Children's electric bicycles, a growing market that is developing
The electric bicycle market is covering the original bicycle market in an all-round way. Driven by various factors, the types of electric bicycles include consumer demand from commuting to entertainment. The new market root system has been firmly planted in the old soil, but it has developed into decline It is an eternal law. The growth of the electric bicycle market for adults has stagnated after the frenzy, and there is not much left in the commuting market, but the entertainment attributes of electric bicycles are not exclusive to adults.
The entertainment attributes of electric bicycles make them a big toy for adults, but the word toy generally connects children. At present, most electric bicycles are positioned as transportation products in the market, and electric bicycle products are rarely used as a toy. In the market, for children, children's electric self-propelled products can not only meet children's learning to drive, but also meet their play needs, and can also be used as parent-child activity props for family entertainment. It is a product that has multiple attributes and meets multiple needs.
Children's e-bike market growth
According to Custom Market Insights (CMI), the global children's bicycle market size was valued at USD 17.5 billion in 2021 and is expected to reach approximately USD 24 billion by 2030, at a CAGR of approximately 3.5% between 2022 and 2030. The European children's bicycle market is expected to grow at a rate of 27.2%.
With the prevalence of sports events and various cycling activities, the scale of children's electric bicycles has gradually increased, and it has become a favorite leisure activity for children while changing people's lifestyles. Schools are also starting to incorporate cycling into students' daily lives, and various clubs are holding fun events to attract parents with young children, such as the Kids' Bike Race in Clarendon, which is held in conjunction with Boeing's 2023 Armed Forces Cycling Classic.
Because of the cultivation of interest since childhood, many children have directly become professional riders when they grow up. Coupled with the addition of a healthy lifestyle, parents are also happy to see their children riding. There are even regional governments that are launching plans to distribute children's bicycles to students in various developing regions, so there is still a lot of room for development as a field of children's two-wheelers.
-Gravity Ebikes
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3th/08/23