Jan-Willem van Schaik

TAIPEI, Taiwan - The introduction of tyre carcasses and anti-puncture fabric made of recycled fishing nets gave Formosa Taffeta a successful introduction into the bicycle industry. Companies like Schwalbe, Vittoria, CST and Kenda all embraced this product to make their tyres more sustainable.

SHANGHAI, China - The Chinese market followed a different pattern in the past years compared with Europe and North America. High inventory is much less of a problem and the market is currently experiencing a recreation boom. How that will impact the business will be a much-discussed item at the China Cycle Show which opens its door from 5-8 May in Shanghai.

ZEIST, the Netherlands - The combination of economic and political challenges created difficult times for the international bicycle industry. However, for financial specialist Ralf Kindermann the component of green mobility still makes the bicycle industry highly attractive for investors. What other trends in the market, including the digitalisation in the supply chain, the current oversupply in combination with price increase and sustainability will lead the market this year?

SUZHOU, China - For e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, 2023 was a very challenging year. According to the company's financial report their performance was affected negatively due to geopolitical conflicts, inflation, slowing consumer demand and high inventory among their customers.

TAIPEI, Taiwan - Combining fashion and function, Roxim offers a wide portfolio of front and rear lights for different bicycle categories. At Taipei Cycle Show 2024, the Taiwanese company presented the new ZX5E featuring Oled technology.

CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The iconic Italian brand hiked their revenue by 33% to €55.7 million.

VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free Economic Zone in Lithuania. over the next 5 to 6 months Pon.Bike will prepare the new facility for production.

JAKARTA, Indonesia - More than 90 leading exhibitors from two-wheeler companies are gearing up for the premiere of Asiabike Jakarta at the Jakarta International Expo from April 30 - May 4, 2024. Organised in partnership with Eurobike jointly by Messe Frankfurt, Periklindo (Indonesian Electric Vehicle Industry Association), Pt. Dyandra Promosindo and Jiangsu Bicycle Co Ltd.

PARK CITY, USA - Only two and a half year after the three founders sold Kona Bicycles to Kent Outdoors, the new owner has put the iconic Canadian bicycle brand up for sale. Due to drastic market changes since early 2022, Kona, like so many other bicycle brands, could not live up to the high expectations set for the future cycling market.

OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first quarter of 2024, net sales decreased by double digits compared to last year. Also for the rest of the year the outlook will remain uncertain for Shimano.