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8 Jul 2024

Become a Luchos Distributor - Deal Directly

2 Jul 2024

We recently reported that a £1 billion damages claim had been filed against Amazon on behalf of retailers selling on Amazon’s UK marketplace for illegally misusing their data and...

2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

1 Jul 2024

Bicycle manufacturers say they are optimistic about the bike industry’s growth prospects, anticipating a boost in sales – supported by a ‘positive impulse’ from the...

1 Jul 2024

Although London has some of the best cycling infrastructure in the UK it continues to lag behind European cities including The Hague and Paris, according to a new global survey.

1 Jul 2024

ACT partner V12 Retail Finance has been announced as the sponsor for the Retailers Category at the BikeBiz Awards 2024, in association with Push.

1 Jul 2024

Consumer confidence is up in the UK for the third month in a row, according to GfK’s long-running Consumer Confidence Index.

24 Jun 2024

A cycle shop owner has criticised the police’s “abject apathy” towards bike theft after thieves attempted to break into his store for the second time in a year, on the same...

19 Jun 2024

Cytech-partner Activate Cycle Academy, which has specialist cycle maintenance training centres in Oxford, Guildford, Stafford and Darlington, will be exhibiting at this weekend’s York...

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New report suggests UK cycle tech falls by a third, with bikes sales also struggling.

Posted on in Business News , Cycles News

A new report has indicated a total year on year fall of 8% in the UK bicycle market, with both mechanical and electric bikes affected. Sales of the latter were especially impacted and lagging well behind the rest of Europe, despite potential for growth remaining.

Dowanward trend

Other key findings in the Bicycle Association report include a fall in sales of mechanical cycles by nearly a third on the same period in 2019. Last year's mechanical cycle figures for 2022 vs 2019 showed a drop of 27%.

Cycling tech appears to have been hit the hardest, having fallen 34% in the first half of the year, compared to the same period last year. Parts, accessories, clothing has also suffered, with a 15% drop on last year.

Even the UK's  ebike market which in the current drive towards net zero offer perhaps the most obvious potential for growth, has been hit. The only ebike sector which has seen growth is the e-mountain bike market, with overall sales – as well as take-up in the tech – continuing to fall behind those of Europe.

The market, though, is still predicted to be worth £1.57 billion in 2023, as opposed to £1.55 billion in 2019 – growth of 0.3% per year.

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