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Global Children Bicycle Market 2016-2020

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
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Children’s Bicycle Market 2016-2020

Technavio recognizes the following companies as the key players in the global children’s bicycle market: Accell Group, ByK Bikes, Dorel Industries, and TI Cycles.

Other Prominent Vendors in the market are: Electra, Firefox, Giant, Haro Bike, Hero Cycles, Huffy, Islabikes, Malvern Star, Ridgeback, and Sun Bicycles.

Commenting on the report, an analyst from Technavio’s team said: “One trend that is boosting market growth is product innovation. Many vendors are launching innovative and technologically advanced products to enhance the sales of their bicycles. Lightweight wooden bicycles help children balance and learn to ride a bicycle at an early age. These bicycles allow for better coordination and balance, and have been proven to decrease the time required to teach riding to children; the bikes also have small grips that are suitable for small hands.”

According to the report, a key growth driver is the rise in instances of childhood obesity. The growing prevalence of childhood obesity in both developing and developed countries has highlighted obesity as a public health problem globally. Childhood obesity can increase the chances of health problems such as asthma, type 2 diabetes, and cardiovascular conditions. Globally, 43 million children under the age of five years were obese; by the end of 2020, this number will reach 60 million. In an attempt to tackle obesity, parents are now trying to increase the participation of their children in physical activities such as cycling. In addition, there are multiple events and initiatives aimed at engaging children in physical activities such as bicycling and promoting healthy lifestyle practices among them.

Further, the report states that one challenge that could restrict market growth is the risk associated with cycling. Cycling accidents can result in limb injury, chest and abdomen injury, and head injury, and may also be fatal. Consequent parental concern about cycling related injuries is one of the leading hindrances to the growth of the market.

Companies Mentioned

Accell Group, ByK Bikes, Dorel Industries, TI Cycles, Electra, Firefox, Giant, Haro Bike, Hero Cycles, Huffy, Islabikes, Malvern Star, Ridgeback, Sun Bicycles.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table An overview of global bicycle market
    • Global bicycle market
      • Table Global bicycle market 2015-2020 ($ billions)
      • Table Global children's bicycle market in global bicycle market 2015 ($ billions)
    • Global children's bicycle market
      • Table Global children's bicycle market 2015-2020 ($ billions)
      • Table Five forces analysis
  • Market segmentation by store format
    • Global children's bicycle market by store format
      • Table Global children's bicycle market by store format 2015
  • Market segmentation by wheel diameter
    • Global children's bicycle market by wheel diameter
      • Table Standard sizing guide for children's bicycles
      • Table Global children's bicycle market by wheel diameter 2015
  • Geographical segmentation
    • Table Geographical segmentation of global children's bicycle market 2015
    • Table Geographical segmentation of global children's bicycle market 2020
    • Table Global children's bicycle market 2015-2020
    • Children's bicycle market in APAC
      • Table Children's bicycle market in APAC 2015-2020 ($ billions)
    • Children's bicycle market in Europe
      • Table Children's bicycle market in Europe 2015-2020 ($ billions)
    • Children's bicycle market in North America
      • Table Children's bicycle market in North America 2015-2020 ($ billions)
    • Children's bicycle market in ROW
      • Table Children's bicycle market in ROW 2015-2020 ($ billions)
  • Key leading countries
    • China
    • India
    • Mexico
  • Market drivers
    • Rise in instances of childhood obesity
    • Campaigns and bicycle training programs for children
    • Growing online market
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Rise in inactivity among children
    • High costs of raw materials
    • Risks associated with cycling
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Product innovation
    • Improved product quality
    • Events and initiatives for bicycle roll-outs
  • Vendor landscape
    • Competitive landscape
      • Table Key retailers in global children's bicycle market 2015
    • Other prominent vendors
  • Key vendor analysis
    • Accell Group
    • ByK Bikes
    • Dorel Industries (Dorel)
    • TI Cycles
  • Appendix
    • List of abbreviations
  • Explore Technavio

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