Industry Statistics and Trends
Bicycle, Wheelchair & Pram Manufacturing in Europe key trends
Competition from Asia digs into profitability.
Import competition from China, Japan and Taiwan forces European manufacturers to match prices, which drains profitability. Imports of bicycles from Asia remain high despite EU tariffs.
The surge in fuel prices drove cycle sales.
Heated fuel prices due to the Russia-Ukraine conflict led to less car usage and a sharp boost for bicycles that are cheaper to run.
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Bicycle, Wheelchair & Pram Manufacturing in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Bicycle, Wheelchair & Pram Manufacturing in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 2.1 % over the past five years, to reach an estimated €10.7bn in 2024.
Trends and Insights
A sharp expansion in fuel prices raises interest in bicycles in Germany, Spain and UK
- Hikes in fuel prices in Germany, Spain and Britain boosted bicycle sales as car running costs soared, boosting sales in 2022.
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Bicycle, Wheelchair & Pram Manufacturing in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
French government policies to improve air quality drive sales of bicycles
- French and EU manufacturers in neighbouring countries will benefit from policies and funding to advance the cycling rate, which is positive for manufacturers.
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Revenue
€10.7bn
Employees
53,103
Wages
€X.Xbn
European Leaders & Laggards
Top 5 Countries
- Latvia +36.9%
- Romania +16.9%
- United Kingdom +13.6%
- Netherlands +10.8%
- Poland +9.5%
Bottom 5 Countries
- Bosnia & Herzegovina -15.1%
- Estonia -10.4%
- Norway -10.2%
- Slovenia -3.9%
- Hungary -2.8%
* CAGR values are for the years 2019-2024.
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Biggest companies in the Bicycle, Wheelchair & Pram Manufacturing in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Intersport France SA | 1,835.0 | 14.5 | 0.8 | |
RTE SA | 1,395.0 | 129.0 | 9.2 | |
Pending System GmbH & Co | 1,309.0 | 47.0 | 3.6 |
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Bicycle, Wheelchair & Pram Manufacturing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Bicycle, Wheelchair & Pram Manufacturing industry in Europe in 2024?
The market size of the Bicycle, Wheelchair & Pram Manufacturing industry in Europe is €10.7bn in 2024.
How many businesses are there in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry in 2024?
There are 2,318 businesses in the Bicycle, Wheelchair & Pram Manufacturing industry in Europe, which has grown at a CAGR of 3.3 % between 2019 and 2024.
Has the Bicycle, Wheelchair & Pram Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Bicycle, Wheelchair & Pram Manufacturing industry in Europe has been declining at a CAGR of 2.1 % between 2019 and 2024.
What is the forecast growth of the Bicycle, Wheelchair & Pram Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Bicycle, Wheelchair & Pram Manufacturing industry in Europe is expected to grow.
What does the Bicycle, Wheelchair & Pram Manufacturing in Europe include?
Bicycles and Tricycles are part of the Bicycle, Wheelchair & Pram Manufacturing industry.
Which countries have the most businesses in the Bicycle, Wheelchair & Pram Manufacturing industry in Europe?
The European country with the most businesses in the Bicycle, Wheelchair & Pram Manufacturing industry is Italy.
How competitive is the Bicycle, Wheelchair & Pram Manufacturing industry in Europe?
The level of competition is high and increasing in the Bicycle, Wheelchair & Pram Manufacturing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Bicycle, Wheelchair & Pram Manufacturing in Greece
- Bicycle, Wheelchair & Pram Manufacturing in Russia
- Bicycle, Wheelchair & Pram Manufacturing in the Netherlands
- Bicycle, Wheelchair & Pram Manufacturing in Belgium
- Bicycle, Wheelchair & Pram Manufacturing in Croatia
- Bicycle, Wheelchair & Pram Manufacturing in Bulgaria
- Bicycle, Wheelchair & Pram Manufacturing in Iceland
- Bicycle, Wheelchair & Pram Manufacturing in Austria
- Bicycle, Wheelchair & Pram Manufacturing in Romania
- Bicycle, Wheelchair & Pram Manufacturing in Slovakia
- Bicycle, Wheelchair & Pram Manufacturing in Hungary
- Bicycle, Wheelchair & Pram Manufacturing in Turkey
- Bicycle, Wheelchair & Pram Manufacturing in Finland
- Bicycle, Wheelchair & Pram Manufacturing in Bosnia & Herzegovina
- Bicycle, Wheelchair & Pram Manufacturing in Spain
- Bicycle, Wheelchair & Pram Manufacturing in France
- Bicycle, Wheelchair & Pram Manufacturing in Norway
- Bicycle, Wheelchair & Pram Manufacturing in Italy
- Bicycle, Wheelchair & Pram Manufacturing in Denmark
- Bicycle, Wheelchair & Pram Manufacturing in Poland
- Bicycle, Wheelchair & Pram Manufacturing in Ireland
- Bicycle, Wheelchair & Pram Manufacturing in Latvia
- Bicycle, Wheelchair & Pram Manufacturing in Portugal
- Bicycle, Wheelchair & Pram Manufacturing in the UK
- Bicycle, Wheelchair & Pram Manufacturing in Lithuania
- Bicycle, Wheelchair & Pram Manufacturing in Sweden
- Bicycle, Wheelchair & Pram Manufacturing in Estonia
- Bicycle, Wheelchair & Pram Manufacturing in Slovenia
- Bicycle, Wheelchair & Pram Manufacturing in Europe
Table of Contents
About this industry
Industry definition
Companies in the industry manufacture non-motorised bicycles, including delivery tricycles, tandems, children's bicycles and tricycles. The industry also includes the production of parts and accessories for bicycles, invalid carriages and baby carriages.
Related Terms
Bicycle Cycle ZoneE-BIKEWhat's included in this industry?
BicyclesTricyclesWheelchairsParts and accessories for bicycles and tricycles Baby carriagesCompanies
Intersport France SARTE SAPending System GmbH & CoIndustry Code
3092 - Manufacture of bicycles and invalid carriages in Europe
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Performance
Key Takeaways
A sharp expansion in fuel prices raises interest in bicycles in Germany, Spain and UK
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry (2011 -2029)
- Employees in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry (2011 -2029)
- Business in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry (2011 -2029)
- Profit in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
Outlook
Analysis
What's driving the Bicycle, Wheelchair & Pram Manufacturing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Green policies across Europe drive the production of bicycles. Efforts by European governments to reduce emissions by getting cars off the road are driving the production of bicycles, with Portugal, Romania and Italy leading the way.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Bicycle, Wheelchair & Pram Manufacturing in Europe industry's products and services performing?
Analysis
What are innovations in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
High import penetration weakens concentration. The high influx of e-bikes from Taiwan, China, Japan, Vietnam and Indonesia is reducing the market share of European manufacturers because these countries can offer lower prices.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Intersport France SA
- Countries of operation for RTE SA
- Countries of operation for Pending System GmbH & Co
- Countries of operation for Merida Industry Co Ltd
- Countries of operation for Trek Bicycle Corporation
- Countries of operation for Canyon Bicycles GmbH
- Countries of operation for Orbea S.COOP
- Countries of operation for Royal Dutch Gazelle NV
- Countries of operation for Pinarello SpA
- Countries of operation for Bianchi Industrial SpA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Safety standards are strict for bicycles sold in the EU. European manufacturers looking to tap into the EU market for bicycles and prams must follow safety regulations. Manufacturers must pass tests on the strength and durability of the bicycle.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Premium bicycles drive profit. European bicycle manufacturers are producing more expensive bicycles at a higher margin due to the influx of imports of cheaper bicycles. Premium brands like KTM and Simplon cost thousands of euros, elevating profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Bicycle, Wheelchair & Pram Manufacturing in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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