The Global Bicycle Tire Market is expected to grow by USD 542.7 mn during 2020-2024, progressing at a CAGR of 3% during the forecast period

New York, March 30, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Bicycle Tire Market 2020-2024" - https://www.reportlinker.com/p05666333/?utm_source=GNW
Our reports on global bicycle tire market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of health issues. In addition, increasing average disposable income and dual-household income is anticipated to boost the growth of the global bicycle tire market as well.

Market Segmentation
The global bicycle tire market is segmented as below:
Application:
• Manual Bicycles
• E-Bikes

Geographic Segmentation:
• APAC
• Europe
• MEA
• North America
• South America

Key Trends for global bicycle tire market growth
This study identifies increasing average disposable income and dual-household income as the prime reasons driving the global bicycle tire market growth during the next few years.

Prominent vendors in global bicycle tire market
We provide a detailed analysis of around 25 vendors operating in the global bicycle tire market 2020-2024, including some of the vendors such as Alta Cycling Group, Cheng Shin Rubber Ind. Co. Ltd., Continental Reifen Deutschland GmbH, Donnelly Cycling, Hermann Hartje KG, Hwa Fong Rubber Ind. Co. Ltd., Michelin Group, Rene Herse Cycles, The Goodyear Tire & Rubber Co. and Trek Bicycle Corp. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Read the full report: https://www.reportlinker.com/p05666333/?utm_source=GNW

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