Halfords has said that “astonishing levels of uptake” of cycling since the coronavirus pandemic began resulted in it selling 18 bicycles a minute over Christmas – adding that if the current rate of growth in sales of bikes continues, the UK could overtake the Netherlands as Europe’s “bicycle capital” within five years.

The company, which sells more bikes than anyone else in the UK, says that since the first national lockdown came into force at the end of March last year, the value of the cycling market has grown by 4 per cent each month, on average.

There is no sign of that growth slowing down either, according to the retailer, as people get in the saddle for exercise, leisure and everyday trips such as commuting, says Halfords, which saw cycling sales rise by 54.1 per cent between May and October compared to the previous year, with particularly strong growth in sales of e-bikes.

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It points out that prior to the COVID-19 crisis, there were 0.42 bicycles per capita in the UK, compared to 1.35 in the Netherlands – and if the current rate of growth in the market were sustained, would overtake it by 2026.

“It may seem unlikely that the UK could ever match Holland for cycling enthusiasts, but we really have seen an astonishing level of uptake in the past 12 months,” commented Halfords’ cycling director, Paul Tomlinson.

“We’re doing our best to meet demand but when stock reaches our stores it gets snapped up very quickly” he added.

“We’re working night and day with our suppliers to increase availability. We’re encouraging customers to subscribe to our ‘email me when back in stock’ service which is proving extremely popular.”

Last year, research commissioned last year by Halfords found that there were more than 7 million bikes left unused in sheds and garages, and after launching its Get Back On A Bike campaign in May it says that more than 300,000 people have brought their bikes into its branches to have a free 32-point check.

The company, which is also participating in the government’s Fix Your Bike scheme in England, says that in all it has repaired or serviced 750,000 bicycles in recent months.