New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The Motorcycle And Bicycle Global Market Report 2021-30 by The Business Research Company describes and explains the global motorcycle and bicycle market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Motorcycle And Bicycle Global Market Report 2021 covers motorcycle and bicycle market drivers, motorcycle and bicycle market trends, motorcycle and bicycle market segments, motorcycle and bicycle market growth rate, motorcycle and bicycle market major players, and motorcycle and bicycle market size.
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The motorcycle and bicycle market report provides an in-depth analysis of the impact of COVID-19 on the global motorcycle and bicycle industry, along with revised market numbers due to the effects of the coronavirus and the expected motorcycle and bicycle market growth numbers 2021-2030.
Motorcycle And Bicycle Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global motorcycle and bicycle market is expected to grow from $74.36 billion in 2020 to $78.3 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $109.74 billion in 2025 at a CAGR of 9%.
The report covers the motorcycle and bicycle market’s segments-
1) By Type: Motorcycles And Parts, Bicycles And Parts, Motor Scooters, Other Motorcycle And Bicycle.
2) By Distribution Channel: Independent Retailers, Online Sales.
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