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The Europe bicycle market is estimated to increase by USD 5.38 billion, growing at a CAGR of 4.4% between 2023 and 2028. The market is experiencing significant growth due to several key trends and factors. One of the primary drivers is the increasing awareness and emphasis on health and fitness, which has led to a rise in demand for bicycles as a cost-effective and eco-friendly mode of transportation and exercise. This growing interest also extends to bicycle sports and cycling enthusiasts, further boosting market demand. Another trend influencing the market is the rising popularity of bicycle rental services in Europe, providing greater accessibility to consumers and contributing to the overall growth of the market. However, the market faces challenges from the availability of affordable refurbished bicycles, which can impact the sales of new bicycles. Overall, the market is poised for continued growth, driven by these trends and factors, while navigating the challenges presented by the refurbished bicycle market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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