All Market Statistics articles
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Article
Bicycle industry vet estimates pedelec motor manufacturers’ market shares
German expert Ernst Brust shares his insights on the German, European and global pedelec motor markets, highlighting Bosch, Shimano and Bafang’s key roles.
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Article
Cycling helmet market to rise at a CAGR of 5.5% to 2029
Market growth in recent years has been driven by a surge in cycling as a sustainable mode of transportation, coupled with increasing awareness among cyclists of the importance of safety.
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Rakuten study highlights discrepancy in holiday spending
The study by the Japan-based, international cash-back shopping platform shows holiday shopping challenges. Retailers face reduced spending intentions, shoppers prioritize price and added-value incentives.
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Standard outdoor kit gets more affordable in Russia
Russia’s outdoor kit prices drop 17% as competition heats up, fueled by Chinese brands and local demand for gear amid shifts in travel trends.
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B2B e-commerce on the rise in Germany despite economic pressures
Germany’s B2B e-commerce continues to grow in 2024, driven by online platforms and enhanced services.
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Synthetic leather market set for $25.3bn growth
Technavio’s latest report highlights a $25.3 billion growth in the synthetic leather market by 2028, driven by rising demand in developing economies and sustainable trends.
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Houlihan Lokey’s active lifestyle market report highlights the growth in Q2/24
The active lifestyle sector shows strong growth in 2024, with M&A activity rebounding and premium products gaining momentum despite economic challenges.
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News briefs
SIA releases 2023-2024 winter sports participation study
The latest study reveals trends in the winter sports industry, showing shifts in demographics, consumer behavior and growth areas.
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Sweden’s secondhand market projected to reach €4.3bn by 2034
Svensk Handel forecasts that Sweden’s secondhand market will grow 11% annually, reaching €4.3 billion by 2034 as sustainability drives demand.
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German retail study: customers prefer small and medium-sized towns for convenient shopping
HDE’s 2024 location monitor reveals that German shoppers favor small and medium towns for easy access to stores, short distances and proximity to home.
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Adventure travel surges in Asia Pacific post-pandemic recovery
The Adventure Travel Trade Association’s latest report highlights strong recovery trends in Asia Pacific’s adventure tourism, with significant growth in guest numbers and trending destinations.
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EOG expands OMIS data program across Europe
The European Outdoor Group’s program is expanding into France and DACH, offering real-time sales data to help retailers navigate the evolving outdoor market.
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Bikes are going the way of cars, says top bike mechanic
Electronics are changing the repair shop and other things.
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US Outdoor Industry Association releases 2024 Benchmarking Report
The report shows that the typical company had sales of $9.70 million and a pre-tax profit of 11.9%. The typical high-profit company’s revenue was approximately $6.77 million, profit 18.5%.
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Swedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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News briefs
Cycling trends from around the world, according to Garmin
Garmin has released a report showing how cyclists around the world are logging kilometers and the positive impact this has on health. Data from the Garmin Connect community also shows that cycling is becoming increasingly popular. Here are some of the key findings from the past year: Cycling activity ...
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US outdoor participation reaches record levels for ninth consecutive year
The US Outdoor Industry Association (OIA) and its philanthropic arm, the Outdoor Foundation, released the results of its 2024 Outdoor Participation Trends Report this week. The report provides outdoor industry members with exclusive participation and activity data that will inform business strategies for the coming year. The report shows that ...
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Article
A growing market for cycling apparel
Technavio, the consultancy and market-research firm, is forecasting a compound annual growth rate (CAGR) of 8.02 percent, to a value of $1.81 billion, in the worldwide market for cycling apparel over the next four years, from now to 2028. The firm is defining cycling apparel as “shoes, pants, jerseys, shorts, ...
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News briefs
EU bike trade down in FY23
The EU’s exports of electric and standard bicycles together declined by 10 percent in value year-on-year over the course of 2023, amounting to €1.03 billion. The decline in imports was more than twice as steep, at 21 percent, to a total of €1.98 billion. So reports the EU’s statistical office, ...
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Women in alpine sports: How do they train and regenerate differently?
German outdoor retailer Bergzeit hosted a panel discussion with Gela Allmann, an endurance athlete, sports scientist and mental coach, at its store in Gmund in southern Germany at the beginning of May. Topics such as mental health, mental strength and training principles were discussed intensively. Three experienced Bergzeit sales consultants ...