The Indoor Bike Racks Market is expected to grow from USD 96.2 million in 2020 to USD 130.5 million by 2026 at a CAGR of over 5.2% during the forecast period.
A bike rack is used to hold a bicycle, also referred to as a bicycle stand or bicycle carrier. A bicycle carrier is attached to a vehicle such as a bus, truck, or car and the bicycle is mounted on it. It is used for the transportation of bicycles can be mounted in the rear, front, and on top of the vehicle.