Portugal’s Prominent Presence at Eurobike 2024
Portugal is set to make it’s presence noticed at Eurobike 2024 with an impressive 850 square meters of exhibition space and 17 invited companies. This major participation is part of the AM2R mobilizing agenda, co-financed by the PRR (Recovery and Resilience Plan), highlighting the country’s dedication to advancing the bicycle and e-bike sector.
Motivations Behind Portugal’s Strong Presence
The motivation behind this robust presence is multifaceted. Portugal aims to showcase its innovative capabilities and solidify its position as one the leading suppliers in the European market. The participation emphasizes sustainable practices and technological advancements, aiming to attract international partnerships and investment opportunities.
ABIMOTA’s Role in European Bicycle Clusters
Additionally, ABIMOTA (Portuguese Association of Bicycles and Related Industries) plays a visible role in various events dedicated to the development of bicycle clusters across Europe. Their involvement not only promotes the growth and cohesion of the industry but also facilitates knowledge exchange and collaboration among European manufacturers.
CONEBI’s Insights
According to CONEBI’s 2024 European Bicycle Industry and Market Profile, the industry continues to show resilience and growth potential. Investments in production capacity remained strong, with new factories and warehouses being built across Europe. Despite a slight decrease in employment figures, the industry’s overall outlook remains positive with anticipated market growth through 2030.
The presence is part of the showcase of AM2R – Mobilizing Agenda for the business innovation of the Two-Wheeler sector, co-financed by the PRR – Recovery and Resilience Plan, Next Generation EU
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