North America Kids Bicycle Market Size, Share & Trends Analysis Report By Type, By Age Group (6 to 8 years, 8 to 15 years, 4 to 6 years, and 3 to 4 years), By Sales Channel (Offline, and Online), By Country and Growth Forecast, 2024 - 2031
Description
North America Kids Bicycle Market Size, Share & Trends Analysis Report By Type, By Age Group (6 to 8 years, 8 to 15 years, 4 to 6 years, and 3 to 4 years), By Sales Channel (Offline, and Online), By Country and Growth Forecast, 2024 - 2031
The North America Kids Bicycle Market would witness market growth of 8.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Kids Bicycle Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,367.1 Million by 2031. The Canada market is exhibiting a CAGR of 10.6% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 9.7% during (2024 - 2031).
The kids bicycle market is a dynamic segment of the global bicycle industry, encompassing various products designed to meet young riders' diverse needs and preferences. Numerous factors, including technological advancements, shifting consumer preferences, socioeconomic trends, and environmental considerations, shape this market. At its core, the kids bicycle market is driven by the universal appeal of cycling as a childhood activity.
For generations, bicycles have symbolized freedom, adventure, and independence for children. The thrill of riding a bike, exploring neighborhoods, and the sheer joy of movement on two wheels are experiences that resonate deeply with young riders and their parents alike.
In Canada, the demand for kids' bicycles is increasing due to the country's emphasis on outdoor activities and government support for cycling infrastructure. The Canadian government supports cycling through initiatives like the "Active Transportation Fund," which aims to build and improve cycling infrastructure across the country. Furthermore, the "ParticipACTION" initiative provides resources and promotes the advantages of an active lifestyle to motivate Canadians to participate in physical activities, such as cycling. Through these endeavors, the demand for children's bicycles has increased, which in turn contributes to the increasing prevalence of cycling among Canadian children. Thus, the region will present lucrative growth opportunities to expand the market.
Based on Type, the market is segmented into Conventional, and Battery Operated. Based on Age Group, the market is segmented into 6 to 8 years, 8 to 15 years, 4 to 6 years, and 3 to 4 years. Based on Sales Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
By Type
- >Conventional
- Battery Operated
- >6 to 8 years
- 8 to 15 years
- 4 to 6 years
- 3 to 4 years
- >Offline
- Online
- >US
- Canada
- Mexico
- Rest of North America
Table of Contents
86 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Kids Bicycle Market, by Type
- 1.4.2 North America Kids Bicycle Market, by Age Group
- 1.4.3 North America Kids Bicycle Market, by Sales Channel
- 1.4.4 North America Kids Bicycle Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Kids Bicycle Market by Type
- 4.1 North America Conventional Market by Country
- 4.2 North America Battery Operated Market by Country
- Chapter 5. North America Kids Bicycle Market by Age Group
- 5.1 North America 6 to 8 years Market by Country
- 5.2 North America 8 to 15 years Market by Country
- 5.3 North America 4 to 6 years Market by Country
- 5.4 North America 3 to 4 years Market by Country
- Chapter 6. North America Kids Bicycle Market by Sales Channel
- 6.1 North America Offline Market by Country
- 6.2 North America Online Market by Country
- Chapter 7. North America Kids Bicycle Market by Country
- 7.1 US Kids Bicycle Market
- 7.1.1 US Kids Bicycle Market by Type
- 7.1.2 US Kids Bicycle Market by Age Group
- 7.1.3 US Kids Bicycle Market by Sales Channel
- 7.2 Canada Kids Bicycle Market
- 7.2.1 Canada Kids Bicycle Market by Type
- 7.2.2 Canada Kids Bicycle Market by Age Group
- 7.2.3 Canada Kids Bicycle Market by Sales Channel
- 7.3 Mexico Kids Bicycle Market
- 7.3.1 Mexico Kids Bicycle Market by Type
- 7.3.2 Mexico Kids Bicycle Market by Age Group
- 7.3.3 Mexico Kids Bicycle Market by Sales Channel
- 7.4 Rest of North America Kids Bicycle Market
- 7.4.1 Rest of North America Kids Bicycle Market by Type
- 7.4.2 Rest of North America Kids Bicycle Market by Age Group
- 7.4.3 Rest of North America Kids Bicycle Market by Sales Channel
- Chapter 8. Company Profiles
- 8.1 Strider Sports International, Inc.
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
- 8.2 Guardian Bikes
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Islabikes
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 Alta Cycling Group
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Haro Bikes
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Huffy Corporation
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Trek Bicycle Corporation
- 8.7.1 Company Overview
- 8.8 SCOTT Sports SA
- 8.8.1 Company Overview
- 8.9 Frog Bikes Limited
- 8.9.1 Company Overview
- 8.9.2 Recent strategies and developments:
- 8.9.2.1 Partnerships, Collaborations, and Agreements:
- 8.9.3 SWOT Analysis
- 8.10. Woom Bikes
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
- 8.10.2.1 Geographical Expansions:
- 8.10.3 SWOT Analysis
Pricing
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