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M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
India Bicycle Market By Type, By Geared Vs
Gearless, By Rim Size...
Ta b l e o f C o n t e n t s
2
© TechSci Research
S. No. Contents
1. Product Overview
2 Research Methodology
3. Analyst Vi...
Ta b l e o f C o n t e n t s
3
© TechSci Research
S. No. Contents
5.3. India Sports Bicycle Market Attractive Index (By Bi...
Ta b l e o f C o n t e n t s
4
© TechSci Research
S. No. Contents
11.1. Growing Demand for Premium Bicycles
11.2. Increasi...
P r o d u c t O v e r v i e w
5
© TechSci Research
Vehicle Segment Sub-Segment Customer Segment
Bicycle
Roadster
Individua...
R e s e a r c h M e t h o d o l o g y
6
© TechSci Research
A
C
B
Primary
Research
Company
Analysis
Desk
Research
 Identif...
R e s e a r c h M e t h o d o l o g y
7
© TechSci Research
Baseline Methodology:
For the study, TechSci Research has gathe...
R e s e a r c h M e t h o d o l o g y
8
© TechSci Research
Market Size Calculation Technique:
Primary Research
For the pre...
R e s e a r c h M e t h o d o l o g y
9
© TechSci Research
Secondary Research:
We also put through an exhaustive search of...
I n d u s t r y B r i e f
10
India Bicycle Market to Grow at CAGR 11%till 2021
Rising awareness about health benefits of c...
S a m p l e D a t a - S n a p s h o t
11
© TechSci Research
India Bicycle Market Size, By Value (USD Million), By
Volume (...
R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: India Bicycle Market By Type, By G...
© TechSci Research
13
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India Bicycle Market Forecast 2021 - brochure

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According to the www.techsciresearch.com report, “India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition Forecast and Opportunities, 2011 - 2021’’, bicycle market in India is projected to grow at a CAGR of over 11% during 2016-2021,

Report URL :- https://www.techsciresearch.com/report/india-bicycle-market-by-type-roadster-sports-and-kids-by-geared-vs-gearless-by-rim-size-26-inch-20-inch-28-inch-24-inch-18-inch-16-inch-29-inch-14-inch-12-inch-27-5-inch-and-others-competition-forecast-and-opportunities/827.html

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India Bicycle Market Forecast 2021 - brochure

  1. 1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition Forecast and Opportunities, 2011 - 2021
  2. 2. Ta b l e o f C o n t e n t s 2 © TechSci Research S. No. Contents 1. Product Overview 2 Research Methodology 3. Analyst View 4. India Bicycle Market Outlook 4.1. Market Size & Forecast 4.1.1. By Value & Volume 4.2. Market Share & Forecast 4.2.1. By Type (Roadster, Sports and Kids) 4.2.2. By Geared Vs Gearless 4.2.3. By Company 4.2.4. By Region 4.2.5. By Rim Size (26 Inch, 20 Inch, 28 Inch, 24 Inch, 18 Inch, 16 Inch, 29 Inch, 14 Inch, 12 Inch, 27.5 Inch and Others) 4.3. India Bicycle Market Attractive Index (By Region) 4.4. India Bicycle Market Attractiveness Index (By Bicycle Type) 5. India Sports Bicycle Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value & Volume 5.2. Market Share & Forecast 5.2.1. By Bicycle Type (Mountain, Hybrid and Racing) 5.2.2. By Rim Size (28 Inch, 26 Inch, 29 Inch, 27.5 Inch, & Others) 5.2.3. By Geared Vs Gearless 5.2.4. By Region
  3. 3. Ta b l e o f C o n t e n t s 3 © TechSci Research S. No. Contents 5.3. India Sports Bicycle Market Attractive Index (By Bicycle Type) 5.4. India Sports Bicycle Market Attractiveness Index (By Rim Size) 6. India Roadster Bicycle Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Rim Size (26 Inch, 24 Inch, & 28 Inch) 6.2.2. By Region 6.3. India Roadster Bicycle Market Attractiveness Index (By Rim Size) 7. India Kids Bicycle Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Geared Vs Gearless 7.2.2. By Rim Size (20 Inch, 18 Inch, 16 Inch, 14 Inch, & 12 Inch) 7.2.3. By Region 8. Supply Chain Analysis 9. Import-Export Analysis 10. Market Dynamics 10.1 Drivers 10.2. Challenges 11. Market Trends & Developments
  4. 4. Ta b l e o f C o n t e n t s 4 © TechSci Research S. No. Contents 11.1. Growing Demand for Premium Bicycles 11.2. Increasing Demand for Disc Brakes in Sports Bicycles 11.3. Increasing Sales of Bicycles through E-Commerce Channels 11.4. Rising Adoption of Tubeless Tires in Cycles 11.5. Growing Demand for Geared Bicycles in India 12. Policy & Regulatory Landscape 13. India Economic Profile 14. Competitive Landscape 14.1. Hero Cycles Ltd. 142. TI Cycles of India 14.3. Atlas Cycles (Haryana) Ltd. 14.4. Avon Cycles Limited 14.5. Starkenn Sports Private Limited 14.6. S. K. Bikes Pvt. Ltd. 14.7. Eastman Industries Limited 14.8. Seth Industrial Corporation 14.9. Naren International 14.10. Top Trak Bicycles 15. Strategic Recommendations 16. About Us & Disclaimer
  5. 5. P r o d u c t O v e r v i e w 5 © TechSci Research Vehicle Segment Sub-Segment Customer Segment Bicycle Roadster IndividualsSports Kids Cycle is defined as, “A non-motorized vehicle propelled by feet acting on pedals having two tandem wheels attached to a frame.” Classification According to Bicycle Type Product Definition
  6. 6. R e s e a r c h M e t h o d o l o g y 6 © TechSci Research A C B Primary Research Company Analysis Desk Research  Identifying Key Opinion Leaders  Questionnaire Design  In-depth Interviews  Market Participants  Key Strengths  Bicycle Portfolio  Recent Developments  Market Changing Aspects/Dynami cs  Government Policies  Final Conclusion  LinkedIn  TechSci Internal database  Factiva  Hoovers Paid Sources  Company Website  Company Annual Reports  White Paper Study  Financial Reports  Investor Presentations  Regulatory Body,  Associations, etc. Secondary Research Primary Research Data Collection Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution •In-depth secondary research was used to determine top players in the India Bicycle market, overall market size and segmental market size. Market Profiling •In order to conduct industry experts interviews, TechSci Research formulated a detailed questionnaire. Formulating Questionnaire •List of industry players, distributors, and industry specialists was developed. Developing list of respondents •TechSci Research conducted interviews with industry experts, industry players, for data collection and verification. Data Collection •Data obtained as a result of primary and secondary research was validated through rigorous triangulation. Data Validation •The data was scrutinized using MS-Excel and statistical tools such as Time Series analysis etc. to obtain qualitative and quantitative insights about India bicycle market. Data Analysis
  7. 7. R e s e a r c h M e t h o d o l o g y 7 © TechSci Research Baseline Methodology: For the study, TechSci Research has gathered information through primary research surveys with leading bicycle companies operating in India. We also put through an exhaustive search of credible paid databases such as Business Week, Factiva, Hoovers, etc., including our internal database. Our team of analysts has then prudently evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear picture of India bicycle market. While compiling the data, we have also cross-checked all the collected information from multiple sources and data warehouses, so as to present the most accurate and precise information of the concerned industry. Sampling Technique: While conducting the study, TechSci Research followed stratified random sampling technique to shortlist Key Opinion Leaders (KOLs) in various bicycle companies/dealers & distributors operating in India. KOLs based out of prominent bicycle companies/dealers & distributors were interviewed to identify the size of India bicycle market. Sample Size: KOLs No. of Respondents Mid to Senior Management, Sales Managers, etc., of Bicycle Companies/ Dealers & Distributors 40 Industry Experts 10 Total 50
  8. 8. R e s e a r c h M e t h o d o l o g y 8 © TechSci Research Market Size Calculation Technique: Primary Research For the preparation of India bicycle report, bottom-up model has been used, which has been later cross validated by using top-down approach. TechSci Research interviewed Senior Managers and Regional Sales Managers of the prominent bicycle companies/dealers & distributors using Delphi technique for calculating the market size of India bicycle market. Respondents were also asked about the current and future growth rates, market share by bicycle type, etc. All the information gathered was carefully analyzed. Data points which exhibited high deviations from the majority estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the volume data. Primary Research – Some of the Companies’ Dealers & Distributors Interviewed S. No. Company Dealers & Distributor Names 1. HERO CYCLES LTD. 2. TI Cycles of India 3 ATLAS CYCLES (HARYANA) LTD. 4. AVON CYCLES LTD. 5. Starkenn Sports Pvt. Ltd. 6. S. K. Bikes Pvt. Ltd. 7. Eastman Industries Limited
  9. 9. R e s e a r c h M e t h o d o l o g y 9 © TechSci Research Secondary Research: We also put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in addition to our internal database. Further analyses of credible publications, white papers, company’s annual reports, investor presentations, news articles, etc. were also analyzed to cross validate findings derived from primary research. Forecasting Technique: The team developed forecast on the basis of econometric and judgemental analysis in addition to statistical techniques such as averaging and geometric mean. During primary research interviews, questions regarding historical sales trend of bicycle market were put forward. Respondents were asked about the current and future growth rates, market share by bicycle type in India. In order to forecast India bicycle market, following forecast techniques were used: • Time Series Analysis • Econometric and Judgmental Analysis • Moving Average S. No. Few of the Secondary Source 1. AICMA 2. The Registrar General & Census Commissioner, India 3 Cycling Federation of India 4. World Bank 5. International Monetary Fund (IMF)
  10. 10. I n d u s t r y B r i e f 10 India Bicycle Market to Grow at CAGR 11%till 2021 Rising awareness about health benefits of cycling, increasing popularity of sports bicycles and implementation of favorable government schemes to propel India bicycle market through 2021 According to TechSci Research report, “India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition Forecast and Opportunities, 2011 - 2021”, the bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. This is also projected to drive sales of bicycles across the country in the coming years. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children. As per Census 2011, despite absolute increase in urban population in India, over 70% of the country’s population resides in rural areas. Share of the rural population in India’s total population, however declined from 72.19% in 2001 to 68.84% in 2011. Consequently, level of urbanization in the country increased from 27.81% in 2001 to 31.16% in 2011. Growing urban population base and rising demand for roadster bicycles from rural population is projected to drive growth in the country’s bicycle market in the ensuing years. “India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. Moreover, widespread presence of well-established network of dealers and distributors has been strengthening position of international bicycle manufacturers in India.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
  11. 11. S a m p l e D a t a - S n a p s h o t 11 © TechSci Research India Bicycle Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F 1 2 3 4 5 7 8 9 10 11 12 3 5 7 9 11 15 17 19 21 23 25 2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F Value (USD Billion) Volume (Million Units) Source:XXXXX Note: These are dummy figures; please purchase our report for actual data India Bicycle Market Share, By Company, By Volume, 2015-2021F 10% 10% 10% 10% 10% 10% 10% 15% 15% 15% 15% 15% 15% 15% 20% 20% 20% 20% 20% 20% 20% 25% 25% 25% 25% 25% 25% 25% 30% 30% 30% 30% 30% 30% 30% 2015 2016E 2017F 2018F 2019F 2020F 2021F Hero TI Atlas Avon Others* India Bicycle Market Attractiveness Index, By Region, By Volume, 2015-2021F 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 0.00 1.00 2.00 3.00 4.00 5.00 South West East North India Sports Bicycle Market Share, By Bicycle Type, By Volume, 2015-2021F 10% 10% 10% 10% 10% 10% 10% 20% 20% 20% 20% 20% 20% 20% 70% 70% 70% 70% 70% 70% 70% 2015 2016E 2017F 2018F 2019F 2020F 2021F Mountain Hybrid Racing India Sports Bicycle Market Share, By Region, By Volume, 2015 & 2021F West 2015 2021F --------------- X% X% South 2015 2021F --------------- X% X% East 2015 2021F --------------- X% X% North 2015 2021F --------------- X% X% 15% 15% 15% 15% 15% 25% Nepal Mozambique UK Zambia Poland Rest of World India Bicycle Exports Share, By Value, FY2016 India Kids Bicycle Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F 1 2 3 4 5 7 8 9 10 11 12 3 5 7 9 11 15 17 19 21 23 25 2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F Value (USD Billion) Volume (Million Units)
  12. 12. R e p o r t O r d e r i n g To View Sample OR Purchase Report Report Price Report Name: India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition Forecast and Opportunities, 2011 - 2021 License Type Price Electronic Access - Single User License $2500 CD-ROM Mail Delivery $3000 Hard Copy Mail Delivery $3500 Electronic Access - Multi-User License $5000 12
  13. 13. © TechSci Research 13 TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com About Us TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyzes of both industry- specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global OTR Tire Market, Competition Forecast & Opportunities 2011-2021 Latvia Tire Market Forecast & Opportunities, 2021 United Kingdom Tire Market Forecast and Opportunities, 2021 Partial List of Clients Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research. TechSci Research – Europe 54, Oldbrook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com A b o u t U s & D i s c l a i m e r

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