Global Children Bicycle Market Size, Share and Trends Analysis Report, By Type (Battery Operated, Conventional), By Application (Transporting, Racing), By Industry Vertical (Sports, Fitness, Healthcare, Others), Forecast (2022-2028)
The global children’s bicycle market is anticipated to grow at a moderate CAGR during the forecast period (2022-2028). The fears of caregivers about their children cycling on crowded roads, combined with anxiety have hindered training and accept cycling. Kids need to be encouraged to ride a bike, and develop a natural craving for “fun cycling”. The state-owned enterprises and bicycles are taking promotional activities to develop a long-lasting bicycle pattern which in turn driving the growth of the children bicycle market. Governments are focused on the introduction of bicycle distribution programs for school children and are expected to rise as one of the key drivers of national interest in cycling. The increase in the number of cycling events and the increase in the number of cycling clubs are factors that are expected to increase interest in targeted bikes and sports across the globe during the forecast period.
The health benefits associated with cycling is another major factor that drives bicycle interest among customers. It is noted that children especially enjoy bicycles by incorporating bright colors and modern designs. In addition, many of these bikes are owned by famous heroes, athletes, comedians, and children’s celebrities. Along with this, kids love products with music horns, and lighted wheels, and come with a basket either in front of the handles or behind the seat. Additionally, many organizations around the world are taking steps to donate bicycles to children to promote exercise routines to address childhood obesity, promote outdoor activities, and help overcome social issues.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Industry Vertical
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Giant Bicycles, Trek Bicycle Corp., SCOTT Sports SA, GT Bicycle, and Specialized Bicycle Components, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Children Bicycle Market Report by Segment
By Type
- Battery Operated
- Conventional
By Application
- Transporting
- Racing
By Industry Vertical
- Sports
- Fitness
- Healthcare
- Others
Global Children Bicycle Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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