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The Australia Bicycle Market: Growth, Trends, and Insights (2024-2032) | #australia bicycle market #cycling trends Australia #australian cycling industry #cycling culture Australia.

The Australia Bicycle Market: Growth, Trends, and Insights (2024-2032)

The Australia Bicycle Market: Growth, Trends, and Insights (2024-2032)

The Australian bicycle market, valued at AUD 2.81 billion in 2023, is expected to grow at a 4.99% CAGR to reach AUD 4.36 billion by 2032. Driven by e-bikes, increasing cycling infrastructure, and a growing demand for eco-friendly transport, the market shows strong potential for growth.