Market Overview:
The global junior 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 junior bikes from boys and girls across different regions. In terms of type, the mountain bike segment is expected to hold a major share in the global junior bikes market during the forecast period. This can be attributed to the growing popularity of mountain biking among youngsters. In terms of application, boys are expected to account for a larger share in the global junior bikes market than girls during the forecast period.
Product Definition:
A junior bike is a smaller, lower-powered bicycle designed for children. They are typically less expensive than adult bikes, and are often fitted with training wheels to help children learn how to ride. Junior bikes can be a great way for children to get exercise and explore their surroundings.
Mountain Bike:
Mountain Bike is a bicycle with two wheels, one of them is higher than the other, and it's used for riding over mountain ranges or through rough terrains. The bike has been in use since the early 70s and its usage has increased owing to growing fitness consciousness among people. Mountain bikes have been gaining popularity as they are capable of providing an excellent workout to the rider due to their tough construction and ability to travel at high speeds.
Road Bike:
Road bike is a type of bicycle, which has been designed primarily for use by individuals who regularly ride on the road or flat surface as opposed to those who are more comfortable using bikes with more knobby tires. Road bikes have a lower frame and higher seat tube that tapers down towards the rear wheel, which offers better balance and stability while riding. The design offers better aerodynamics in comparison to mountain bikes.
Application Insights:
The other application segment includes the applications such as men, women and children. The other segment held a major share of the global junior bikes market in 2017. This is attributed to rising disposable income among middle-class population, especially in Asia Pacific and Central & South America. Moreover, increasing spending on sports activities by parents is expected to fuel the demand for bicycles in this category over the forecast period.
Road bikes are generally preferred by boys owing to their ability to travel long distances at high speeds compared with mountain or BMX bikes.
Regional Analysis:
North America dominated the global Junior Bikes Market in 2017. The region is expected to witness a considerable growth rate of over 6% from 2018 to 2030. This can be attributed to increasing awareness regarding cycling as a sport, and an alternative mode of transportation, along with rising competition among riders based on age group. Moreover, presence of established companies such as Cannondale and Specialized that have been consistently investing in R&D for developing advanced products within the budget-friendly limits will drive the market further.
Asia Pacific is anticipated to emerge as one of the fastest growing regions during the forecast period owing to increasing popularity towards sports activities amongst kids especially in countries such as China and India which has resulted into increased demand for bicycles within this region. In addition, rising number of competitions held across various cities wherein participants race against each other on different types bicycle will boost product sales further driving industry growth over next eight years to 2030 periods).
Growth Factors:
- Increasing disposable income of the middle-class families in developing countries is expected to boost the demand for junior bikes.
- Growing popularity of cycling as a mode of transportation is anticipated to fuel the growth of junior bikes market.
- Rising awareness about health and fitness among youngsters is projected to propel the demand for junior bikes over the forecast period.
- Technological advancements in bike manufacturing are likely to create new opportunities for players operating in Junior Bikes market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Junior Bikes Market Research Report
By Type
Mountain Bike, Road Bike, Other
By Application
Boys, Girls, Other
By Companies
Schwinn Bicycles, Haro Bikes, Trek Bikes, Giant, Titan Bikes, Kawasaki, Kent, Pigeon, Forever, Diamondback, Huffy Corporation, Cleary Bikes, Woom Bikes, Goodbaby, Mongoose, Islabikes, Saracen, Raleigh, KONA BIKES, Norco Bicycles, Commencal, Lil Shredder, Specialized Bicycle, John Deere, Dynacraft
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 Junior Bikes Market Report Segments:
The global Junior Bikes market is segmented on the basis of:
Types
Mountain Bike, Road Bike, 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
Boys, Girls, 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:
- Schwinn Bicycles
- Haro Bikes
- Trek Bikes
- Giant
- Titan Bikes
- Kawasaki
- Kent
- Pigeon
- Forever
- Diamondback
- Huffy Corporation
- Cleary Bikes
- Woom Bikes
- Goodbaby
- Mongoose
- Islabikes
- Saracen
- Raleigh
- KONA BIKES
- Norco Bicycles
- Commencal
- Lil Shredder
- Specialized Bicycle
- John Deere
- Dynacraft
Highlights of The Junior 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 Bike
- Road Bike
- Other
- By Application:
- Boys
- Girls
- 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 Junior 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Junior Bikes are bicycles designed for children aged 8 to 12. They typically have a lower frame and smaller wheels than adult bikes, making them easier to ride and more stable. Junior Bikes also come with child-sized saddles, which make them comfortable for smaller riders.
Some of the key players operating in the junior bikes market are Schwinn Bicycles, Haro Bikes, Trek Bikes, Giant, Titan Bikes, Kawasaki, Kent, Pigeon, Forever, Diamondback, Huffy Corporation, Cleary Bikes, Woom Bikes, Goodbaby, Mongoose, Islabikes, Saracen, Raleigh, KONA BIKES, Norco Bicycles, Commencal, Lil Shredder, Specialized Bicycle, John Deere, Dynacraft.
The junior bikes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Junior Bikes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Junior Bikes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Junior Bikes Market - Supply Chain
4.5. Global Junior Bikes Market Forecast
4.5.1. Junior Bikes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Junior Bikes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Junior Bikes Market Absolute $ Opportunity
5. Global Junior Bikes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Junior Bikes Market Size and Volume Forecast by Type
5.3.1. Mountain Bike
5.3.2. Road Bike
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Junior Bikes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Junior Bikes Market Size and Volume Forecast by Application
6.3.1. Boys
6.3.2. Girls
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Junior Bikes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Junior Bikes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Junior Bikes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Junior Bikes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Junior Bikes Demand Share Forecast, 2019-2029
9. North America Junior Bikes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Junior Bikes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Junior Bikes Market Size and Volume Forecast by Application
9.4.1. Boys
9.4.2. Girls
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Junior Bikes Market Size and Volume Forecast by Type
9.7.1. Mountain Bike
9.7.2. Road Bike
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Junior Bikes Demand Share Forecast, 2019-2029
10. Latin America Junior Bikes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Junior Bikes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Junior Bikes Market Size and Volume Forecast by Application
10.4.1. Boys
10.4.2. Girls
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Junior Bikes Market Size and Volume Forecast by Type
10.7.1. Mountain Bike
10.7.2. Road Bike
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Junior Bikes Demand Share Forecast, 2019-2029
11. Europe Junior Bikes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Junior Bikes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Junior Bikes Market Size and Volume Forecast by Application
11.4.1. Boys
11.4.2. Girls
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Junior Bikes Market Size and Volume Forecast by Type
11.7.1. Mountain Bike
11.7.2. Road Bike
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Junior Bikes Demand Share, 2019-2029
12. Asia Pacific Junior Bikes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Junior Bikes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Junior Bikes Market Size and Volume Forecast by Application
12.4.1. Boys
12.4.2. Girls
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Junior Bikes Market Size and Volume Forecast by Type
12.7.1. Mountain Bike
12.7.2. Road Bike
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Junior Bikes Demand Share, 2019-2029
13. Middle East & Africa Junior Bikes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Junior Bikes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Junior Bikes Market Size and Volume Forecast by Application
13.4.1. Boys
13.4.2. Girls
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Junior Bikes Market Size and Volume Forecast by Type
13.7.1. Mountain Bike
13.7.2. Road Bike
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Junior Bikes Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Junior Bikes Market: Market Share Analysis
14.2. Junior Bikes Distributors and Customers
14.3. Junior Bikes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schwinn Bicycles
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Haro Bikes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trek Bikes
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Giant
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Titan Bikes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kawasaki
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kent
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pigeon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Forever
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Diamondback
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huffy Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cleary Bikes
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Woom Bikes
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Goodbaby
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mongoose
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Islabikes
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Saracen
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Raleigh
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. KONA BIKES
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Norco Bicycles
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
