Leading Role for Hybrid Bicycle Category

DOETINCHEM, the Netherlands - In a recent bicycle market study, US market researcher Persistence, labelled hybrid bikes as the dominate category on the global market. According to Persistence’s classification, the hybrid bike now holds 38.5% of the market in value, followed by road (25.2%) and mountain bikes (24.2%).
European market annual growth rate is estimated at 4.9% between 2016 and 2024. – Photo Bike Europe