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Junior Bikes Market Size, Share, Growth & Forecast 2030

Global Junior Bikes Market

Name: Growth Market Reports
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Segments - By Types (Mountain Bikes, Road Bikes, and Others), End-users (Boys, Girls, and Others), Wheel Sizes (Less than 12 inch, 12 inch -14 inch, 14 inch - 16 inch, 16 inch -18 inch, 18 inch - 20 inch, 20 inch - 24 inch, and Others), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027

CG-146
4.8 Rating
177 Pages

2020-07-16
60 Reviews

Author :

Debadatta Patel

Fact-checked by :

PARTHA PAUL

Editor :

Aman Singh

Report Description

Market Outlook:

The global junior bikes market was valued at USD 16,800.44 Million in 2019 and is projected to reach USD 22,853.95 Million by 2027, expanding at a CAGR of 4.2% during the forecast period. A bicycle or a bike is a two-wheeler vehicle, which works without petrol or any other oil. Bicycles are driven by the pedals that are mounted at the bottom of the wheel and are steered by the means of a handlebar connected to the top of the front wheel. Kid’s bicycles are smaller in size and often feature two narrow support wheels at the bottom of the rear wheel.

The expansion of the market is due to increasing awareness on cycling, as a sport and health practice by parents and teachers. Cycling has taken a role with a shifting lifestyle, where it is more of a fun hobby that kids chose to do with friends during their spare time. The practice is further sponsored by schools, clubs, and residential communities that have taken steps to incorporate children's cycling in their everyday lives. Moreover, the bicycle provides students a comfortable personal mode of travel.

Children are increasingly interested in junior bikes due to their vivid colors, prints, and styles. Moreover, several of these bicycles are modeled after popular superheroes, sportsmen, cartoon characters, and children's celebrities. Furthermore, children prefer products with musical horns, lit wheels, and baskets either in the front of the handlebar or behind the bench.

Technological advances in the bicycles industry is an emerging trend in the junior bikes market. Manufacturers of junior bikes are launching innovative accessories of bicycles and junior bikes, which is expected to lead to significant market growth. Technological developments in junior bikes headlights increase the visibility range of the riders, in turn, enhancing safety. Such innovative uses of LEDs in handles and pedals are expected to drive the market during the forecast period.

Children are gradually choosing to participate in a range of physical activities, including cycling. Moreover, rising adoption of healthy lifestyles is driving the demand for recreational sports, such as cycling. The importance of athletic activities, particularly for health purposes, increasing presence of foreign sporting competitions, stimulates the participation of children in different cycling activities. Furthermore, an increase in government policies in different countries, aimed at raising the rate of participation, has played a key role in fueling the demand in the last few years.

Governments and the bicycle industry are responsible for encouraging and developing the long-lasting trend of cycling. Conversely, the percentage of children who own or have access to bicycles has steadily decreased over the last few years. The decrease in outdoor activities of children and increase in indoor activities such mobile games, play stations, and video games are restraining the market.

Segmental Outlook

Based on types, the junior bikes market has been categorized as mountain bikes, road bikes, and others. The mountain bikes segment holds significant market share, while the road bikes segment is expected to grow at a substantial pace during the forecast period.

In terms of end-users, the junior bikes market has been segmented into boys, girls, and others. The boys segment represents considerable market share in 2019, while the girls segment is projected to expand at a significant CAGR during the forecast period.

On the basis of wheel sizes, the junior bikes market has been segregated as less than 12-inch, 12-inch -14-inch, 14-inch - 16-inch, 16-inch -18-inch, 18-inch - 20-inch, 20-inch - 24 inch, and others. The 20-inch - 24-inch segment is projected to hold a significant share of the market during the forecast period.

Regional Outlook

Based on regions, the global junior bikes market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The market in Europe is anticipated to expand at a significant market share, followed by North America, due to increasing awareness among people and kids regarding bicycling. The increasing number of cycling in countries, including Belgium, Switzerland, Finland, Norway, Sweden, Germany, Denmark, and the Netherlands, is expected to drive the regional market. Additionally, roadways have been designed such that cyclists ride on a different path, which is separated from motor riders. This ensures the safety and negligible traffic for riders. Kids prefer riding bicycles for short-distance commutes.

Key Benefits for Industry Participants & Stakeholders

In-depth analysis of the global junior bikes market
Historical, current and projected market size in terms of value and volume
Potential & niche segments and regions exhibiting promising growth covered
Industry drivers, restraints and opportunities covered in the study
Recent industry trends and developments
Competitive landscape & strategies of key players
Neutral perspective on global junior bikes market performance

Segments

By Types

Mountain Bikes
Road Bikes
Others

By End-users

Boys
Girls
Others

By Wheel Sizes

Less than 12 inch
12 inch -14 inch
14 inch - 16 inch
16 inch -18 inch
18 inch - 20 inch
20 inch - 24 inch
Others

By Regions

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Russia
- Rest of the Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia Pacific
Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East and Africa

Key Market Players Profiled in the Report

Cleary Bikes
Giant Bicycles
Goodbaby International Holdings Limited
Haro Bikes
Huffy Corporation
Kawasaki
Kent International
Norco Bicycles
Schwinn Bicycles
Trek Bicycle Corporation

Competitive Landscape

Key players in the market include Giant Bicycles, Goodbaby International Holdings Limited, Huffy Corporation, Kawasaki, and Trek Bicycle Corporation. They are considered as key manufacturers in the market based on their different varieties of product availability, regional presence, better supply chain management system, and increasing demand for the products.
Players are adopting key strategies such as product development, geographical expansion, and many other strategies to increase their demand for junior bikes.
Schools and residential neighborhoods are now seeking to evoke children's interest in cycling for environmental, health, and safety reasons. Moreover, children's bicycles have emerged as a significant benefit for the children’s health, which in turn, increases the demand for the junior bikes during the forecast period. In July 2019, woom, a junior bike manufacturer, donated 30 bicycles and helmets to children in Hammond, Louisiana, US.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Junior Bikes Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Junior Bikes Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Junior Bikes Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Junior Bikes Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Junior Bikes Market Size & Forecast, 2017-2027
      4.5.1 Junior Bikes Market Size and Y-o-Y Growth
      4.5.2 Junior Bikes Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, 2017-2027
Chapter 5 Global Junior Bikes Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Junior Bikes Market Size & Volume Forecast By Type
      5.2.1 Mountain Bike
      5.2.2 Road Bike
      5.2.3 Other
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Junior Bikes Market Analysis and Forecast By End-user
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-user
      6.1.2 Basis Point Share (BPS) Analysis By End-user
      6.1.3 Absolute $ Opportunity Assessment By End-user
   6.2 Junior Bikes Market Size & Volume Forecast By End-user
      6.2.1 Boys
      6.2.2 Girls
      6.2.3 Other
   6.3 Market Attractiveness Analysis By End-user
Chapter 7 Global Junior Bikes Market Analysis and Forecast By Wheel Size
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Wheel Size
      7.1.2 Basis Point Share (BPS) Analysis By Wheel Size
      7.1.3 Absolute $ Opportunity Assessment By Wheel Size
   7.2 Junior Bikes Market Size & Volume Forecast By Wheel Size
      7.2.1 Less than 12 inch
      7.2.2 12 inch -14 inch
      7.2.3 14 inch - 16 inch
      7.2.4 16 inch -18 inch
      7.2.5 18 inch - 20 inch
      7.2.6 20 inch - 24 inch
      7.2.7 Others
   7.3 Market Attractiveness Analysis By Wheel Size
Chapter 8 Global Junior Bikes Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Junior Bikes Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Junior Bikes Analysis and Forecast
   10.1 Introduction
   10.2 North America Junior Bikes Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Junior Bikes Market Size & Volume Forecast By Type
      10.6.1 Mountain Bike
      10.6.2 Road Bike
      10.6.3 Other
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Junior Bikes Market Size & Volume Forecast By End-user
      10.10.1 Boys
      10.10.2 Girls
      10.10.3 Other
   10.11 Basis Point Share (BPS) Analysis By End-user
   10.12 Absolute $ Opportunity Assessment By End-user
   10.13 Market Attractiveness Analysis By End-user
   10.14 North America Junior Bikes Market Size & Volume Forecast By Wheel Size
      10.14.1 Less than 12 inch
      10.14.2 12 inch -14 inch
      10.14.3 14 inch - 16 inch
      10.14.4 16 inch -18 inch
      10.14.5 18 inch - 20 inch
      10.14.6 20 inch - 24 inch
      10.14.7 Others
   10.15 Basis Point Share (BPS) Analysis By Wheel Size
   10.16 Absolute $ Opportunity Assessment By Wheel Size
   10.17 Market Attractiveness Analysis By Wheel Size
Chapter 11 Europe Junior Bikes Analysis and Forecast
   11.1 Introduction
   11.2 Europe Junior Bikes Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Junior Bikes Market Size & Volume Forecast By Type
      11.6.1 Mountain Bike
      11.6.2 Road Bike
      11.6.3 Other
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Junior Bikes Market Size & Volume Forecast By End-user
      11.10.1 Boys
      11.10.2 Girls
      11.10.3 Other
   11.11 Basis Point Share (BPS) Analysis By End-user
   11.12 Absolute $ Opportunity Assessment By End-user
   11.13 Market Attractiveness Analysis By End-user
   11.14 Europe Junior Bikes Market Size & Volume Forecast By Wheel Size
      11.14.1 Less than 12 inch
      11.14.2 12 inch -14 inch
      11.14.3 14 inch - 16 inch
      11.14.4 16 inch -18 inch
      11.14.5 18 inch - 20 inch
      11.14.6 20 inch - 24 inch
      11.14.7 Others
   11.15 Basis Point Share (BPS) Analysis By Wheel Size
   11.16 Absolute $ Opportunity Assessment By Wheel Size
   11.17 Market Attractiveness Analysis By Wheel Size
Chapter 12 Asia Pacific Junior Bikes Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Junior Bikes Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Junior Bikes Market Size & Volume Forecast By Type
      12.6.1 Mountain Bike
      12.6.2 Road Bike
      12.6.3 Other
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Junior Bikes Market Size & Volume Forecast By End-user
      12.10.1 Boys
      12.10.2 Girls
      12.10.3 Other
   12.11 Basis Point Share (BPS) Analysis By End-user
   12.12 Absolute $ Opportunity Assessment By End-user
   12.13 Market Attractiveness Analysis By End-user
   12.14 Asia Pacific Junior Bikes Market Size & Volume Forecast By Wheel Size
      12.14.1 Less than 12 inch
      12.14.2 12 inch -14 inch
      12.14.3 14 inch - 16 inch
      12.14.4 16 inch -18 inch
      12.14.5 18 inch - 20 inch
      12.14.6 20 inch - 24 inch
      12.14.7 Others
   12.15 Basis Point Share (BPS) Analysis By Wheel Size
   12.16 Absolute $ Opportunity Assessment By Wheel Size
   12.17 Market Attractiveness Analysis By Wheel Size
Chapter 13 Latin America Junior Bikes Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Junior Bikes Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Junior Bikes Market Size & Volume Forecast By Type
      13.6.1 Mountain Bike
      13.6.2 Road Bike
      13.6.3 Other
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Junior Bikes Market Size & Volume Forecast By End-user
      13.10.1 Boys
      13.10.2 Girls
      13.10.3 Other
   13.11 Basis Point Share (BPS) Analysis By End-user
   13.12 Absolute $ Opportunity Assessment By End-user
   13.13 Market Attractiveness Analysis By End-user
   13.14 Latin America Junior Bikes Market Size & Volume Forecast By Wheel Size
      13.14.1 Less than 12 inch
      13.14.2 12 inch -14 inch
      13.14.3 14 inch - 16 inch
      13.14.4 16 inch -18 inch
      13.14.5 18 inch - 20 inch
      13.14.6 20 inch - 24 inch
      13.14.7 Others
   13.15 Basis Point Share (BPS) Analysis By Wheel Size
   13.16 Absolute $ Opportunity Assessment By Wheel Size
   13.17 Market Attractiveness Analysis By Wheel Size
Chapter 14 Middle East & Africa (MEA) Junior Bikes Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Junior Bikes Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Junior Bikes Market Size & Volume Forecast By Type
      14.6.1 Mountain Bike
      14.6.2 Road Bike
      14.6.3 Other
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Junior Bikes Market Size & Volume Forecast By End-user
      14.10.1 Boys
      14.10.2 Girls
      14.10.3 Other
   14.11 Basis Point Share (BPS) Analysis By End-user
   14.12 Absolute $ Opportunity Assessment By End-user
   14.13 Market Attractiveness Analysis By End-user
   14.14 Middle East & Africa (MEA) Junior Bikes Market Size & Volume Forecast By Wheel Size
      14.14.1 Less than 12 inch
      14.14.2 12 inch -14 inch
      14.14.3 14 inch - 16 inch
      14.14.4 16 inch -18 inch
      14.14.5 18 inch - 20 inch
      14.14.6 20 inch - 24 inch
      14.14.7 Others
   14.15 Basis Point Share (BPS) Analysis By Wheel Size
   14.16 Absolute $ Opportunity Assessment By Wheel Size
   14.17 Market Attractiveness Analysis By Wheel Size
Chapter 15 Competition Landscape
   15.1 Junior Bikes Market: Competitive Dashboard
   15.2 Global Junior Bikes Market: Market Share Analysis, 2019
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Cleary Bikes
      15.3.2 Giant Bicycles
      15.3.3 Goodbaby International Holdings Limited
      15.3.4 Haro Bikes
      15.3.5 Huffy Corporation
      15.3.6 Kawasaki
      15.3.7 Kent International
      15.3.8 Norco Bicycles
      15.3.9 Schwinn Bicycles
      15.3.10 Trek Bicycle Corporation

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