Product Code: ETC4929119 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Bhutan Bicycle Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 2.97% in 2025, climbs to a high of 5.82% in 2028, and moderates to 4.64% by 2029.
By 2027, the Bicycle market in Bhutan is anticipated to reach a growth rate of 5.35%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Bicycle Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Bicycle Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Bicycle Market - Industry Life Cycle |
3.4 Bhutan Bicycle Market - Porter's Five Forces |
3.5 Bhutan Bicycle Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Bhutan Bicycle Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bhutan Bicycle Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Bhutan Bicycle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bhutan Bicycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of eco-friendly transportation options |
4.2.2 Government initiatives promoting cycling as a means of reducing carbon emissions and promoting health |
4.2.3 Growing trend towards fitness and outdoor activities in Bhutan |
4.3 Market Restraints |
4.3.1 Limited infrastructure and cycling facilities in Bhutan |
4.3.2 High import duties on bicycles leading to increased prices |
4.3.3 Seasonal weather conditions affecting the feasibility of cycling in certain regions |
5 Bhutan Bicycle Market Trends |
6 Bhutan Bicycle Market Segmentations |
6.1 Bhutan Bicycle Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Bicycle Market Revenues & Volume, By Mountain Bikes, 2021-2031F |
6.1.3 Bhutan Bicycle Market Revenues & Volume, By Hybrid Bikes, 2021-2031F |
6.1.4 Bhutan Bicycle Market Revenues & Volume, By Road Bikes, 2021-2031F |
6.1.5 Bhutan Bicycle Market Revenues & Volume, By Cargo Bikes, 2021-2031F |
6.1.6 Bhutan Bicycle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Bicycle Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Bicycle Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Bhutan Bicycle Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Bhutan Bicycle Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Bicycle Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Bhutan Bicycle Market Revenues & Volume, By Women, 2021-2031F |
6.3.4 Bhutan Bicycle Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Bhutan Bicycle Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Bicycle Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Bhutan Bicycle Market Revenues & Volume, By Offline, 2021-2031F |
7 Bhutan Bicycle Market Import-Export Trade Statistics |
7.1 Bhutan Bicycle Market Export to Major Countries |
7.2 Bhutan Bicycle Market Imports from Major Countries |
8 Bhutan Bicycle Market Key Performance Indicators |
8.1 Number of cycling lanes and infrastructure improvements implemented |
8.2 Participation rates in government-sponsored cycling events or initiatives |
8.3 Number of bicycle rental services and shops opening in Bhutan |
9 Bhutan Bicycle Market - Opportunity Assessment |
9.1 Bhutan Bicycle Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bhutan Bicycle Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bhutan Bicycle Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Bhutan Bicycle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bhutan Bicycle Market - Competitive Landscape |
10.1 Bhutan Bicycle Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Bicycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |