Mountain bike shops are reporting a healthy surge in e-bike bike sales in an otherwise pandemic-suppressed retail environment – driven in the main by demand from people working from home, and taking full advantage of the lockdown’s flexible working hours.
European manufacturers report an unexpected 12% increase over the forecast period in the face of the generally negative outlook for the bike market. And surprisingly, the growth seems to stem from new entries into the cycling market, rather than regular riders upgrading or buying a second bike.
Gert Stander, founding partner of South African e-bike manufacturer Darrvin, say the world is witnessing a changing social phenomenon. This is brought about in part by the pandemic’s enforced workday changes, which in turn are driving in healthy lifestyle choices – and increased e-bike sales.
“Working from home has always meant the ability to pop out for a quick ride,” says Stander. “But whereas in the past that meant dressing up or dressing down and driving out to an MTB trail in the hills, e-bikes are opening up riding opportunities around your own neighbourhood. You can use the bike to commute, shop or just unwind. And best of all, beginners don’t need to be fit,” he says.
“Because e-bikes require less fitness, new riders can almost instantly keep up with their regular cycling friends and slot straight into existing riding groups, enhancing the social aspect of cycling even further,” says Stander.
E-bike sales are also boosting regular bike sales. Stander says sales in most cycling categories (including MTB) have grown rapidly over the past two years.
“People see more utility in cycles, and now also in e-bikes. We believe that e-bikes will soon be the driver behind increased demand for regular bikes. As e-bike riders’ fitness builds, they start looking at conventional bikes too, a welcome addition to our trade statistics!”
According to the market-tracking research website MarketsandMarkets.com, e-bike sales are projected to reach USD 79.7 billion by 2026. Its research points to “a significant increase in e-bike sales observed in 2020 (with the trend expected to continue in 2021).”
The website reports demand is driven by e-bikes’ suitability off-road, and their robustness providing safety “even on wet and slippery terrain”. This makes them “preferable for road traffic,” the website reports. “The mountain e-bike is expected to account for a significant share of the e-bike market during the forecast period due to its robustness and high-performance design.”
Not surprisingly, the trend has resulted in worldwide, massive stock shortages due to logistical and manufacturing constraints, and severe backlogs in delivery. In Darrvin’s case, a seven-months delay which the company only recently caught up with, just in time for the release of its new models this summer.
“Shipping delays remains an issue, but the main problem is the bottleneck in the supply chain of critical bike components,” says Stander.
“As a smaller, more flexible company we were able to reposition our product by using our component supplier knowledge to source quality components from alternative sources. Larger manufacturers, we see, are facing much bigger problems, and will have to wait for more than a year until the backlog is erased.”
Thanks to this flexibility, Darrvin was able to launch the latest additions to its range, the dual-suspension Rove, Crest and Peak II hardtails, alongside its Connect urban and Evolve road bikes, this month.
Visit www.darrvin.com for more details.