Global Bicycle Chain Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Material;

Carbon Steel, Alloy Steel, and Nickel Plated.

By Chain;

One Speed, and Derailleur.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn964604675 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Bicycle Chain Market (USD Million), 2020 - 2030

In the year 2023, the Global Bicycle Chain Market was valued at USD 1,063.91 million. The size of this market is expected to increase to USD 1,497.03 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The Global Bicycle Chain Market represents a pivotal segment within the broader cycling industry, serving as a critical component for the smooth operation of bicycles across various terrains and applications. This market is intricately tied to the worldwide cycling culture, encompassing a diverse range of consumers from recreational riders to professional athletes. The demand for bicycle chains is fueled by a multitude of factors, including the growing popularity of cycling as a recreational activity and a sustainable mode of transportation, particularly in urban areas where congestion and environmental concerns drive the adoption of alternative commuting methods. The rise of cycling as a competitive sport on both amateur and professional levels further propels the demand for high-performance bicycle chains designed to withstand rigorous riding conditions while optimizing power transfer and efficiency.

Geographic segmentation plays a significant role in shaping market dynamics, with regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa each contributing uniquely to the overall market landscape. For instance, in developed regions like North America and Europe, where cycling is deeply ingrained in the cultural fabric, consumers exhibit a strong penchant for premium-quality bicycle chains known for their durability, precision engineering, and smooth shifting performance. In emerging markets across Asia Pacific and Latin America, the market is driven by factors such as rapid urbanization, rising disposable incomes, and government initiatives promoting cycling infrastructure, which together foster a fertile environment for market expansion and product innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Chain
    3. Market Snapshot, By Region
  4. Global Bicycle Chain Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. More cycling boosts chain demand
        2. Enthusiasts want high-performance chains
        3. Cities drive commuter bike sales
        4. Better technology improves chain durability
      2. Restraints
        1. Supply chain disruptions impact production
        2. Safety worries about chain failures
        3. Lack of awareness about chain benefits
      3. Opportunities
        1. Custom options meet consumer needs
        2. Partnerships boost brand visibility
        3. Smart tech features attract customers
        4. Online sales reach more customers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bicycle Chain Market, By Material, 2020 - 2030 (USD Million)
      1. Carbon Steel
      2. Alloy Steel
      3. Nickel Plated
    2. Global Bicycle Chain Market, By Chain, 2020 - 2030 (USD Million)
      1. One Speed
      2. Derailleur
    3. Global Bicycle Chain Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Oriental Chain Mfg. Co., Ltd
      2. ASR Overseas
      3. Zhejiang Dong Mei Chain Co., Ltd.
      4. Metro Group
  7. Analyst Views
  8. Future Outlook of the Market