Like many countries in Europe, the French market recorded losses
PARIS, France – After four years of strong growth, the French market value of bicycle, parts, and accessories combined decreased by 5.5% in 2023. “There’s a dichotomy between bicycle use, which is still growing steadily, and new bike sales, which are running out of steam this year,” explained Jérôme Valentin, vice president of the Union…
PARIS, France – After four years of strong growth, the French market value of bicycle, parts, and accessories combined decreased by 5.5% in 2023. “There’s a dichotomy between bicycle use, which is still growing steadily, and new bike sales, which are running out of steam this year,” explained Jérôme Valentin, vice president of the Union Sport & Cycle at the presentation of the 2023 market data.
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