Le Lézard
Classified in: Sports and recreation
Subject: SVY

India Bicycle Market Overview 2016-2022 - Key Players are Hero Cycles, Avon Cycles, TI Cycles, Atlas, Firefox Cycles and Starkenn Sports



DUBLIN, October 3, 2017 /PRNewswire/ --

The "India Bicycle Market Overview, 2016-2022" report has been added to Research and Markets' offering.

Research and Markets Logo

The bicycle market in India is expected to register a CAGR of more than 8% in terms of value during the forecasted period of 2016-17 to 2021-22.

The key domestic players in the bicycle industry are Hero Cycles, Avon Cycles, TI Cycles, Atlas, Firefox Cycles and Starkenn Sports. The top two players together constitute approximately 50% of the market revenues. Likewise, the share of all other key players is given in the report in value and volume terms both.

The bicycle industry has remained stagnant for a long time, but the winds are changing now, a lot is happening in the industry and in the country, due to which the market is set to grow in the future. The efforts made by manufacturers to grab the market through interventions like entering into joint ventures with foreign brands, revisions in the marketing and distribution strategies, introduction of wider product portfolio and innovations like carbon frames, etc. have impacted the market positively. On the other hand, the lifestyle changes in the society and inclination towards premiumisation in bicycles have also contributed to changed outlook towards bicycles.

Key Topics Covered:

1. Executive Summary

2. Global Bicycle Market Outlook

3. India Bicycle Market Outlook

4. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/c3ncd3/india_bicycle

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


These press releases may also interest you

at 15:06
The city's streets welcomed close to 11,000 registered runners as part of the Oasis International Marathon de Montréal's marathon and half-marathon events held on the 28ty edition of the event. Participants, aged 13 to 82, represented 61 different...

at 10:00
Riders participating in Soldier Ride Across America will relay more than 3,300 miles from New York City to San Diego, California, to mark the 15th anniversaries of Soldier Ride® and Wounded Warrior Project® (WWP). The riders are wounded warriors with...

at 07:00
The Honourable Seamus O'Regan, Minister of Veterans Affairs and Associate Minister of National Defence, issued the following statement today on the 11th annual Canada Army Run: "In its 11th year, the Canada Army Run continues to inspire Canadians and...

22 sep 2018
SALT LAKE CITY, Sept. 22, 2018 /PRNewswire-PRWeb/ -- cbdMD's partnership with Global Rallycross (GRC) driver Steve Arpin officially kicks off this weekend at the 3rd Annual Nitro World Games, taking place at the Utah Motorsports Campus outside of...

22 sep 2018
The first races of the 2018 Oasis International Marathon de Montréal race week-end got underway today, starting with the 5 km (sponsored by Sports Experts) and 10 km events. More than 7,000 registered participants enthusiastically gave it their all...

22 sep 2018
cbdMD's partnership with Global Rallycross (GRC) driver Steve Arpin officially kicks off this weekend at the 3rd Annual Nitro World Games, taking place at the Utah Motorsports Campus outside of Salt Lake City, Utah. The...




News published on 3 october 2017 at 18:00 and distributed by: