Market Forecast By Bicycle Type (Mountain, Hybrid, Electric, Comfort, Youth, Cruiser, Road), By Product Type (Tube Tire, Tubeless Tire, Solid Tire), By Tire Size (Upto 12 inch, 12 to 22 inch, Above 22 inch), By Sales Channel (OEM, Aftermarket) And Competitive Landscape
Product Code: ETC314850 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Bicycle Tires Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 10.59% in 2025 and reaches 12.87% by 2029.
The Bicycle Tires market in Vietnam is projected to grow at a high growth rate of 11.92% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
In the context of a burgeoning bicycle culture and the promotion of eco-friendly transportation, the Vietnam Bicycle Tires market is gaining traction. The market is characterized by a diverse range of tire options catering to different terrains and cycling preferences. Manufacturers are focusing on durability, grip, and puncture resistance, aligning with the evolving needs of cyclists in both urban and rural areas.
The Vietnam bicycle tires market is experiencing robust growth, fueled by a combination of factors such as increased cycling enthusiasts, government initiatives promoting eco-friendly transportation, and a rising awareness of health and fitness. As more individuals opt for bicycles as a sustainable and healthy mode of transportation, the demand for durable and performance-oriented bicycle tires has risen. Manufacturers are responding to this demand with innovations in tire technology, including puncture-resistant materials and enhanced grip. The market is also buoyed by the surge in bicycle tourism and the growth of organized cycling events, contributing to the overall expansion of the Vietnam bicycle tires market.
Challenges in the bicycle tires market revolve around product durability, market saturation, and pricing. Consumers may prioritize affordability over quality, making it challenging for manufacturers to introduce premium products. Differentiating products based on durability, performance, and unique features becomes essential in a market where various options are available, requiring strategic marketing and education efforts.
The Vietnam Bicycle Tires Market underwent changes during the COVID-19 pandemic as cycling gained popularity as a recreational and fitness activity. The disruption in global supply chains and manufacturing activities affected the availability of bicycle tires, leading to fluctuations in prices and temporary shortages. With lockdowns and restrictions impacting public transportation, there was a surge in bicycle sales, driving the demand for tires. The market is now adapting to the evolving preferences of consumers, with an increased emphasis on durable and puncture-resistant bicycle tires. As the economy recovers, the bicycle tires market is expected to witness sustained growth driven by the continued interest in cycling as a lifestyle choice.
Leading the Vietnam Bicycle Tires market are key players like RubberKing, Vietnam Rubber Group, and Kenda Tire. Renowned for their durable and high-quality tire offerings, these companies contribute significantly to meeting the diverse needs of cyclists in Vietnam, from recreational riders to professional athletes.
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 Vietnam Bicycle Tires Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Bicycle Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Bicycle Tires Market - Industry Life Cycle |
3.4 Vietnam Bicycle Tires Market - Porter's Five Forces |
3.5 Vietnam Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.6 Vietnam Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Vietnam Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.8 Vietnam Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Vietnam Bicycle Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Bicycle Tires Market Trends |
6 Vietnam Bicycle Tires Market, By Types |
6.1 Vietnam Bicycle Tires Market, By Bicycle Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Bicycle Tires Market Revenues & Volume, By Bicycle Type, 2021-2031F |
6.1.3 Vietnam Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F |
6.1.4 Vietnam Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.5 Vietnam Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F |
6.1.6 Vietnam Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.7 Vietnam Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F |
6.1.8 Vietnam Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2 Vietnam Bicycle Tires Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F |
6.2.3 Vietnam Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F |
6.2.4 Vietnam Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F |
6.3 Vietnam Bicycle Tires Market, By Tire Size |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F |
6.3.3 Vietnam Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F |
6.3.4 Vietnam Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F |
6.4 Vietnam Bicycle Tires Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Vietnam Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Vietnam Bicycle Tires Market Import-Export Trade Statistics |
7.1 Vietnam Bicycle Tires Market Export to Major Countries |
7.2 Vietnam Bicycle Tires Market Imports from Major Countries |
8 Vietnam Bicycle Tires Market Key Performance Indicators |
9 Vietnam Bicycle Tires Market - Opportunity Assessment |
9.1 Vietnam Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.2 Vietnam Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Vietnam Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.4 Vietnam Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Vietnam Bicycle Tires Market - Competitive Landscape |
10.1 Vietnam Bicycle Tires Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Bicycle Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |