Women’s Bicycle Market Research Report with Key Players Analysis, Trends and Growth Forecast till 2022

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of women’s bicycle market. The study is titled as “Women’s Bicycle Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global women’s bicycle market.

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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.

Key Insights on Global Women’s Bicycle Market

1. Considering the availability of resource, strict laws curbing the use of emission vehicles for short-distance commute, and increasing proliferation of healthy lifestyle, the Asia-Pacific excluding Japan (APEJ) region is estimated to remain the largest market for women’s bicycles through 2022.

2. Hybrid bicycles are expected to be the top-selling product in global women’s bicycle market. In 2017, more than 40% of women’s bicycles sold in the world will be hybrid. Demand for road bikes will also be steady, however, sport bicycles are expected to lose traction in the view of rising proclivity to stationary exercise bikes.

3. Towards the end of 2022, the demand for electric bicycles will gain momentum across the global women’s bicycle market. Currently, more than 80% of global women’s bicycle market is dominated by sales of conventional bicycles.

4. A majority of women will prefer buying mid-priced bicycles, particularly to manage recurrent repair costs caused by infrequent use.

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.

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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.

Table of Contents:

1. Global Women’s Bicycle Market – Executive Summary

2. Global Women’s Bicycle Market Overview
2.1. Introduction
2.1.1. Global Women’s Bicycle Market Taxonomy
2.1.2. Global Women’s Bicycle Market Definition
2.2. Global Women’s Bicycle Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Women’s Bicycle Market Y-o-Y Growth
2.3. Global Women’s Bicycle Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure

3. Global Women’s Bicycle Market Analysis and Forecast By Product Type
3.1. Global Women’s Bicycle Market Size and Forecast By Product Type, 2012-2022
3.1.1. Road Bicycle Women’s Bicycle Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region

Continued……….

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This release was published on openPR.