Taiwan's Bicycle Industry Revenue Hits Record High in 2021

Feb 24, 2022

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Recently, many manufacturers in Taiwan's bicycle industry have successively announced their 2021 revenue results. Among them, the carmakers Huge Group, Merida Group and Aidiya, as well as chain manufacturers Guimeng, parts manufacturers Richi, Leach, etc., will all have revenue in 2021. Standing on an all-time high!


In particular, the huge group of leading companies in the global bicycle industry, last year's revenue exceeded 80 billion yuan for the first time, reaching 81.8 billion yuan, an annual increase of 17 percent ; although Merida Group's revenue did not exceed 30 billion yuan as expected, it still has 29.344 billion yuan. Yuan, an annual increase of 8.31 percent , and the two major manufacturers have set new record highs in revenue.


대형 체인 제조업체인 Guimeng은 뜨거운 자전거 시장의 수혜를 받았습니다. 지난해 연결 매출은 77억6000만 위안으로 연간 26.52% 증가했으며 매출은 3년 연속 사상 최대치를 경신했다.


Looking forward to 2022, both the assembly plant and the parts plant are full of orders, and the operation is expected to continue to increase. However, there are still uncertainties in the supply of components, which may interfere with the growth rate. 

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