The mountain bike market is projected to post 5.4% CAGR by 2027

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According to a new report by tech research firm Technavio, the global mountain bike market is estimated to expand at a compound annual growth rate (CAGR) of over 5.4 percent from 2023 to 2027, with a growing emphasis on innovation and customer awareness. Electric mountain bikes (eMTBs) are gaining popularity. ...

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