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LAMEA Kids Bicycle Market Size, Share & Trends Analysis Report By Type, By Age Group (6 to 8 years, 8 to 15 years, 4 to 6 years, and 3 to 4 years), By Sales Channel (Offline, and Online), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 96 Pages
  • August 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004088
The Latin America, Middle East and Africa Kids Bicycle Market would witness market growth of 9.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Kids Bicycle Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $698.6 Million by 2031. The Argentina market is capturing a CAGR of 11.1% during 2024-2031. Additionally, the UAE market would showcase a CAGR of 9.5% during 2024-2031.



Marketing and branding strategies are critical in the kids bicycle market. Companies invest significantly in advertising and promotional campaigns to capture children's and parents' attention. Effective marketing leverages various media, including television, social media, and in-store displays, to create appealing narratives around their products. Partnerships with popular children’s brands and influencers can enhance the visibility and desirability of bicycles. Engaging campaigns that highlight the fun, health, and adventure aspects of cycling resonate well with the target audience, driving demand.

Despite the positive aspects, the kids bicycle market faces several challenges. Accidents and injuries are the primary concerns of parents, who are concerned about the safety hazards associated with cycling. Ensuring that bicycles have adequate safety features and promoting safe riding practices are essential to addressing these concerns. Additionally, the competition from digital entertainment is a significant hurdle. Children's time spent on bicycles is frequently diminished as a result of the competition between outdoor activities and the allure of smartphones, video games, and streaming services. Balancing screen time with physical activity is an ongoing challenge for parents and the bicycle industry.

Government programs like the "Dubai Fitness Challenge" promote active lifestyles and physical fitness, encouraging families to incorporate activities like cycling into their routines. The UAE government has also invested in extensive cycling paths and parks, making it safe and convenient for children to cycle. Additionally, the high standard of living and rising disposable incomes enable parents to invest in quality bicycles for their children, driving the demand in the region. In the same vein, the Saudi Vision 2030 initiative prioritizes the enhancement of the quality of life and the encouragement of physical activity among the populace.

The Saudi Sports for All Federation (SFA) organizes events and campaigns that encourage active lifestyles, including cycling. Therefore, these factors, supported by reliable data and prominent initiatives, highlight the concerted efforts across LAMEA countries to promote cycling among children, resulting in a thriving market for kids bicycles in the region.

List of Key Companies Profiled

  • Strider Sports International, Inc.
  • Guardian Bikes
  • Islabikes
  • Alta Cycling Group
  • Haro Bikes
  • Huffy Corporation
  • Trek Bicycle Corporation
  • SCOTT Sports SA
  • Frog Bikes Limited
  • Woom Bikes

Market Report Segmentation

By Type

  • Conventional
  • Battery Operated

By Age Group

  • 6 to 8 years
  • 8 to 15 years
  • 4 to 6 years
  • 3 to 4 years

By Sales Channel

  • Offline
  • Online

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Kids Bicycle Market, by Type
1.4.2 LAMEA Kids Bicycle Market, by Age Group
1.4.3 LAMEA Kids Bicycle Market, by Sales Channel
1.4.4 LAMEA Kids Bicycle Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Kids Bicycle Market by Type
4.1 LAMEA Conventional Market by Country
4.2 LAMEA Battery Operated Market by Country
Chapter 5. LAMEA Kids Bicycle Market by Age Group
5.1 LAMEA 6 to 8 years Market by Country
5.2 LAMEA 8 to 15 years Market by Country
5.3 LAMEA 4 to 6 years Market by Country
5.4 LAMEA 3 to 4 years Market by Country
Chapter 6. LAMEA Kids Bicycle Market by Sales Channel
6.1 LAMEA Offline Market by Country
6.2 LAMEA Online Market by Country
Chapter 7. LAMEA Kids Bicycle Market by Country
7.1 Brazil Kids Bicycle Market
7.1.1 Brazil Kids Bicycle Market by Type
7.1.2 Brazil Kids Bicycle Market by Age Group
7.1.3 Brazil Kids Bicycle Market by Sales Channel
7.2 Argentina Kids Bicycle Market
7.2.1 Argentina Kids Bicycle Market by Type
7.2.2 Argentina Kids Bicycle Market by Age Group
7.2.3 Argentina Kids Bicycle Market by Sales Channel
7.3 UAE Kids Bicycle Market
7.3.1 UAE Kids Bicycle Market by Type
7.3.2 UAE Kids Bicycle Market by Age Group
7.3.3 UAE Kids Bicycle Market by Sales Channel
7.4 Saudi Arabia Kids Bicycle Market
7.4.1 Saudi Arabia Kids Bicycle Market by Type
7.4.2 Saudi Arabia Kids Bicycle Market by Age Group
7.4.3 Saudi Arabia Kids Bicycle Market by Sales Channel
7.5 South Africa Kids Bicycle Market
7.5.1 South Africa Kids Bicycle Market by Type
7.5.2 South Africa Kids Bicycle Market by Age Group
7.5.3 South Africa Kids Bicycle Market by Sales Channel
7.6 Nigeria Kids Bicycle Market
7.6.1 Nigeria Kids Bicycle Market by Type
7.6.2 Nigeria Kids Bicycle Market by Age Group
7.6.3 Nigeria Kids Bicycle Market by Sales Channel
7.7 Rest of LAMEA Kids Bicycle Market
7.7.1 Rest of LAMEA Kids Bicycle Market by Type
7.7.2 Rest of LAMEA Kids Bicycle Market by Age Group
7.7.3 Rest of LAMEA Kids Bicycle Market by Sales Channel
Chapter 8. Company Profiles
8.1 Strider Sports International, Inc.
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Guardian Bikes
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Islabikes
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Alta Cycling Group
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Haro Bikes
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Huffy Corporation
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Trek Bicycle Corporation
8.7.1 Company Overview
8.8 SCOTT Sports SA
8.8.1 Company Overview
8.9 Frog Bikes Limited
8.9.1 Company Overview
8.9.2 Recent strategies and developments
8.9.2.1 Partnerships, Collaborations, and Agreements
8.9.3 SWOT Analysis
8.10. Woom Bikes
8.10.1 Company Overview
8.10.2 Recent strategies and developments
8.10.2.1 Geographical Expansions
8.10.3 SWOT Analysis

Companies Mentioned

  • Strider Sports International, Inc.
  • Guardian Bikes
  • Islabikes
  • Alta Cycling Group
  • Haro Bikes
  • Huffy Corporation
  • Trek Bicycle Corporation
  • SCOTT Sports SA
  • Frog Bikes Limited
  • Woom Bikes

Methodology

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