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NEW YORK, April 28, 2021 /PRNewswire/
The bicycle tyre market is set to grow by USD 477.69 million, progressing at a CAGR of about 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Bicycle Tyre Market by Application and Geography - Forecast and Analysis 2021-2025
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bridgestone Corp., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Donnelly Cycling, Hermann Hartje KG, Hwa Fong Rubber Ind. Co. Ltd., MICHELIN, Rene Herse Cycles, THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp. are some of the major market participants. The growing need for fitness activities will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their