What is Bicycle Lock Shoes - Global Market?
The global market for Bicycle Lock Shoes was valued at approximately US$ 346.5 million in 2023 and is projected to grow to an adjusted size of US$ 490.2 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2024 to 2030.
Mountain Lock Shoes, Road Lock Shoes in the Bicycle Lock Shoes - Global Market:
This growth trajectory indicates a robust demand for bicycle lock shoes, driven by increasing awareness of cycling as a sustainable mode of transportation and a popular recreational activity.
Road Bikes, Mountain Bikes in the Bicycle Lock Shoes - Global Market:
The market's expansion is also supported by technological advancements in bicycle lock shoe designs, which enhance security and user convenience.
Bicycle Lock Shoes - Global Market Outlook:
According to the China Bicycle Association, in 2022, the operating income of China's bicycle and electric bicycle enterprises above a designated size reached 210 billion yuan, marking a year-on-year increase of 3%.
Report Metric | Details |
Report Name | Bicycle Lock Shoes - Market |
Forecasted market size in 2030 | US$ 490.2 million |
CAGR | 5.3% |
Forecasted years | 2024 - 2030 |
Segment by Type: |
|
Segment by Application |
|
By Region |
|
By Company | Sidi Alba, Specialized, Giro, Garneau, Five Ten, Fizik, Shimano, Giant, Bont, Crank Brothers, Bontrager, VENZO, Mavic, Look Cycle, Vittoria shoes, QUOC, Luck |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |