French market value up 5.2% as e-bike sector matures

PARIS, France - In a difficult economic environment, the French bicycle market has continued to grow in 2022 with cumulative sales of €3.6 billion, an increase of 5.2% over the previous year. The market is driven by sales of e-bikes with traditional bikes sales decreasing since 2016, according to the French Bicycle Observatory published by the association Union Sport & Cycle. In 2022, sales of e-bikes increased by 12% to reach a volume of 738,454 units.