Market – Eletrolar News 134 – Two wheels
The market for children’s bikes shows good numbers: it has grown 64% in the last two years. On rim 20 models, the increase was 150%, shows the monthly monitoring by the market research institute The NPD Group. From January to October this year, 820,040 bicycles were produced in Brazil, according to data from the Brazilian Association of Manufacturers of Motorcycles, Mopeds, Scooters, Bicycles and Similar (Abraciclo). The volume is 22.7% higher than in the same period of 2018.