The global bicycle market size was valued at $20,280.0 million in 2019. Furthermore, the bicycle maret growth is projected to reach $28,667.3 million by 2027, registering a CAGR of 4.8% from 2021 to 2027. The non-cargo electric bike segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to …
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Bicycle Market Size is Anticipated to Reach $28,667.3 Million by 2027, Top Manufacturers: Accell Group, Cervélo, Giant Bicycle, Olympus Bikes, Scott Sports SA and Others
Allied market research offers a latest published report on “Global Bicycle Market, 2021-2027“. In addition, the report on the global Bicycle Market sizing & forecasting, Y-o-Y growth analysis, and market dynamics, including growth drivers, restraining factors, opportunities, and trends covering the overall prospect of the market. A detailed analysis into the market position of Bicycle …
Bicycle Market Expected to Reach $28,667.3 Million by 2027 | Accell Group, Cervélo, Dorel Industries Inc
Asia-Pacific has gained considerable traction in the bicycle market growth, and is expected to grow with 6.40% CAGR during the forecast period “increase in interest among people in bicycle events and surge in participation in sports & leisure activities are expected to boost growth of the bicycle sportswear market. Furthermore, upsurge in disposable income is …