Cycling Industry Sales Growth Accelerates in April, Up 75%, Generating an Unprecedented $1 Billion for the Month, According to NPD
PORT WASHINGTON, N.Y., June 17, 2020 /PRNewswire-PRWeb/ -- The unprecedented growth trend for U.S. cycling sales that began in March accelerated even further in April, according to The NPD Group .
- PORT WASHINGTON, N.Y., June 17, 2020 /PRNewswire-PRWeb/ -- The unprecedented growth trend for U.S. cycling sales that began in March accelerated even further in April, according to The NPD Group .
- April sales for traditional bikes, indoor bikes, parts, helmets, and other accessories grew a combined 75% to $1 billion compared to last year.
- This is the first month since NPD began tracking the cycling market that sales have reached $1 billion in a single month.
- Stationary bike sales grew by 270% for the month, with April sales the second-highest that NPD currently has on record.