Asia Pacific Bicycle Saddles Market Size & Outlook
Asia Pacific bicycle saddles market, 2017-2030 (US$M)
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Asia Pacific bicycle saddles market highlights
- The Asia Pacific bicycle saddles market generated a revenue of USD 814.0 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, road bikes was the largest revenue generating activity in 2023.
- E-bikes is the most lucrative activity segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 814.0 million |
| Market revenue in 2030 | USD 1,391.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Road bikes |
| Fastest growing segment | E-bikes |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, E-bikes |
| Key market players worldwide | Fabric, Shimano Inc, Giant Bicycle, Prologo, Selle Italia srl, Specialized Bicycle Components, WTB |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.5% of the global bicycle saddles market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,127.0 million by 2030.
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Bicycle Saddles Market Scope
Bicycle Saddles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific bicycle saddles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle saddles market will help companies and investors design strategic landscapes.
Road bikes was the largest segment with a revenue share of 35.28% in 2023. Horizon Databook has segmented the Asia Pacific bicycle saddles market based on mountain bikes, hybrid bikes, road bikes, e-bikes covering the revenue growth of each sub-segment from 2017 to 2030.
- Asia Pacific Bicycle Saddles Activity Outlook (Revenue, USD Million, 2017-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- E-bikes
- Others
- Asia Pacific Bicycle Saddles Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- OEM
- Aftermarket
- Asia Pacific Bicycle Saddles Sales Channel Outlook (Revenue, USD Million, 2017-2030)
- Online
- Offline
- Bike Store
- Mass Market Retail Store
- Sporting Goods Store
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bicycle saddles market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bicycle saddles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bicycle saddles market size, by country, 2017-2030 (US$M)
Asia Pacific Bicycle Saddles Market Outlook Share, 2023 & 2030 (US$M)
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