The bicycle, a prominent mode of sustainable transportation, is gaining popularity across various regions. People concerned about their health also prefer bicycles for both exercise and commuting. This preference for bicycle transportation has created opportunities for associated industries, including gear and accessories. Among these, bike fenders, or mudguards, play a crucial role.
Bike fenders serve as essential safety equipment, especially in wet and slushy weather conditions. They shield the cyclist’s shoes, clothing, and bicycle components from becoming soaked. When a bicycle is in motion, the tires tend to spray mud or water, which can impede further movement. Consequently, the bike fenders market is poised for growth, driven by the increasing number of bicycles in use during the forecast period from 2018 to 2028.
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Key Takeaways:
- Protection Against Elements: Bike fenders serve as essential accessories for cyclists, providing protection against water, mud, dirt, and debris that can be thrown up by the wheels during rides, especially in wet or muddy conditions. They help keep both the rider and the bike cleaner and drier.
- Enhanced Rider Comfort: By preventing water and mud from splashing onto the rider’s clothing, face, and back, bike fenders contribute to a more comfortable riding experience, especially during rainy or wet weather.
- Maintenance and Durability: Bike fenders play a role in minimizing the wear and tear on the bike’s components. By preventing debris from accumulating in sensitive areas like the drivetrain and brakes, fenders contribute to the overall longevity and reduced maintenance needs of the bicycle.
- Variety of Types and Styles: The bike fenders market offers a wide range of options to cater to various types of bicycles, including road bikes, mountain bikes, and commuter bikes. Different styles, materials, and attachment methods are available, allowing cyclists to choose fenders that suit their specific riding style and preferences.
- Quick Installation: Many bike fenders are designed for easy installation and can be mounted without the need for specialized tools. Quick-release mechanisms and universal fittings make it convenient for riders to attach and remove fenders as needed.
- Year-Round Use: While bike fenders are particularly popular during wet seasons, they can be useful year-round. In addition to rain and mud protection, fenders can also prevent dust and debris from accumulating on dry roads, contributing to a cleaner bike.
- Aesthetic Considerations: Bike fenders not only serve a functional purpose but can also contribute to the aesthetic appeal of a bicycle. Some cyclists prefer sleek and minimalist fender designs that integrate seamlessly with the bike’s overall look.
Competitive landscape:
The major players of global bike fenders market are
- Euro fenders Srl.
- SKS
- Mucky Nutz
- Velochampion
- Planet Bikes
- Sunlite
- Other players.
The key players of bike fenders are investing in the research and development of the product to attract more consumers. The subsequent work by manufacturers on providing the practical and economical product to the end users is expected to boost the global bike fenders market in the forecast period, 2018-2028.
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Global Bike Fenders Market: Segmentation
The bike fenders can be classified on the basis of bike type as mountain bikes, hybrid bike, road bicycle, and specialty bikes. The use of bike fenders are significant in road bicycles and are expected to hold maximum share in the forecast period.
The bike fenders can further be classified on the basis of materials as plastic, steel and iron and others.
The bike fenders market can also be classified on the basis of the buyer’s type as individual and institutional. An institutional segment is expected to hold a significant share of the global bike fenders market.
The bike fenders market can be classified on the basis of sales channel as direct-to-customer, sporting goods stores, modern trade channel and third-party online. Direct-to-Customer is expected to be the prominent sales channel and is anticipated to grow significantly in the near future.
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Questionnaire answered in the Market outlook Report of Bike Fenders include:
- What is the key strategy deployed by large players to maximize Bike Fenders Market growth?
- What are the main challenges faced by players in the Bike Fenders market Demand?
- With the advent of technological advancement, how will the Bike Fenders market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Bike Fenders market size?
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