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The balance bike market is poised to grow by $898.35 mn during 2022-2026, accelerating at a CAGR of 6.7% 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health, environmental, and economic benefits of cycling, an increase in demand for weight balancing in children, and government initiatives to promote cycling.
The balance bike market analysis includes the type segment and geographic landscape.
The balance bike market is segmented as below:
By Type
- Metal bike
- Wood bike
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing personal disposable income and rising middle-class population as one of the prime reasons driving the balance bike market growth during the next few years. Also, a rise in online sales and increased adoption of multi-channel marketing and promotional strategies by vendors will lead to sizable demand in the market.
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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading balance bike market vendors that include Artsana S.p.A, Baybee Prime Toys India Pvt. Ltd, Bixe Balance Bikes, Cruzee Balance Bike, Cycling Sports Group LLC, Glide Bikes Inc., Industrial Research Corp, Joovy Holding Co., KaZAM LLC, Pingxiang FlyBaby Children Toys Co. Ltd, Prince Lionheart Inc., Radio Flyer Inc., Recreational Equipment Inc., RGA Banana Ltd, The Chillafish Co., The First BIKE Co. Inc., TheCroco, Strider Sports International Inc, Woom, and Yvolve Sports Ltd. Also, the balance bike market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global balance bike market: Artsana S.p.A, Baybee Prime Toys India Pvt. Ltd, Bixe Balance Bikes, Cruzee Balance Bike, Cycling Sports Group LLC, Glide Bikes Inc., Industrial Research Corp, Joovy Holding Co., KaZAM LLC, Pingxiang FlyBaby Children Toys Co. Ltd, Prince Lionheart Inc., Radio Flyer Inc., Recreational Equipment Inc., RGA Banana Ltd, The Chillafish Co., The First BIKE Co. Inc., TheCroco, Strider Sports International Inc, Woom, and Yvolve Sports Ltd.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 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
A selection of companies mentioned in this report includes:
- Artsana S.p.A
- Baybee Prime Toys India Pvt. Ltd
- Bixe Balance Bikes
- Cruzee Balance Bike
- Cycling Sports Group LLC
- Glide Bikes Inc.
- Industrial Research Corp
- Joovy Holding Co.
- KaZAM LLC
- Pingxiang FlyBaby Children Toys Co. Ltd
- Prince Lionheart Inc.
- Radio Flyer Inc.
- Recreational Equipment Inc.
- RGA Banana Ltd
- The Chillafish Co.
- The First BIKE Co. Inc.
- TheCroco
- trider Sports International Inc
- Woom
- Yvolve Sports Ltd.