Bicycle Components Aftermarket Projected to Hit USD 28.3 Billion by 2033, with 6.9% Growth Rate
The Bicycle Components Aftermarket, valued at USD 14 billion in 2022 and projected to reach USD 14.62 billion in 2023, is expected to grow at a robust CAGR of 6.9% from 2023 to 2033, ultimately reaching approximately USD 28.3 billion by 2033, as per FMI analysis. This growth is fueled by increasing demand for bicycle components, driven by escalating...
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