Following a bumpy few years, the UK cycling market is on the road to recovery. According to new research from Mintel, new bicycle sales are forecast to climb by 12% in 2024 with Brits set to buy 2.1 million bikes. The rise in sales comes after a period of declining…
From the thrill of axe throwing to the more traditional activities of darts or table football, sober curious Gen Zs (aged 26 and under) are choosing competitive socialising* over pub visits, according to new research from market intelligence agency Mintel. Mintel’s latest research shows that almost two thirds (64%) of…
‘Fun’ will be a key theme to connect with Indonesian consumers who continue to be challenged by economic recessions and the rising cost of living. Mintel Global Consumer research shows that one-third (33%) of Indonesians say their financial situation is okay but do not have a lot left by the…
Mintel: Cost of living puts brakes on e-bike growth – as sales slow for the first time in five years
While COVID-19 triggered a rapid growth of e-bikes, new research from Mintel reveals that for the first time in five years, volume and value sales of e-bikes have dipped. Meanwhile, Mintel research shows the average cost of an e-bike has risen 25% since the start of the pandemic. The number…
Following two years of pandemic-induced cancellations, Mintel forecasts UK sales of music festivals and concerts will bounce back during 2022 and that the value of the market will surpass its pre-COVID level in 2023. Sales are set to reach nearly £2.79 billion next year, up from £2.77 billion in 2019.
While supply chain problems have proved to be a major challenge for the cycling industry, the latest research from Mintel reveals that 2021 bike sales (including standard and e-bikes) are estimated to be £400 million higher than before COVID-19*. Following 2020’s ‘COVID boom’, 2021 was a more challenging year for…
When it comes to holidays, it seems there’s no place quite like a home from home as, according to new research from Mintel, this year Brits are set to spend a 10-year high of £3.3 billion on holidaying in domestic property rentals and associated costs*. This…
Following several years of relative stagnation, COVID-19 triggered a major gear-change in the UK cycling market. According to the latest research from Mintel, bicycle volume sales rose an estimated 22% in 2020, as the number of bikes sold reached an estimated 3.3 million, up from…
Christmas has come early for British gamers with the release of the new generation of consoles. The latest research from Mintel reveals that 2020 has been a bumper year for the video games and consoles* market with sales set to reach an estimated £1.8 billion…
With lockdowns placing huge restrictions on many sporting activities like going to the gym or playing a round of golf, according to new research from Mintel, Brits are increasingly embracing the great outdoors as the number of hikers/ramblers has increased from 16%…
From lycra-clad cycling enthusiasts to leisurely family bike rides, Britain’s streets have been rammed with cyclists during lockdown. According to Mintel, the roads could get even busier, as new research reveals a potential doubling in the number of British cyclists. As of February 2020, a third…
Lockdown Britain is a united nation. People are connecting more with friends, while also cooking, crafting and keeping fit, according to new Mintel research (conducted 26th March – 1st April 2020). A united kingdom Three in 10 (27%) Brits say they have spent more quality time…
