Bike Trailers Market is Estimated to Reach USD 730.73 Million by the end of 2028: Cognitive Market Research

Market Overview:
- A Bike Trailer is a non-motorized wheeled frame with a hitch system that is used to move cargo while riding a bicycle. The frame is often built of steel or aluminium alloy tubing, with classic spoked bicycle wheels in various sizes. Hence, the majority of bike trailers are secure and simple to manoeuvre.
- Bike trailers usually come with a hitching system that keeps the trailer in place if the bike tips over. Some bike trailers can also be converted to hiking or running strollers by purchasing an additional component. It includes variety of suitable bags to keep the belongings clean, dry, and organized on numerous cargo trailers. Some gear trailers come with interchangeable attachment systems that allow them to work with a variety of rear axles, wheel sizes, and brake configurations.
- There are several types of bike trailers available on the market for diverse uses. It can be a single-wheel bike trailer with a single rear-mounted wheel or a two-wheel bike trailer. These bike trailers are used to transport cargo, children, disabled people, and pets like cats and dogs.

Market Insight:
• Global Bike Trailers Market is expected to reach USD 730.73 Million by the end of 2028, growing at a CAGR of 4.59% between 2021 and 2028.
• Single Wheel Bike Trailer Revenue is anticipated to reach at USD 139.10 Million in 2028
• Cargo Revenue in Bike Trailers is estimated to reach USD 312.50 Million in 2028.
• Asia Pacific Bike Trailers market size is projected to USD 233.54 Million in 2028.

To know more The Bike Trailers Market statistics click here: https://www.cognitivemarketresearch.com/bike-trailers-market-report

Market Drivers:
• Use of bike trailers for kids
- Bike trailers are widely accepted product when it comes to cycling with kids. It includes enclosed child trailers and trailer bikes. The child can be seated in bike trailer and can hold one or two children. It is an ideal choice for kids who may want to pedal but aren't strong or confident enough to do so on their own yet.
The trailers for hauling kids typically attach to the rear hub of bike which allows kid to seat back and relax while parent or guardian pull them along. It also sometimes allows conversion option through which child can use them as a stroller, jogger or ski trailer. It provides absolute protection with a fabric top, bottom and sides with aluminium bars for structure. It provides greater protection than a seat mounted to the frame of bike.

• Benefits of bike trailers in cargo:
Restraints for Bike Trailers Market
- Injuries allied with bike trailers
Opportunities for Bike Trailers Market
- Rising dog ownership

Market Segmentation:
- Type:
• Single Wheel Bike Trailer
In single wheel trailer, the weight of the trailers load is shared between its one wheel, the rear wheel of the bicycle. It is usually narrower, lighter, has less rolling resistance, has one fewer wheel to ride, and can avoid potholes better. Single-wheel trailers are more maneuverable than two-wheel trailers, with less drag on the road such as on tough terrain. It can roll more easily along a small track than a two-wheel trailer. Single wheel bike trailer come in both upright and recumbent versions.

• Two Wheel Bike Trailer
Two-wheeler bike trailers are the widely used trailers. It keeps the weight balanced and steady, making loading and unloading easier. This leaves the rear wheel of the bike relatively unaffected by the extra weight, and thus the bike's handling become simpler. They are typically wider than single-wheel trailers and may necessitate extra turning space. This can be difficult to manage in any type of technical terrain or in extremely constrained areas of operation. They are perfect for daily cycling very much like towing a trailer behind a car.

- End User:
• Cargo
Bike cargo trailers are widely used and perfect for transporting big or bulky objects. On prolonged bike rides or errands around town, a cargo trailer allows users to transport heavy items. Carrying a load on the trailer may feel lighter than carrying a load on the bike because the weight is on its own wheel. Some cargo trailers can be utilized as wheeled carts once detachable, which are great for rolling into the farmers market or grocery shop, or for unloading directly into the house. Cargo trailers are usually offered in one- or two-wheel configurations.

• Pets
A pet trailer is a good option for cyclists who wish to take their dogs (or other pets) on adventures. Whether people are camping, hiking, walking, riding, or doing anything in between, the bike trailer for pets is an easy method to bring their pets along. The trailer has a flip-down rear for convenient loading and a removable suspended floor for easy cleaning. All dog bike trailers come with attaches to keep the pet secure, and users should use them properly to prevent the pet from jumping out. Trailers come in a variety of sizes, and users can use it according to the size of pet.

• Children & Disabled
• Other

Get free sample pages of latest published Bike Trailers Market: https://www.cognitivemarketresearch.com/bike-trailers-market-report

- Bike Trailers Manufacturers Profiles/Analysis: Burley Design LLC, Thule Group, InStep, Topeak, Croozer, Wee Ride, Weehoo, BOB, Trail A Bike, Joovy, Veelar, Schwinn, DoggyRide, Ibert, Clevr Deluxe, Allen Sports, Qeridoo, Baby Jogger, Aosom

• Thule Group
Thule Group is a Sweden based manufacturer of cargo carriers for automobiles and other outdoor and storage products. The company offers wide range of products including bike racks, roof racks, cargo carriers & baskets, winter & water sport racks and others. The company has manufacturing facilities in seven countries and distributes its products to 140 countries across the globe.

• Burley Design LLC
Burley Design LLC is the US based provider of child bicycle trailer. The company offers wide array of products such as utility trailers, touring trailers, commuting trailers, child bike seats, kid bike trailers, pet trailers and it also offers accessories such as cargo accessories, pet accessories and others.
The products of the company are distributed over 12 countries across the globe. Company's products can be found in bike shops, outdoor retailers, sporting goods retailers, bicycle rental businesses, online retailers, and wholesale distribution partners

Regional Analysis:
- Asia Pacific Bike Trailers market size is projected to USD 233.54 Million in 2028.

NEWS:
• June 2020
- Burley Launched Updated Urban Cargo Trailer with Key New Features
Urban cargo trailer offers unparalleled versatility for urban mobility, it has new quick hitch, extendable tow arm, compact fold and minimal size and integrated wheel guards.

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• E Bike Lights Market- https://www.cognitivemarketresearch.com/e-bike-lights-market-report
• Bike Wear Market- https://www.cognitivemarketresearch.com/bike-wear-market-report
• Mountain Bike Shoe Market- https://www.cognitivemarketresearch.com/mountain-bike-shoe-market-report
• Indoor Bike Trainers Market- https://www.cognitivemarketresearch.com/indoor-bike-trainers-market-report
• Bike Racks Market- https://www.cognitivemarketresearch.com/bike-racks-market-report

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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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