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The global bicycle bags and bag-packs market will expand at an promising 6% CAGR through 2029. As per a new study by Future Market Insights (FMI), the market for bicycle bags and bag-packs is largely influenced by increasing applications for college students, working commuters, gym workouts, local races, and international competitive events.<br><br>
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Demand for Bicycle Bags and Bag-packs Market Set for Stupendous Growth in and Post 2029, Buoyed by the Global COVID-19 Pandemic April 2020 Report Id : REP-GB-11176 Published On : 24-March-2020 Category : Retail and Consumer Products www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
Bicycle Bags and Bag-packs Market Analysis The global bicycle bags and bag-packs market will expand at an promising 6% CAGR through 2029. As per a new study by Future Market Insights (FMI), the market for bicycle bags and bag-packs is largely influenced by increasing applications for college students, working commuters, gym workouts, local races, and international competitive events. "Manufacturers are developing bicycle bags and bag-packs to target the growing demographic of women cyclists with increased focus on fashionable designs," reveals the FMI report. Key Research Findings • Cycle carrier bags will account for more than 89% of the overall market share through the forecast period. • Bicycle bags and bag-packs will continue to be targeted towards men through the forecast period. However, women-centric products will make substantial growth in the years ahead. • E-commerce channels of distribution, will lead the market in terms of revenue, driven by widespread internet penetration. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
Bicycle Bags and Bag-packs Market Analysis • Gains of the global bicycle bags and bag-packs market will remain largely concentrated in Asia Pacific, driven by a younger population, major cycling events and support of government initiatives. Key Growth Drivers • Strong bicycle long tour activities taking place among the global population of young people plays a major role in the growth of market. • Design innovations in bicycle bags and bag-packs for multi-functionality features to add to the global footprint of players. • High durability characteristics and easy product availability are major factors contributing to market growth. • The development of fashion-based accessories and designs will drive adoption among varied demographics. Key Impediments The bicycle bags and bag-packs market is facing continued challenges owing to the issues of inadequate bicycle friendly areas in many parts of the world. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
Bicycle Bags and Bag-packs Market Analysis Competition Structure Analysis - Bicycle Bags and Bag-packs Market The competition landscape of bicycle bags and bag-packs market is moderately fragmented. Key players are also investing in strategic collaborations within the industry to widen their range of product offerings. Players are also focusing their efforts towards product innovations and setting up contracts for celebrity endorsements. Some of the key players in the bicycle bags and bag-packs market include, but are not limited to Deuter Sport GmbH, Shimano Inc., Inertia Designs, Giant Manufacturing Company Ltd., Lone Peak Packs, Merida Industry Co.Ltd., Madden Equipment, Wiggle Ltd., MAINSTREAM-MSX, BROOKS ENGLAND, Velotransit, Recreational Equipment Inc., Trek Bicycle Corporation, Ortlieb USA, and Topeak, among others. Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-11176 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
Bicycle Bags and Bag-packs Market Analysis About the Report This report offers global, regional, and national level analysis on the latest trends in the industry influencing the bicycle bags and bag-packs market. The study provides actionable insights on the bicycle bags and bag-packs market on the basis of product type (cycle carrier bags and bag-packs), and sales channel (offline and online), across 30 countries spanning six key regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA). Source Link: https://www.accesswire.com/583453/Global-Sales-of-Bicycle-Bags-and-Bag- packs-to-Expand-at-6-CAGR-Through-2029-Cycle-Carrier-Bags-Account-for-90-Market- Share-Reveals-FMI-in-its-Report Explore Extensive Coverage of FMI's Retail & Consumer Products Landscape • Baby Cribs Market • Beard Oil Market • Baby Bottle Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
Bicycle Bags and Bag-packs Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact Us: Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Bicycle Bags and Bag-packs Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved
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