Taiwan's major bicycle manufacturers — Giant, Merida and Ideal — all reported year-on-year revenue growth in May. The figures from the publicly listed companies are the strongest indication so far this year that the headwinds Taiwan's bicycle industry has been facing may be easing.

As urban cycling and e-bike adoption continue to grow, riders are looking for more than comfort and performance alone. Practical functionality, security, and adaptability are becoming increasingly important in daily riding environments.

Tektro Technology Corporation is strategically expanding its global manufacturing network through the construction of a brand-new production facility in Vietnam. The Taiwanese bicycle component manufacturer officially broke ground on this major Southeast Asian project in October 2025. Once fully operational, this state-of-the-art facility will serve as its third global production base, joining the company's established manufacturing hubs in Taiwan and China.

Besides the inventory crisis affecting demand and external markets nipping at export market share, the Taiwanese bicycle industry has also been forced to look inwards at its manufacturing practices following an exposé report on migrant workers' conditions. Now, 15 months later, a new follow-up report has been published, specifically focused on the bicycle industry. It details how at least 10 manufacturers have adopted no-fee policies in 2025, but there is still a long way to go in transforming policy into practice.

China appears to be losing its foothold in the United States market, as first-quarter import figures reflect the lasting impact of US President Donald Trump's global tariffs. As markets adjust to last year's volatile rebalancing, a reshaped competitive landscape is emerging, with the old order fading across much of Asia.

Sales at Taiwan's third largest bicycle manufacturer Ideal Bike Corporation, follow a similar trend as the country's two other main producers Giant and Merida. In January, sales suffered a sharp 53% year-on-year decline; in February, they saw a 17% decline, followed by another 31.4% decrease in March. Even though these three companies' sales continued to decline by double digits compared to January-March 2025, they appear to have shifted into the lowest gear.