canada Market Analysis
- 20.2.1. By Tires Size
- 20.2.2. By Product Type
- 20.2.3. By Sales Channel
- 20.2.4. By Bicycle type
20.3. Mexico Market Analysis
- 20.3.1. By Tires Size
- 20.3.2. By Product Type
- 20.3.3. By Sales Channel
- 20.3.4. By Bicycle type
20.4. Brazil Market Analysis
- 20.4.1. By Tires Size
- 20.4.2. By Product Type
- 20.4.3. By Sales Channel
- 20.4.4. By Bicycle type
20.5. Germany Market Analysis
- 20.5.1. By Tires Size
- 20.5.2. By Product Type
- 20.5.3. By Sales Channel
- 20.5.4. By Bicycle type
20.6. Italy Market Analysis
- 20.6.1. By Tires Size
- 20.6.2. By Product Type
- 20.6.3. By Sales Channel
- 20.6.4. By Bicycle type
20.7. France Market Analysis
- 20.7.1. By Tires Size
- 20.7.2. By Product Type
- 20.7.3. By Sales Channel
- 20.7.4. By Bicycle type
20.8. U.K. Market Analysis
- 20.8.1. By Tires Size
- 20.8.2. By Product Type
- 20.8.3. By Sales Channel
- 20.8.4. By Bicycle type
20.9. Spain Market Analysis
- 20.9.1. By Tires Size
- 20.9.2. By Product Type
- 20.9.3. By Sales Channel
- 20.9.4. By Bicycle type
20.10. BENELUX Market Analysis
- 20.10.1. By Tires Size
- 20.10.2. By Product Type
- 20.10.3. By Sales Channel
- 20.10.4. By Bicycle type
20.11. Russia Market Analysis
- 20.11.1. By Tires Size
- 20.11.2. By Product Type
- 20.11.3. By Sales Channel
- 20.11.4. By Bicycle type
20.12. China Market Analysis
- 20.12.1. By Tires Size
- 20.12.2. By Product Type
- 20.12.3. By Sales Channel
- 20.12.4. By Bicycle type
20.13. Japan Market Analysis
- 20.13.1. By Tires Size
- 20.13.2. By Product Type
- 20.13.3. By Sales Channel
- 20.13.4. By Bicycle type
20.14. S. Korea Market Analysis
- 20.14.1. By Tires Size
- 20.14.2. By Product Type
- 20.14.3. By Sales Channel
- 20.14.4. By Bicycle type
20.15. ASEAN Market Analysis
- 20.15.1. By Tires Size
- 20.15.2. By Product Type
- 20.15.3. By Sales Channel
- 20.15.4. By Bicycle type
20.16. Australia and New Zealand Market Analysis
- 20.16.1. By Tires Size
- 20.16.2. By Product Type
- 20.16.3. By Sales Channel
- 20.16.4. By Bicycle type
20.17. GCC Countries Market Analysis
- 20.17.1. By Tires Size
- 20.17.2. By Product Type
- 20.17.3. By Sales Channel
- 20.17.4. By Bicycle type
20.18. Turkey Market Analysis
- 20.18.1. By Tires Size
- 20.18.2. By Product Type
- 20.18.3. By Sales Channel
- 20.18.4. By Bicycle type
20.19. Northern Africa Market Analysis
- 20.19.1. By Tires Size
- 20.19.2. By Product Type
- 20.19.3. By Sales Channel
- 20.19.4. By Bicycle type
20.20. South Africa Market Analysis
- 20.20.1. By Tires Size
- 20.20.2. By Product Type
- 20.20.3. By Sales Channel
- 20.20.4. By Bicycle type

21. Market Structure Analysis

21.1. Market Analysis by Tier of Companies (Bicycle Tire)
21.2. Market Share Analysis of Top Players
21.3. Market Presence Analysis

22. Competition Analysis

22.1. Competition Dashboard
22.2. Competition Benchmarking
22.3. Competition Deep Dive
- 22.3.1. Cheng Shin Rubber Ind Co., Ltd.
  - 22.3.1.1. Overview
  - 22.3.1.2. Product Portfolio
  - 22.3.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.1.4. Sales Footprint
  - 22.3.1.5. Strategy Overview
- 22.3.2. HUTCHINSON
  - 22.3.2.1. Overview
  - 22.3.2.2. Product Portfolio
  - 22.3.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.2.4. Sales Footprint
  - 22.3.2.5. Strategy Overview
- 22.3.3. Trek Bicycle Corporation
  - 22.3.3.1. Overview
  - 22.3.3.2. Product Portfolio
  - 22.3.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.3.4. Sales Footprint
  - 22.3.3.5. Strategy Overview
- 22.3.4. The Goodyear Tires & Rubber Company
  - 22.3.4.1. Overview
  - 22.3.4.2. Product Portfolio
  - 22.3.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.4.4. Sales Footprint
  - 22.3.4.5. Strategy Overview
- 22.3.5. Specialized Bicycle Components
  - 22.3.5.1. Overview
  - 22.3.5.2. Product Portfolio
  - 22.3.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.5.4. Sales Footprint
  - 22.3.5.5. Strategy Overview
- 22.3.6. MICHELIN
  - 22.3.6.1. Overview
  - 22.3.6.2. Product Portfolio
  - 22.3.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.6.4. Sales Footprint
  - 22.3.6.5. Strategy Overview
- 22.3.7. Mitas
  - 22.3.7.1. Overview
  - 22.3.7.2. Product Portfolio
  - 22.3.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.7.4. Sales Footprint
  - 22.3.7.5. Strategy Overview
- 22.3.8. Pirelli & C. S.p.A.
  - 22.3.8.1. Overview
  - 22.3.8.2. Product Portfolio
  - 22.3.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.8.4. Sales Footprint
  - 22.3.8.5. Strategy Overview
- 22.3.9. Giant Bicycles
  - 22.3.9.1. Overview
  - 22.3.9.2. Product Portfolio
  - 22.3.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.9.4. Sales Footprint
  - 22.3.9.5. Strategy Overview
- 22.3.10. Continental AG
  - 22.3.10.1. Overview
  - 22.3.10.2. Product Portfolio
  - 22.3.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 22.3.10.4. Sales Footprint
  - 22.3.10.5. Strategy Overview