Published on in “Business, Business”, language — English. 3 pages.
The bicycle & components market was valued at US$ 45,080 million in 2016 and is projected to reach US$ 66,692 million by 2025, exhibiting a CAGR of 4.7% over the forecast period. Increasing concerns regarding fitness has urged individuals to use bicycles as a mode of routine exercise. Furthermore, novel designs of bicycles dedicated towards safety and comfort of the user has further boosted the adoption of various types of cycles across wide range of users based on their age, demographics, and i More
