Tag Archives: Mintel

E-bike sales slow for first time in five years, research shows

New research from Mintel has revealed that for the first time in five years, volume and value sales of e-bikes have dipped. The average cost of an e-bike has risen 25% since the start of the pandemic, research has also shown. The number of e-bikes sold rose a record 63% …

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‘3.3 million bikes sold in 2020’, research finds

UK bike volume sales rose an estimated 22% in 2020, according to the latest research from Mintel, with the number of bikes sold reaching an estimated 3.3 million, up from 2.7 million in 2019. Over a fifth (21%) of cyclists have bought a bike for themselves in the past 12 …

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Bike sales set to top £1 billion by 2023

Bike sales are set to top £1 billion by 2023, Mintel has estimated. Around 2.5 million bicycles were sold in the UK in 2019, at a value of £940 million. Following an initial boost to bike sales as a result of the lockdown, consumer spending is likely to drop as …

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