According to a recent report published by KD Market Insights, titled, Bicycle Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023, “the global Bicycle market accounted for USD 56,498.4 Million in 2017 and is estimated to reach USD 82,165.8 Million in 2023. Moreover, it is anticipated to flourish at a CAGR of 4.1% during the forecast period i.e. 2018-2023.
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