India Bicycle Market Outlook, 2021
Bonafide Research |
SKU : 160410221
Pages : 85 | Apr, 16 | Region : Europe
Figures : 17 | Tables : 27
Category: Consumer Goods & Services
India bicycle market is fragmented in domestic and international players. The report covers the detailed insights of the bicycle market in the Indian market. The report covers the Indian bicycle market in a detailed segmental analysis with the value and volume analysis. The report also covers the leading companies that are involved in the manufacturing various bicycles. The report also gives an idea on the product variant pricing analysis of each of the product available in the bicycle market such as roadsters, mountain cycle, lifestyle cycle, ladies cycle, gents and kid's cycle.
India has been witnessing the slow growth since last decades in bicycle market. Rising disposable income, rapid urbanization and massive growth in infrastructure led to increase in the vehicular population in India which hindered the growth of bicycle market. However, the market is showing positive growth from recent four-five years. Rural consumers are the key end users of bicycle as in rural area bicycle is one of the most important modes of transportation for middle and low income groups. The key features of bicycle such as affordability, environment-friendly and health-friendly are driving the demand of bicycles in India. India bicycle market grew with a CAGR of just 1.04% in the period of five years from 2010 to 2015. At present, the trend of premium bicycle is emerging in India and hence all the domestic players are making efforts to grab the space in this fast growing segment.
According to “India Bicycle Market Outlook, 2021”, the Indian bicycle market is expected to grow at immense growth rate during forecast period due to increasing the adoption of premium bicycles apart from normal ones. Entry of foreign firms was made easy in India and today many international companies have existence in Indian market which leads to immense competition within the domestic markets. The low penetration in Indian bicycle market attracts various global firms through serving greater opportunities for international players. The key domestic players such as Hero Cycles, TI Cycles, Avon Cycles, and Atlas are making efforts grab the market through innovation and premiumisation in bicycles. However, Indian bicycle industry is also facing serious challenges in terms of meeting the domestic demand and staying competitive globally. The Indian players are getting tough competition from Chinese players. Though being a second largest cycle manufacturing country, India has small proportion in global bicycle market.
How it will help solving your strategic decision making process??
The report gives an in-depth understanding of bicycle market in India
- To identify the on-going trends and anticipated growth in the next five years
- To anticipate the market size in 2021 and the growth rate by then
- The ongoing market trends
- The key vendors in this market space
- The market opportunities and threats faced by the key vendors
- India Bicycle Market Size, Share & Forecast
- India Premium Bicycle Market Size, Share & Forecast
- Segmental Analysis - By Region, By Country, By Company, By Brand, By Segment
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with bicycle market suppliers and channel partners in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases
LIST OF FIGURES
Figure-1: Global Bicycle Market Size – By Value 2009 – 2015 (USD Billion)
Figure-2: Global Bicycle Market Size Forecast–By Value 2016F – 2021F (USD Billion)
Figure-3: Global Bicycle Market Size –By Volume 2009 – 2015 (Million)
Figure-4: Global Bicycle Market Size Forecast –By Volume 2016F – 2021F (Million)
Figure-5: Global Bicycle Market Share – By Region 2015 & 2021F
Figure-6: Global Bicycle Market Share – By Country 2015 & 2021F
Figure-7: India Bicycle Market Size – By Value 2010 – 2015 (INR Crore)
Figure-8: India Bicycle Market Size Forecast – By Value 2016F – 2021F (INR Crore)
Figure-9: India Bicycle Market Size –By Volume 2009 – 2015 (Million Units)
Figure-10: India Bicycle Market Size –By Volume 2016F – 2021F (Crore Units)
Figure-11: India Bicycle Market Share – By Company 2015 & 2021F
Figure-12: India Bicycle Market Share – By Brand 2015 & 2021F
Figure-13: India Bicycle Market Share – By Segment 2015 & 2021F
Figure-14: India Premium Bicycle Market Size –By Value 2009 – 2015 (INR Crore)
Figure-15: India Premium Bicycle Market Size –By Value 2016F – 2021F (INR Crore)
Figure-16: India Premium Bicycle Market Size –By Volume 2009 – 2015 (Units)
Figure-17: India Premium Bicycle Market Size –By Volume 2016F – 2021F (Units)
Figure-18: India Premium Bicycle Market Value Share – By Company 2015
Figure-19: India Premium Bicycle Market Volume Share – By Company 2015
Figure-20: Import of Bicycle Market By Value 2011-2015 (Lakh)
Figure-21: Import of Bicycle Market By Volume 2011-2015 (Thousands)
Figure-22: Export of Bicycle Market By Value 2011-2015 (Lakh)
Figure-23: Export of Bicycle Market By Volume 2011-2015 (Thousands)
Figure-24: ASP of Bicycle Imports in India 2011-2015 (Rupees)
Figure-25: ASP of Bicycle Exports from India 2011-2015 (Rupees)
LIST OF TABLES
Table-1: Retail Price of Hero Cycles Available in India
Table-2: Retail Price of TI Cycles Available in India
Table-3: Retail Price of Avon Cycles Available in India
Table-4: India Economic Profile - 2014
Table-5: Import Duties under HS code 8712
Table-6: Exporting Company of Bicycle
Table-7: Product Portfolio of Hero Cycle Limited
Table-8: Key Facts of Hero Cycle Limited
Table-9: Product Portfolio of Tube Investment of India Limited
Table-10: Key Facts of Tube Investments of India Limited
Table-11: Product Portfolio of Avon Cycle Limited
Table-12: Key Facts of Avon Cycles Limited
Table-13: Product Portfolio of Atlas Cycles (Haryana) Limited
Table-14: Key Facts of Atlas Cycles (Haryana) Limited
Table-15: Product Portfolio of La Sovereign Bicycles Pvt. Ltd
Table-16: Key Facts of La Sovereign Bicycles Pvt. Ltd
Table-17: Product Portfolio of Neelam Cycle Industries
Table-18: Key Facts of Neelam Cycle Industries
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