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12 Jan 2023

The government has announced it is to scale back support for businesses and their energy bills after warning that the current level of help was too expensive.

10 Jan 2023

With retail finance schemes remaining a preferable route for retailers to boost sales during recession than the financial hit required by heavy product discounting, the Association of Cycle...

10 Jan 2023

Portugal has become the first EU country to cut VAT on bicycle purchases this year, from 23% to 6%.

9 Jan 2023

Cycling UK says that its Big Bike Revival programme, which encourages people to get unused bikes out of their garages and sheds and start using them for everyday trips, has led to a third of...

9 Jan 2023

Transport for London’s (TfL) cycle hire scheme saw more bikes hired during 2022 than any other year in the scheme’s history, with 11.5 million rentals across the year.

9 Jan 2023

Our card payments partner Tyl by NatWest have extended their offer of no card machine hire fees from the first 3 months to the first 6 months!

5 Jan 2023

To celebrate the release of the new Independent Coffee Guide Scotland for 2023, a coffee road trip across Scotland has been unveiled with eight 'must visit' destinations. The road trip passes...

4 Jan 2023

Cytech are gearing up to exhibit at this year's Cycle Show once again at Alexandra Palace, providing practical advice and answering any questions visitors may have about working on their bikes.

4 Jan 2023

BBC analysis has shown that beauty salons and tattoo parlours have prospered on high streets while the number of banks and department stores has fallen. Places to eat and drink have also...

3 Jan 2023

Millions are being encouraged to walk and cycle more this year to get fit and save money, with an additional £32.9 million of government funding to accelerate walking and cycling schemes...

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Cycling Industry News launches annual Market Study

Posted on in Business News , Cycles News

Cycling Industry News’ sixth annual Market Study has today gone live with independent retailers, workshops and mobile mechanics invited to take part by clicking here.

This annual research effort seeks to understand the trading patterns of the UK bicycle retail sector’s small to medium sized retail businesses. Subjects explored include where and with which brands retailers are investing and divesting, the trends perceived to be taking place in the market, the factors that most weigh on successful business relationships with suppliers, pricing, consumer buying trends and plenty more.

CIN Market Data 2023

A series of incentives are being announced for those who take the ten-minute survey, which it is hoped will become the largest forward-looking study of the UK bike retail market to date.

Ahead of a range of prizes to be revealed in the coming weeks, the first incentive to take part is a free two night stay for two people to be taken on any Sunday to Thursday period at The Mariners Hotel in Lyme Regis on the sunny Dorset coast, valid until December 31st 2023. (Subject to availability and excluding Christmas, Easter and School Holidays)

Launching the 2022 research, Cycling Industry News’ editor Mark Sutton said: “It can fairly be said that the bike industry and all the links feeding into our supply chains are struggling to find a new normal. In what are unprecedented times for businesses, being able to navigate with at least some degree of insight to back up decisions is critical.

“Aside from informing Cycling Industry News’ own editorial direction, our market research seeks to first and foremost give a voice to the frontline retailers in the market and, secondly, give suppliers the tools to understand the relationships to a sharper degree, as well as get clear sight on market trends. I want to thank the many hundred businesses that continually support this work with their collaboration.”

This year’s study is marginally shorter than previous research, instead seeking to deliver a greater level of depth on key subjects currently affecting the marketplace. The full report will be once again delivered in Q1 2023 to those retail businesses completing the study. (Participation is open only to UK-based independent retailers and workshops, businesses that do not qualify will be removed from the final dataset. All data is anonymised and only shared with sponsors if shops opt into the prize draws.)

 To find out how you can obtain a licence for Cycling Industry News’ now discounted current year study, or pre-register your company’s interest in the 2023 edition contact the editor or head of sales.

This year’s research is supported by Raleigh UK, Bafang, Hyena eBike Systems, Ison Distribution, Exposure Lights, Moore Large/Forme Bikes, Extra UK and Magura.

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