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The balance bike market is forecasted to grow by USD 1.02 bn during 2023-2028, accelerating at a CAGR of 7.74% during the forecast period. The report on the balance bike market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by raising awareness of the health, environmental, and economic benefits of cycling, increase in demand for weight balancing in children, increasing government initiatives, and spreading awareness of the advantages of cycling.
The balance bike market is segmented as below:
By Application
- Home use
- Commercial
By Type
- Metal bike
- Wood bike
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the balance bike market covers the following areas:
- Balance bike market sizing
- Balance bike market forecast
- Balance bike market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global balance bike market: Baybee Prime Toys India Pvt. Ltd, Chillafish, Cruzee Balance Bike, Dorel Industries Inc., Glide Bikes Inc., Industrial Research Corp., Joovy Holding Co., KaZAM LLC, KOKUA Bikes USA LLC, Pingxiang FlyBaby Children Toys Co. Ltd., Prince Lionheart, Radio Flyer Inc., Recreational Equipment Inc., RGA Banana Ltd., Strider Sports International Inc., Sunup Healthcare Sdn. Bhd., TheCroco, Yvolve Sports Ltd., SellerX Ten GmbH, The First BIKE Co. Inc., and Woom.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing personal disposable income and rising middle-class population.'
According to the report, one of the major drivers for this market is raising awareness of the health, environmental, and economic benefits of cycling.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baybee Prime Toys India Pvt. Ltd
- Chillafish
- Cruzee Balance Bike
- Dorel Industries Inc.
- Glide Bikes Inc.
- Industrial Research Corp.
- Joovy Holding Co.
- KaZAM LLC
- KOKUA Bikes USA LLC
- Pingxiang FlyBaby Children Toys Co. Ltd.
- Prince Lionheart
- Radio Flyer Inc.
- Recreational Equipment Inc.
- RGA Banana Ltd.
- Strider Sports International Inc.
- Sunup Healthcare Sdn. Bhd.
- TheCroco
- Yvolve Sports Ltd.
- SellerX Ten GmbH
- The First BIKE Co. Inc.
- Woom