Parts and accessories production relocation to Europe starts to gain traction
BRUSSELS, Belgium - Bicycle component manufacturing close to the market in Europe has long been a difficult part of the process of production reshoring. While the increase in assembly of bicycles and e-bikes in Europe started already some years ago, parts and accessories seeming to be making the same steps now. According to CONEBI, parts and accessories production value hiked by 33% to €4.8 billion, from €3.6 billion in 2021.
Continue reading this article?
- Create an account under a minute and continue reading
- Read 3 articles for free every month