Last year's annus horribilis for the cycle industry represented a 'reset' and the situation would hopefully begin to improve next year, the latest report from CONEBI (Confederation of the European Bicycle Industry) has said.
CONEBI's Bicycle Industry and Market Profile (BIMP) report also points out that the industry as a whole has actually grown in the last decade, and despite a difficult 2023 it says that the overstock issues that have plagued everyone from manufacturers to independent bike shops "might be resolved in 2025", finally paving the way for an increase in production.
