Bicycle Market Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Gaarti05 Jan, 2022Miscellaneous

Bicycles are frequently promoted by authorities as an ecologically friendly mode of transportation and are utilized as an efficient strategy to reduce pollution across the world. People can escape major traffic jams and get to their destination more quickly by riding. These factors are expected to contribute to the bicycle market's growth during the forecast period. Region-wise, Asia Pacific held 64% of the market share in 2020.