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.
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.
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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.
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- Global Women’s Bicycle Market - Executive Summary
- 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 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region 2.10. Competitive Assessment and Technology Trends in Future
- 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 3.1.2. Sports Bicycle Women’s Bicycle Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Mountain Bicycle Women’s Bicycle Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Hybrid Bicycle Women’s Bicycle Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region
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