Bicycle Bags and Bag-packs Market to Face a Significant Slowdown in 2020, as COVID-19 Sets a Negative Tone for Investors - PowerPoint PPT Presentation

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Bicycle Bags and Bag-packs Market to Face a Significant Slowdown in 2020, as COVID-19 Sets a Negative Tone for Investors

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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. – PowerPoint PPT presentation

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Title: Bicycle Bags and Bag-packs Market to Face a Significant Slowdown in 2020, as COVID-19 Sets a Negative Tone for Investors


1
Demand for Bicycle Bags and Bag-packs Market Set
for Stupendous Growth in and Post 2029, Buoyed by
the Global COVID-19 Pandemic
Report Id REP-GB-11176 Published On
24-March-2020 Category Retail and Consumer
Products
  • April 2020

2
AboutFuture 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

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_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
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.

5
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.
6
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/cov
id19/rep-gb-11176
7
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/Glo
    bal-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

8
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
BudholiyaUnit No AU-01-H Gold Tower (AU), Plot
No JLT-PH1-I3A,Jumeirah Lakes Towers,
Dubai,United Arab EmiratesMARKET ACCESS DMCC
InitiativeFor Sales Enquiries sales_at_futuremarket
insights.com For Media Enquiries press_at_futurema
rketinsights.com Future Market Insights
For more insights on the Bicycle Bags and
Bag-packs Market,you can request a report sample
with full TOC
9
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contactHari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor,207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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