How big is the cycling market in UK?
The Sports Marketing Surveys powered BA sales data suggests that the UK cycling market has grown its economic worth, reaching £2.31 billion in 2020, up 45% on the Covid ‘boom’. Mechanical bikes accounted for 45% of total market value, reaching an estimated £1,030 million.
Who sells the most bicycles in the UK?
Halfords plc is the largest retailer of new bicycles with a 26% market share (sales of £208 million). Halfords estimates that it has a 16% share of the parts and accessories market (sales of £120 million) and a 10% share of the bicycle repair market (sales of £10 million).
How many bicycles are sold each year?
Overall, industry sales of bicycles seem to be stable at around 15 to 20 million bicycle units annually, plus parts, accessories and service, which historically is a very healthy number for the industry.
What percentage of cyclists own cars?
As research by British Cycling found, 87 per cent of cyclists also regularly drive cars, and so most cyclists have already paid the road tax.
What percentage of the UK can ride a bike?
42% of Brits have access to or own a bicycle. Brits collectively spent £33.22 million on bikes or equipment for their bikes in 2019. 33% of Brits have been cycling in the last 12 months. British households on average spend £1 a week on cycling.
How many people are employed in the cycle industry in the UK?
Cycling-related businesses generate at least £5.4bn for the UK economy each year, and they sustain 64,000 jobs – some in bike shops, but most in cycle tourism of one sort or the other.
How many cyclists are in the world?
Global Cycling Statistics
42% of households around the world own at least one bicycle — that’s more than 580 million bicycles worldwide, according to a December 2015 study in the Journal of Transport & Health.
Is cycling popular in UK?
Cycling is most popular amongst those aged 45-54 as 17.3% of people in this age group said cycling was one of their preferred forms of exercise. More people living in Yorkshire and the Humber say they enjoy cycling the most than any other UK region.
Are there any British made bicycles?
Pashley is England’s longest established manufacturer of hand-built bicycles. The company has survived, since its inception in 1926, as a pure British manufacturer – it has never taken its production base overseas; a fact those at Pashley are very proud of. …
Are Raleigh bikes made in UK?
Raleigh Bicycles may be British born, but it’s been well over 10 years since its bikes have been made or assembled in the UK. … The Raleigh Militis eTap is a special-edition bike that will only be produced in very limited quantities.