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Australia Bicycle Market: Trends, Growth, and Future Outlook (2024-2034) | #australia bicycle market #australian cycling market #electric bicycles Australia #bicycle market growth Australia

Australia Bicycle Market: Trends, Growth, and Future Outlook (2024-2034)

Australia Bicycle Market: Trends, Growth, and Future Outlook (2024-2034)

The Australia bicycle market, valued at AUD 2.95 billion in 2024, is expected to grow at a CAGR of 4.99% to reach AUD 4.80 billion by 2034. Key drivers include the rise of e-bikes, eco-friendly transportation, and cycling for health and commuting. The market is set to benefit from innovati