The bicycle industry is expanding, driven by sustainability goals, health awareness, and government support for green mobility. E‑bikes remain the main growth catalyst, boosted by advances in smart technology. Key trends include innovation in e‑mobility, rising fitness and adventure cycling, and the spread of direct‑to‑consumer models.
Despite progress, the sector faces supply chain pressures and higher material costs. Europe and Asia‑Pacific lead the market thanks to strong cycling cultures, supportive policies, and well‑developed production and infrastructure.
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