Next Move Strategy Consulting
The Two-Wheelers Market Share and Size Analysis 2030
The Two-Wheelers Market Share and Size Analysis 2030
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The global Two-Wheelers Market size is predicted to reach USD 455.32 billion by 2030 with a CAGR of 3.7%.
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With rise in number of people settling in cities, the demand for cost-effective and effective means of transport is growing high. This increases the demand for two-wheelers due to its quick, easy commute, mileage advantage and being an easy mode of transportation in congested areas.
Asia Pacific region dominates the two-wheelers market share and is expected to maintain this position during the forecast period. The booming growth of e-commerce industry in the region led to growing demand for two-wheelers since delivery executives use them to carry out swift and efficient order fulfilment.
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