The growth in bicycle markets has impacted the availability of parts. With significant growth in demand for bicycles anticipated to last for five years and longer, parts remain in short supply. Covid closure of key manugacturing faciities has contributed to the market difficulties. Growth in demand for bicycles is spurred by conveninece and new technology. Momentum continues after the initial stimulus from Covid, because once people get accustomed to riging bicycles, they like it and wish to continue - whether for transportation, fun, or exercise.
The market research study provides insight into market driving forces, assessment of market opportunities, market share analysis, and market forecasts.
Bicycle Market Report Parts Supply Chain (WGR)
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