Three European cycling associations have produced a joint forecast for bike sales over then next decade, predicting a unit sales growth of 47% for a total of 30 million bikes a year. More than double the number of passenger cars registered each year in the EU. This represents an additional 10 million bikes sold each year in 2030 compared with 2019 figures.
A major driver for growth is predicted to be e-bike sales. 3.7 million e-bikes were solid in the EU during 2019. This is expected to rise to 17 million by 2030. Initial data for 2020 indicates a 23% rise in sales from the previous year.
The study was carried out by Cycling Industries Europe (CIE), the European Cyclists’ Federation (ECF) and the Confederation of the European Bicycle Industries (CONEBI). The collaborators used a new forecasting method which took into account current trends, the impact of COVID-19, and government policies.
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