The global bicycle market is growing at a considerable CAGR of 6.5% during the forecast period. Time-efficient for a short distance and economical is considered as the prime factors affecting and driving the market. The increasing preference of people for non-polluting vehicles along with a growing number of events associated with cycling is also estimated […]
Tag Archives: Global Bicycle Market
The global bicycle market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Growing participation in outdoor recreational activities is anticipated to drive the growth of the global bicycle market. For instance, as per the data published by Outdoor Industry Association in 2020, 50.7 of Americans participated in at least one […]