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I kinda doubt it. A lot of those were bought by people who wouldn't have bought any bike this year or any year without the pandemic. So they were definitely not going to upgrade next year or whatever.

Some of those people are probably on bikes that don't fit that great due to availability and they'll be looking for better sizing as they get more into it.

And of course the majority probably won't get super into cycling but again they weren't going to either way so it's not really a "lost" sale.

Plus I mean it's kind of a running joke among bike people that you don't really upgrade like it's a piece of technology. You keep the old ones and just accumulate more as you go.