Bicycle Industry Statistics 2018. 87 of store fronts are just a single location. The global bicycle market size was valued at usd 47 51 billion in 2017.
More and more people are beginning to turn to cycling not only for effective low cost transportation in the face of traffic congestion and unstable oil prices but also as a recreational and fitness activity. Who owns a. 2018 was a seminal year for our industry in general and retailers in particular townley said.
Port washington ny april 10 2018 the u s.
X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Household spending on cycling therefore totals more than 1 4 billion every year. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. In 2018 only 29 of brits had been cycling in the last 12 months.