China has a huge bicycle market. It is estimated that Beijing alone has almost ten million bicycles. It’s a well-known reality that china is the biggest producer of bicycles in the world. According to industry analysis, china produced almost 90 million to 100 million units in 2007 of which 65 to 75 million units were exported.
At the same time, china produces an eye-popping 50-60 percent of the world’s total bicycles whereas India had a share of around 12-13 percent. Though in recent times, Chinese bicycle domestic market has reduced to a great extent. Chinese government has started focussing on more usage of cars and that has led to reduction in bicycle usage. But this reduction in bicycle market has in turn promoted usage of electric bikes. Almost 7 million electric bikes are produced in china every year. Most of the Chinese bicycle manufacturing companies also produce electric bikes.
Most of the Chinese bicycle manufacturing companies are government owned. There are few Chinese bicycle companies in India but they don’t have a substantial presence because of the Indian domestic market scenario. Indians are also known to produce cheapest bicycles and that makes it very tough for foreign companies to make a considerable dent in the Indian domestic market.
Though, few Chinese manufacturers of bicycles have established assembly plant in India where they assemble knocked down forms of bicycles. This helps in saving the cost. Chinese bicycle manufacturers’ presence has also helped in rationalisation of cost in Indian market.
Few of the major Chinese bicycle manufacturers are, A&B Super International Co. Ltd, Riz China Industry Limited, Hangzhou Yuan’s Industrial Co., Ltd, Ningbo Wealthy Industry & Trade Co., Limited, Kespor International Group Ltd, Changzhou Zhongbang Chemical Group Co., Ltd, Hangzhou Xinrui Bike Industrial Co., Ltd, Nanjing Kajia Technology Co., Ltd, J.Union Tech ( Dong Guan ) Co., Ltd. etc. Most of the top Chinese bicycle manufacturing companies make different sort of bicycles like road bicycle, tandem bicycle, unicycles, beach cruisers, carbon cycles, folding cycles, gas bicycles etc.
Related posts: