Market Driver: The increasing demand for premium bicycles is driving the growth of the market. Premium bicycles provide improved riding and safety features. They are built using advanced technologies and modern designs by incorporating high-end materials to offer comfort and durability. With the increasing average disposable income and the rising number of dual-household income households, the popularity of premium bicycles is growing. Consumers prefer premium bicycles for recreational and health-related activities.
Market Challenge: The low demand for high-end mountain bicycles in emerging countries will challenge the growth of the global bicycle OEM tires market share. These bicycles are unaffordable for most biking enthusiasts, especially in emerging countries of APAC. Moreover, there is a high risk of injuries associated with mountain bicycles.
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Market Segmentation
The bicycle OEM market report is segmented by application (manual bicycles and e-Bikes) and geography (APAC, North America, Europe, and South America). APAC will be the leading region with 64% of the market’s growth during the forecast period. China and Taiwan are the key countries for the bicycle OEM market in APAC.
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Key Vendors
Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Derby Cycle Holding GmbH, Dorel Industries Inc., Kenda Rubber Industrial Co. Ltd., Merida Industry Co. Ltd., Michelin Group, Schwalbe Tires North America Inc., THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp. are the main players in the market. The key offerings of some of the vendors are mentioned below:
Cheng Shin Rubber Ind. Co. Ltd. – The company offers bicycle tires under two brand names, namely CST tires and Maxxis tires. It offers bicycle tires for various types of bicycles, such as standard, mountain bike, BMX, and Road bicycles, among others.
Continental AG – Through this segment, the company manufactures tires for bicycles such as mountain bike tires, Ultra sport III, Contact urban, and Terra speed.
Derby Cycle Holding GmbH – The company offers bicycle parts and gear through its Derby Bicycle center.
Dorel Industries Inc. – In the Dorel Sports segment, the company offers products such as Pool Tire, LP 5 tire, and LP 5 Heritage tire under its GT bicycles brand.
Kenda Rubber Industrial Co. Ltd. – The company provides bicycle tires for various activities such as BMX street and park, commuter, cross country, cyclocross or gravel, downhill or gravity, enduro, fat tires, road, and studded tires.
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Related Reports
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Bicycle OEM Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.09% |
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Market growth 2021-2025 |
USD 1.2 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.51 |
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Regional analysis |
APAC, North America, Europe, and South America |
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Performing market contribution |
APAC at 64% |
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Key consumer countries |
China, Taiwan, The Netherlands, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Derby Cycle Holding GmbH, Dorel Industries Inc., Kenda Rubber Industrial Co. Ltd., Merida Industry Co. Ltd., Michelin Group, Schwalbe Tires North America Inc., THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Application
Market segments
Comparison by Application
Manual bicycle – Market size and forecast 2020-2025
E-bikes – Market size and forecast 2020-2025
Market opportunity by Application
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC – Market size and forecast 2020-2025
North America – Market size and forecast 2020-2025
Europe – Market size and forecast 2020-2025
South America – Market size and forecast 2020-2025
MEA – Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Overview
Vendor Analysis
Vendors covered
Market positioning of vendors
Cheng Shin Rubber Ind. Co. Ltd.
Continental AG
Derby Cycle Holding GmbH
Dorel Industries Inc.
Kenda Rubber Industrial Co. Ltd.
Merida Industry Co. Ltd.
Michelin Group
Schwalbe Tires North America Inc.
THE GOODYEAR TIRE and RUBBER Co.
Trek Bicycle Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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