News and Info | Bike Force Joondalup

Supply and demand in 2021

  • Posted on
  • By Dave Griffiths
  • Posted in Covid, Stock
  • 1

The bike industry has been in chaos for the last twelve months. The sudden spike in demand worldwide, as a result of Covid, has left everyone scrambling for stock. In some countries demand went up over 300%. Manufacturers of new bikes have ramped up production as much as possible to meet this demand but the component (forks, saddles, tyres, gears etc) suppliers cannot meet this demand and the factories are all at 100% of their capacity – these factors are leading to delays in the supply of new bikes and in the supply of components.