Children’s Bicycle Market | Evolving Opportunities with Accell Group NV and ByK Bikes | Technavio

NEW YORK, Aug. 24, 2021 /PRNewswire/ —
The global children’s bicycle market is…

NEW YORK, Aug. 24, 2021 /PRNewswire/ —

The global children’s bicycle market is expected to grow by $ 2.59 bn and during 2021-2025 as per Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2021. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 3.46%. 

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Read the 127-page report with TOC on «Children’s Bicycle Market Analysis Report by Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.

The children’s bicycle market is driven by the donation of bicycles to children. In addition, bicycling to counter the obesity problem is anticipated to boost the growth of the Children’s Bicycle Market. However, inflated cost of inputs and R&D expenditure, stringent bicycle manufacture laws, and safety concerns will impede the market.

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Major Children’s Bicycle Companies:

  • Accell Group NV
  • ByK Bikes
  • Dorel Industries Inc.
  • Firefox Bikes
  • Giant Manufacturing Co. Ltd.
  • Haro Bikes
  • Hero Cycles Ltd.
  • Islabikes
  • Malvern Star
  • Trek Bicycle Corp.

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Children’s Bicycle Market Geography Outlook (Revenue, USD bn, 2020-2025)

  • APAC – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • North America – size and forecast 2020-2025
  • South America – size and forecast 2020-2025
  • MEA – size and forecast 2020-2025

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SOURCE Technavio