China Bicycle Saddles Market Size & Outlook, 2023-2030
The bicycle saddles market in China is expected to reach a projected revenue of US$ 662.6 million by 2030. A compound annual growth rate of 8.4% is expected of China bicycle saddles market from 2024 to 2030.
Revenue, 2023 (US$M)
$376.8
Forecast, 2030 (US$M)
$662.6
CAGR, 2024 - 2030
8.4%
Report Coverage
China
China bicycle saddles market, 2017-2030 (US$M)
Related Markets
China bicycle saddles market highlights
- The China bicycle saddles market generated a revenue of USD 376.8 million in 2023 and is expected to reach USD 662.6 million by 2030.
- The China market is expected to grow at a CAGR of 8.4% 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.
Bicycle saddles market data book summary
| Market revenue in 2023 | USD 376.8 million |
| Market revenue in 2030 | USD 662.6 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Road bikes |
| Fastest growing segment | E-bikes |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 17.8% of the global bicycle saddles market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bicycle saddles market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 199.7 million by 2030.
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Bicycle Saddles Market Scope
Bicycle saddles market segmentation & scope
Bicycle Saddles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 36.15% in 2023. Horizon Databook has segmented the China 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.
- China Bicycle Saddles Activity Outlook (Revenue, USD Million, 2017-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- E-bikes
- Others
- China Bicycle Saddles Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- OEM
- Aftermarket
- China 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 country-level data and insights on the China bicycle saddles market , including forecasts for subscribers. This country databook contains high-level insights into China bicycle saddles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China bicycle saddles market size, by activity, 2017-2030 (US$M)
China Bicycle Saddles Market Outlook Share, 2023 & 2030 (US$M)
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