Over the past decade, the practice of bike has evolved significantly. It has been very popular in its urban, tourist, sporting and leisure dimensions. In fact, it was encouraged by various factors, citing only: societal changes, the major investment efforts of communities, the promotion of the electrically assisted model and the health crisis. This is what makes cycling a promising economic sector.
The bicycle is widely used by individuals
For more and more French people, the bike is becoming a means of daily transport. People cycle to work, to school, to do errands and to go for walks.
They use the various cycling facilities, in particular cycle paths, cycle routes and greenways. Bicycles are invading parking lots for two-wheelers and they circulate everywhere, in urban, peri-urban and rural areas.
Cyclo-logistics is encouraged by companies
Today's companies also favor cyclo-logistics. They provide bikes for their couriers and delivery people in order to reduce expenses and to do a small gesture for the environment.
They even take into account the ability of each candidate to pedal during recruitment. Which means that cycling is a kind of job creator.
The sale of bicycles and bicycle accessories has increased sharply
When it comes to commerce, many physical stores and online stores these days offer bicycles of all kinds. They sell VTCs as well as mountain bikes, folding bikes, VAE, cargo bikes, road bikes and sport urban bikes. They also sell PPE for cyclists and spare parts for bicycles.
In fact, the latest reports have revealed that over the past two years the number of pedelecs liquidated has increased from 400 to 000 units. And at this rate, it is possible to reach one million sales, or even more in 700.
As for cargo bikes, it is necessary to go from 11 to 000 units sold per year to meet consumer needs estimated at 60 units in 000.
The economic benefits of cycling are non-negligible
Finally, to talk about the direct economic benefits of cycling, these are estimated at 9,6 billion euros per year and approximately 80 jobs. If we consider the induced activities and the benefits in terms of health, they weigh 000 billion euros with a modal share of around 29,5%.
By 2030, it is possible to reach a modal share of 24%, which will represent more than 130 billion euros in economic benefits if active mobility projects are successful.