Intercity Bus Travel Market – Global Industry Growth and Forecast – 2028

The global intercity bus travel market is poised to grow at rapid pace during the forecast period of 2019 to 2028. This growth can be attributed to increased use of intercity buses for travelling by a major population from all across the world. Generally, travelers use the intercity bus services for going from one town to another. Government agencies or private agencies provide these transportation services on profit or no-profit-no-loss basis.

An upcoming research report from TMR on the intercity bus travel market gives bird’s eye view of this market. It offers precise analysis of key elements supporting or hindering market growth. The report offers helpful insights of the intercity bus travel market for the forecast period of 2019 to 2028.

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Global Intercity Bus Travel Market: Growth Dynamics

Major population from all across the world is inclined toward the use of public transport such as intercity bus services. One of the key reasons for this shift in consumer behavior is growing awareness about the environmental-friendliness of this service. In addition to this, the global intercity bus travel market is expected to grow at stupendous rate during upcoming period on the back of the cost-effective nature of the services offered by the players working in this market.

Intercity buses help in producing less carbon dioxide compared to other travelling options. Thus, increased use of these services can help in conservation of environment. These buses do not take a halt at every stop. As a result, travelers can reach to their desired place in minimum possible time. Owing to this feature, there is considerable increase in number of people who prefer travelling through intercity buses. As a result, vendors working in the global intercity bus travel market are gaining remarkable expansion opportunities in worldwide locations.

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Global Intercity Bus Travel Market: Competitive Analysis

The global intercity bus travel market is fairly fragmented in nature. Presence of considerable number of players connotes that the competitive landscape of the market for intercity bus travel is highly intense. Vendors working in intercity bus travel market are using diverse strategies to gain the leading position. Several players are focused on improving their services. For his purpose, they are incorporating advanced features in their travel systems. A case in point here is announcement by Greyhound Lines. In its announcement, the firm stated that it has rolled out digital timetables at the terminals of around 50 cities in North America. This move will boost the growth of intercity bus travel market in region.

The list of key players in the global intercity bus travel market includes:

• Green Tortoise
• Central Greyhound Lines
• LimoLiner
• Academy Bus
• Flixbus
• Onebus

Global Intercity Bus Travel Market: Regional Assessment

The global intercity bus travel market is spread across five key regions, namely, North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. Of them, Asia Pacific is one of the leading regions of the market for intercity bus travel. Intercity bus services are available in rural areas of this region. Moreover, these services play a key role in maintaining and advancing the rural public transit systems. This factor will drive the growth of the intercity bus travel market as the major population in developing countries such as India is living in rural area. Apart from this, the market is expected to gather considerable revenues in Europe and North America.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Air Springs Market Trend | COVID-19 Pandemic Impact, Size, Share and Forecast to 2030

In the automotive industry, the use of air suspension system is extensive and this has substantially increased the demand for air springs in the sector. Besides, the changing conditions of terrain and increased user demand for effortless and convenient driving is anticipated to trigger sales of air springs. This factor is likely to support growth of the global air springs market over the timeframe of analysis, from 2020 to 2030.

The growth of the global air springs market is expected to be driven by the aftermarket part of the business as well. After a pre-determined range of driving, it is essential to replace the air springs, which is likely to augur well for the market in the years to come. In addition, several technological developments have brought in new composites and designs that are to be utilized in air springs.

These developments are expected to open up new growth avenues for the global air springs market in the years to come. Air springs are being utilized in various heavy-duty vehicle suspension systems for almost a century. In these applications, compressed air needed for braking system is utilized to prove to be useful in these applications. Such multiple uses of the product is likely to support growth of the global air springs market over the tenure of assessment, from 2020 to 2030. These springs offer extra comfort and improve the overall quality of the ride.

Product type, end user, and region are the three important parameters based on which the global air springs market has been classified.

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Global Air springs Market: Notable Developments

One of the important market developments that give a quick view of the dynamics pertaining to the global air springs market is mentioned as below:

• In October 2019, Germany-based Continental AG introduced a lightweight air spring that is capable of diminishing the weight of conventional vehicle by 15 kgs. It is considered as the latest technological breakthrough by the company.

Some of the prominent organizations in the global air springs market comprise the below-mentioned:

• Firestone Industrial Products Company, LLC
• Continental AG
• Dunlop Systems and components
• Hendrickson USA, L.L.C.
• Tata AutoComp Systems Ltd
• VDL Weweler-Colaert nv

Global Air springs Market: Key Trends

The global air springs market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Use of Trucks in Various Trading Activities to Fuel Demand in the Market

There has been a steady rise in the manufacturing of commercial vehicles all over the world. This rise in production of vehicles is fuelled by trading activities that involve transportation of goods. Furthermore, these business activities are increasingly opting for local transport systems due to economic viability. The increase in the production of commercial vehicles, especially in rapidly developing parts of the world is anticipated to encourage growth of the global air springs market over the timeframe of analysis, from 2020 to 2030.

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Trucks account for a sizeable chunk of the total demand for air springs generated worldwide. Truck racing has recently gathered much attention and is gradually gaining popularity, which has prompted leading truck companies to make investment in truck racing championships. These racing trucks require improved safety features that enable integration of air spring suspensions, thereby driving the growth of the global air springs market in the years to come. In a bid to facilitate better performance of racing trucks, investment are being made to develop improved and technologically advanced air springs.

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Yacht Charter Market 2020- COVID-19 Analysis, Size, Share to Witness Uptrend with Robust Sales Volume

Transparency Market Research has published a new report on the global yacht charter for the forecast period of 2019–2027. According to the report, the global yacht charter market is projected to reach ~US$ 25.5 Bn by 2027, expanding at a CAGR of ~7% during the forecast period.

Global Yacht Charter Market: Key Insights

• According to the report, the global yacht charter market is projected to witness major expansion owing to the emergence of luxury tourism across Asia Pacific.
• Shift of consumer trend from ownership to rental is anticipated to drive the yacht charter market.
• Newer business models are emerging regarding yacht charters, such as skippered charters or cruise style charters.

Expansion of Global Yacht Charter Market

• The high cost associated with yacht ownership is encouraging customers to opt for yacht charter instead of buyouts. A yacht charter is a more economic travel scheme, as consumers pay only once during the usage as against for ownership, and can fly to the destination and then charter rather than sail to the destination, saving time and fuel. Consumer preference associated with owing luxury assets such as yachts is changing, and people are more acceptable towards charter services, which is estimated to drive the yacht charter market.

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• Remote destinations such as Alaska, U.S., Sea of Cortez U.S., Antarctica, and Micronesian islands in Asia Pacific are gaining popularity among tourists, which, in turn, is estimated to boost the yacht charter market.
• Increased popularity of yacht charters for corporate events and business affairs is anticipated to drive market growth.
• Flag state rules, regulatory uncertainties, and cross-border operations are likely to hamper the growth of the yacht charter market.

Based on yacht size, the medium segment held a leading share of the yacht charter market. The small segment also held a significant share; however, demand is gradually shifting toward mid-sized yachts, owing to the preference for luxury.

In terms of customer, the corporate and retail segments accounted for leading shares of the global yacht charter market. Chartered yachts are increasingly being utilized for corporate events, worldwide. Yachts chartered by corporates are emerging as a venue for investors’ meets and client presentations. The retail segment comprises travel agencies and brokers who book yachts. Retailers manage the travel, negotiations, contracts, and taxes related to hiring a yacht, which saves the end user from these hassles.

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Regional Analysis of Global Yacht Charter Market

In terms of region, the global yacht charter market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe held a notable share of the global yacht charter market, owing to the high demand from areas surrounding the Mediterranean Sea. The yacht charter market in Europe has been expanding, owing to the high preference for nautical tourism in the region. Croatia and Greece, together, held a major share of the yacht charter market in Europe, due to scenic coastlines and rise in nautical tourism in these countries.

Global Yacht Charter Market: Key Players

Prominent players operating in the global yacht charter market include Boat International Media Ltd., Boatbound Inc., Burgess, Charter Yachts Australia, CharterWorld LLP, Dream Yacht Charter, Fairline Yacht, Fraser Yacht, Incrediblue Ltd., Inter Yacht Charter, Mertello Yachting and Company, Nicholson Yachts, Northrop & Johnson, Sailing Thailand Island Cruises Co., Ltd., Simpson Marine, Super Yacht Logistics, LLC., Thai Charters, West Coast Marine Yacht Service Pvt Ltd., Yacht Charter Fleet, Yachtico, Inc., and Zizooboats GmbH.

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Truck Rental Market 2020- COVID-19 Analysis, Share, Growth, Opportunities and Forecast To 2030

The global truck rental market is estimated to expand at a CAGR of ~10% and reach US$ 204.2 Bn by 2030, driven by preference for rental model over purchase. The global truck rental market is expected to expand exponentially during the forecast period. Developed regions such as North America and Europe account for notable share of the global truck rental market. China and ASEAN countries are likely to witness significant increase in adoption of truck rental services.

Expansion of Truck Rental Market

The increased participation of small transport companies with low capital has boosted the truck rental market. Truck rental is an effective mode of using trucks without having to pay high cost associated with their purchase. Truck rental enables a company to save its investment in assets and pool its revenue in other business operations. Truck rental is an attractive option as compared to direct purchase, as a majority of transportation companies operating worldwide are small to medium in size. The rise in urbanization and trade volume has fueled transport volumes.

Moreover, rapid expansion of the e-Commerce market across the globe propels the demand for trucks, which, in turn, is anticipated to drive the truck rental market. The increased trend of online shopping is a major factor driving road transportation for delivery of goods, which is likely to boost the truck rental market across the globe. Truck rental is expected to gain significant popularity, as major automakers, including Volvo, PACAAR, and Daimler have started offering truck rental services.

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Leading Segments of Truck Rental Market

Based on lease type, the full service rental segment held a leading share of the truck rental market in 2019. Full service lease includes maintenance cost, and sometimes even drive support and fuel cost. Full service/rental is convenient for smaller transportation companies, and is thus, gaining high demand in the global market. In terms of truck type, the medium duty trucks segment held a dominant share of the truck rental market in 2019, owing to their extensive application in numerous industries, such as FMCG and food & beverages, and wide usage in last mile deliveries.

Regional Analysis of Truck Rental Market

The global Truck rental market has been segregated into North America, Europe, East Asia, South APAC, Middle East & Africa, and Latin America. North America, Europe, and Asia Pacific together held a prominent share of the global truck rental market. North America held a major share due to high adoption of truck rental in transportation companies and shippers, and availability of high number of truck rental providers in the region.

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Truck Rental Market Players

Prominent players operating in the global truck rental market include Daimler AG, PACCAR Leasing Company, Ryder System Inc., MAX Rental.lu AG, The Larson Group, Europcar, SIXT, Fetch Truck Rental, Imperial Truck Rental, Element Fleet Management Corp., U-Hual International Inc., Budget Truck Rental LLC, and Enterprise Holdings Inc.

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Robotics End of Arm Tooling Market Share, Status, SWOT Analysis and Forecast to 2025

End of arm tooling are devices by which a robot interrelates with other machines around it, conducting, clutching, and operating on various parts. An end-effector is one of the prime parts and an important component of the robotic system. Advent of technology has led to improvement in end-effector to execute different set of tasks according to the program. Robots with multiple arms comprise multiple end-effectors. Rise in adoption of developed robots in food and beverages industry is likely to drive the growth of robotics end of arm tooling over the forecast period.

Rise in the popularity of washdown robots enabled with sophisticated end of arm tooling is likely to gain traction in the robotics end of arm tooling market. Washdown robots are enabled with an end-effector that can clean things chemically and is also capable of cleaning on flat surfaces that inhibit the food elements from adding on the floor.

Extensive implementation of robotics end of arm tooling in the processing and packaging industry is likely to gain traction for the popularity of washdown robots in the food and beverages industry. High infrastructural cost involved in the development of robotics end of arm tooling is expected to restrain the growth of the market. Development of the healthcare sector in recent times is likely to expand the growth opportunity for the robotics end of arm tooling market over the forecast period.

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The robotics end of arm tooling market is bifurcated into application and industry verticals. By application, the market is segregated into welding, logistics, painting, material handling, assembly line, inspection and others. Assembly line held the dominant share of the robotics end of arm tooling market in 2016 and is likely to retain its position over the forecast period. Surge in the application of assembly line robots in the non-automotive and automotive sector is likely to drive the growth of the robotics end of arm tooling market over the forecast period.

By industry vertical, the robotics end of arm tooling market is segmented into semiconductor & electronics, automotive, pharmaceuticals, food & beverage, industrial machinery and others. Automotive industry is likely to hold majority of the market share of the robotics end of arm tooling market by the end of the forecast period. Automation in factories along with need to increase the production capacity of factories is expected to drive the growth of this segment over the forecast period. Food & beverage is the most attractive market owing to the rise in usage of robots to increase the production capacity and efficiency.

By geography, the robotics end of arm tooling market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific held the dominant share of the robotics end of arm tooling market in 2016 and is predicted to retain its position over the forecast period. Rise in implementation of green and sustainable packaging methods is expected to fuel the growth of the robotics end of arm tooling market over the forecast period.

Growing healthcare sector has created more scope of expansion for development of drugs and innovation of packaging technologies. China is one of the major contributors of growth in this region owing to the wide expansion of medicine production capabilities and exports of medicine across its own territory. Europe held a considerable market share due to the developed healthcare sector in this region. Middle East & Africa is likely to have an increasing market share in the robotics end of arm tooling market over the forecast period.

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Major players in the robotics end of arm tooling market are Applied Robotics, ATI Industrial Automation, Robotiq, ASS End of Arm Tooling, EMI, Bastian Solutions, Vacucom, IPR Robotics, Motion Control Robotics, Schunk, FIPA, and Pneubotics, among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Hair Extensions Market Research, Review, Applications And Forecast To 2027

Hair extensions are also known as hair weaves or artificial hair integrations, which are utilized to add volume, length, or both to hair. Hair extensions are generally sewn or glued or clipped to natural hair by addition of synthetic or human hair. The main purpose of use is to add to the length of the human hair. However, it could also act as a cover up for a bad haircut and can also add some dimension and color to one’s. The significance of hair extension in hair and beauty applications is expected to support growth of the global hair extensions market in the years to come.

The willingness to better physical appearance is another major growth factor for the global hair extensions market. The rise in per head income and subsequent rise in disposable income of the people is expected to sales of personal care and beauty products. This, in turn, is expected to work in favor of the global hair extensions market over the tenure of assessment.

Type, fitting type, category, sales channel, and region are the five important parameters based on which the global hair extensions market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global Hair Extensions market.

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Global Hair Extensions Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global hair extensions market is mentioned below:

• In 2019, US-based Beauty Industry Group made an acquisition of two prominent brands dealing with hair care and grooming, Luxury Hair Co. and Hidden Crown. This acquisition is estimated to improve the sales of products of the Beauty Industry Group and expand its presence.

Some of the prominent organizations in the global hair extensions market include the below-mentioned:

• Anhui Jinruixiang Hair Product Co. Ltd.
• His & Her Hair Goods
• Diamond Hair Company
• Hair Visions International
• Shake-n-Go (SNG) Fashion
• Aderans Co., Ltd
• Hud-Son Forest Equipment

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Global Hair Extensions Market: Key Trends

The global hair extensions market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Sale through Online Distribution Channel to Drive Growth of the Market

The growing acceptance of hair extensions amongst various global actors and celebrities is estimated to act as key growth factor for the global hair extensions market. Hair extensions have gained augmented popularity in the fashion and entertainment sector. Rise in the incidences of alopecia, particularly in people from African origin is estimated propel growth of the global hair extensions market over the tenure of analysis.

Hair extensions made from human hair is costlier than synthetic hair, as such it improves affordability of hair extensions made from synthetic hair. However, the cost of extensions made from human hair is declining, which is likely to prove beneficial for manufactures of hair extensions. This is likely to play an important role in helping the manufacturers source such hair extensions at better prices.

Hair extensions are primarily sold through retail and online sales channels. Use of various online shopping websites, such as Amazon.com, E-bay are further facilitating the sale of hair extensions. This factor is likely boost the growth of the global hair extensions market in the years to come.

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Flexible Electronic Products Market Trend | COVID – 19 Outbreak, Players and Forecast to 2027

 

• Flexible electronics is a concept also known as flex circuits, which refers to the assembly of electronic circuits over flexible substrates such as a transparent conductive polyester, PEEK, or polyimide
• Flexible electronics are increasingly designed into various products, which encompasses both consumer and industrial sectors
• Some of the common categories of flexible electronic products include mobile phone displays, sensory components in airplanes and cars, human health performance tools, and security tags
• Flexible electronics have evolved greatly over the past decade. A few years back, such electronics were capable of being stretched up to 70%, whereas now they can be stretched to an exceptional extend of their actual length.
• The ability of semiconductors to become more stretchable, smaller, and thinner has significantly contributed to the development of novel flexible electronic products

Emerging Trend of Foldable Displays to Drive the Global Flexible Electronic Products Market

• The smartphone industry over the years has evolved tremendously. In the near future, more smartphone manufacturers are anticipated to incorporate flexible screen features to their phones, which in turn is expected to remarkably boost the overall flexible electronic products market.
• Not only smartphones but other consumer electronics such as TVs with foldable screens are expected to drive the demand for flexible electronic products

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Growth Opportunities for the Market Aligned with Innovation in Flexible Electronic Technology

• With the advent of flexible electronics, prominent players in the electronics industry are encouraged to differentiate their offerings, making the market further competitive
• Manufacturers in the industry are considering the latest innovations in flexible electronics as an opportunity to introduce more competitive products in the market
• These new products are expected to target various other industries including automotive, healthcare, aerospace, and defense

High Cost of Products Likely to be a Major Challenge to the Market

• Despite their ability to offer exciting new features to conventional electronic products, the upcoming flexible electronic products in the market are anticipated to remain relatively more pricey than the usual electronic products

Asia Pacific to Hold Leading Share of the Global Flexible Electronic Products Market

• In terms of geography, the global flexible electronic products market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the flexible electronic products market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The flexible electronic products market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific dominated the global market in 2018 in terms of sales; however in terms of maturity, the region lags behind North America as well as Europe. This provides market players with the room for growth in the near future.
• The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period.

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Women’s Bicycle Market 2020- Forecast, Size, Overview, Price, Demand and Forecast to 2030

The women’s bicycle market is predicted to register handsome growth in the forthcoming years. Rising practice of uptake of physical activity for exercise among women is resulting in massive demand for women’s bicycle. In urban areas, middle-aged women are increasingly indulging in sport activities such as bike riding to beat work-related stress and mid-life crisis.

Product type, technology, price, distribution channel, and region are the various criteria based on which the women’s bicycle market is studied.

The report on the women’s bicycle market delves into demand drivers, restraints, and growth opportunities to provide insightful information of growth of the said market over the 2020 – 2030 forecast period. Furthermore, the report covers emerging trends, regional dimension, and competitive scenarios which makes it a useful instrument for stakeholders in the women’s bicycle market. Lastly, the impact of the ongoing COVID-19 pandemic and disruptions in manufacture and sales of women’s bicycle globally is included in this report.

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Women’s Bicycle Market: Competitive Landscape

The women’s bicycle market features dominance of some large players that have global presence. R&D for avant-garde products is the focus of large players to consolidate their position in the women’s bicycle market. Brand name and trust of consumers have also helped these players establish their position in the women’s bicycle market. However, competitive prices of a few small players that mostly have presence in regional markets is increasing their shares in these regions.

Top-tier players in the women’s bicycle market include Samchuly Bicycle Co. Ltd., Merida Industry Co. Ltd., Accell Group N.V., Trek Bicycle Corporation, Giant Manufacturing Co. Ltd., Tandem Group plc, Dorel Industries Inc., Tube Investments of India Limited, and Atlas Cycles Limited.

Women’s Bicycle Market: Key Trends

Rapid rise in bike riding practices among urban women for fitness is a key factor behind the growth of women’s bicycle market. Urban women, mainly of middle-age are increasingly taking up sport activities to stay fit and beat stress. Bike riding groups, bike riding clubs are increasingly becoming popular for women to have different types of bike riding experiences.

Rising environment awareness leading to reduced use of motorized vehicles is also fuelling the women’s bicycle market. Individuals both men and women are increasingly reducing the use of motorized vehicle to curb carbon emissions. Individuals are now using bicycles to complete work that are at short distances, and sometimes even for long distances.

Availability of power bikes also known as electric bikes has led to surge in demand for women’s bicycle. Power bikes do not require hard pedaling, and are much suited for long, steep hills that make them choice of women bike enthusiasts for such terrains. Women bike groups, women biking clubs are increasingly become common in urban areas of developing countries. Trend of organized biking of these groups, some of which have annual calendars for year round biking events is attracting participation of women bikers. This further boosts women’s bicycle market.

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Women’s Bicycle Market: Regional Assessment

The women’s bicycle market is studied across North America, Latin America, Europe, Asia Pacific except Japan, Japan, and the Middle East & Africa. Among them, Asia Pacific is a significant region in the women’s bicycle market. Vast practices of bike riding among women in countries in Far East Asia and South Asia for fitness and physical exercise accounts for notable growth of women’s bicycle market in the region. Participation in bike riding events of various fame is common among women in these countries.

Europe is another key region in the women’s bicycle market. Practices of mountain bike riding among women, participation in bike riding spectacles are some key factors behind growth of women’s bicycle market in the region.

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