New Report Available: Motorcycles, Bicycles and Other Transport Equipment in Saudi Arabia: Industrial Report
The market grew by a CAGR of 10% over 2007-2012 to reach a value of SR628 million by the end of the period. There is no well-established domestic industry and imports represent 76% of the market's value in 2012. Efforts to cut obesity rates are expected to boost demand for bicycles, especially mountain bikes. Due to growing disposable income demand for high-end imported motorcycles is likely to increase over the forecast period. The industry is expected to grow by a...
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