Taiwan is future-focused, that much was apparent to attendees of the Taipei Cycle Show 2026. But beneath the optimism, export declines and changing production chains show the nation's bicycle sector is in transition. Production value is increasingly generated beyond Taiwan's borders, as manufacturing shifts to neighbouring markets such as China, Vietnam and Europe through Taiwanese-led supply chains.
Decathlon S.A. reported steady growth in 2025, even as market development across the sporting goods and bicycle sectors remained uneven. The French retailer reports increased revenue and profitability. At the same time, limited disclosure around category-level performance, especially in cycling, leaves open questions about where that growth is coming from and how sustainable it may be.
Pragma Industries, known for its pioneering technology in hydrogen-powered bicycles, has filed for liquidation. This move, while not entirely unpredictable given the company's admitted difficulties last year, brings an abrupt end to more than two decades of work in the fuel-cell mobility sector.
When it comes to migrant workers in Taiwan, a core issue is how the country's domestic labour laws don't align with international standards, but measures are being taken to adjust this. "As an exporting nation, meeting international standards is our mission and our obligation," said Giant Group and Bicycle Alliance for Sustainability (BAS) Chairman Young Liu during his opening statement at the ESG Forum during Taipei Cycle Show.
The lack of verified data on cycling's role in the wider mobility sector is starting to weigh heavily on the industry. The UN Decade of Sustainable Transport (2026-2035) could be the next moment for the bicycle industry to claim a larger space within mobility. But what can the industry add to these meetings? No verified data is available on the role of cycling in mobility. The WBIA (World Bicycle Industry Alliance) meeting during the Taipei Cycle Show gave some clarifications.
As Europe continues to see widespread adoption of the bike-leasing model, the development of two new programs shows how the model is diversifying. The standardised bike-leasing format has taken over corporate offices, offering employees an alternative path to bike ownership with swanky new e-bikes for a reduced overall cost.
