Brompton Folding Bike Market and Forecast


Posted December 15, 2020 by thomasjamoe

For years, Brompton has enjoyed a fair share in the global bike market. As the craving for cycling is on rise, the brand has introduced some interesting options to keep bikers intrigued.

 
For years, Brompton has enjoyed a fair share in the global bike market. As the craving for cycling is on rise, the brand has introduced some interesting options to keep bikers intrigued. Its most fascinating offering is the foldable e-bike that will be a game changer for bikers all over the world.

These new e-bikes have expanded Brompton’s reach to a much diverse and wider customer base. During the last financial year, the company experienced strong growth in terms of both pre-tax profits and sales. Figuratively, its pre-tax profits went up by 25 percent to GBP 4 million while the total sales went up to GBP 42.5 million. The COVID situation may have deviated the growth plans for the company for a while, but it is expected to get back on track as the market warms up to the new environment.

Folding bikes are key drivers of its profits and additional investments. Whether one is planning a bike tour in Australia, Europe or Asia or looking for the most comfortable bikes for women, Brompton has a plethora of options for all. And as it rises over growth charts, the product lines are expected to get more and more diverse.

5 Vale St., St Kilda.
(03) 9534 3074
[email protected]
https://stkildacycles.com.au
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Contact Email [email protected]
Issued By stkildacycles
Phone . (03) 9534 3074
Business Address 5 Vale St.
St Kilda.
Country Australia
Categories Outdoors
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Last Updated December 15, 2020