Bicycle Industry Statistics 2018

Bicycle industry statistics and trends.

Bicycle industry statistics 2018. 87 of store fronts are just a single location. Bicycle manufacturing in the us industry outlook 2019 2024 poll average industry growth 2019 2024. Bicycle industry statistics data total number of bicycles produced annually 132 000 000 total value of the u s. It is expected to expand at a cagr of 6 1 from 2018 to 2025.

British households on average spend 1 a week on cycling. The global bicycle market size was valued at usd 47 51 billion in 2017. Who owns a. Motorcycles bicycles and parts ad spend 2018 2020.

According to the gluskin townley group there are approximately 4 256 speciality bike stores lowered almost 1 000 stores from the year before. Cycling trends ahead of the 2018 bicycle leadership conference. Bicycles that were imported from japan or taiwan. Household spending on cycling therefore totals more than 1 4 billion every year.

Bicycle market 6 100 000 000 percent of u s. More and more people are beginning to turn to cycling not only for effective low cost transportation in the face of traffic congestion and unstable oil prices but also as a recreational and fitness activity. We analysed all the latest statistics to find out more. 2018 was a seminal year for our industry in general and retailers in particular townley said.

In the following 3 chapters you will quickly find the 20 most important statistics relating to bicycle industry in the u s. In 2018 only 29 of brits had been cycling in the last 12 months. Bicycle market growth trends and forecast 2020 2025 global bicycle market is segmented by type road bicycles hybrid bicycles all terrain bicycles e bicycles and others distribution channel offline retail stores and online retail stores and geography. Port washington ny april 10 2018 the u s.

42 of brits had access to or owned a bicycle in 2018. A quarter of shops have seen an increase in revenue while more than half have seen a decrease. Cycling market is a 5 9 billion industry with independent bicycle dealers capturing about 52 percent of those sales and the rest of the market the remaining piece of the pie according to retail sales data from global information company the npd group.