Global Bicycle Tube & Tire Market Insights and Forecast to 2027

A bicycle tire is a tire that fits on the wheel of a bicycle or similar vehicle. They may also be used on wheelchairs and handcycles, 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.
The bicycle tube & tire market is very concerted market; the revenue of top eight manufacturers accounts about 74% of the total revenue in 2019. CHENG SHIN is the largest manufacturer; its revenue of global market exceeds 24% in 2019.

Market Analysis and Insights: Global Bicycle Tube & Tire Market
The global Bicycle Tube & Tire market is valued at US$ 1501.4 million in 2019. The market size will reach US$ 1025.7 million by the end of 2026, growing at a CAGR of -5.2% during 2021-2026.

Global Bicycle Tube & Tire Scope and Segment
Bicycle Tube & Tire market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Bicycle Tube & Tire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Bicycle Tube
Bicycle Tire
Bicycle tube is the most used type in 2019, with over 61.16% market share.

Segment by Application
City Bicycle
Road Bicycle
Mountain Bicycle
Other
The larger market by application is city bicycle, with 48.36% market share in 2019.

By Company
CHENG SHIN
Hangzhou Zhongce
SCHWALBE
Michelin
Kenda
Continental
Hwa Fong
Vittoria

Production by Region
North America
Europe
China
Japan
Taiwan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E