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.
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This report 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.
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.
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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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