Investments in bicycle parking infrastructures are contributing to the sales of bicycles globally. With better parking facilities, more people are being encouraged to purchase and use bicycles. Folding bicycles are gaining momentum because of their portability. APAC dominated the global children's bicycle market with a share of 38.04% in 2015 followed by Europe with a share of 28.22%. Increasing concerns regarding childhood obesity, availability of a number of training programs, growing number of events to promote cycling among children, and growth of organized retail are some of the factors propelling the growth of global children's bicycle market.
Technavio’s analysts forecast the children's bicycle market in Europe 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 children's bicycle market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated through the retail sales of bicycles for children belonging to the age group of 5-14 years.
The market is divided into the following segments based on products: - Sports bikes - Electric bicycles - Traditional bicycles
Technavio's report, Children's Bicycle Market in Europe 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.
Other prominent vendors - Canyon - Colnago - Cuberoad - Frog Bikes - GT Bicycles - Haro Bike - Hero - Islabikes - Kona - Merida - Pinarello - Planet X - Ridgeback - Shimano - Universal
Market driver - Investments in cycling and road infrastructure to support and encourage cycling as a mode of transport - For a full, detailed list, view our report
Market challenge - Inadequacy of road and parking infrastructures in traffic-congested cities - For a full, detailed list, view our report
Market trend - Events and campaigns for bicycle roll-outs - 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?
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