The bicycle market in Asia, excluding China, was valued at close to four billion U.S. dollars in 2021. By 2027 the market is expected to grow to a value of 7.64 billion U.S. dollars. The year-on-year growth rate during this period is expected to predominantly vary between nine and twelve percent, with the exception of 2022 to 2023, when year-on-year growth is projected to exceed 16 percent.
Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027
(in billion U.S. dollars)
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Mobility Foresights. (July 31, 2021). Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/
Mobility Foresights. "Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars)." Chart. July 31, 2021. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/
Mobility Foresights. (2021). Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/
Mobility Foresights. "Bicycle Market Size in Asia, excluding China, in 2021, with a Forecast from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2021, https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/
Mobility Foresights, Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/ (last visited December 20, 2024)
Bicycle market size in Asia, excluding China, in 2021, with a forecast from 2022 to 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, July 31, 2021. [Online]. Available: https://www.statista.com/statistics/1356747/bicycle-market-forecast-asia/
