Bicycles are becoming more popular as a sustainable mode of transportation across the globe. People who are concerned about their health prefer to exercise and travel by bicycle. Bicycles are becoming more popular as a mode of transportation, which opens up opportunities for related industries such as gear and accessories. Fenders or mudguards are an important part of the bike.
In wet and slushy weather, bike fenders can be used as safety equipment. Bike fenders keep the cyclist’s shoes, clothing, and bicycle components dry. The tyres of the bicycle spray mud or water during movement, making further movement difficult. During the forecast period, 2018-2028, the bike fenders market is expected to grow due to an increase in the number of bicycles on the road.
Global Bike Fenders Market: Prominent Players
The major players of global bike fenders market are
- Euro fenders Srl.
- Mucky Nutz
- Planet Bikes
- 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.
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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