The global bicycle market size is estimated at USD 95.96 billion by 2028. It is expected to expand at a CAGR of 6.6%. The increase in number of people opting for bicycling as a form of leisure is anticipated to propel the growth. Preference for bicycle as a convenient form of exercise to ensure a healthy life, free from obesity and other disorders is expected to further drive the market expansion. The increase in number of people opting for bicycling as a form of leisure is anticipated to propel the growth. Preference for bicycle as a convenient form of exercise to ensure a healthy life, free from obesity and other disorders is expected to further drive the market expansion.
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Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years.
Top Key Players Profiled: Competitive Research
Some of the key industry participants are Giant Bicycles, Atlas Cycles Ltd., Derby Cycle, Trek Bicycle Corporation, Avon Cycles, SHANGHAI FOREVER IMPORT & EXPORT CO., LTD, Accell Group, Tube Investments of India Limited, Dorel Industries Inc., MERIDA BIKES, Tandem Group plc, Samchuly Bicycle, F.I.V. E. Bianchi S.p.A., Specialized Bicycle Components, and IndiaMART InterMESH Ltd.
The Bicycle market report has been prepared in a simple, easy-to-understand format. A number of tables and charts/figures are included to illustrate current and future market scenarios. The Bicycle report includes a detailed study of global and regional markets for various types of Bicycle and for the various applications for Bicycle in different fields and industries, with reasons given for variations in the growth of the industry in certain regions. Global Bicycle Market 2019-2028 presented by RFM examines market ecosystem, adoption trends, key drivers, restraints, competitive outlook, key challenges, future growth potentials, and revenue chain analysis. Also report provides detailed exploration and upcoming trends of this marketplace for Bicycle.
End User Outlook
With the particular base year and the historic year, certain estimations and calculations are performed in this Bicycle report. As today’s businesses insist the market research analysis before taking any verdict about the products, opting such market research report is essential for the businesses. The Bicycle market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world.
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Table of Content
Section 1 Bicycle Definition
Section 2 Global Bicycle Market Major Player Share and Market Overview
Section 3 Major Player Bicycle Business Introduction
Section 4 Global Bicycle Market Segmentation (Region Level)
Section 5 Global Bicycle Market Segmentation (Type Level)
Section 7 Bicycle Market Forecast 2019-2028
Section 8 Bicycle Segmentation Type
Section 9 Bicycle Segmentation Industry
Section 10 Bicycle Cost Analysis
Section 11 Conclusion
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Key Questions Answered In This Report
- What will the market size be in 2028 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
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