Manufacturers Can’t Keep Up With Exploding Demand For Bikes
If you are looking to buy a bike this summer, you might be out of luck.
The cycling boom started last year with thecontinued into 2021, creating a shortage across the country. Manufacturers are struggling to supply bicycles to a growing customer base of people new to the outdoors.
The shortage leaves business owners with little or nothing in stock – and customers with few options.
Jason Dohrmann, owner of Summit Ski & Cycle in Los Angeles, said he’s never seen a shortage of bikes like this before. Dohrmann told CBS News correspondent Nichelle Medina that her store ran out of bikes last year.
“We’re definitely not making that much money, but we’re making just enough to survive right now,” Dohrmann said.
Dohrmann said he believes he won’t have any bikes to sell until next year. Until then, he shifts gears and focuses on repairing bikes when he can get parts.
“The bikes would have to stay here for a few more weeks waiting for a part when we usually do it in a day,” he said.
Dohrmann’s problem is similar in the United States During the pandemic, bike makers said they slowed down production because people were forced to stay indoors. But once the COVID-19 restrictions start to lift,and manufacturers have yet to catch up, an analyst said.
Bike sales increased 55% between December 2020 and February 2021 compared to the same period in 2019, said Matt Powell, senior industry advisor and vice president of market research firm NPD Group. Bike sales are part of a larger trend for Americans to buy more outdoor gear this summer, Powell told CBS News.
“We see camp furniture, grills, coolers, hammocks, recreational tents, all very sturdy,” he said. “And then, of course, the cycling industry has been exceptional.”