Bike Production Will Grow Up The 120 Million Year Level

The industry needs humans to demand news

Bicycle is a very durable asset. It can be ridden for decades if well maintained.

The recycling potential of cycling parts is high. Human-powered vehicles have less fret than motor-powered noise projects.

Demand from this market has been stable in recent decades.

One of the movements of 2020 is the incentive to use the bicycle. Ride a bike is safer than the closed environments of public transport.

The indicators show that production could cover the supply if more people start to ride.

For about two decades, the markers have been working at the level of 80 million to 120 million new units per year.

4.5 billion bicycles

The bicycle industry is known to be challenging to achieve easy profits.

Several producers pulverize the market. The competition between makers is global: products with easy export and import ways.

Accurate market information is a competitive advantage. Decision-making about sector management depends on supply. Extra stock costs money.