PUBLISHER: Inkwood Research | PRODUCT CODE: 1087417
PUBLISHER: Inkwood Research | PRODUCT CODE: 1087417
The Netherlands e-bike market is estimated to record a CAGR of 11.95% in terms of revenue and 12.31% in terms of volume during the forecast period, 2022-2028. The country is assessed to be one of the largest markets for e-bikes in the European region. Europe is witnessing a shift in infrastructure development and culture, which enables the growth of the market in the countries of the region.
The Netherlands is witnessing booming sales of e-bikes. The new tax laws effective from 1st January 2020 are further set to boost these sales. The residents will be able to get interest-free loans for purchasing e-bikes from their employer, along with getting reimbursed for kilometers traveled. The leasing scheme will enable workers to use 'company bikes' for reasonable fees every month. Also, as per the Bovag and RAI mobility sector association, interest-free loans are projected to put extra e-bikes on the road in 2020. Such initiatives and schemes are set to influence the growth of the Netherlands e-bike market. Moreover, e-bikes recorded more sales than standard bicycles in 2018. The average price of a bicycle increased in 2017 due to a rise in the sale of e-bikes.
Some of the leading companies in the market include: Gazelle, Babboe, Batavus, VanMoof, Qwic, etc.