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.
Market value of bicycles in China in 2021, with forecast until 2027
(in billion U.S. dollars)
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Mobility Foresights. (July 31, 2021). Market value of bicycles in China in 2021, with forecast until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1350260/bicycle-market-size-china/
Mobility Foresights. "Market value of bicycles in China in 2021, with forecast until 2027 (in billion U.S. dollars)." Chart. July 31, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1350260/bicycle-market-size-china/
Mobility Foresights. (2021). Market value of bicycles in China in 2021, with forecast until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1350260/bicycle-market-size-china/
Mobility Foresights. "Market Value of Bicycles in China in 2021, with Forecast until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2021, https://www.statista.com/statistics/1350260/bicycle-market-size-china/
Mobility Foresights, Market value of bicycles in China in 2021, with forecast until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350260/bicycle-market-size-china/ (last visited November 22, 2024)
Market value of bicycles in China in 2021, with forecast until 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, July 31, 2021. [Online]. Available: https://www.statista.com/statistics/1350260/bicycle-market-size-china/
