Women’s Bicycle Market Investment Opportunities in Competitive Environment

According to the recent report, published by Fact.MR, the global womens bicycles market 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.

Despite of drifting behind from the linear advancements involved in development of vehicles over the decades, bicycles continue to remain in vogue across the premise of global sports industry. From travel to wellness, bicycles are rolling out in heavy numbers, capturing the interests of countryside residents as well as high-spending, urban consumers, particularly women. Health benefits associated with bicycling will keep instrumenting the global sales growth of women’s bicycles. Group activities and social media trends have promoted the use of bicycles among women across several cultures. Apart from helping in regulating body metabolism, bicycles are gradually becoming more significant in the lifestyle of women who have been troubled with the burden of sedentary régimes. However, despite of the advent of electric bicycles, the global market for women’s bicycle will witness a moderate demand for women’s bicycles, in the view of growing popularity of other modes of commuting and exercising.

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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.

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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