Global Market rose 7% in 2018
The global sporting goods and bicycle market now stands at $471 billion at retail value, and rose at a faster rate than the 5% gain found the previous year, according to NPD Group’s annual assessment. The major factors were the booming Chinese market which rose an impressive 22% as well as the ongoing strength in the sneaker market, which rose by 9%. Cycling, driven in part by e-bike ... Log in to view full article.