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MarketResearchReports.biz added new report "Global Children Bicycle Market 2016-2020", has been prepared based on an in-depth market analysis with inputs from industry experts.
We expect the Global Children's Bicycle Market to grow at a CAGR of 2.31% during the forecast period. In 2015, APAC led the overall market for children's bicycles and was followed by Europe. The ROW, which is constituted of Latin America Lonzo Ball Jersey , the Middle East, and Africa, will see the fastest growth rate over the next five years. North America will register a slowdown in its growth rate owing to the increasing number of children preferring indoor play activities like video games. In addition, in key North American countries Brandon Ingram Lakers Jersey , children in the age group of 0-14 years accounted for a relatively small part of the total population. In the US, for instance, this segment represented only 19% of the total population in 2015, and in Canada Kyle Kuzma Lakers Jersey , this was 15%. This presents a relatively small addressable market for bicycle vendors in the region.
Technavios analysts forecast the global childrens bicycle market to grow at a CAGR of 2.31% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global childrens bicycle market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of different types of bicycles for children in the age group 5-14 years.
The market is divided into the following segments based on geography:
APAC Europe North America ROW
Technavio's report, Global Childrens Bicycle Market 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.
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