CAGR of 6.5% Anticipated in Bicycle Locks Market Forecast

Tue, 08 Apr 2025 10:49:08 +0000

According to the latest research by DataIntelo, the global Bicycle Locks Market is poised for remarkable growth, driven by the growing popularity of eco-friendly transportation and increasing concerns about bicycle theft. The market, valued at USD 1.45 billion in 2023, is expected to reach USD 2.12 billion by 2031, expanding at a CAGR of 4.9% during the forecast period.