Global Bicycle Tires Market Size, Trends and Growth Opportunity, By Bicycle Type (Mountain, Hybrid, Electric, Comfort, Youth, Cruiser, Road), Product Type (Tube Tire, Tubeless Tire, Solid Tire), Width (18mm - 32mm, 32mm - 52mm, Above 52mm), Size (Up to 12 Inch, 12 Inch - 22 Inch, Above 22 Inch), Application (On-Road Application, All Terrain Application), Distribution Channel (Bicycle Tire Aftermarket, Original Equipment Manufacturers (OEMS)) By Region and forecast till 2027.
Global Bicycle Tires Market
Global Bicycle Tires Market was valued at USD 5,920 million in 2021 and is slated to reach at USD 8,561.4 million by 2027 at a CAGR of 7.35% from 2022-2027.
A bicycle tire is a tire that mounts to a bicycle or other similar vehicle's wheel. In addition to tricycles, hand cycles, and wheelchairs, these tires can be used for racing. The lateral forces required for turning and balance are produced by bicycle tires, which also serve as a substantial source of suspension. These tires also produce the longitudinal forces required for propulsion and braking.
Market Drivers
Over the world, bike-sharing schemes have grown in popularity. Increase bicycle utilization as a result of several measures to lessen traffic congestion and environmental pollution. Customers do not need to buy a new bicycle in order to utilize these ones because they are available for rental. The burgeoning bike sharing programmed is increasing demand for bicycle tires, which is likely to accelerate market expansion. The increased use of bicycles for recreational and fitness purposes is anticipated to accelerate market expansion. Bicycles are increasingly accepted by customers as a means of enhancing their fitness and health due to their numerous mental and physical benefits. Increased consumer interest in bicycles as a leisure activity has a favorable impact on demand for bicycle tires and drives market expansion.
Market Restraints
The market for bicycle tires has some restrictions that could prevent it from expanding, such as the high cost of bicycles and the scarcity of essential spare parts and accessories. Also, the expansion of the market during the aforementioned projection period may be hampered by the development of the automotive sector in developing nations. By making bicycle tires, a significant amount of CO2 is emitted. As a result, countries have implemented stringent environmental regulations on tire production. Toxic solvents and chemicals are used in rubber manufacturing to make tires, which increases pollution and produces dangerous emissions. As a result, it is projected that the adverse environmental impact of tire production will restrain the market's expansion over the projection period.
Impact of COVID-19
Sales on the market are greatly impacted by the COVID pandemic. The production and shipping capacities were interrupted due to severe lockdown requirements and growing safety concerns. Tire exports have decreased during the epidemic because production facilities and the supply chain have been shut down. Moreover, the cost of basic materials like nylon, polyester, and rubber has increased. Due to the COVID-19 epidemic, the market is facing significant challenges as the cost of raw materials makes up between 65% and 70% of the entire cost of tires.
Recent Developments
The Ultra sport III was a new product introduced by Continental AG in 2020. This brand-new item is a low-range sport tire for cyclists. It offers excellent grip and traction capacity at a reasonable cost.
Market Segmentation
Global Bicycle Tires Market is segmented into By Bicycle Type, Product Type, Width, Size, Application, Distribution Channel. By Bicycle Type such as Mountain, Hybrid, Electric, Comfort, Youth, Cruiser, Road. By Product Type such as Tube Tire, Tubeless Tire, Solid Tire. By Width such as 18mm - 32mm, 32mm - 52mm, Above 52mm. By Size such as Up to 12 Inch, 12 Inch - 22 Inch, Above 22 Inch. By Application such as On-Road Application, All Terrain Application. By Distribution Channel such as Bicycle Tire Aftermarket, Original Equipment Manufacturers (OEMS).
Regional Analysis
Global Bicycle Tires Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. In terms of revenue growth, Asia-Pacific dominates the bicycle tire industry. This is mostly because bicycle adoption is increasing and there is a rising need for high-end bikes in this area. Because China is the world's top producer of bicycles and bicycle tires, sometimes known as "the kingdom of bicycles," it leads the Asia-Pacific bicycle tire market. Due to the region's higher disposable income and rising environmental awareness, Europe is anticipated to experience the quickest growth throughout the forecast period of 2022–2027.
Key Players
This report includes a list of numerous Key Players, namely Amerityre (U.S.), The Yokohama Rubber Co., Ltd. (Japan), Trelleborg AB (Sweden), Continental AG (Germany), Bridgestone Corporation (Japan), Michelin (France), The Goodyear Tyre & Rubber Company (U.S.), Hero Cycles Ltd (India), Hankook Tire & Technology Co.,Ltd. (South Korea), Toyo Tire Corporation (Japan).
Market Taxonomy  
By Bicycle Type
• Mountain
• Hybrid
• Electric
• Comfort
• Youth
• Cruiser
• Road
By Product Type
• Tube Tire
• Tubeless Tire
• Solid Tire
By Width
• 18mm - 32mm
• 32mm - 52mm
• Above 52mm
By Size
• Up to 12 Inch
• 12 Inch - 22 Inch
• Above 22 Inch
By Application
• On-Road Application
• All Terrain Application
By Distribution Channel
• Bicycle Tire Aftermarket
• Original Equipment Manufacturers (OEMS)
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.

Global Bicycle Tires Market
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bicycle Tires Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bicycle Tires Market, By Bicycle Type
5.1 Y-o-Y Growth Comparison, By Bicycle Type
5.2 Global Bicycle Tires Market Share Analysis, By Bicycle Type
5.3 Global Bicycle Tires Market Size and Forecast, By Bicycle Type
5.3.1 Mountain
5.3.2 Hybrid
5.3.3 Electric
5.3.4 Comfort
5.3.5 Youth
5.3.6 Cruiser
5.3.7 Road
6 Global Bicycle Tires Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Bicycle Tires Market Share Analysis, By Product Type
6.3 Global Bicycle Tires Market Size and Forecast, By Product Type
6.3.1 Tube Tire
6.3.2 Tubeless Tire
6.3.3 Solid Tire
7 Global Bicycle Tires Market, By Width
7.1 Y-o-Y Growth Comparison, By Width
7.2 Global Bicycle Tires Market Share Analysis, By Width
7.3 Global Bicycle Tires Market Size and Forecast, By Width
7.3.1 18mm - 32mm
7.3.2 32mm - 52mm
7.3.3 Above 52mm

8 Global Bicycle Tires Market, By Size
8.1 Y-o-Y Growth Comparison, By Size
8.2 Global Bicycle Tires Market Share Analysis, By Size
8.3 Global Bicycle Tires Market Size and Forecast, By Size
8.3.1 Up to 12 Inch
8.3.2 12 Inch - 22 Inch
8.3.3 Above 22 Inch
9 Global Bicycle Tires Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Bicycle Tires Market Share Analysis, By Application
9.3 Global Bicycle Tires Market Size and Forecast, By Application
9.3.1 On-Road Application
9.3.2 All Terrain Application
10 Global Bicycle Tires Market, By Distribution Channel
10.1 Y-o-Y Growth Comparison, By Distribution Channel
10.2 Global Bicycle Tires Market Share Analysis, By Distribution Channel
10.3 Global Bicycle Tires Market Size and Forecast, By Distribution Channel
10.3.1 Bicycle Tire Aftermarket
10.3.2 Original Equipment Manufacturers (OEMS)
11Global Bicycle Tires Market, By Region
11.1 Global Bicycle Tires Market Share Analysis, By Region
11.2 Global Bicycle Tires Market Share Analysis, By Region
11.3 Global Bicycle Tires Market Size and Forecast, By Region
12 North America Bicycle Tires Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 North America Bicycle Tires Market Share Analysis, By Bicycle Type
12.3 North America Bicycle Tires Market Size and Forecast, By Product Type
12.4 North America Bicycle Tires Market Size and Forecast, By Width
12.5 North America Bicycle Tires Market Size and Forecast, By Size
12.6 North America Bicycle Tires Market Size and Forecast, By Application
12.7 North America Bicycle Tires Market Size and Forecast, By Distribution Channel
12.8 North America Bicycle Tires Market Size and Forecast, By Country
12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico
13 Europe Bicycle Tires Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Europe Bicycle Tires Market, Share Analysis, By Bicycle Type
13.3 Europe Bicycle Tires Market, Size and Forecast, By Product Type
13.4 Europe Bicycle Tires Market, Size and Forecast, By Size
13.5 Europe Bicycle Tires Market, Size and Forecast, By Width
13.6 Europe Bicycle Tires Market, Size and Forecast, By Application
13.7 Europe Bicycle Tires Market, Size and Forecast, By Distribution Channel
13.8 Europe Bicycle Tires Market, Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 UK
13.8.4. Rest of Europe
14Asia Pacific Bicycle Tires Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Asia Pacific Bicycle Tires Market, Share Analysis, By Bicycle Type
14.3 Asia Pacific Bicycle Tires Market, Size and Forecast, By Product Type
14.4 Asia Pacific Bicycle Tires Market, Size and Forecast, By Size
14.5 Asia Pacific Bicycle Tires Market, Size and Forecast, By Width
14.6 Asia Pacific Bicycle Tires Market, Size and Forecast, By Application
14.7Asia Pacific Bicycle Tires Market, Size and Forecast, By Distribution Channel
14.8 Asia Pacific Bicycle Tires Market, Size and Forecast, By Country
14.8.1 China 
14.8.2 Japan
14.8.3 India
14.8.4. Rest of Asia Pacific
15Latin America Bicycle Tires Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Latin America Bicycle Tires Market, Share Analysis, By Bicycle Type
15.3 Latin America Bicycle Tires Market, Size and Forecast, By Product Type
15.4 Latin America Bicycle Tires Market, Size and Forecast, By Size
15.5 Latin America Bicycle Tires Market, Size and Forecast, By Width
15.6 Latin America Bicycle Tires Market, Size and Forecast, By Application
15.7 Latin America Bicycle Tires Market, Size and Forecast, By Distribution Channel
15.8 Latin America Bicycle Tires Market, Size and Forecast, Country
15.8.1. Brazil
15.8.2.Rest of Latin America
16Middle East Bicycle Tires Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Middle East Bicycle Tires Market, Share Analysis, By Bicycle Type
16.3 Middle East Bicycle Tires Market, Size and Forecast, By Product Type
16.4 Middle East Bicycle Tires Market, Size and Forecast, By Size
16.5 Middle East Bicycle Tires Market, Size and Forecast, By Width
16.6 Middle East Bicycle Tires Market, Size and Forecast, By Application
16.7 Middle East Bicycle Tires Market, Size and Forecast, By Distribution Channel
16.8 Middle East Bicycle Tires Market, Size and Forecast, By Country
16.8.1. Saudi Arabia
16.8.2. UAE
16.8.3. Egypt
16.8.4. Kuwait
16.8.5. South Africa
17Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies
18 Company Profiles
18.1 Amerityre (U.S.)
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview
18.1.5 Key Market Developments
18.1.6 Key Strategies
18.2 The Yokohama Rubber Co., Ltd. (Japan)
18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview
18.2.5 Key Market Developments
18.2.6 Key Strategies
18.3 Trelleborg AB (Sweden)
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview
18.3.5 Key Market Developments
18.3.6 Key Strategies
18.4 Continental AG (Germany)
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview
18.4.5 Key Market Developments
18.4.6 Key Strategies
18.5 Bridgestone Corporation (Japan)
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview
18.5.5 Key Market Developments
18.5.6 Key Strategies
18.6 Michelin (France)
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview
18.6.5 Key Market Developments
18.6.6 Key Strategies
18.7 The Goodyear Tyre & Rubber Company (U.S.)
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview
18.7.5 Key Market Developments
18.7.6 Key Strategies 
18.8 Hero Cycles Ltd (India)
18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview
18.8.5 Key Market Developments
18.8.6 Key Strategies
18.9 Hankook Tire & Technology Co.,Ltd. (South Korea)
18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview
18.9.5 Key Market Developments
18.9.6 Key Strategies
18.10 Toyo Tire Corporation (Japan)
18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview
18.10.5 Key Market Developments
18.10.6 Key Strategies