Product Code: ETC030061 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar bicycle parts and accessories market is expected to witness a CAGR of 6.6% during the forecast period. The growth of this market is mainly attributed to increasing demand for bicycles among adults, rising trend of fitness activities, growing health consciousness among people, and increasing disposable income in the region. Additionally, growing population along with rapid urbanization has also contributed significantly in driving the growth of Qatar bicycle parts and accessories market.
Increasing preference for healthy lifestyle among individuals have led to an increase in demand for bicycles as a form of exercise or recreational activity across all age groups especially adults which has been fuelling the growth of Qatar bicycle parts and accessories market. Furthermore, incentives offered by government towards cycling infrastructure development such as bike lanes have increased its popularity in recent years further boosting its sales globally including Qatar. In recent years there has been an increase in awareness about physical fitness activities around various countries including Qatar due to positive health benefits associated with it leading to rise in demand for outdoor sports equipment such as exercise bikes etc., thus propelling the overall sales figures.
Bicycle components are generally more expensive than those sold at department stores which affects adversely on their sale due to associated costs that may be incurred while purchasing them directly from manufacturers. Moreover, customers often prefer opting for cheaper alternatives available online or through retail stores. This can limit potential buyers who are unwilling to pay higher prices resulting into low profitability margins affecting negatively on overall revenue generation worldwide including Qatar. Riding a bike requires proper knowledge about safety rules like wearing helmets, reflective clothing etc., but lack of awareness regarding same could result into poor customer experience resulting into decrease in number new buyers entering this industry thereby hurting companies operating within this sector negatively throughout globe including Qatar marketspace.
The Qatar Bicycle Parts and Accessories market has been impacted by the Covid-19 pandemic. With travel restrictions, people around the world have switched to bikes as a form of transportation and recreation. This surge in demand for bicycles has driven up sales of bike parts and accessories in Qatar, leading to an increase in their prices. The pandemic also brought about disruption in supply chains, causing delays and higher costs associated with importing bicycle parts into the country. Additionally, a shift towards e-commerce platforms led to increased competition among online retailers offering bicycle parts and accessories.
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 Qatar Bicycle Parts and Accessories Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Bicycle Parts and Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Bicycle Parts and Accessories Market - Industry Life Cycle |
3.4 Qatar Bicycle Parts and Accessories Market - Porter's Five Forces |
3.5 Qatar Bicycle Parts and Accessories Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Qatar Bicycle Parts and Accessories Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Qatar Bicycle Parts and Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Bicycle Parts and Accessories Market Trends |
6 Qatar Bicycle Parts and Accessories Market, By Types |
6.1 Qatar Bicycle Parts and Accessories Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Transmission Parts, 2021-2031F |
6.1.4 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Frame & Forks Parts, 2021-2031F |
6.1.5 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Wheel Parts, 2021-2031F |
6.1.6 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Steering Components, 2021-2031F |
6.2 Qatar Bicycle Parts and Accessories Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Mountain Bicycles, 2021-2031F |
6.2.3 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Road Bicycles, 2021-2031F |
6.2.4 Qatar Bicycle Parts and Accessories Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Bicycle Parts and Accessories Market Import-Export Trade Statistics |
7.1 Qatar Bicycle Parts and Accessories Market Export to Major Countries |
7.2 Qatar Bicycle Parts and Accessories Market Imports from Major Countries |
8 Qatar Bicycle Parts and Accessories Market Key Performance Indicators |
9 Qatar Bicycle Parts and Accessories Market - Opportunity Assessment |
9.1 Qatar Bicycle Parts and Accessories Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Qatar Bicycle Parts and Accessories Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Qatar Bicycle Parts and Accessories Market - Competitive Landscape |
10.1 Qatar Bicycle Parts and Accessories Market Revenue Share, By Companies, 2024 |
10.2 Qatar Bicycle Parts and Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |