PARIS, France - After a sharp market contraction in 2023, 2024 did not fully reverse the trend. "The year 2024 has not been very easy," summarized Patrick Guinard, president of the Cycle Commission of the Union Sport & Cycle. According to the results of the 2024 French Cycle Observatory published by Union Sport & Cycle at the Vélo in Paris trade show, the French bicycle market generated €3.232 billion in turnover, a 5.9% decline compared to 2023. In volume, 1,956,700 bicycles were sold, representing a 12% drop year-on-year, for a turnover of €2.003 billion (-8.3%).

PARIS, France - After four years of strong growth, the French market value of bicycle, parts, and accessories combined decreased by 5.5% in 2023. "There's a dichotomy between bicycle use, which is still growing steadily, and new bike sales, which are running out of steam this year," explained Jérôme Valentin, vice president of the Union Sport & Cycle at the presentation of the 2023 market data.

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.

PARIS, France - Despite the COVID-19 pandemic and the shortages of bikes and components, the French market has recorded a strong increase in 2021. In the French Bicycle Observatory published by the industry organisation Union Sport & Cycle the total market volume increase by 3.9% to 2,789,545 representing a value of €2.215 billion, an increase of 15.1%.

PARIS, France - The French bike market has seen a tremendous sales increase year in 2020. While the sport market was heavily impacted by the Covid-19 pandemic, the cycling industry generated a huge increase, with total sales hiking by 25% from 2,417 billion in 2019 to more than 3 billion last year. A record.

PARIS, France - The French market has recorded a new increase in bicycle sales in 2019 according to the French Bicycles Observatory published by the Union Sport & Cycle. Last year, the market reached a total of 2.329 billion euro, an increase of 10 percent. Bicycle sales represented 1.502 billion euro (+12.6 percent) for 2,652,099 units (- 2 percent), including 388,100 e-bikes. The P&A segment also increased with a turnover of 827 million euro (+ 5.9 percent). Thanks to the augmentation of the e-bike market, the average price is still growing at 566 euro compared to 493 euro in 2018.