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20 May 2024

Cycling UK has launched the Inclusive Cycling Experience, a new programme funded by the Motability Foundation, to support disabled communities in Greater Manchester and Inverness to start...

20 May 2024

ACT member Mapes of Millport, a bike shop on Cumbrae, an island in the lower Firth of Clyde in western Scotland, is riding high after being selected as the best cycle hire shop in...

20 May 2024

People who cycle to work are less likely to be prescribed drugs to treat anxiety or depression than those who commute using different modes of transport, new research shows.

20 May 2024

The cycling industry may have experienced one of its most turbulent periods in recent history, but it still represents a great opportunity for investment, according to a report...

20 May 2024

The Sustrans Walking and Cycling Index, the biggest UK survey of walking, wheeling and cycling, found only 40% of residents on low incomes had access to a cycle. This compared to 59% in...

9 May 2024

John Lewis, the UK’s largest department store, will stock the UK’s leading e-bike brand, VOLT from today. The retailer will have four models from VOLT’s award-winning range of...

8 May 2024

Hundreds of independent bike shops around the country got involved with this year’s Local Bike Shop Day, according to organisers, the Association of Cycle Traders

8 May 2024

UK consumer confidence improved by two points in April, new data has shown, as optimism about personal finances for the coming year remained stable.

8 May 2024

More than 400 children and adults have cycled through Brighton and Hove to ask for the streets to be made safe for cycling with a network of separated cycle lanes.

7 May 2024

The Institute for Public Policy Research (IPPR) has criticised the UK government for a “shocking lack of progress in making streets more attractive for walking, wheeling and...

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New report suggests UK bike sales have fallen to a new low.

Posted on in Business News , Cycles News

A new report on the state of the UK cycle industry suggests that bike sales have fallen once again, months after it was reported that they had fallen to a 20-year low in 2022.

Bike Showroom

The Bicycle Association's mid-year report for the first half of 2023 suggest that mechanical bike sales have fallen by 8% and e-bike sales by 12%. The total market value of the cycle industry has dropped by 8% compared with the same period last year.

The numbers, which come from a low start point, see bike sales in the UK dropping to their lowest level in two decades, 27% below pre-Covid levels as the cost-of-living crisis impacts.

Mechanical bike sales in the first six months of 2023 were down a third on the same period in 2019, while the UK cycling market's value is projected to fall to £1.57 billion for 2023, compared with £1.9 billion in 2019.

E-bike sales particularly were mentioned as being disappointingly low. While it was expected the e-bike market was one that could continue to grow, despite the challenging context, e-bike sales have dropped by 12%, with e-mountain bikes the only category in the e-bike market that has seen sales up on the same period in 2022.

The report notes that e-bike sales have fallen further behind European sales, with consumers on the continent embracing them faster than here in the UK.

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