Women’s Bicycle Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022

Published on : Aug-2017 | List of Tables : 307 | List of Figures : 99 | No. of Pages : 170 | Report Code : FACT203MR |

Despite of drifting behind from the linear advancements involved in development of vehicles over the decades, bicycles continue to remain in vogue across the premise of global sports industry. From travel to wellness, bicycles are rolling out in heavy numbers, capturing the interests of countryside residents as well as high-spending, urban consumers, particularly women. Health benefits associated with bicycling will keep instrumenting the global sales growth of women’s bicycles. Group activities and social media trends have promoted the use of bicycles among women across several cultures. Apart from helping in regulating body metabolism, bicycles are gradually becoming more significant in the lifestyle of women who have been troubled with the burden of sedentary régimes. However, despite of the advent of electric bicycles, the global market for women’s bicycle will witness a moderate demand for women’s bicycles, in the view of growing popularity of other modes of commuting and exercising.

Women’s bicycles are distinctively different from men’s bicycles, except from being a vehicle made out of an angular frame that holds two wheels linearly. The main frame of women’s bicycles is generally designed by considering the comfort levels of riding the bike, even while donning a skirt. Women’s bicycle also have general pedals for propelling, but their handlebars might differ in design. According to the recent report, published by Fact.MR, the global market for women’s bicycles is expected to grow at a moderate CAGR, raking revenues worth a little over US$ 12.5 Bn by the end of forecast period, 2017-2022.

Market Taxonomy

Product Type

Technology

Pricing

Distribution Channel

Road Bicycle

Conventional

Low Range

Independent Outlet

Sports Bicycle

Electric

Mid-Range

Direct to Customer Institutional Channel

Mountain Bicycle

 

Premium Range

Direct to Customer Brand Outlet

Hybrid Bicycle

   

Modern Trade Channels

     

Franchised Outlet

     

Direct to Customer Online Channel

     

Third Party Online Channel

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Women to Prefer Riding Hybrid Bicycles

Wide range of products offered in the global market for women’s bicycles have been analyzed in this report. Rising proclivity of women towards daily fitness activities will instrument a steady growth in demand for road bikes. In 2017, over one-fourth of women’s bicycles being sold across the globe will be used for travelling on city streets and roads. However, sport bikes will slowly lose their traction as women are being drawn towards gym cycles for staying fit. On the other hand, hybrid bicycles will be observed as a top-selling product in the global women’s bicycles market, procuring more than two-fifth share on global revenues at steadfast CAGR of 4.6% during the forecast period.

Currently, conventional women’s bicycles are dominating the global market in terms of technology. Towards the latter half of the forecast period, the demand for women’s bicycles developed on electric pedaling technology will gain momentum. The report also reveals that majority of women will be interested in buying mid-priced bicycles in the years to come, considering their infrequent use and recurrent repair costs. The report further reveals that direct-to-customer brand outlets will be a lucrative distribution channel in the global women’s bicycles market, revenues from which are poised to reach US$ 1.87 Bn through 2022.

Competition Tracking

The report has also observed that companies such as Samchuly Bicycle Co., Ltd., Tandem Group plc, Merida Industry Co. Ltd., Dorel Industries Inc., Accell Group N.V., Tube Investments of India Limited, Trek Bicycle Corporation, Atlas Cycles (Haryana) Limited, and Giant Manufacturing Co., Ltd, will remain active in expansion of global women’s bicycle market through 2022.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Commuting short distances on bicycles has become symbolic to healthy lifestyle. Impact of bicycling on body aesthetics has motivated women from all corners of the world. Manufacturers are focusing towards upping the trendiness of bicycles, and also lifting their performance without increasing riding discomfort. The report, compiled by Fact.MR, provides in-depth analysis of the global women’s bicycle market for the forecast period 2017-2022, and offers key insights about future market direction.  

Scope

The scope of Fact.MR’s report is to analyze the global women’s bicycle market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Bicycle manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.    

Summary

The report commences with a brief information of the global women’s bicycle market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global women’s bicycle market.   

Overview

The next section offers an overview of the women’s bicycle market. This comprises an introduction to the market, along with a standard definition of the product – women’s bicycle. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.     

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global women’s bicycle market, the report provides updates about market opportunities, which can benefit leading manufacturers of women’s bicycle. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for women’s bicycle manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.     

Considering the wide scope of the global women’s bicycle market, Fact.MR offers a segment-wise analysis and forecast. The global women’s bicycle market has been categorized on the basis of product type, technology, pricing, distribution channel and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.  

The report’s last section comprises of the global women’s bicycle market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global women’s bicycle market.     

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

Fact.MR offers custom research services that help clients to get specific research solutions

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Women’s Bicycle Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022