Logistics & Transport providers required to collaborate on a sustainable solution to address issues raised by the rapid growth in the Cycling market (valued at £2.31 billion in 2020, an increase of 45% vs 2019)
The Bicycle Association (BA) is working across the industry to find a solution to the rising logistics costs and quality issues faced by the Cycling trade. Over the past year cycling has experienced unprecedented growth, with the BA projecting £1bn increase in the UK cycling market.
The cycling industry has worked hard to ensure that prices across all categories remain accessible to anyone who wants to cycle. Unfortunately, along with the sector growth there have also been rising transport and logistics costs and quality issues.
To find a solution and ensure cycling remains accessible to everyone, the BA has sought advice from members and appointed specialist procurement firm JMCL Consulting.
Jonny Michael, CEO of JMCL Consulting commented: “We’re using our Enlightened Procurement approach to build for the short, medium and long-term. We’re involving Logistics & Transport industry providers, in collaboration with BA Members and other key stakeholders to develop a creative and sustainable solution. This is a classic, yet complex procurement challenge. We consider that the eventual solution will not only yield significantly improved value for the Cycling industry, but also provide social and environmental benefits.”
“Covid has added £1b to the cycling market,” says Steve Garidis, Bicycle Association Executive Director. “Accelerating the re-emergence of cycling as a strategic industry for transport, health and environment. We know that this growth is set to continue so we need to find efficient solutions to ensure bikes and components get where they need to be for people to access them.”
Logistics & Transport providers who would like to be involved should contact JMCL using the contact details below.
Current cycling market snapshot (figures from BA’s Market Data Service):
- Cycling market valued at £2.31 billion in 2020, an increase of 45% vs 2019
- E-bike sales share to nearly double by 2023
- Major online shift in cycling sales, from 60:40 to 40:60 (retail:online) over last 12 months
- Double digit growth maintained across all main cycling categories throughout 2020 and into early 2021