Children's Bicycle Market size to grow by USD 4.88 billion from 2023 to 2028, The market is fragmented due to the presence of prominent companies like Accell Group NV, ByK Bikes USA and Dorel Industries Inc., and C. S.r.l, and many more - Technavio

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- The children's bicycle market is estimated to grow by USD 4.88 billion from 2023 to 2028, growing at a CAGR of 5.36%. The children's bicycle market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer children's bicycle market are Accell Group NV, ByK Bikes USA, Colnago Ernesto and C. S.r.l, Dorel Industries Inc., Fuji Bikes, Giant Manufacturing Co. Ltd., GT Bicycles, Guardian Bikes, Haro Bikes, Hero Motors Co., Islabikes, Kona Bicycle Co., Malvern Star, Merida Industry Co. Ltd., Prevelo Bikes, Santa Cruz Bicycles LLC, SCOTT Sports SA, Specialized Bicycle Components Inc., Trek Bicycle Corp., and Woom. The report provides a full list of key companies, their strategies, and the latest developments. Download a Sample before buying

Company Offering:

• Accell Group NV - The company offers children's bicycles under the brand name Loekie such as Haibike, Winora, and Ghost.
• ByK Bikes USA - The company offers children's bicycles such as BYK E-200L for Children 12, and BYK E-250L for Children 14.
• Dorel Industries Inc. - The company offers children's bicycles through its subsidiary Cannondale such as Kids Trail Plus 24, Kids Trail 12, and Kids Trail Balance.
• For details on companies and their offerings – Buy the report!

By Geography, the market is classified as APAC, Europe, North America, South America, and Middle East and Africa.

• APAC is estimated to contribute 51% to the growth of the global market during the forecast period. China, India, and Australia are the most important contributors to the children's bicycle market in the region. Many safety features, such as Knuckle guards and Night vision handlebars offering improved visibility in low light, are offered by manufacturers.

Download a sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Donation of bicycles to children
• Key Trend - Advanced safety features in children's bicycle
• Major Challenges - Safety concerns in the children's bicycle

 Market Segmentation

• By Distribution Channel, the market is classified into offline and online. The offline segment is estimated to witness significant growth during the forecast period. They shall be made up of specialty bicycle shops, department stores, sports goods outlets, supermarket hypermarkets, and online-to-offline (O2O) stores. In an omnichannel strategy, the advantages of brick-and-mortar retailing are mixed with the convenience of online shopping.

Technavio Research experts have provided more insights on the market share of segments - View a Sample Report

Related Reports

The sports bicycle market size is estimated to grow at a CAGR of 6.19% between 2022 and 2027. The market size is forecast to increase by USD 5.52 billion. 

The baby fashion accessories market is estimated to grow at a CAGR of 4.84% between 2022 and 2027. The size of the market is forecast to increase by USD 1,530.55 million. 

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base comprises enterprises of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact US:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED