Kids Bicycle Market Scope And Analysis

Report Code : TIPRE00025941
Category : Consumer Goods

Status : Published
No. of Pages : 148

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Kids Bicycle Market Analysis, Size, and Growth (2023-2030)

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Kids Bicycle Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 6.42 Billion
Market Size by 2030	US$ 9.38 Billion
Global CAGR (2022 - 2030)	4.8%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Product Type Battery Operated and Manual By Distribution Channel Supermarkets and Hypermarket Specialty Stores Online Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	SCOTT Sports SA Cycling Sports Group Inc GT Bicycles LLC Merida Industry Co Ltd BikeCo LLC Kona Bicycle Co Paco Bike Co Ltd Specialized Bicycle Components Inc Trek Bicycle Corp

Industry Developments and Future Opportunities:

Various initiatives taken by key players operating in the kids bicycle market are listed below:

In 2021, Specialized Bicycle Components Inc. introduced the Jett, an adjustable kid's bike designed to promote a lifetime of riding. The bike is perfectly proportional and child-liftable, making it ideal for roads and neighborhoods.
In 2023, Paco Bike Co Ltd launched a number of new models, which comprise 20" Racing Road Bike, 24" Pro Road Bike Disc, and 26" Prorace CX Disc.
In July 2023, ToysRus announced its plan to reintroduce its exclusive collection of children's bicycles. The company specializes in toys for children of various ages, providing everything from simple toys to large, complex ones. They personalize bicycles with superheroes and Disney princesses to attract children's attention and increase sales.

Competitive Landscape and Key Companies:

SCOTT Sports SA, Cycling Sports Group Inc, GT Bicycles LLC, Merida Industry Co Ltd, BikeCo LLC, Kona Bicycle Co, Paco Bike Co Ltd, Specialized Bicycle Components Inc, Trek Bicycle Corp, and Giant Manufacturing Co Ltd are key players profiled in the kids bicycle market report. These market players are adopting strategic development initiatives to expand, further driving the market growth.