Market Overview:
The global kids' bikes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for kids' bikes across different regions, owing to various factors such as an increase in disposable income, changing lifestyle trends and rising awareness about the importance of physical activity among children. In addition, growing popularity of cycling as a mode of transportation is also propelling the growth of this market. Based on type, mountain bikes are expected to lead the global kids' bikes market during the forecast period due to their growing popularity among children for recreational purposes such as cycling and hiking. Road bikes are also gaining traction due their ability to provide a smooth and comfortable riding experience over long distances when compared with mountain bikes.
Product Definition:
A kids' bike is a bicycle designed for children. Kids' bikes come in a variety of sizes and styles, but all share one common goal: to make cycling fun and safe for kids.
The importance of kids' bikes is twofold. First, they provide children with a fun way to get exercise and explore their surroundings. Second, they help teach young cyclists the basics of riding safely on the road.
Mountain Bikes:
Mountain bikes are bicycles that are designed for off-road or rough terrain use. The design of mountain bikes varies, but generally they have wider tires, knobbier handlebars and a higher seat than road or flat-race bikes. Mountain biking is growing in popularity as an outdoor activity with the rise in environmental awareness and fitness consciousness among people across the globe.
Road Bikes:
Road bikes are also known as mountain bikes, they are a type of bicycle with very upright seating and high handlebars. Road biking is popular because it's a lot of fun, it helps keep you fit and healthy, and it can even help you make money. But the main reason why people like road biking is because its so much more freeing than any other form of cycling. It gives freedom to explore on two wheels without any concerns about traffic or cars or pedestrians.
Application Insights:
The racing application segment dominated the global kids¢â‚¬â„¢ bikes market in 2017. This is attributed to increasing participation rates in organized sports and fitness activities among children. Furthermore, parents are encouraging their children to ride bicycles for transportation as they understand the importance of physical exercise and health. Moreover, bicycle manufacturers are focusing on developing products with better aesthetics that appeal to kids along with improved performance features which results in increased demand for racing bicycles among young riders.
In addition, transport applications accounted for a significant share of the overall revenue due to rising use of kid¢â‚¬â„¢s bikes as primary modes of transportation among school going children across various regions including Asia Pacific and Latin America. In addition, growing awareness regarding bike safety coupled with effective government policies promoting biking at a recreational level will boost industry growth over the forecast period globally.
Regional Analysis:
North America dominated the global kids' bikes market in 2017. The U.S., as a host of the Olympics, is expected to promote sports and fitness among children and youths, which will have a positive impact on the growth of this market over the forecast period. Europe accounted for more than 25% share in 2017 owing to high popularity of bicycling among youths in Germany, France, Italy and other countries. Moreover, increasing number of competitions including 24-hour race across Europe will boost product demand over next eight years.
Growth Factors:
- Increasing disposable income of parents: This is the key growth driver for the kids' bikes market as parents are now more inclined to spend on their children's hobbies and interests.
- Growing popularity of cycling as a hobby: Cycling has become a popular leisure activity among kids and this is driving demand for kids' bikes.
- Rising awareness about the health benefits of cycling: There is growing awareness about the health benefits of cycling, which is prompting more people to buy kids' bikes.
- Technological advancements in bike design and manufacturing: Bike manufacturers are constantly innovating their designs to make them more appealing to children, thus boosting demand for kids' bikes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Kids' Bikes Market Research Report
By Type
Mountain Bikes, Road Bikes, Other
By Application
Transport, Racing, Other
By Companies
Trek Bikes, Schwinn Bicycles, Haro Bikes, Giant, Diamondback, Titan Bikes, Cleary Bikes, Kawasaki, Huffy Corporation, Kent, Trek Bikes, Mongoose, Phenix, Pigeon, Forever
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Kids' Bikes Market Report Segments:
The global Kids' Bikes market is segmented on the basis of:
Types
Mountain Bikes, Road Bikes, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transport, Racing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trek Bikes
- Schwinn Bicycles
- Haro Bikes
- Giant
- Diamondback
- Titan Bikes
- Cleary Bikes
- Kawasaki
- Huffy Corporation
- Kent
- Trek Bikes
- Mongoose
- Phenix
- Pigeon
- Forever
Highlights of The Kids' Bikes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mountain Bikes
- Road Bikes
- Other
- By Application:
- Transport
- Racing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Kids' Bikes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Kids' bikes are bicycles that are designed for children. They usually have a lower frame and smaller wheels than adult bikes, which makes them easier to ride. Kids' bikes also often have shorter handlebars, making them easier to control.
Some of the major companies in the kids' bikes market are Trek Bikes, Schwinn Bicycles, Haro Bikes, Giant, Diamondback, Titan Bikes, Cleary Bikes, Kawasaki, Huffy Corporation, Kent, Trek Bikes, Mongoose, Phenix, Pigeon, Forever.
The kids' bikes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Kids' Bikes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Kids' Bikes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Kids' Bikes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Kids' Bikes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Kids' Bikes Market Size & Forecast, 2020-2028 4.5.1 Kids' Bikes Market Size and Y-o-Y Growth 4.5.2 Kids' Bikes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mountain Bikes
5.2.2 Road Bikes
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transport
6.2.2 Racing
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kids' Bikes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Kids' Bikes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mountain Bikes
9.6.2 Road Bikes
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transport
9.10.2 Racing
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mountain Bikes
10.6.2 Road Bikes
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transport
10.10.2 Racing
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mountain Bikes
11.6.2 Road Bikes
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transport
11.10.2 Racing
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mountain Bikes
12.6.2 Road Bikes
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transport
12.10.2 Racing
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mountain Bikes
13.6.2 Road Bikes
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transport
13.10.2 Racing
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Kids' Bikes Market: Competitive Dashboard
14.2 Global Kids' Bikes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trek Bikes
14.3.2 Schwinn Bicycles
14.3.3 Haro Bikes
14.3.4 Giant
14.3.5 Diamondback
14.3.6 Titan Bikes
14.3.7 Cleary Bikes
14.3.8 Kawasaki
14.3.9 Huffy Corporation
14.3.10 Kent
14.3.11 Trek Bikes
14.3.12 Mongoose
14.3.13 Phenix
14.3.14 Pigeon
14.3.15 Forever