Global Bicycle Industry 2013-2018: Trends, Profit, and Forecast Analysis
Publish date: March 2013, more than 48 valuable figures/charts and 12 tables are provided in this report
The global bicycle industry is expected to witness moderate growth over the next five years and reach an estimated $64.1 billion by 2018. Growing fitness consciousness among people, rising energy prices, growing congestion due to increasing population and number of cars on roads is expected to drive the bicycle industry over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the global bicycle industry and presents its findings in “Global Bicycle Industry 2013-2018: Trends, Profit, and Forecast Analysis.” The industry is highly fragmented with top player capturing approximately 4% of the industry share. Competitive rivalry in the industry is high. Domestic manufacturers face huge competition from Chinese low-cost bicycles.
The bicycle manufacturing industry comprises companies primarily engaged in manufacturing all kinds of bicycles, including electric bicycles, parts, and accessories. Shimano, Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Accell Group, and Dorel Industries are the major players in this industry.
The growth of cycling as a leisure activity and due to growing environmental concerns by consumers, bicycles are emerging as an alternative for shorter distance transportation that causes no pollution. The industry, however, faces some challenges such as rising raw material costs and the increasing demand and popularity of motor bikes. Government initiatives to promote cycling in order to reduce carbon emissions and noise pollution are a strong growth driver. In addition, bicycles’ energy efficiency, coupled with cycling as a fitness activity, will help propel demand during the forecast period.
This study provides an overview of the global bicycle industry and tracks industry performance in four regions. The report studies manufacturers serving this segment, providing a five-year annual trend analysis that highlights market size, profit, and cost structure for North America, Europe, Asia Pacific, and the Rest of World regions. The report also provides a forecast, addressing market opportunities for five years for each region. This report represents industry size from the consumption aspect. More than 80% of the industry sales are generated by private players.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global bicycle industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
• Industry size estimates in terms of (US $) value by regions and by segments
• Global bicycle industry analysis annual trend (2007-2012) and forecast (2013-2018)
• Porter’s Five Force analysis
• New product launch and merger and acquisition activity in global bicycle industry analysis
• Quarterly demand trend (Q1 2011-Q4 2012) and forecast analysis (Q1 2013-Q4 2014) for global bicycle industry analysis
• Gross and net profit trends in the global bicycle industry analysis
• Cost structure trend in the global as well as regional bicycle analysis
• More than 48 valuable figures/charts and 12 tables are provided in this report