Top

Industries that will boom after the COVID-19 pandemic

Cycling
36 of 45
connel/Shutterstock

Cycling

For similar reasons, the cycling industry has benefitted hugely over the last two years. In the UK, hundreds of bike stores were forced to shut up shop in 2019. However, 2020 saw sales of bikes and cycling accessories grow by 45%, adding a staggering £1 billion ($1.4bn) to the market.

The same trend was visible across the Atlantic, with Americans buying 62% more bikes between January and October 2020 than during the same period in the previous year.

lovemoney staff

25 March 2022

Features

List View
|
Expand View
See more on this topic

Comments

Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

+ Add Comment

Most Popular
-->

Copyright © lovemoney.com All rights reserved.

 

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.


loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom.


loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited.


We operate as a credit broker for consumer credit and do not lend directly.


Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards.


While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.