MADRID, Spain - At the start of the cycling season, the Spanish bicycle production increase came as a full surprise. In line with the high inventory in the market, production volumes decreased in the past month.
FRANKFURT AM MAIN, Germany - Friday was 'sustainability day' at Eurobike with several new initiatives being launched. This included a new guide to help the German bicycle industry report on their sustainability activities and the Cycling Industry Climate Pledge. On a national and international level there were repeated calls for all parties to work together. "We need to place collaboration at the core of our efforts," stated Alex Thun, CEO of Thun and Chair of CIE and CONEBI's sustainability expert group.
ZEIST, the Netherlands - "Half of young consumers find it acceptable to buy fakes," is the outcome of a new study by the European Union Intellectual Property Office (EUIPO). While Europeans are growing wary of counterfeits and illegal content, price remains a deciding factor as young consumers are more likely to find it acceptable to buy fakes. Could this also have implications for e-bike brands, particularly in the high-end segment?
The European bicycle market ended up in the inevitable correction phase after the corona related sales boom. It goes without saying that this situation was expected, the question was only, when? While 2022 sales are lower than 2021 throughout Europe's main markets, the e-bike continues to drive the market. What's happening? This Online Magazine examines the market developments in 2022 and the impact this has on product developments expected at Eurobike.
BRUSSELS, Belgium - Bicycle component manufacturing close to the market in Europe has long been a difficult part of the process of production reshoring. While the increase in assembly of bicycles and e-bikes in Europe started already some years ago, parts and accessories seeming to be making the same steps now. According to CONEBI, parts and accessories production value hiked by 33% to €4.8 billion, from €3.6 billion in 2021.
BERLIN, Germany - The long-expected correction in the e-bike sales boom Germany experienced in the past years has come knocking, the market statistics of the industry association ZIV show. The growing production and export figures suggest e-bike sales in other EU countries are still thriving.
BERLIN, Germany - The latest figures on the development of the German bicycle industry shows one thing above all: the industry boomed in recent years both in terms of employment as well as turn-over. Germany has consolidated its position as the lead market for bicycles of all categories. Will the country be able to maintain this position now other European countries such as France or Portugal are leading the way and strengthening their industry through targeted support measures?
LUDHIANA, India - The size of the Indian bicycle industry is expected to increase 4 times by 2030, according to the vision document prepared by the All India Cycle Manufacturers Association. The industry is seeking government support to achieve this goal. Local producers are also keen on meeting the new European bicycle safety standards which are expected to be rolled out shortly.
MADRID, Spain - The added value of the output of Spain's bicycle industry is catching up rapidly. According to the Ministry of Industry, Tourism and Commerce the value of bicycles manufactured in April in Spain rose by 37.8% year-on-year, reaching a total value of €23.3 million.
ZEIST, The Netherlands - The turnover, but also the sales result, in the first quarter of the Dutch bicycle market has fallen significantly compared to 2022. What do these Dutch Benchmark findings indicate for the rest of Europe's major bicycle markets in the year ahead?
