The Limited Times

Now you can see non-English news...

Booming with the pandemic, the bicycle market is accelerating its transformation

2021-03-02T17:49:21.186Z


INFOGRAPHIC - The practice of cycling increased by 27% last year in France, excluding periods of confinement. Manufacturers, distributors, repairers ... Many players are taking advantage of this frenzy.


All in the saddle.

Willingness to avoid public transport, aspiration for a more environmentally friendly mode of travel… In 2020, with the health crisis, the French completed their “cycle” started since the strike against the pension reform.

Outside periods of confinement, the practice of cycling increased by 27% last year, according to the association of elected officials Vélo & Territoires.

Suddenly, pedaling has become a way of life, the week to go to work, the weekend to relax, even in the summer to go on vacation.

A change that many actors are taking advantage of.

Read also:

Containment, a precious ally of cycling

The first winners?

The manufacturers of these machines who have seen their sales explode.

According to Xerfi, the cycle market is estimated at nearly 2.7 billion euros for 2020 against 2.3 billion the previous year.

Not bad in the midst of a pandemic.

"And it should reach 3.5 billion in 2023, at a rate of growth of 9% per year,"

says Carine Berbon, author of this study for the Institute of Economic Watch.

This article is for subscribers only.

You have 86% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-03-02

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.