Childrens Bicycle Market by Wheel Type and Geography - Forecast and Analysis 2021-2025
- Published: Jul 2021
- Pages: 120
- SKU: IRTNTR70754
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The children's bicycle market has the potential to grow by USD 2.59 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.46%.
This children's bicycle market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by wheel type (18 inches, 20 inches, 16 inches, and 24 inches) and geography (APAC, Europe, North America, South America, and MEA). The children's bicycle market report also offers information on several market vendors, including Accell Group NV, ByK Bikes, Dorel Industries Inc., Firefox Bikes, Giant Manufacturing Co. Ltd., Haro Bikes, Hero Cycles Ltd., Islabikes, Malvern Star, and Trek Bicycle Corp. among others.
What will the Children's Bicycle Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Children's Bicycle Market
Children's Bicycle Market: Key Drivers and Trends
The donation of bicycles to children is notably driving the children's bicycle market growth, although factors such as inflated cost of inputs and R&D expenditure may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the children's bicycle market industry get your FREE report sample now.
This children's bicycle market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Children's Bicycle Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Accell Group NV
- ByK Bikes
- Dorel Industries Inc.
- Firefox Bikes
- Giant Manufacturing Co. Ltd.
- Haro Bikes
- Hero Cycles Ltd.
- Malvern Star
- Trek Bicycle Corp.
The children's bicycle market is fragmented and the vendors are deploying growth strategies such as focusing on R&D to improve their product portfolio to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the children's bicycle market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Children's Bicycle Market?
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51% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for children's bicycle market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The continuously rising children population in APAC will facilitate the children's bicycle market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Wheel Type Segments in the Children's Bicycle Market?
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The children's bicycle market share growth by the 18 inches segment will be significant during the forecast period. Bicycles with a wheel diameter of 18 inches are preferred for children in the age group of 6-8 years. These are available with various advanced features such as hand brakes and/or foot brakes to ensure safe stops and easily adjustable seats and in a variety of themes and colors.
Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in the demand for outdoor children's bicycles. As sports and outdoor activities such as cycling, watersports, and camping have been banned in most countries due to the COVID-19 pandemic, people are actively engaging in fitness practices at home. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the children's bicycle market size.
What are the Key Factors Covered in this Children's Bicycle Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive children's bicycle market growth during the next five years
- Precise estimation of the children's bicycle market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the children's bicycle market industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of children's bicycle market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Donation of bicycles to children
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