The global bike market is expected to grow from $51 billion in 2014 to $65 billion in 2019 – a 5.2 percent annual increase – according to a report by NPD Group.
China, the world’s largest producer of bicycles, stands to benefit from the increased demand. But it won’t be the only one. Although the country produces 67 percent of the world’s bicycles, most of them are low-end units that sell for less than $100 apiece. The real winner is actually Taiwan.
Instead of engaging in a race to the bottom, Taiwan’s largest bicycle makers instead ceded the low end of the market to China and began shifting their focus to mid- and high-end bikes. As a result, the average selling price of Taiwan’s bikes has increased nearly five-fold over the past decade, and the island’s total bike exports nearly tripled, to $1.2 billion in 2009 from $480 million in 2002.
Read the full article at www.thefinancialist.com
Cory the Courier says, “I’m real fast.” Check out our first Interbike gallery installment below. Be sure to click through our Eurobike gallery from just a few days back as well.
July, 26th marked an important milestone in the history of Brest, a city on the southwest of Belarus, right at the EU border as there happened to be the first-ever cycling festival. The date was carefully chosen as the festival happened simultaneously with the City’s Day, when Brest celebrated its 995th birthday. The event didn’t come out of the blue as cycling community of Brest started promoting it late winter, but it was a brand-new experience for Belarus. If bike riders want to make a step beyond urban commuting or weekend countryside tours (which are extremely popular with the youth) – why don’t we grant them such opportunity? That is probably what the city’s executive committee and the regional sports club thought when organizing the festival.
As the hosts claimed, the festival was truly international: apart from the local riders, cycling lovers came from countries nearby – Czech Republic, Lithuania, Poland, Russia and Ukraine. Want to feel global to a bigger extent? The hosts later said there were a couple of participants from Switzerland and even Australia (though I failed to meet them).
I wonder if the central railway terminal has ever seen so many bikes at the same time – more than a hundred people came from Minsk, the capital city, which is around 215 miles away. The first riders began to arrive early morning, so that they could get some feel of the old Brest and warm up before the event. However, it was neither a marathon, nor a serious race – pure joy filled every inch of the 6.5-mile main route and every moment of the opening, which took place in the 19th-century Brest Fortress. Teenagers on a fleet of MTBs, middle-aged men on road bikes (almost no hipsters on polished fixies, though) – the fortress and its surroundings looked much more vibrant than on a typical weekend.
The hosts were aimed to get at least 995 participants in honor of the city’s birthday, and they did: the number of cyclists who officially registered exceeded 1300 people. Which is all right as the first experience for a city with about 330,000 inhabitants in a country that is less bicycle-friendly than most of Europe, let alone Denmark or Germany.
Some people claimed to be disappointed due to the absence of workshops, entertaining competitions or performances of professional riders. I hope these points will be included into the next big event in Brest, which is due to kick off in September, on the World Car Free Day.
Words and images contributed by Pavel Mylinkov, currently based in Smolensk, Russia, a day’s travel from Brest, Belarus.
When I think of bikes, I think of antlers. Bar ends on bar ends flying down the path, skipping through the trees with the grace of a moose.
Along with skittle thug, the latest in Eurobike style is antlers or horns, the perfect branding accessory to set yourself apart from the rest of the same. Show your organic roots and love of nature’s design with a single accessory. Throw the horns, sell some stuff. Put some antlers on it.
Taking cues from the Macho King, All-City is releasing a top-end build of their Nature Boy with 853 tubes and a Whiskey carbon fork. Single speed with classic track ends and a sliding caliper mount and a tapered headtube, the Nature Boy 853 appears to be a race-ready cross rocket. Looking good! Expected availability is in early November with a $1200 pricetag on the frameset only and a $2200 complete build.
The Ride The Black Line season ending omnium was held at the Encino Velodrome on September 3rd, just a few days ago. Samuel Arechiga was there to bring us this footage of the evening.