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Everything about Market Report United Kingdom

  • E-bike sales dropped by 5% in the UK throughout 2024 despite heavy discounting in the market. - Photo Bike EuropeSubscribers only
    Subscribers only
    Market Report18 Mar 25

    Subscribers only Stabilisation in sight as UK bike market shrinks another 2%

    LONDON, United Kingdom - The total bicycle market in the UK saw sales drop a further 2% year-on-year in 2024 to a new low this century. This latest drop continues the long post-COVID downturn which began in the second half of 2021. However, the latest figures from the Bicycle Association (BA) suggest there is light at the end of the tunnel.

  • Heavy discounting led to slightly improved sales in the latter half of 2023 in the UK, but imports still outweighed sales volumes. – Photo ShutterstockSubscribers only
    Subscribers only
    Market Report22 Feb 24

    Subscribers only UK losing heavily in catch-up game with European bicycle market

    LONDON, United Kingdom - In contrast to other European markets, where declines in unit sales could be offset against higher sales values, this can't be said for the UK market. The post-COVID downturn in the UK cycling market has seen the total market value fall a further 6% in 2023, following an 18% decline in 2022. On top of that, in 2023 the UK had "the worst mechanical bike sales this century," the latest data confirms.

  • The UK bike market has a storm to weather as traditional bike sales drop and e-bike sales stabilise. – Photo Fudge & SonsSubscribers only
    Subscribers only
    Market Report23 Feb 23

    Subscribers only UK bike sales drop to 'lowest level in 20 years'

    LONDON, England - Sales data collected from UK e-bike and bicycle retailers show that the market has taken a huge drop in 2022. With e-bike sales plateauing and regular bike sales dropping 22%, the country's Bicycle Association is calling for action as the market hits a 20-year low.

  • Ongoing improvements in infrastructure such as new bike lanes, pavement-widening, and cycle-only corridors, accelerated by the pandemic, are helping to make cycling in the UK safer. – Photo ShutterstockSubscribers only
    Subscribers only
    Halfords22 Jun 21

    Subscribers only Gear change in UK market as bike sales top 3.3 million units

    LONDON, UK - The total number of bicycles sold in the UK in 2020 reached an estimated 3.3 million units, data from market intelligence agency Mintel has revealed. This is a 22% rise on the 2019 sales. Although e-bikes are yet to play a key role in volume to the same degree as in other European markets, they have pushed the market value over the billion-pound barrier.

  • The latest UK government figures make clearer the extent of the e-bike sales spike in the country. – Photo Bike Europe Subscribers only
    Subscribers only
    Bicycle import12 Jan 21

    Subscribers only UK government statistics reveal huge increase in e-bike imports

    LONDON, UK - The British embraced cycling in 2020 as their new mobility trend to move around, particularly in urban areas. Covid made many people decide to take a bike instead of public transport for commuting. The latest UK government figures make clearer the extent of the e-bike sales spike in the country.

  • €2.24 billion worth of investment was signalled by the government in May 2020, raising the prospect of Dutch levels of investment in cycling infrastructure. – Photo Richard Peace Subscribers only
    Subscribers only
    Market Report3 Dec 20

    Subscribers only E-bikes and infrastructure propel the UK industry forward in 2020

    LONDON, UK - According to the latest statistics published by the UK government, 2020 has shown huge growth in the value of e-bikes imported into the UK. For the first time, the value of e-bikes imported from other EU countries overtook those from outside the EU. In the first nine months of 2020, the total value of e-bike imports already stood at around €109.56 million. This is a 31% hike in value compared to €89.78 million for the full 12 months in 2019.

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