North America Kids Bicycle Market Forecast to 2030

North America Kids Bicycle Market Forecast to 2030 – Regional Analysis – by Product Type (Battery Operated and Manual) and Distribution Channel (Supermarkets and Hypermarket, Specialty Stores, Online Retail, and Others)

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Description

The North America kids bicycle market was valued at US$ 1,827.29 million in 2022 and is expected to reach US$ 2,515.33 million by 2030; it is estimated to register a CAGR of 4.1% from 2022 to 2030.

Increasing Emphasis on Active Lifestyles Fuels North America Kids Bicycle Market

The increased emphasis on promoting an active lifestyle for kids stands out as a pivotal driver propelling the growth of the kids bicycle market. In contemporary society, there is a growing awareness of the detrimental effects of sedentary lifestyles on children’s health. Concerns about rising rates of childhood obesity and related health issues have prompted parents, educators, and health professionals to advocate for more physically active pursuits. According to the World Health Organization, 39 million children under the age of five were overweight or obese in 2020. Bicycling has emerged as a favored solution with its dual benefits of exercise and outdoor engagement. Parents, in particular, recognize the importance of instilling healthy habits early in a child’s life. Riding bicycles provides an enjoyable form of physical activity and contributes to the overall well-being of kids. The emphasis on an active lifestyle aligns with a broader societal shift toward wellness and preventive health measures. As a result, bicycles for kids are not only seen as recreational items but as essential tools for fostering a healthy lifestyle from a young age. Educational institutions are crucial in driving this emphasis on an active lifestyle. Physical education programs increasingly incorporate cycling as a fundamental activity, promoting the development of motor skills, coordination, and cardiovascular fitness. This integration of cycling into educational curricula further cements the idea that bicycles are not just toys but integral components of a child’s physical development. The digital age has also brought concerns about screen time and sedentary behaviors among children to the forefront. As a countermeasure, parents actively seek avenues to encourage kids to spend more time outdoors and engage in physical activities. Bicycling provides a perfect solution, allowing children to explore their surroundings, interact with peers, and experience the joy of movement. Therefore, the push for an active lifestyle has become a cultural and societal norm, significantly contributing to the robust demand for kids bicycles in the market.

North America Kids Bicycle Market Overview

The region is witnessing increasing demand for kids bicycles owing to rising awareness of childhood obesity. A growing emphasis on promoting a healthy and active lifestyle for children is being driven by increasing awareness of childhood obesity and sedentary behavior. As parents and caretakers prioritize physical activity, the demand for bicycles as a means of exercise and outdoor recreation for children has risen. Cycling burns calories, promotes fitness, and builds muscle and coordination, making it a fun and effective tool for healthy development. The COVID-19 pandemic has also played a role in rising demand for kids bicycles. With lockdowns and restrictions limiting various outdoor sports and recreational activities, parents sought alternative ways to keep their children engaged and active. Bicycling emerged as a safe and enjoyable outdoor activity, where kids can enjoy and be active while maintaining social distancing, this factor contributed to the heightened demand for kids bicycles. For the past two decades, the Corvallis School District (CSD) in Oregon, US has encouraged students to walk and bike to school. All fifth-grade students participate in a weeklong bicycle safety class, which is expected to be soon expanded to include other grades. Under the Safe Routes to School (SRTS) programs, parents, schools, community leaders, and local, state, and federal governments are enabling and encouraging the walk and bicycling to schools to improve the health and well-being of children. Lighter frames, improved gears, and innovative safety features make kids bikes more enjoyable and user-friendly than ever before. Thus, manufacturers of kids bikes are constantly launching new products. For instance, in June 2023, Specialized, one of the largest cycling manufacturers, launched the Turbo Levo SL Kids hardtail electric mountain bike. The Specialized kids electric mountain bike has 24-inch wheels and is mainly designed to accommodate riders with height of 122 centimeters to 152 centimeters. Furthermore, the growing children population is also expected to drive the demand for kids bicycles. According to an estimate by the US Census Bureau, in the US, the population of children aged between 6-11 years was ~24.2 million in 2022 and is expected to grow to 26.0 million by 2030. The rising population of children propels the demand for kids bicycles in North America.

North America Kids Bicycle Market Revenue and Forecast to 2030 (US$ Million)

North America Kids Bicycle Market Segmentation

The North America kids bicycle market is categorized into product type, distribution channel, and country.

Based on product type, the North America kids bicycle market is bifurcated into battery operated and manual. The manual segment held a larger market share in 2022.

In terms of distribution channel, the North America kids bicycle market is segmented into supermarkets and hypermarket, specialty stores, online retail, and others. The supermarkets and hypermarket segment held the largest market share in 2022.

By country, the North America kids bicycle market is segmented into the US, Canada, and Mexico. The US dominated the North America kids bicycle market share in 2022.

SCOTT Sports SA, Cycling Sports Group Inc, Merida Industry Co Ltd, BikeCo LLC, Kona Bicycles Co, Specialized Bicycle Components Inc, Trek Bicycle Corp, and Giant Manufacturing Co Ltd are some of the leading companies operating in the North America kids bicycle market.

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At 4.1% CAGR, North America Kids Bicycle Market is Speculated to be Worth US$ 2,515.33 Million by 2030, says the Research Team

According to the Research Team’ research, the North America kids bicycle market was valued at US$ 1,827.29 million in 2022 and is expected to reach US$ 2,515.33 million by 2030, registering a CAGR of 4.1% from 2022 to 2030. Rising demand for e-bicycles and proliferation of e-commerce industry are among the critical factors attributed to drive the North America kids bicycle market growth.

The rising demand for e-bicycles has emerged as a notable trend in the kids bicycle market, reflecting broader shifts in consumer preferences toward innovative and sustainable transportation solutions for children. E-bicycles, equipped with electric assistance, are gaining popularity due to their ability to offer a unique and exciting riding experience for kids. These bicycles often feature adjustable power levels. One key driver behind the trend is the allure of technology. As digital natives, today’s children are growing up in an era where technology plays a significant role in their daily lives. E-bicycles capitalize on this fascination by blending traditional outdoor activities with cutting-edge technology, making riding more engaging for the younger generation. The integration of electric features attracts kids and aligns with the broader trend of incorporating tech-driven elements into various aspects of children’s play and recreation. Safety is another factor contributing to the rise in demand for e-bicycles in the kids bicycle market. Parents appreciate electric assistance-controlled acceleration and braking capabilities, enhancing the rider’s overall safety. This is particularly appealing for parents who may have safety concerns associated with traditional bicycles, as e-bicycles offer additional supervision and control over their child’s riding activities. The environmental consciousness of parents is also influencing the preference for e-bicycles. E-bicycles are perceived as more eco-friendly than traditional bikes, aligning with the growing emphasis on sustainable living. As parents seek ways to instill responsible environmental values in their children, opting for e-bicycles will likely continue its ascent in the kids bicycle market. Overall, the increasing demand for e-bicycles reflects a convergence of technological innovation, safety considerations, and environmental consciousness, shaping the evolving landscape of kids transportation and recreation.

On the contrary, safety concerns hamper the growth of North America kids bicycle market.

Based on product type, the North America kids bicycle market is bifurcated into battery operated and manual. The manual segment held 77.2% market share in 2022, amassing US$ 1,410.86 million. It is projected to garner US$ 1,896.37 million by 2030 to register 3.8% CAGR during 2022-2030.

In terms of distribution channel, the North America kids bicycle market is categorized into supermarkets and hypermarket, specialty stores, online retail, and others. The supermarkets and hypermarket segment held 40.3% share of North America kids bicycle market in 2022, amassing US$ 736.69 million. It is projected to garner US$ 984.18 million by 2030 to expand at 3.7% CAGR from 2022 to 2030.

By country, the North America kids bicycle market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 76.5% share of North America kids bicycle market in 2022. It was assessed at US$ 1,396.96 million in 2022 and is likely to hit US$ 1,904.54 million by 2030, registering a CAGR of 4.0% during 2022-2030.

Key players operating in the North America kids bicycle market are SCOTT Sports SA, Cycling Sports Group Inc, Merida Industry Co Ltd, BikeCo LLC, Kona Bicycles Co, Specialized Bicycle Components Inc, Trek Bicycle Corp, and Giant Manufacturing Co Ltd, among others.

In May 2021, Specialized Bicycle Components Inc. introduced the Jett, an adjustable kid’s bike designed to promote a lifetime of riding. The bike is proportionally and child-liftable, making it ideal for roads and neighborhoods.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America kids bicycle market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America kids bicycle market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America kids bicycle market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 North America Key Insights
2.2 North America Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. North America Kids Bicycle Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors or Suppliers
4.3.4 Distribution Channel
5. North America Kids Bicycle Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Emphasis on Active Lifestyles
5.1.2 Strategic Initiatives by Key Players
5.2 Market Restraints
5.2.1 Safety Concerns
5.3 Market Opportunities
5.3.1 Proliferation of E-Commerce Industry
5.4 Future Trends
5.4.1 Rising Demand for E-Bicycles
5.5 Impact of Drivers and Restraints:
6. Kids Bicycle Market – North America Market Analysis
6.1 Kids Bicycle Market Overview
6.2 Kids Bicycle Market Revenue (US$ Million), 2020-2030
6.3 Kids Bicycle Market Forecast Analysis
7. North America Kids Bicycle Market Analysis – by Product Type
7.1 Battery Operated
7.1.1 Overview
7.1.2 Battery Operated: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Manual
7.2.1 Overview
7.2.2 Manual: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Kids Bicycle Market Analysis-by Distribution Channel
8.1 Supermarkets & Hypermarket
8.1.1 Overview
8.1.2 Supermarkets & Hypermarket: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Specialty Stores
8.2.1 Overview
8.2.2 Specialty Stores: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Online Retail
8.3.1 Overview
8.3.2 Online Retail: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Kids Bicycle Market – Country Analysis
9.1 North America
9.1.1 North America: Kids Bicycle Market, by Key Country, 2022 and 2030 (%)
9.1.1.1 North America: Kids Bicycle Market – Revenue and Forecast Analysis – by Country
9.1.1.2 United States: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 United States: Kids Bicycle Market Breakdown, by Product Type
9.1.1.2.2 United States: Kids Bicycle Market Breakdown, by Distribution Channel
9.1.1.3 Canada: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Canada: Kids Bicycle Market Breakdown, by Product Type
9.1.1.3.2 Canada: Kids Bicycle Market Breakdown, by Distribution Channel
9.1.1.4 Mexico: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Mexico: Kids Bicycle Market Breakdown, by Product Type
9.1.1.4.2 Mexico: Kids Bicycle Market Breakdown, by Distribution Channel
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
11. Industry Landscape
11.1 Overview
11.2 Product launch
12. Company Profiles
12.1 SCOTT Sports SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cycling Sports Group Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Merida Industry Co Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 BikeCo LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kona Bicycle Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Specialized Bicycle Components Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Trek Bicycle Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Giant Manufacturing Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams

LIST OF TABLES

Table 1. North America Kids Bicycle Market Segmentation
Table 2. Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 4. Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million) – by Distribution Channel
Table 5. North America: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 6. United States: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 7. United States: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Distribution Channel
Table 8. Canada: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 9. Canada: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Distribution Channel
Table 10. Mexico: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 11. Mexico: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million) – by Distribution Channel

LIST OF FIGURES

Figure 1. North America Kids Bicycle Market Segmentation, by Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Kids Bicycle Market
Figure 4. Kids Bicycle Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Kids Bicycle Market Revenue (US$ Million), 2020-2030
Figure 7. Kids Bicycle Market Share (%) – by Product Type (2022 and 2030)
Figure 8. Battery Operated: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Manual: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Kids Bicycle Market Share (%) – by Distribution Channel (2022 and 2030)
Figure 11. Supermarkets & Hypermarket: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Specialty Stores: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Online Retail: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: Kids Bicycle Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. North America: Kids Bicycle Market, by Key Country – Revenue (2022) (US$ Million)
Figure 16. North America: Kids Bicycle Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 17. United States: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million)
Figure 18. Canada: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million)
Figure 19. Mexico: Kids Bicycle Market – Revenue and Forecast to 2030(US$ Million)
Figure 20. Heat Map Analysis by Key Players

The List of Companies – North America Kids Bicycle Market

1. SCOTT Sports SA
2. Cycling Sports Group Inc
3. Merida Industry Co Ltd
4. BikeCo LLC
5. Kona Bicycles Co
6. Specialized Bicycle Components Inc
7. Trek Bicycle Corp
8. Giant Manufacturing Co Ltd

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