Ship To Cycle’s Post

The future of cycling in Italy: numbers and opportunities    The #bike market in Italy is going through a phase of great transformation. A study by Bain & Company Italia highlighted significant data and trends that offer food for thought for the entire sector.   In 2020, thanks to the bike bonus, sales exceeded 2 million units (+18% over 2019). Despite an average drop of 17% between 2021 and 2023, the industry's turnover reached €2.7 billion in 2023 (+50% compared to 2018). With more than 330,000 units sold in 2022, #ebikes now represent 20% of the market, making cycling accessible to an increasingly wide audience. However, the sector is exposed to dependence on Asian components and geopolitical variables, with parts imports growing by 79% between 2020 and 2021.   In spite of the challenges, Italian exports show a positive balance of EUR 75 million, thanks to strong international demand for Italian-made products. This positive trend is also reflected in #employment, with a 16% increase in employment in the bike and parts sector between 2020 and 2022, totalling 17,600 workers.  To develop the full potential of cycle tourism, we need supportive policies and investment in cycling infrastructure. Italy can consolidate its leadership in an increasingly competitive global market. #ShipToCycle, a company attentive to the dynamics of a constantly changing and expanding sector, offers logistics solutions for bike transport at an international level, responding to the new needs of a market increasingly oriented towards sustainable mobility and cycle tourism. Contact us to find out more: https://lnkd.in/dx79ipKf 

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics