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11 Dec 2023

Bike Europe has reported that “serious concerns” remain about the enforcement of a ban on the sale of e-bike chargers and conversion kits by one of the largest online sellers,...

11 Dec 2023

It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging...

30 Nov 2023

New research from Lime entitled “Tackling the Gender Pedal Gap” has most women facing barriers to cycling, including poorly lit streets and isolated routes. The report claims...

27 Nov 2023

Torq Zone Academy, a leading institution of vocational training in South Africa, has been re-accredited by the Quality Council for Trades and Occupations (QCTO), for another five years, to offer...

27 Nov 2023

Cycling UK has released its annual 100 Women in Cycling list for 2023, the seventh such initiative to celebrate women across the British cycling community and those who inspire others to cycle.

27 Nov 2023

The former commissioner of the Metropolitan Police, Lord Hogan-Howe, has said number plates should be introduced on the back of bikes to stop so many cyclists being a danger on...

23 Nov 2023

Retail sector leaders have expressed a range of concerns, from taxation to business rates, following the Chancellor’s Autumn Statement this week.

15 Nov 2023

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, has outlined its expectations from the government...

14 Nov 2023

ACT member and Cytech-accredited Stonehaven shop Bike Remedy has been given permission to expand its offering by building a bike shelter and tool station outside its premises.

14 Nov 2023

As more people turn to cycling, more jobs are being created in the industry, according to an article in The Sun.

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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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