The bicylcle or a bike is a small, human-powered land vehicle which includes seat, wheels, pedals, and a metal chain which is connected to cogs on the pedals and rear wheel. The kids bike is battery operated or convention in which the kid pushes the pedals around with his or her feet to ride the bike.
MARKET DYNAMICS
The shift in focus towards considering bicycling as a sport and fitness activity both by parents and teachers have led to increased demand for kids bicycles. With changing lifestyle, cycling took a space where it is more of a fun activity, which kids prefer doing during their leisure time with their friends. The activity is further supported by schools, clubs, and residential societies that have been taking initiatives to include cycling for kids in their day-to-day life which is driving the growth of kids bike market.
MARKET SCOPE
The "Global Kids Bike Market Analysis to 2028" is a sspecialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the kids bike market with detailed market segmentation by product, distribution channel, and region. The global kids bike market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading kids bike market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The kid's bike market has been segmented into by product and distribution channel. By product, the market is bifurcated into battery operated and conventional. By distribution channel, the market is bifurcated into supermarkets and hypermarkets, specialty stores, online stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The kids bike market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the kids bike market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social and technological factors affecting the kids bike market in these regions.
MARKET PLAYERS
The report covers vital developments in the Kids bike Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Kids bike Market is anticipated to have lucrative growth opportunities in the future with the rising demand for Kids bike in the global market. Below mentioned is the list of a few companies engaged in the Kids bike Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the beauty tools market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- CYCLE Kid's Bikes.
- Cycling Sports Group, Inc
- DOREL Industries Inc.
- Fuji Bikes
- Giant Bicycles
- MERIDA BIKES
- PARK Cycles
- Spawn Cycles
- Specialized Bicycle Components, Inc
- Woom