China: bicycle market size forecast 2021-2027
In 2021, the market size of bicycles in China reached a value of 5.35 billion U.S. dollars. It is estimated that the market size would increase with a compound annual growth rate (CAGR) of 10.86 percent from 2022 to 2027. The market for bicycles in China is expected to be worth nearly 10 billion U.S. dollars by 2027.