Bike Accessories Boost Market Growth in Bicycle Sales

A huge boost in bicycle sales is expected as the market for accessories increases.

Cycling is becoming very popular in Thailand, with an expected 7% market growth with just under five-billion baht being spent on the products, this is a 15% increase from the year 2016.

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An average consumer spends an estimated ten-thousand baht on bicycles and accessories, the more serious riders are spending in the region of 20,000- 900,000 baht.

Riding a bicycle has many health benefits, it has been proven to help protect you from serious diseases such as stroke, some cancers, depression, obesity and arthritis.

The number of bicycle owners in Thailand has increased over two million in the last two years, riders usually seek to get a replacement every 3-5 years.

If you are interested in purchasing a bicycle yourself there are over seventy stores in Thailand, which is a vast improvement from ten years ago when there were only a few to choose from.

 

Source : Bangkokpost

Content : LovePattayaThailand

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