According to Cognitive Market Research, The Global Kid's Bicycle market will be USD 7.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
The demand for Kids Bicycles is rising due to the shifting focus towards bicycling.
Demand for battery operated kids bicycle remains higher in the Kids Bicycle market.
The independent outlets category held the highest Kids Bicycle market revenue share in 2023.
Asia Pacific Kids Bicycle will continue to lead, whereas the North American Kids Bicycle market will experience the most substantial growth until 2030.
