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Mountain Bike Development Prospects
- Jun 07, 2018 -

The focus of the world bicycle industry is shifting from the traditional means of transport to sports, mountain and leisure. In the United States, Europe, Japan and other developed countries, cycling is a common sport, fitness, leisure and entertainment products. . Every year, the demand for bicycles around the world is huge. Statistics from Japan's CYCLEPRESS show that the demand for bicycles in the world has remained at the level of 106 million units, and the annual turnover of bicycles is about 5 billion US dollars. Due to industrial characteristics and labor cost factors, the global bicycle manufacturing industry has shifted to countries and regions with industrial manufacturing advantages dominated by China in the past 15 years. By 2013, China will continue to be the largest bicycle production base in the world, with more than 500 and more than 700 vehicle production plants and spare parts production facilities. The world's top five major manufacturers are all based in China. With the increase of people’s income levels in the world, the global demand for bicycles will further expand. With the further structural upgrading of bicycles, it will bring greater profit margins to industry participants, and the development prospects of China’s bicycle industry will also be more broad.

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