The annual Taipei International Cycle Show (TAIPEI CYCLE), held from March 6th to March 9th, 2024, at Nangang Exhibition Center Halls 1 and 2, was a grand success. It attracted a total of 950 domestic and international exhibitors, utilizing 3,500 booths. The exhibition scale has grown by nearly 15% compared to last year and 5% compared to pre-pandemic levels.
Internationally renowned brands such as MERIDA, GIANT, KMC, SRAM, and SHIMANO were all present. This year's exhibition centered around four main themes: "Micro Mobility," "Green Practices," "Innovation and Startups," and "Cycling Culture and Lifestyle," showcasing the complete industry chain and echoing the global trend towards sustainability with various activities.
The Taiwanese bicycle industry experienced a decline in both the export volume and value of complete bicycles and parts in 2023 due to inventory adjustments. However, industry experts predict that the worst may be over, with expectations of inventory digestion in the latter half of this year.
As the bicycle industry aligns with the global trends of sustainable decarbonization and healthy active living, it is expected to continue growing in the future. This year's exhibition saw pre-registered visits from over 3,000 international buyers from more than 70 countries, offering promising prospects for industry prosperity and business opportunities throughout the year.
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We wish you a great show!