Kid’s Bicycle Market Forecast Based on Trend Analysis and Growth opportunities during 2017-2022

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A latest trend observed in the global kid’s bicycle market is parents persuading their children that cycling is an accessible and enjoyable form of family mobility. The government as well as the bicycle industry are taking responsibilities of promoting and improving the long-lasted trend of cycling. The report, compiled by FactMR, provides in-depth analysis of the global kid’s bicycle market for the forecast period 2017-2022, and offers key insights about future market direction.

The scope of FactMR’s report is to analyze the global Kid’s Bicycle Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Kid’s bicycle manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals. The report commences with a brief information of the global kid’s bicycle market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global kid’s bicycle market.

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A bicycle is a vehicle, devoid of the need for fuel, composed of two wheels and held in a frame placed one behind the other. Bicycles are propelled by pedals fixed at their bottom, and are steered with the help of handlebars, that are attached at the top of the front wheel. Kids’ bicycles are smaller in size, and sometimes have two small support wheels at the bottom-end of the rear wheel.

Navigation of the market for kids’ bicycles has always remained challenging. Parents are more focused on providing their children with an impressive introduction of the cycling world, particularly when it is their children’s first bike. In addition, if kids turn out to possess the racing bug, parents are concerned about choosing their bicycles that are equipped with safety and comfort, at the same time being competitive as well without having huge impacts on their bank accounts. Health benefits associated with cycling is another factor which has driven demand for bicycles among consumers. A number of kids bicycle brands have emerged, with improved appearances and performance, such as Islabikes, Frog, and Pinnacle, attracting interest of kids and boosting sales of bicycles. Children tend to own a bicycle more likely than any other age group. The aforementioned factors might influence growth of the market in the near future.

However, proportion of children owning or having access to bicycles has witnessed a gradual decline over the past few years. Moreover, fear of parents about their children cycling on busy roads, coupled with the anxiety to choose and maintain a bicycle has further deterred the practice and adoption of cycling. Kids are required to be encouraged a bit for cycling, and nurturing an intrinsic enthusiasm that “cycling is fun”, which is losing its significance, is essential. For these reasons, the government as well as the bicycle industry are taking responsibilities of promoting and improving the long-lasted trend of cycling. A latest trend observed in the global kids bicycle market is parents persuading their children that cycling is an accessible and enjoyable form of family mobility. The global market for kids’ bicycles is expected to register an average single-digit CAGR during the forecast period 2017 to 2022, according to the recently published report by Fact.MR. Global sales of kids bicycles are projected to rake in approximately US$ 18,000 Mn revenues by 2022-end.

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Sales of kids’ bicycles for age group 9 years – 12 years will register an impressive CAGR, to account for nearly one-third share of the market over the forecast period. This age group segment will remain dominant in the market, followed by the age group 7 years – 9 years, in terms of revenues.

Accounting for more than half revenue share of the market based on pricing, mid-range kids’ bicycles will remain preferred in the global market. Sales of mid-range kids’ bicycles will register the highest CAGR through 2022, followed by premium-range kids’ bicycles.

Competition Tracking

FactMR’s report has listed some key players in the global kids bicycles market, which include Accell Group N.V., Atlas Cycles (Haryana) Limited, Dorel Industries Inc., Firefox Bikes Private Limited, Haro Bicycle Corporation, Hero Cycles Ltd., Merida Industry Co. Ltd., Samchuly Bicycle Co., Ltd., Tandem Group plc, Tianjin Fuji-Ta Bicycle Co. Ltd., Trek Bicycle Corporation, and Tube Investments of India Limited.

Table of Contents

  1. Global Kids Bicycle Market – Executive Summary
  2. Global Kids Bicycle Market Overview

2.1. Introduction

2.1.1. Global Kids Bicycle Market Taxonomy

2.1.2. Global Kids Bicycle Market Definition

2.2. Global Kids Bicycle Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Kids Bicycle Market Y-o-Y Growth

2.3. Global Kids Bicycle Market Dynamics

2.3.1. Drivers

2.3.2. Restraints

2.3.3. Trends

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. List of Distributors

2.9. Key Participants Market Presence (Intensity Map) By Region

Continued…………………

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