PUBLISHER: IMARC | PRODUCT CODE: 1422857
PUBLISHER: IMARC | PRODUCT CODE: 1422857
Kids Bicycle Market Report 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 2024-2032
Abstract
The global kids bicycle market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2032, exhibiting a growth rate (CAGR) of 2.58% during 2024-2032. The market is experiencing steady growth driven by rising health and fitness awareness, increasing environmental consciousness, rapid urbanization, growing safety awareness, and increasing promotion of active lifestyles.
Kids Bicycle Market Trends:
Health and Fitness Awareness
In recent years, there has been a growing awareness about the importance of physical health and fitness, among both adults and children. Parents and caregivers are increasingly concerned about sedentary lifestyles and screen time, leading them to encourage outdoor activities such as, cycling. Kids' bicycles play a crucial role in promoting physical activity among children. With childhood obesity and related health issues on the rise, parents see bicycles as a means to keep their children active and fit. This awareness about the health benefits associated with cycling is a significant driving force behind the global kids' bicycle market.
Increasing Environmental Consciousness
Concerns about environmental sustainability and reducing carbon footprints have gained momentum worldwide. Kids' bicycles, being eco-friendly and emitting zero emissions, align with this trend. Parents are increasingly choosing bicycles over short car trips, contributing to a greener environment. Additionally, manufacturers are focusing on producing sustainable, eco-friendly bicycle materials, further driving demand.
Rapid Urbanization
The rapid urbanization and the expansion of cities have led to increased traffic congestion and concerns about air quality. As a result, parents are turning to bicycles as a practical and efficient means of transportation for their children. The compact size and maneuverability of kids' bicycles make them a convenient choice for urban families, contributing to their popularity.
Safety Awareness
Safety is a paramount concern for parents when it comes to the activities of their children. The development of advanced safety features in kids' bicycles, such as improved braking systems, protective gear, and enhanced visibility, has reassured parents and boosted confidence in letting their children ride bicycles. This factor has significantly driven the market, as parents prioritize the safety of their kids during outdoor activities.
Promotion of Active Lifestyle
The digital age has brought concerns about excessive screen time and its impact on the health of children. Parents are actively seeking ways to promote an active lifestyle for their kids, and cycling aligns perfectly with this objective. Kids' bicycles offer an enticing alternative to video games and television, encouraging children to enjoy the outdoors while staying active and engaged. This shift toward promoting an active lifestyle has led to a rise in demand for kids' bicycles globally.
Kids Bicycle Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional and country levels for 2024-2032. Our report has categorized the market based on type, size, and distribution channel.
Breakup by Type:
Battery Operated
Conventional
Conventional accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the type. This includes battery operated and conventional. According to the report, conventional represented the largest segment.
Breakup by 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
12 inch-14 inch holds the largest share in the industry
A detailed breakup and analysis of the market based on the size have 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.
Breakup by Distribution Channel:
Offline
Online
Offline represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes offline and online. According to the report, offline represented the largest segment.
Breakup by Region:
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
Europe leads the market, accounting for the largest kids bicycle market share
The market research 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 accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market 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
Key Questions Answered in This Report
- 1. How big is the global kids bicycle market?
- 2. What is the expected growth rate of the global kids bicycle market during 2024-2032?
- 3. What are the key factors driving the global kids bicycle market?
- 4. What has been the impact of COVID-19 on the global kids bicycle market?
- 5. What is the breakup of the global kids bicycle market based on the type?
- 6. What is the breakup of the global kids bicycle market based on the size?
- 7. What is the breakup of the global kids bicycle market based on the distribution channel?
- 8. What are the key regions in the global kids bicycle market?
- 9. 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
List of Figures
- Figure 1: Global: Kids Bicycle Market: Major Drivers and Challenges
- Figure 2: Global: Kids Bicycle Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Kids Bicycle Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Kids Bicycle Market: Breakup by Type (in %), 2023
- Figure 5: Global: Kids Bicycle Market: Breakup by Size (in %), 2023
- Figure 6: Global: Kids Bicycle Market: Breakup by Distribution Channel (in %), 2023
- Figure 7: Global: Kids Bicycle Market: Breakup by Region (in %), 2023
- Figure 8: Global: Kids Bicycle (Battery Operated) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Kids Bicycle (Battery Operated) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Kids Bicycle (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Kids Bicycle (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Kids Bicycle (Less than 12 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Kids Bicycle (Less than 12 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Kids Bicycle (12 Inch-14 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Kids Bicycle (12 Inch-14 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Kids Bicycle (14 Inch-16 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Kids Bicycle (14 Inch-16 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Kids Bicycle (16 Inch-18 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Kids Bicycle (16 Inch-18 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Kids Bicycle (18 Inch-20 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Kids Bicycle (18 Inch-20 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Kids Bicycle (20 Inch-24 Inch) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Kids Bicycle (20 Inch-24 Inch) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Kids Bicycle (Offline) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Kids Bicycle (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Kids Bicycle (Online) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Kids Bicycle (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: North America: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: North America: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: United States: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: United States: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Canada: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Canada: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Asia-Pacific: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Asia-Pacific: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: China: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: China: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Japan: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Japan: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: India: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: India: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: South Korea: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: South Korea: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Australia: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Australia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Indonesia: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Indonesia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Others: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Europe: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Europe: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Germany: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Germany: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: France: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: France: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: United Kingdom: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: United Kingdom: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Italy: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Italy: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Spain: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Spain: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Russia: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Russia: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Latin America: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Latin America: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Brazil: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Brazil: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Mexico: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Mexico: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Others: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Others: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Middle East and Africa: Kids Bicycle Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Middle East and Africa: Kids Bicycle Market: Breakup by Country (in %), 2023
- Figure 76: Middle East and Africa: Kids Bicycle Market Forecast: Sales Value (in Million US$), 2024-2032
- 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, 2023 & 2032
- Table 2: Global: Kids Bicycle Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Kids Bicycle Market Forecast: Breakup by Size (in Million US$), 2024-2032
- Table 4: Global: Kids Bicycle Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 5: Global: Kids Bicycle Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Kids Bicycle Market: Competitive Structure
- Table 7: Global: Kids Bicycle Market: Key Players
