TECHGuru

  Bicycles in-Vogue Again as Demand for Environment-friendly Transportation Alternative on Rise The bicycle market has witnessed consistent growth over the past decade, primarily fueled by two major factors– the growing inclination toward a healthier lifestyle and increasing focus on safeguarding the environment. Although transportation continues to remain the primary application of bicycles, bicycles have garnered considerable popularity as an environment-friendly alternative. In addition, as the shift toward adopting a healthier lifestyle gains momentum across the world, mainly among the millennial population, bicycle sales have experienced exponential rise in the past few years. This trend is likely to continue during the forecast period. Advancements in technology coupled with the entry of an array of bicycles into the current market landscape are some of the leading factors projected to shape the growth of the bicycle market in the forthcoming decade. Current trends indicate ...

  Bicycles in-Vogue Again as Demand for Environment-friendly Transportation Alternative on Rise The bicycle market has witnessed consistent growth over the past decade, primarily fueled by two major factors– the growing inclination toward a healthier lifestyle and increasing focus on safeguarding the environment. Although transportation continues to remain the primary application of bicycles, bicycles have garnered considerable popularity as an environment-friendly alternative. In addition, as the shift toward adopting a healthier lifestyle gains momentum across the world, mainly among the millennial population, bicycle sales have experienced exponential rise in the past few years. This trend is likely to continue during the forecast period. Advancements in technology coupled with the entry of an array of bicycles into the current market landscape are some of the leading factors projected to shape the growth of the bicycle market in the forthcoming decade. Current trends indicate a...