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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

March 2023 | 143 pages | ID: K87A12372B8CEN
IMARC Group

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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?

the market.

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
9.2 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
9.3 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
9.4 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
9.5 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 PortfolioKindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

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


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


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