Market Overview:
The global kids bicycle 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 bicycles from 2-12 years old children, owing to the growing awareness about the importance of physical activity and health among youngsters. Additionally, rising disposable income and changing lifestyle preferences are also propelling the growth of this market. Based on type, the global kids bicycle market is segmented into less than 12 inches, 12-16 inches, 16-20 inches and 20-24 inches segments. Among these segments, 16-20 inch bicycles are expected to witness highest growth during the forecast period due to their growing popularity among youngsters as they provide better riding experience as compared with smaller bikes. Based on application,the global kids bicycle market is segmented into 2-5 years old children, 5-7 years old children 7 -9 year olds and 9 -12 year olds segments. Among these applications 5 – 7 year olds are expected witness highest CAGR during 2018 – 2030 due rising demand for bicycles for commuting purposes by parents across developed economies such as UAS.
Product Definition:
A bicycle designed for children, typically with a small frame, low seat, and simplified controls.
Less Than 12 inches:
It is the smallest segment in the bicycle market. It has been growing at a significant rate due to increasing health awareness among people and their inclination towards bicycling as a form of leisure activity. The growth factor for this market is less than 12 inches, which includes kids bicycles with training wheels, kids bikes with baskets attached and folding bikes for trips.
12-16 inches:
12-16 inches is the size of a standard kid's bicycle wheel. The smaller the wheel, the easier it is to ride. A good quality kids bicycle should have wheels that are at least 6 inches in diameter. The frame of a bike should be sturdy enough to support both rider and gear without sagging or being too small for safety purposes.
The 12-16 inch segment accounted for more than 50% share in 2015.
Application Insights:
2-5 years old application segment held the largest share of more than 40.0% in 2017. The growth is attributed to increasing spending on bicycles, which are a must-have for 2 to 5 year olds as they help them develop balance, coordination and pedal skills. Moreover, parents also prefer these bikes as they can be used at playdates and parks without any restrictions.
The 7-9 years old age group will witness the fastest growth over the forecast period owing to rising awareness about bicycle safety among parents regarding their children¢â‚¬â„¢s riding habits and future prospects concerning cycling activities such as racing or recreational riding.
Regional Analysis:
North America dominated the global kid's bicycle market in 2017. The U.S., as a leading country, has been witnessing high demand for bicycles with different sizes and types to choose from. According to the American Bicycle Association (ABA), an organization that promotes bicycling as a form of transportation, in 2016, around 39% of households owned at least one bicycle while 58% of households owned two or more bicycles. Moreover, according to ABA’s survey results published in 2017, 57% of Americans ride their bike regularly for fun and fitness while 33% ride their bike regularly for transportation purpose only.
Growth Factors:
- Increasing disposable income of parents is expected to drive the growth of the kid's bicycle market during the forecast period.
- Growing popularity of outdoor activities among kids is another major factor that is anticipated to fuel the demand for kid's bicycles in the coming years.
- Rising awareness about health and fitness among youngsters is also projected to boost demand for kid's bicycles in near future.
- Availability of a wide variety of kid's bicycles in different colors, designs, and sizes is likely to increase their adoption across regions worldwide. 5) Technological advancements such as introduction of electric-powered bikes for kids are expected to create new opportunities for players operating in this market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Kid's Bicycle Market Research Report
By Type
Less Than 12 inches, 12-16 inches, 16-20 inches, 20-24 inches
By Application
2-5 Years Old, 5-7 Years Old, 7-9 Years Old, 9-12 Years Old
By Companies
Accell Group, Trek Bikes, Giant Bicycles, Dorel Industries, Atlas Cycles, Samchuly Bicycle, Merida, Haro Bicycle, Firefox Bikes, Hero Cycles, Tianjin Fuji-Ta Bicycle
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 Kid's Bicycle Market Report Segments:
The global Kid's Bicycle market is segmented on the basis of:
Types
Less Than 12 inches, 12-16 inches, 16-20 inches, 20-24 inches
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
2-5 Years Old, 5-7 Years Old, 7-9 Years Old, 9-12 Years Old
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:
- Accell Group
- Trek Bikes
- Giant Bicycles
- Dorel Industries
- Atlas Cycles
- Samchuly Bicycle
- Merida
- Haro Bicycle
- Firefox Bikes
- Hero Cycles
- Tianjin Fuji-Ta Bicycle
Highlights of The Kid's Bicycle 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:
- Less Than 12 inches
- 12-16 inches
- 16-20 inches
- 20-24 inches
- By Application:
- 2-5 Years Old
- 5-7 Years Old
- 7-9 Years Old
- 9-12 Years Old
- 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 Kid's Bicycle 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Kid's bicycles are typically smaller, lighter, and designed for children. They may not have gears or brakes, and they may not be able to handle as much weight as adult bicycles.
Some of the major players in the kid's bicycle market are Accell Group, Trek Bikes, Giant Bicycles, Dorel Industries, Atlas Cycles, Samchuly Bicycle, Merida, Haro Bicycle, Firefox Bikes, Hero Cycles, Tianjin Fuji-Ta Bicycle.
The kid's bicycle market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Kid's Bicycle 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. Kid's Bicycle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Kid's Bicycle Market - Supply Chain
4.5. Global Kid's Bicycle Market Forecast
4.5.1. Kid's Bicycle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Kid's Bicycle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Kid's Bicycle Market Absolute $ Opportunity
5. Global Kid's Bicycle 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. Kid's Bicycle Market Size and Volume Forecast by Type
5.3.1. Less Than 12 inches
5.3.2. 12-16 inches
5.3.3. 16-20 inches
5.3.4. 20-24 inches
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Kid's Bicycle 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. Kid's Bicycle Market Size and Volume Forecast by Application
6.3.1. 2-5 Years Old
6.3.2. 5-7 Years Old
6.3.3. 7-9 Years Old
6.3.4. 9-12 Years Old
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Kid's Bicycle 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. Kid's Bicycle 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 Kid's Bicycle 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. Kid's Bicycle 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 Kid's Bicycle Demand Share Forecast, 2019-2026
9. North America Kid's Bicycle 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 Kid's Bicycle 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 Kid's Bicycle Market Size and Volume Forecast by Application
9.4.1. 2-5 Years Old
9.4.2. 5-7 Years Old
9.4.3. 7-9 Years Old
9.4.4. 9-12 Years Old
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Kid's Bicycle Market Size and Volume Forecast by Type
9.7.1. Less Than 12 inches
9.7.2. 12-16 inches
9.7.3. 16-20 inches
9.7.4. 20-24 inches
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 Kid's Bicycle Demand Share Forecast, 2019-2026
10. Latin America Kid's Bicycle 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 Kid's Bicycle 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 Kid's Bicycle Market Size and Volume Forecast by Application
10.4.1. 2-5 Years Old
10.4.2. 5-7 Years Old
10.4.3. 7-9 Years Old
10.4.4. 9-12 Years Old
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Kid's Bicycle Market Size and Volume Forecast by Type
10.7.1. Less Than 12 inches
10.7.2. 12-16 inches
10.7.3. 16-20 inches
10.7.4. 20-24 inches
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 Kid's Bicycle Demand Share Forecast, 2019-2026
11. Europe Kid's Bicycle 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 Kid's Bicycle 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 Kid's Bicycle Market Size and Volume Forecast by Application
11.4.1. 2-5 Years Old
11.4.2. 5-7 Years Old
11.4.3. 7-9 Years Old
11.4.4. 9-12 Years Old
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Kid's Bicycle Market Size and Volume Forecast by Type
11.7.1. Less Than 12 inches
11.7.2. 12-16 inches
11.7.3. 16-20 inches
11.7.4. 20-24 inches
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectons 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 Kid's Bicycle Demand Share, 2019-2026
12. Asia Pacific Kid's Bicycle 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 Kid's Bicycle 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 Kid's Bicycle Market Size and Volume Forecast by Application
12.4.1. 2-5 Years Old
12.4.2. 5-7 Years Old
12.4.3. 7-9 Years Old
12.4.4. 9-12 Years Old
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Kid's Bicycle Market Size and Volume Forecast by Type
12.7.1. Less Than 12 inches
12.7.2. 12-16 inches
12.7.3. 16-20 inches
12.7.4. 20-24 inches
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 Kid's Bicycle Demand Share, 2019-2026
13. Middle East & Africa Kid's Bicycle 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 Kid's Bicycle 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 Kid's Bicycle Market Size and Volume Forecast by Application
13.4.1. 2-5 Years Old
13.4.2. 5-7 Years Old
13.4.3. 7-9 Years Old
13.4.4. 9-12 Years Old
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Kid's Bicycle Market Size and Volume Forecast by Type
13.7.1. Less Than 12 inches
13.7.2. 12-16 inches
13.7.3. 16-20 inches
13.7.4. 20-24 inches
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 Kid's Bicycle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Kid's Bicycle Market: Market Share Analysis
14.2. Kid's Bicycle Distributors and Customers
14.3. Kid's Bicycle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Accell Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trek 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. Giant Bicycles
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dorel Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atlas Cycles
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Samchuly Bicycle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Merida
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haro Bicycle
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Firefox Bikes
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hero Cycles
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tianjin Fuji-Ta Bicycle
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
