Baby/Children Bikes and Ride Market: 8.23% CAGR to 2020
PUNE, India, October 12, 2016 /PRNewswire/ --
2016 the global baby & children bikes and ride market research says a trend boosting market growth is the availability of enhanced product features with manufacturers designing a three-wheeled version of motorcycles tailored for younger children. Electrical ride-on vehicles are being manufactured in the form of All-Terrain Vehicles (ATVs), tractors, fork lifts, quad bikes, dump trucks, go-karts, and related products.
Complete report on baby and children bikes and ride on market spread across 57 pages, analyzing 4 major companies and providing 24 data exhibits now available at http://www.reportsnreports.com/reports/709533-global-baby-and-children-bikes-and-ride-on-market-2016-2020.html.
This analyst forecast the global baby and children bikes and ride on market to grow at a CAGR of 8.23% during the period 2016-2020. According to the baby and children bikes and ride on market report, a key growth driver is the selective new and informative buying by consumers as opposed to hand me down toys. Some parents find it nostalgic to watch their children play with vintage toys used by them during their childhood. However, some of these toys can pose a threat, as many plastic toys manufactured in the 1970s and 1980s contained toxins like lead, cadmium, and sometimes arsenic. Around one in four toys tested contained more than 10 times the current safety limits for lead. One-third of the toys tested contained lead and cadmium, which were over the standard limits.
The manual pedal and push bikes and ride-on segment will to continue its dominance in the baby and children bikes and ride on market during the forecast period and will occupy around 57% of the total market share. These bikes are most popular among children up to the age of five years. Some of these products have music and sounds that help children develop their learning ability. They also help to strengthen the leg muscles of the children and improve their balance and co-ordination.
The Americas will be the largest revenue-contributing region in the bikes and ride-ons market for babies and children and will occupy more than 41% of the overall baby and children bikes and ride on market revenue during the predicted period. Rising incidences of obesity among children has propelled parents to engage them into active lifestyles, which has increased the adoption of these bicycles in the region. The bikes and ride-ons market for babies and children in Americas is expected to post a CAGR of around 8% during the forecast period.
The following companies are the key players in the global baby and children bikes and ride on market: Hasbro, JAKKS Pacific, Mattel, Peg Pérego. Other prominent vendors in the market are: Dream International, Funtastic, Kids II, Lansay France, Little Tikes, MGA Entertainment, Toy Quest, Toy Zone, and Vivid Imaginations. Order a copy of Global Baby and Children Bikes and Ride on Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=709533.
Global Baby and Children Bikes and Ride On Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated through the retail sales of baby and children bikes and ride-on products. The report considers zero to five years age group for this report.
Another related report is Global Children Bicycle Market 2016-2020, key growth driver is the rise in instances of childhood obesity. The growing prevalence of childhood obesity in both developing and developed countries has highlighted obesity as a public health problem globally. Childhood obesity can increase the chances of health problems such as asthma, type 2 diabetes, and cardiovascular conditions. Globally, 43 million children under the age of five years were obese; by the end of 2020, this number will reach 60 million. Browse complete report @ http://www.reportsnreports.com/reports/586303-global-children-bicycle-market-2016-2020.html.
Explore other new reports on Consumer Goods Market @ http://www.reportsnreports.com/market-research/consumer-goods/.
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