Bicycle Trend

NPD news release reported: the U.S. bicycle industry is experiencing unprecedented growth momentum. At the end of 2021, sales in the United States were $8.3 billion. Although revenue decreased by 4%, this figure is still 45% higher than that in 2019 compared with 2020.

Retailers and manufacturers must now focus on four key initiatives which will lead the industry to another brilliant year in 2022: inventory management, price optimization, investment in key categories, and additional profits through value-added.

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