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Bicycle Tires Market is expected to be valued at ~US$ 6.4 Bn in 2021, And set to expand at 7.7% CAGR between 2021 and 2031

Bicycle Tires Market is expected to be valued at ~US$ 6.4 Bn in 2021, And set to expand at 7.7% CAGR between 2021 and 2031
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Bicycle OEM Tires Market in Tires & Rubber Industry | Discover Company Insights in Technavio


Bicycle OEM Tires Market in Tires & Rubber Industry | Discover Company Insights in Technavio
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NEW YORK, July 19, 2021 /PRNewswire/
Set to grow by USD 1.20 billion during 2021-2025, Technavio s latest market research report estimates the bicycle OEM tires market to register a CAGR of over 6%. With a focus on identifying dominant industry influencers, Technavio s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Bicycle OEM Tires Market by Application and Geography - Forecast and Analysis 2021-2025 ....

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Global Bicycle Market 2021-2025 | Increase in Demand for Titanium-based Bicycles to Boost Growth


Bicycle Market by Distribution Channel, Product, End-user, Propulsion, and Geography - Forecast and Analysis 2021-2025
Regular physical activity often protects the body against diseases including heart disease, obesity, mental illness, cancer, diabetes, and arthritis. Riding a bicycle daily helps in keeping the body fit and reduces the risk of health issues associated with a sedentary lifestyle. Bicycles are also environmentally sustainable alternatives to cars and motorcycles as they do not contribute to carbon emissions. In addition, bicycles are less expensive compared to other vehicles such as cars or motorcycles that include high fuel as well as insurance and maintenance costs. Thus, several health, environmental, and economic benefits associated with bicycles are expected to drive the growth of bicycle market during the forecast period. ....

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