DUBLIN, December 15, 2021 / PRNewswire / – The “European cycling market: size, trends and forecasts with impact analysis of COVID-19 (2021-2025)” the report was added to ResearchAndMarkets.com offer.

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The report provides regional analysis of the Bicycle Market including the following regions: Germany, France, Spain, Italy and rest of Europe. The report also provides a detailed analysis of the impact of COVID-19 on the cycling market.

The bicycle industry is segmented into traditional bicycles, e-bikes and parts, accessories and clothing. Traditional bicycles refer to a bicycle, which is a single-track, pedal-powered, human-powered vehicle having two wheels attached to a frame, one behind the other, while electric bicycles which are cycles with an integrated electric motor used for propulsion assistance.

Parts, accessories and clothing (generally abbreviated as PAC) which can be subdivided according to its type of product (spare parts, accessories and clothing), according to its end users (men, women and children), and by sales channels (offline and online).

While most industries around the world have been negatively impacted by COVID-19, the cycling market has been positively impacted by it. There has been a sudden increase in the demand for cycles, especially for e-bikes. This is due to the European Union’s concern to stick to reaching the zero emission objective by 2030 as stated in the Paris-Climate Agreement in 2015. Most European countries like Belgium, Denmark, Hungary, Latvia, and many others have focused on the cycling industry to persuade their economy to revive by helping to improvise cycling infrastructure.

The European cycling market has grown significantly over the years 2017-2020 and projections are made that the market will grow tremendously over the next four years, i.e. 2021-2025. The European cycling market is expected to increase due to the growing enthusiasm for cycling, preferences for maintaining a healthy lifestyle and people’s protective attitude towards the environment in recent times. Still, the market is facing some challenges such as volatility of commodity prices, high maintenance costs, etc.

The report also assesses the key opportunities in the market and describes the factors which are and will be driving the growth of the industry. The growth of the overall cycling market has also been forecast for the period 2021-2025, taking into account previous growth patterns, growth drivers and current and future trends.

The European cycling market is fragmented with many major market players operating across the globe. Manufacturers of bicycles and e-bikes produce different types of products to meet the needs of various industries.

The major players in the European cycling market are Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Accell Group NV and Trek Bicycle Corporation are also presented with their respective financial information and business strategies.

Main topics covered:

1. Summary

2. Presentation

2.1 Cycle: an introduction
2.2 Breakdown of cycling activities
2.2.1 Segmentation of traditional bikes
2.2.2 Segmentation of Electric Bikes
2.2.3 Parts, accessories and clothing (PAC) segmentation
2.3 Cycle history: chronology

3. Global market analysis

3.1 European cycling market: an analysis

3.1.1 European cycling market in value
3.1.2 European Cycling Market by Product Type (Traditional Bikes, Electric Bikes and Parts, Accessories and Clothing (PAC))

3.2 European cycling market: type analysis

3.2.1 European market for traditional bicycles in value
3.2.2 European market for electric bikes by value
3.2.3 European market for parts, accessories and clothing (CAP) in value

4. Regional market analysis

4.1 Cycling Market in Germany: An Analysis

4.1.1 Germany Cycling Market by Value
4.1.2 Germany Traditional Bicycle Market by Value
4.1.3 Germany Electric Bicycle Market by Value
4.1.4 Germany Electric Bicycle Market Value by Distribution Channel
4.1.5 PAC Market in Germany by Value
4.1.6 Market value of the PAC in Germany by distribution channel

4.2 Cycling market in France: an analysis

4.2.1 Cycling market in France by value
4.2.2 Traditional bicycle market in France by value
4.2.3 Electric bicycle market in France by value
4.2.4 France PAC market in value

4.3 Italian cycling market: an analysis

4.3.1 Italian cycling market in value
4.3.2 Italian Traditional Bikes Market by Value
4.3.3 Italy Electric Bicycle Market by Value
4.3.4 Italy PAC Market by Value

4.4 Spanish cycling market: an analysis

4.4.1 Spanish Cycling Market by Value
4.4.2 Spanish Traditional Bicycle Market by Value
4.4.3 Spain Electric Bicycle Market by Value
4.4.4 PAC Market in Spain by Value

4.5 Cycling market in the rest of Europe: an analysis
4.5.1 Cycling market in the rest of Europe in value

5. Impact of COVID-19

5.1 Impact of COVID on the European traditional bicycle market
5.2 Impact of COVID on the European electric bicycle market
5.3 Impact of COVID on European public transport
5.4 Impact of COVID on the European economy
5.5 Impact of COVID on European Cycling Funds

6. Market dynamics

6.1 Growth engine
6.1.1 Increase the health-conscious population in Europe
6.1.2 Growing concern about CO2 emissions
6.1.3 Increase in traffic congestion
6.1.4 Rapid urbanization
6.1.5 Price of volatile fuels
6.1.6 Tourism growth in Europe

6.2 challenges
6.2.1. Volatile aluminum prices
6.2.2 High maintenance cost

6.3 Market trends
6.3.1 Growing demand for renewable energy consumption
6.3.2 Fall in lithium-ion battery prices
6.3.3 Using the bamboo electric bicycle frame

7. Competitive landscape

7.1 European bicycle and electric bicycle market players: a financial comparison
7.2 Comparison of European Cycling and Electric Bike Online Market Players

8. Company profiles

8.1 Company overview
8.2 Financial overview
8.3 Business strategy

For more information on this report, visit https://www.researchandmarkets.com/r/14seu5

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