Kids bicycle

Global Kids Bicycle Market Size, by Type (Geared, Non-geared), Design (With Support Wheels, Without Support Wheels), Distribution Channel (Offline, Online), & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Consumer Goods     ID: IRP1775     Date: Sep, 2020
The global kids bicycle market was estimated to be valued at USD XX million in 2015 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2019 to 2026. Scope of global kids Bicycle Market includes by type (Geared, Non-geared), by design (With Support Wheels, Without Support Wheels), by distribution channel (Offline, Online), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

A bicycle, also called cycle is a human powered vehicle, having two wheels and attached to a frame, one behind from other. Bicycles have been and are employed for many uses, such as transportation, touring, and for physical fitness. Bicycles are available in different size, depending upon their users. Kids bicycle are smaller in size, and have two small support wheels at the bottom of rear wheel for safety purpose. It has been observed that kids are especially interested in bicycles, as it plays a major source of entertainment and pleasure in their life. Kids prefer doing cycling during their leisure time with their friends as a fun activity.

Moreover, to promote healthy lifestyle and better growth of children, parents and teachers are more focused in promoting use bicycle in their day to day life. Kids bicycle are available in a wide range of colors, patterns based on the cartoon characters, superheroes, and also based on different music horns. However, school kids tend to own a bicycle more likely than any other group, as bicycle offers a good mode of transportation for school kids and this factor plays a major role in driving the growth of bicycle market across the globe. Moreover, if a kid wants to be in a racing activity, then parents are more focused about choosing their bicycle that are equipped with safety and comfort. In order to make environment cleaner, the government and the local bodies have been organizing many events, like marathon, racing, and sporting events, to promote the use of bicycle among kids. Thus, the manufacturers have been introducing new features to enhance the performance of bicycles, and to create interest among the kids.

However, fear of parents about their children cycling on busy roads is expected to only restrain to bicycle market across the globe. While, the countries in Asia pacific region, which are highly polluted such as, China, and India have been motivating their citizens to use bicycle for environmental benefits, health benefits, and for safety. However, kids’ bicycles play a key role in driving the market size of bicycles across the globe over the forecast years. Moreover, it is observed that easy availability of bicycles with a wide range of price is expected to have a positive impact on the market growth. The government has taken initiatives with the help of roadways by constructing separate roads for cyclists, in order to reduce the pollution, and to promote the use of bicycles among the people.

The global kids bicycle market is primarily segmented by type, design, distribution channel, and region.

In terms of type, the market is split into:
* Geared
* Non-geared

In terms of design, the market is divided into:
* With Support Wheels
* Without Support Wheels

On the distribution channel, the market is segmented into:
* Offline
* Online

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Decathlon
* Atlas Cycle Ltd.
* Hero Cycles
* Firefox Bikes Pvt. Ltd.
* Dorel Industries Inc.
* Tianjin Fuji-Ta Bicycle Co. Ltd.
* Tandem Group
* Accell Group N.V.
* Trek Bicycle Corporation.
* GT Bicycles
* Santa Cruz Bicycles
* SCOTT Sports SA

These enterprises have been focusing on development strategies, such as expansions, new product launches, agreements & partnerships, and acquisitions to expand their business across the globe.
Key Benefits of the Report:
* Global, regional, country, type, distribution channel, and design market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis and insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key products, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new product introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, type, distribution channel, and design with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of kids bicycle
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Kids Bicycle manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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