PUBLISHER: IMARC | PRODUCT CODE: 1267795
PUBLISHER: IMARC | PRODUCT CODE: 1267795
Kids Bicycle Market by Type (Battery Operated, Conventional), Size (Less than 12 Inch, 12 Inch-14 Inch, 14 Inch-16 Inch, 16 Inch-18 Inch, 18 Inch-20 Inch, 20 Inch-24 Inch), Distribution Channel (Offline, Online), and Region 2023-2028
Market Overview:
The global kids bicycle market size reached US$ 4.25 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.12 Billion by 2028, exhibiting a growth rate (CAGR) of 3.0% during 2023-2028. The increasing expenditure capacities of consumers, growing awareness about physical fitness, and various product innovations represent some of the key factors driving the market.
A kid's bicycle is a vehicle with wheels, pedals, brakes, a seat, a carrier, a drive chain, and a handlebar. It is pushed by pedals fixed at their base and is directed with the assistance of handlebars. Some kid's bicycles also have additional features, such as training wheels or a smaller number of gears to make them easier for children to ride and control. Riding a bicycle helps in providing a fun and healthy activity, improving physical fitness and cardiovascular health, developing coordination and balance, building self-confidence and independence, and encouraging outdoor activities and exploration. As compared to adult bicycles, kid's bicycles have smaller frame sizes, lower seat height, a single front chainring, and provide better balance.
Kids Bicycle Market Trends:
The increasing awareness about physical fitness across the globe is one of the key factors driving the market growth. Cycling helps to improve fitness, strength, balance, and coordination and boosts a positive mental attitude. In line with this, the rising inclination of parents to promote an active lifestyle among their kids is acting as another growth-inducing factor. Moreover, the increasing popularity of cycling as a sport and the growing number of cycling clubs, training centers, and schools that incorporate cycling into everyday life are favoring the market growth. These establishments aim to incorporate cycling as a part of physical fitness regime from an early age, which, in turn, is facilitating the demand for kid's bicycles. Apart from this, the introduction of kid's bicycles with bright colors, and modern designs, that are patterned with famous superheroes, sportsmen, comic characters, and kids' celebrities is providing an impetus to the market growth. Additionally, the launch of kid's bicycles with musical horns, lighted wheels, and additional baskets either in front of the handlebars or behind the seat is propelling the market growth. Furthermore, the rising inclination toward outdoor activities that promote physical activity and social interaction among children is positively influencing the market growth. Besides this, manufacturers are focusing on the development of two-seater bicycles, wherein both are facilitated with pedals preferred by same-aged siblings is creating a positive outlook for the market. Other factors, including rising health consciousness, a growing number of events, including marathons, races, and sporting festivals, increasing expenditure capacities of consumers, and the implementation of various government initiatives to promote cycling among kids, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global kids bicycle market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type, size, and distribution channel.
Type Insights:
- Battery Operated
- Conventional
The report has provided a detailed breakup and analysis of the kids bicycle market based on the type. This includes battery operated and conventional. According to the report, conventional represented the largest segment.
Size Insights:
- Less than 12 Inch
- 12 Inch-14 Inch
- 14 Inch-16 Inch
- 16 Inch-18 Inch
- 18 Inch-20 Inch
- 20 Inch-24 Inch
A detailed breakup and analysis of the kids bicycle market based on the seeding size has also been provided in the report. This includes less than 12 inch, 12 inch-14 inch, 14 inch-16 inch, 16 inch-18 inch, 18 inch-20 inch, and 20 inch-24 inch. According to the report, 12 inch-14 inch accounted for the largest market share.
Distribution Channel Insights:
- Offline
- Online
The report has provided a detailed breakup and analysis of the kids bicycle market based on the distribution channel. This includes offline and online. According to the report, offline represented the largest segment.
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for kids bicycle. Some of the factors driving the Europe kids bicycle market included the rising inclination toward outdoor activities, increasing health consciousness and growing number of sporting events.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global kids bicycle market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Cannondale, Fuji Bikes, Giant Bicycles, GT Bicycles, Haro Corporation, Hero Cycles Ltd., Kona, Merida Bikes, Samchuly Co. Ltd., Scott Sports SA, Specialized Bicycle Components, Tianjin Fuji-Ta Co. Ltd., Trek Bicycle Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global kids bicycle market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global kids bicycle market?
- What is the impact of each driver, restraint, and opportunity on the global kids bicycle market?
- What are the key regional markets?
- Which countries represent the most attractive kids bicycle market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the kids bicycle market?
- What is the breakup of the market based on the size?
- Which is the most attractive size in the kids bicycle market?
- What is the breakup of the market based on distribution channel?
- Which is the most attractive distribution channel the kids bicycle market?
- What is the competitive structure of the global kids bicycle market?
- Who are the key players/companies in the global kids bicycle market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Kids Bicycle Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Battery Operated
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Conventional
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Size
- 7.1 Less than 12 Inch
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 12 Inch-14 Inch
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 14 Inch-16 Inch
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 16 Inch-18 Inch
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 18 Inch-20 Inch
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 20 Inch-24 Inch
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Offline
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Online
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Cannondale
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Fuji Bikes
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Giant Bicycles
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 GT Bicycles
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Haro Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Hero Cycles Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Kona
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Merida Bikes
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Samchuly Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Scott Sports SA
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Specialized Bicycle Components
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Tianjin Fuji-Ta Co. Ltd.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Trek Bicycle Corporation
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 Cannondale
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Kids Bicycle Market: Major Drivers and Challenges
- Figure 2: Global: Kids Bicycle Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Kids Bicycle Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Kids Bicycle Market: Breakup by Type (in %), 2022
- Figure 5: Global: Kids Bicycle Market: Breakup by Size (in %), 2022
- Figure 6: Global: Kids Bicycle Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Kids Bicycle Market: Breakup by Region (in %), 2022
- Figure 8: Global: Kids Bicycle (Battery Operated) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Kids Bicycle (Battery Operated) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Kids Bicycle (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Kids Bicycle (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Kids Bicycle (Less than 12 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Kids Bicycle (Less than 12 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Kids Bicycle (12 Inch-14 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Kids Bicycle (12 Inch-14 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Kids Bicycle (14 Inch-16 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Kids Bicycle (14 Inch-16 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Kids Bicycle (16 Inch-18 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Kids Bicycle (16 Inch-18 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Kids Bicycle (18 Inch-20 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Kids Bicycle (18 Inch-20 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Kids Bicycle (20 Inch-24 Inch) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Kids Bicycle (20 Inch-24 Inch) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Kids Bicycle (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Kids Bicycle (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Kids Bicycle (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Kids Bicycle (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Kids Bicycle Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Kids Bicycle Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Kids Bicycle Industry: Drivers, Restraints, and Opportunities
- Figure 78: Global: Kids Bicycle Industry: Value Chain Analysis
- Figure 79: Global: Kids Bicycle Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Kids Bicycle Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Kids Bicycle Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Kids Bicycle Market Forecast: Breakup by Size (in Million US$), 2023-2028
- Table 4: Global: Kids Bicycle Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Kids Bicycle Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Kids Bicycle Market: Competitive Structure
- Table 7: Global: Kids Bicycle Market: Key Players
