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Global Kids Bicycle Market Share, Size, Growth, Analysis, Trends, Report, Forecast: By Product Type: Conventional, Battery Operated; By Size: Less than 16 Inches, 16 - 18 Inches, 20 - 24 Inches, Others; By Distribution Channel: Offline, Online; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Kids Bicycle Market Outlook
The global kids bicycle market size reached a value of approximately USD 4.97 billion in 2023. The market is further expected to grow at a CAGR of 5.0% between 2024 and 2032, reaching a value of USD 7.72 billion by 2032.
Key Trends in the Market
A kids bicycle is a bicycle, a two-wheeler vehicle that moves by conventional peddling of batteries, designed for use specifically by kids and is sized accordingly with corresponding weight carrying capacities. Kids ride bicycles for fun and sports activities and kids bicycles are often equipped with training wheels and safety pads so as to ensure safe rides. They also come with handlebars and adjustable seats to adjust height as the kid grows.
- Increasing concerns about the health of children among parents is one of the key kids bicycle market trends. Changing lifestyles, eating habits, and increasing pollution levels have resulted in growing prevalence of various chronic ailments among children. The health benefits associated with cycling have led to rising number of parents that encourage the activity, thus positively impacting the kids bicycle market growth.
- Inclusion of various superheroes and cartoon characters on the surface of the bicycles along with bright designs and colours by various manufactures have piqued the interest of kids. Additionally, the inclusion of fancy lights and horns, along with colourful baskets in the front have further contributed towards the growth of the kid's bicycle market.
- Advertisements and endorsements by various celebrities along with their children is another key trend propelling the growth of the market for kids bicycles. Over the past few years, many key players have collaborated with various celebrities in order to promote their products. Advertisements in the form of major posters and banners have also increased in recent years.
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Market Analysis
On the basis of product type, the market is bifurcated into conventional, and battery operated. Based on size, the market is segmented into less than 16 inches, 16 - 18 inches, and 20 - 24 inches, among others. On the basis of distribution channel, the kids bicycle market is classified into offline and online. Based on region, the market is segregated into North America, Europe, Latin America, the Middle East and Africa, and the Asia Pacific.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global kids bicycle market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Trek Bicycle Corporation
- Giant Bicycle, Inc.
- Strider Sports International, Inc.
- SCOTT Sports SA.
- Cycling Sports Group, Inc.
- MERIDA & CENTURION Germany GmbH
- woom GmbH
- Frog Bikes Ltd.
- BikeCo, LLC
- CICLI PINARELLO SRL
- Santa Cruz Bicycles, LLC
- Others
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Market Share by Product Type
Conventional kids bicycle account for a significant kids bicycle market share as they are easily available, affordable, simple to use, and available with required customisations. Additionally, these products require less servicing and maintenance than their battery operated. The cost effective nature of conventional kids bicycles makes them preferred by parents as during the formative years kids grow out of their bicycles rather quickly and often need to be bought a new bicycle in around two years. The riding experience is also considered to be better on the conventional type as the kids do not have to worry about constantly changing gears and can focus on riding instead. As conventional bicycles require peddling for movement, they are also often more effective in encouraging children to exercise.
Market Share by Region
Over the forecast period, Europe is anticipated to account for a major portion of the kids bicycle market due to increased awareness among individuals and children regarding the benefits of cycling. The widely prevalent cycling culture in the region, for commute and exercise purposes is supported by close proximity of resources within towns and cities, is further motivating more kids to engage in cycling. Within Europe, the market for kids bicycles market is bolstered by the growing popularity of cycling in countries including Switzerland, Germany, the Netherlands, and Finland, among others. Additionally, various countries across Europe are committed towards building separate paths for cycling, this in turn is expected to increase the popularity of kid’s bicycles, which is likely to influence the kids bicycle market price.
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Competitive Landscape
Trek Bicycle Corporation is a cycling product and bicycle distributor and manufacturer which was founded in 1976 and is headquartered in Wisconsin in the United States. They are the distributors of bicycle gear in over 90 countries across the globe, with a reach extending to countries such as Taiwan, Netherlands, China, and Germany.
Giant Bicycle, Inc. was established in 1972 and is currently headquartered in California in the United States. They work with the goal of providing better cycling experiences to people around the globe, offering a cohesive ecosystem of bicycles, cycling services, and gear. A leading brand of good quality bicycles, the company offers road bikes, mountain bikes, electric bikes, cross and gravel bikes, and kids bikes.
Strider Sports International, Inc. is a sporting goods manufacturing company that was established in 2007 and is based in South Dakota, United States. Bicycles manufactured by Strider are distributed in over 75 countries and have sold over 1.9 million units. Strider works toward inspiring and creating for future generation of riders.
Other market players include SCOTT Sports SA., Cycling Sports Group, Inc., MERIDA & CENTURION Germany GmbH, woom GmbH, Frog Bikes Ltd., BikeCo, LLC, CICLI PINARELLO SRL, and Santa Cruz Bicycles, LLC, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Size |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Kids Bicycle Market Analysis
8.1 Key Industry Highlights
8.2 Global Kids Bicycle Historical Market (2018-2023)
8.3 Global Kids Bicycle Market Forecast (2024-2032)
8.4 Global Kids Bicycle Market by Product Type
8.4.1 Conventional
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Battery Operated
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Kids Bicycle Market by Size
8.5.1 Less than 16 Inches
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 16 - 18 Inches
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 20 - 24 Inches
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Kids Bicycle Market by Distribution Channel
8.6.1 Offline
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Kids Bicycle Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Kids Bicycle Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Kids Bicycle Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Kids Bicycle Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Kids Bicycle Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Kids Bicycle Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Trek Bicycle Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Giant Bicycle, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Strider Sports International, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 SCOTT Sports SA.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cycling Sports Group, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 MERIDA & CENTURION Germany GmbH
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 woom GmbH
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Frog Bikes Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 BikeCo, LLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 CICLI PINARELLO SRL
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Santa Cruz Bicycles, LLC
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Kids Bicycle Market: Key Industry Highlights, 2018 and 2032
2. Global Kids Bicycle Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Kids Bicycle Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Kids Bicycle Historical Market: Breakup by Size (USD Million), 2018-2023
5. Global Kids Bicycle Market Forecast: Breakup by Size (USD Million), 2024-2032
6. Global Kids Bicycle Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Kids Bicycle Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Kids Bicycle Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Kids Bicycle Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Kids Bicycle Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Kids Bicycle Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Kids Bicycle Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Kids Bicycle Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Kids Bicycle Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Kids Bicycle Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Kids Bicycle Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Kids Bicycle Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Kids Bicycle Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Kids Bicycle Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Kids Bicycle Market Structure
Key Questions Answered in the Report
The market for kids bicycle reached a value of approximately USD 4.97 billion in 2023.
The market for kids bicycle is expected to grow at a CAGR of 5% between 2024 and 2032.
The market for kids bicycle is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 7.72 billion by 2032.
The major market drivers include growing availability of kids bicycles, increasing awareness pertaining to health benefits of cycling regularly, and encouragement of cycling by parents.
The key market trends include rising prevalence of obesity, expansion of bicycle riding spaces, use various designs and lights in kids bicycles, and growing advertisements and celebrity endorsements.
The different sizes of kids bicycles in the market are less than 16 inches, 16 - 18 inches, and 20 - 24 inches, among others.
Bicycles with adjustable height settings and safety pads, among others, are considered best suited for kids, additionally, based on their age, bicycles with training wheels can also be opted for.
The primary product types of kids bicycles in the market are conventional and battery operated.
A suitable age to start cycling for kids is between 4-8 years as they develop enough coordination to balance the cycle, although specific suitable age may vary depending upon the child.
The key players in the global kids bicycle market are Trek Bicycle Corporation, Giant Bicycle, Inc., Strider Sports International, Inc., SCOTT Sports SA., Cycling Sports Group, Inc., MERIDA & CENTURION Germany GmbH, woom GmbH, Frog Bikes Ltd., BikeCo, LLC, CICLI PINARELLO SRL, and Santa Cruz Bicycles, LLC, among others.
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