QYResearch: Global Bike Racks Market will continual growth at 5%, in 2022 the revenue of Bike Racks will reach around 400 M USD

Author: Zheng Xinghui   

Publisher: QYResearch

Global Bike Racks market growth quickly in last few years, According Global Bike Racks Market Research Report 2017 Published by QYResearch, in 2016 Global production 2.35 M Unit, in past five years average growth is around 5.2%, global revenue of Bike Racks is nearly 314 M USD .

Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports and Yakima Products are the key player in this industry.

Europe is the largest consumption place, with a consumption market share nearly 36% in 2016. Following Europe, USA is the second largest consumption place with the consumption market share of 33%.

Roof Mounted Bike Racks is the most popular product almost half of consumer choice it. Rear & Hitch Bike Racks is the product with highest growth.

In the next five years global Bike Racks Market will continual growth at 5%, in 2022 the revenue of Bike Racks will reach around 400 M USD.

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