Road Bike Market to Reach USD 28.6 Billion by 2032 at 7.9% CAGR
The global Road Bike Market was valued at USD 15.4 billion in 2024, increasing from USD 11.2 billion in 2018, registering a 5.4% CAGR (2018–2024). With more than 520 million active cyclists worldwide and road bikes accounting for 34% of performance bicycle sales, demand continues to accelerate. The market is projected to reach USD 28.6 billion by 2032, expanding at a 7.9% CAGR...
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