The malpractices of counterfeiting activities are majorly associated with premium products as they carry high revenue benefits and a lower risk. The counterfeiting practices of clothing and accessories are rapidly changing from physical markets to e commerce portals.
The global bicycle maintenance products market was valued at $1.5 billion in 2023, and is projected to reach $2.3 billion by 2033, growing at a CAGR of 4.8% from 2024 to 2033.
