Bike Market Mountain Bike News
Cycling sales through all retail channels grew 75 in april to a total of about 1 billion in retail sales for the month according to the npd group.
Bike market mountain bike news. A mountain bicycle commonly referred to as mountain bike is meant for off road cycling. In a crowded mountain bike market full of capable trail bikes punching well above their weight the rascal stands out for its prowess both up and down the mountain. Our reports on mountain bike market provides a holistic analysis market size and forecast trends growth drivers and challenges as well as vendor analysis covering around 25 vendors. The global mountain bike market is set to grow at a cagr of close to 10 during the forecast period according to technavio s latest market research.
Trade your bike in for a new one. The fastest growing bicycle type in the market right now is electric. E bike sales totaled 77 1 million in 2017 up 91 percent over the previous. The global mountain bike market to grow at a cagr of 9 84 during the period 2017 2021.
It exhibits greater durability and performance in choppy terrains and is typically ridden on mountainous regions which have hard rocks loose dirt muddy or grassy tracks and steep slopes. In 2014 road was a larger bike category than mountain but since then the gap has flipped as sales of the latter have grown over the last three years while sports performance road bikes have slowed. The automotive giant will offer a folding model and compact model that will feature rechargeable front and rear lights and connected features inspired by gm s onstar system. Global mountain bike market.
It climbs like a nimble xc bike. Find your dream bike for less. Bike market sandton gauteng. We stock most popular pre loved mountain bike brands.
Npd said april was the first month since npd began tracking the cycling market that sales have reached 1 billion in a single month. Global mountain bike market 2017 2021 has been prepared based on an in depth market analysis with inputs. Press release t lab t lab the progressive titanium manufacturer based in montreal is pleased to announce the market launch of the phenom its very first mountain bike model. Typically april sales fall between 550 and 575 million.