Press release
Children Bicycle 2017 Global Market Expected to Grow at CAGR 2.31% and Forecast to 2020
Children Bicycle Market
About the Children’s Bicycle Market
We expect the global children's bicycle market to grow at a CAGR of 2.31% during the forecast period. In 2015, APAC led the overall market for children's bicycles and was followed by Europe. The ROW, which is constituted of Latin America, the Middle East, and Africa, will see the fastest growth rate over the next five years. North America will register a slowdown in its growth rate owing to the increasing number of children preferring indoor play activities like video games. In addition, in key North American countries, children in the age group of 0-14 years accounted for a relatively small part of the total population. In the US, for instance, this segment represented only 19% of the total population in 2015, and in Canada, this was 15%. This presents a relatively small addressable market for bicycle vendors in the region.
Technavio’s analysts forecast the global children’s bicycle market to grow at a CAGR of 2.31% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global children’s bicycle market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of different types of bicycles for children in the age group 5-14 years.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Children’s Bicycle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Accell Group
• ByK Bikes
• Dorel Industries
• TI Cycles
Other prominent vendors
• Electra
• Firefox
• Giant
• Haro Bike
• Hero Cycles
• Huffy
• Islabikes
• Malvern Star
• Ridgeback
• Sun Bicycles
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Market driver
• Rise in instances of childhood obesity
• For a full, detailed list, view our report
Market challenge
• Risks associated with cycling
• For a full, detailed list, view our report
Market trend
• Product Innovation
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents:
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Global bicycle market
• Global children's bicycle market
PART 06: Market segmentation by store format
• Global children's bicycle market by store format
PART 07: Market segmentation by wheel diameter
• Global children's bicycle market by wheel diameter
PART 08: Geographical segmentation
• Children's bicycle market in APAC
• Children's bicycle market in Europe
• Children's bicycle market in North America
• Children's bicycle market in ROW
PART 09: Key leading countries
• China
• India
• Mexico
PART 10: Market drivers
• Rise in instances of childhood obesity
• Campaigns and bicycle training programs for children
• Growing online market
PART 11: Impact of drivers
PART 12: Market challenges
• Rise in inactivity among children
• High costs of raw materials
• Risks associated with cycling
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Product innovation
• Improved product quality
• Events and initiatives for bicycle roll-outs
PART 15: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 16: Key vendor analysis
• Accell Group
• ByK Bikes
• Dorel Industries (Dorel)
• TI Cycles
Continued…….
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