The sold production of bicycles and other non-motorized cycles, including invalid carriages' parts and accessories in France, shows a steady upward trend from 2024 to 2028. In 2023, the value stood at 153.12 million Euros. The year-on-year growth rates indicate consistent increases: 4.69% from 2024 to 2025, 4.42% from 2025 to 2026, 4.19% from 2026 to 2027, and 4.00% from 2027 to 2028. Over this five-year forecast period, the compound annual growth rate (CAGR) averages at 4.32%.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly transportation options.
- Technological advancements in bicycle design and manufacturing boosting market appeal.
- Potential policy incentives promoting cycle use in urban areas.
- Growth in European cycling tourism contributing to demand.