The Kids Bicycle Market is Predict to reach USD 24.9 Billion by 2031, at a CAGR of 8.9%

Kids Bicycle Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Kids Bicycle Market size is expected to reach $24.9 billion by 2031, rising at a market growth of 8.9% CAGR during the forecast period.

The Battery Operated segment is registering a CAGR of 10% during (2024 - 2031). Battery-operated bicycles are gaining traction in the kids bicycle market due to their innovative features and practical benefits, driven by integrating modern technology and enhanced riding experiences. These e-bikes incorporate electric motors that assist with pedaling, making cycling more accessible and enjoyable, especially for younger children or those facing challenging terrains.

The 6 to 8 years segment is leading the Global Kids Bicycle Market by Age Group in 2023; thereby, achieving a market value of $12.1 billion by 2031. Children are transitioning from basic to more advanced cycling skills at this stage, often moving from smaller, beginner bicycles to larger, feature-rich models. This age group typically seeks bikes that offer more independence and capabilities, such as gears, hand brakes, and lightweight frames, which allow them to ride more confidently and tackle varied terrains.

The Online segment is capturing a CAGR of 11.2% during (2024 - 2031). Parents appreciate the ability to easily shop from home, access detailed product information, and compare different models and prices. Specialized and niche bicycle models that may not be accessible in physical stores are frequently included in the broader selection of bicycles offered by online platforms. Competitive pricing and frequent promotions and discounts make online shopping appealing to budget-conscious consumers.

Full Report: https://www.kbvresearch.com/kids-bicycle-market/

The Asia Pacific region dominated the Global Kids Bicycle Market by Region in 2023; thereby, achieving a market value of $9.3 billion by 2031. The Europe region is poised to grow at a CAGR of 8.7% during (2024 - 2031). Additionally, The North America region would witness a CAGR of 8.3% during (2024 - 2031).

List of Key Companies Profiled

• Strider Sports International, Inc.
• Guardian Bikes
• Islabikes
• Alta Cycling Group
• Haro Bikes
• Huffy Corporation
• Trek Bicycle Corporation
• SCOTT Sports SA
• Frog Bikes Limited
• Woom Bikes

Kids Bicycle Market Report Segmentation

By Type

• Conventional
• Battery Operated

By Age Group

• 6 to 8 years
• 8 to 15 years
• 4 to 6 years
• 3 to 4 years

By Sales Channel

• Offline
• Online

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Kids Bicycle Market Size | Projection - 2031

• September-2024
• 86 Pages

LAMEA Kids Bicycle Market Size, Share | Growth Report 2031

• September-2024
• 96 Pages

Europe Kids Bicycle Market Size & Forecast Report | 2031

• September-2024
• 96 Pages

Asia Pacific Kids Bicycle Market Size | Growth Report 2031

• September-2024
• 97 Pages