Worldwide demand for sporting goods - especially fitness machines and bicycles - have sharply increased during the pandemic as governments around the world implement lockdowns and movement restrictions.
However, many factories are still not able to operate at full capacity due to various pandemic-related reasons: safe distancing measures, local partial or full lockdowns, etc.
The sourcing of raw materials has also been impacted by the pandemic.
And yet, due to rising demand, manufacturers are all bidding for the same shrinking pool of resources.
This is further compounded by decreased shipping capacity worldwide, which increases lead times for the shipping of raw materials and components from suppliers to factories and causes production delays.
Therefore, our ability to produce sporting goods like fitness machines and bicycles is heavily impacted, and the quantities we can produce are limited.