Children's Bicycle Market Size, Status, Global Demand and Growth Opportunities 2022-Accell Group, ByK Bikes, Dorel Industries

The MarketInsightsReports has added a new statistical data to its repository titled as, Children's Bicycle Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. This market report is a detailed study on the growth, investment opportunities, market statistics, growing competition analysis, major key players, industry facts, important figures, sales, prices, revenues, gross margins, market shares, business strategies, top regions, demand, and developments.

The children's bicycle market has the potential to grow by USD 2.59 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 3.46%.

Top Companies in the Children's Bicycle Market- Accell Group, ByK Bikes, Dorel Industries, TI Cycles, Derby Cycle, Firefox, Fuji-Ta Bicycle, Giant, Haro Bikes, Hero Cycles, Islabikes, Malvern Star, Milton Cycle and other.

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Market Overview
A bicycle is a vehicle that does not require fuel and is made out of two wheels in a casing set one behind the other. Children's bikes are small in size, and in some cases have two little help wheels at the base finish of the back wheel. Health benefits related to cycling is a major factor that drives the interest for bikes among customers. Various children bike brands have been developed with improved appearances and execution.

Children are more interested in riding bicycles that have modern designs and bright colors. Thus, manufacturers have started producing bicycles with stickers and cartoons from favorite comic characters and superheroes. Additionally, the preference for musical horns, baskets, and light-weight wheels among the Children is expected to have a positive impact on the market growth of Children's bicycles in the upcoming years.

For instance, CFOSE, India International Cycle, Fitness, and Outdoor Sports Expo hosted in Ludhiana every year since 2010, attracts an audience from across the country, and displays products. Similarly, in June 2019, an annual children's bicycle ride was organized in Burlingame, where 600 kids had participated.

Industry news
Dorel Home Closes Notio Living Acquisition

Dorel Industries Inc. announced it has completed its previously-announced acquisition of Notio Living.  Dorel Home, a segment of Dorel Industries, is buying the Danish-based company for approximately US$19.0 million. Notio Living markets thousands of products sourced from around the world, has been in the home furnishings business for 25 years and operates throughout Europe with a strong presence in the ecommerce market.

Global Children's Bicycle Market Split by Product Type and Applications:

16 inches

18 inches

20 inches

Others

Regional Analysis
Europe was the largest market, accounting for more than 25.0% share of the global revenue in 2018. This growth is attributed to increasing awareness among people and kids regarding bicycling. The increasing number of cycling in countries including Belgium, Switzerland, Finland, Norway, Sweden, Germany, Denmark, and the Netherlands is expected to have a positive impact on regional market growth. In addition, roadways have been designed such that cyclists ride on altogether a different path, which is separated from motor riders. This ensures safety and negligible traffic for riders. Looking at these, kids prefer riding a bicycle for short-distance commutes.

Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of 3.3% from 2019 to 2025. The bicycle has gained popularity among young riders as countries such as Japan and China are motivating their citizens to use a bicycle. Furthermore, they are being promoted to ride it more for health-related reasons and to fight obesity. Further, the huge population and crowded cities are struggling with traffic, unsafe roads, and pollution.

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Major Points Covered in Table of Contents:

- Overview of Children's Bicycle Market
- Global Market Status and Forecast by Regions
- Global Market Status and Forecast by Types
- Global Market Status and Forecast by Downstream Industry
- Market Driving Factor Analysis
- Market Competition Status by Major Manufacturers
- Major Manufacturer's Introduction and Market Data
- Upstream and Downstream Market Analysis
- Cost and Gross Margin Analysis
- Marketing Status Analysis
- Market Report Conclusion
- Research Methodology and Reference

Finally, the Children's Bicycle Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Children's Bicycle Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation

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