Europe Childrens Bicycle Market Trends Growth, Analysis and Forecast To 2020

Childrens Bicycle Market Analysis, Share and Size, Emerging Trends,
Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Children's Bicycle Market in Europe 20162020
Technavio recognizes the following companies as the key players in the children's bicycle market in
Europe: Accell, Trek Bicycle, Giant Bicycle, Derby Cycle, and Grimaldi Industri.
Other Prominent Vendors in the market are: Canyon, Colnago, Cuberoad, Frog Bikes, GT Bicycles, Haro
Bike, Hero, Islabikes, Kona, Merida, Pinarello, Planet X, Ridgeback¸ Shimano, and Universal.
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Commenting on the report, an analyst from Technavio’ s team said: “Rising numbers of bicycle clubs will
be a key trend for market growth. One of the emerging trends expected to propel the market's growth
during the forecast period is the rising number of bicycle clubs for racing, riding, mountain biking, and
other adventure sports for children. For instance, Bicester Cycling Club announced to host the largest
trial cycling event in June 2016 for which 80 teams of cyclists have signed up to take the challenge.”
According to the report, one of the key drivers for market growth will be innovations in terms of design
and features. To address the growing demand for children's bicycles and to enhance their consumer
base, vendors operating in this space are focusing on developing innovative products in terms of design
and features. To this end, eco-friendly children's bicycles are gaining traction in the market. One such
bicycle is Brum Brum Balance, which is made of recyclable birch and oak wood, and is one of the most
popular eco-friendly children's bicycles available in the market. The wheels of Brum Brum Balance
bicycles are also safe for children's fingers as these are made using duralumin alloy plates and do not
have any spokes or holes.
Further, the report states that low inter-modality will be a challenge for the market. Hectic lifestyles of
parents have influenced their as well as their children's dependence on motorized transport to
commute to schools and other places, and thus reduced the opportunities for cycling. However,
congestion often creates an issue for parents who are dropping their children to their desired locations.
Intermodal transport solution is an alternative to the increasing traffic congestion issues in Europe, yet
there are a few countries that still have lesser or no inter-modality, which explains why people in the
region are still opting for cars to travel both long and short distances.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Bicycles Demand
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 indepth 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.
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According to the report, one of the key drivers for market growth will be innovations in terms of design and features.