Surging Oil Prices and Growing Focus on Conserving Natural Resources Will Directly Impact Bicycle Components Aftermarket Growth
The global bicycle components aftermarket, experiencing strong revenue growth, exceeded US$ 11 billion in 2018. At an estimated 6% Y-o-Y growth in the revenue, global bicycle components aftermarket is slated for healthy growth outlook in 2019 and ahead. A new research report of Future Market Insights (FMI) projects strong growth in the market revenue through bicycle components aftermarket sales over the course of coming years.
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