| Product Code: ETC5405179 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Lithuania continued to witness a steady inflow of bicycle accessories imports from key countries such as China, Netherlands, Taiwan, Germany, and Poland. The Herfindahl-Hirschman Index (HHI) indicated a moderate level of market concentration, reflecting a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 11.18% over the period 2020-2024 signifies a robust expansion in the market. This trend highlights the sustained demand for bicycle accessories in Lithuania and the importance of maintaining trade relations with top exporting countries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Bicycle Accessories Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Bicycle Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Bicycle Accessories Market - Industry Life Cycle |
3.4 Lithuania Bicycle Accessories Market - Porter's Five Forces |
3.5 Lithuania Bicycle Accessories Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Lithuania Bicycle Accessories Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.7 Lithuania Bicycle Accessories Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Lithuania Bicycle Accessories Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Lithuania Bicycle Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness leading to a growing interest in cycling as a recreational activity. |
4.2.2 Government initiatives promoting cycling infrastructure and sustainability. |
4.2.3 Rising trend of cycling as a mode of transportation to reduce carbon footprint and promote eco-friendly practices. |
4.3 Market Restraints |
4.3.1 Seasonal variations affecting demand for bicycle accessories, with lower interest during winter months. |
4.3.2 High competition from online retailers impacting sales for traditional brick-and-mortar stores. |
4.3.3 Economic uncertainty leading to fluctuations in consumer spending on non-essential items like bicycle accessories. |
5 Lithuania Bicycle Accessories Market Trends |
6 Lithuania Bicycle Accessories Market Segmentations |
6.1 Lithuania Bicycle Accessories Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Bicycle Accessories Market Revenues & Volume, By Helmets, 2021-2031F |
6.1.3 Lithuania Bicycle Accessories Market Revenues & Volume, By Gloves & Warmers, 2021-2031F |
6.1.4 Lithuania Bicycle Accessories Market Revenues & Volume, By Jerseys/Tees, 2021-2031F |
6.1.5 Lithuania Bicycle Accessories Market Revenues & Volume, By LED Lights, 2021-2031F |
6.1.6 Lithuania Bicycle Accessories Market Revenues & Volume, By Mirrors, 2021-2031F |
6.1.7 Lithuania Bicycle Accessories Market Revenues & Volume, By Bottle Cages, 2021-2031F |
6.1.9 Lithuania Bicycle Accessories Market Revenues & Volume, By Bar Ends/Grips, 2021-2031F |
6.1.10 Lithuania Bicycle Accessories Market Revenues & Volume, By Bar Ends/Grips, 2021-2031F |
6.2 Lithuania Bicycle Accessories Market, By Bicycle Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Bicycle Accessories Market Revenues & Volume, By Mountain Bikes, 2021-2031F |
6.2.3 Lithuania Bicycle Accessories Market Revenues & Volume, By Hybrid/Cross, 2021-2031F |
6.2.4 Lithuania Bicycle Accessories Market Revenues & Volume, By Road, 2021-2031F |
6.2.5 Lithuania Bicycle Accessories Market Revenues & Volume, By Comfort, 2021-2031F |
6.2.6 Lithuania Bicycle Accessories Market Revenues & Volume, By Youth, 2021-2031F |
6.2.7 Lithuania Bicycle Accessories Market Revenues & Volume, By Cruisers, 2021-2031F |
6.2.8 Lithuania Bicycle Accessories Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Lithuania Bicycle Accessories Market Revenues & Volume, By Others, 2021-2031F |
6.3 Lithuania Bicycle Accessories Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Bicycle Accessories Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Lithuania Bicycle Accessories Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Lithuania Bicycle Accessories Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Bicycle Accessories Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Lithuania Bicycle Accessories Market Revenues & Volume, By Offline, 2021-2031F |
7 Lithuania Bicycle Accessories Market Import-Export Trade Statistics |
7.1 Lithuania Bicycle Accessories Market Export to Major Countries |
7.2 Lithuania Bicycle Accessories Market Imports from Major Countries |
8 Lithuania Bicycle Accessories Market Key Performance Indicators |
8.1 Number of cycling events and initiatives supported by the government or local communities. |
8.2 Percentage increase in the number of bike lanes and cycling-friendly infrastructure in Lithuania. |
8.3 Growth in the number of cycling clubs and communities promoting the sport. |
8.4 Average time spent on cycling activities per capita in Lithuania. |
8.5 Percentage of Lithuanian population owning bicycles. |
9 Lithuania Bicycle Accessories Market - Opportunity Assessment |
9.1 Lithuania Bicycle Accessories Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Lithuania Bicycle Accessories Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.3 Lithuania Bicycle Accessories Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Lithuania Bicycle Accessories Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Lithuania Bicycle Accessories Market - Competitive Landscape |
10.1 Lithuania Bicycle Accessories Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Bicycle Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |