Global Push Bikes Market Overview:
Push bikes also known as training bike helps the children to balance and learn steering of bike. It does not contain any foot paddles, drivetrain, chain, gears or gear shifters. These bikes are made of metal and wood. These bikes are ideal for children aged 2 to 6 years. Once, children are confident they are able to ride pedal bike. Moreover, the push bikes are manufactured with non-toxic materials, child friendly frame and adjustable seat. These features are increasing the demand of push bikes in the market.
Growth Drivers
- Increasing Disposable Income among the Individuals are Increasing the Market Growth
Opportunities
- Increasing Awareness of Push Bikes in Developing Economies
- Strong Promotional Activities
Challenges
- Changing Prices of Raw Materials
Competitive Landscape:
The market of Push Bikes are focusing on the product developments. The market consists of emerging players who are looking for expansion through merger and acquisition.
Some of the key players profiled in the report are Strider (United States), Prince Lionheart (United States), Janod (France), Early Rider (United Kingdom), LIKEaBIKE (United Kingdom), Wishbone (New Zealand), Radio Flyer (United States), Kinder Bike (United States), Joovy (United States) and Glide Bikes (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Push Bikes market by 2026. Considering Market by Material type, the sub-segment i.e. Metal will boost the Push Bikes market. Considering Market by Children’s age group, the sub-segment i.e. 1 to 2 years will boost the Push Bikes market. Considering Market by Distribution channel, the sub-segment i.e. Online will boost the Push Bikes market.
What Can be Explored with the Push Bikes Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Push Bikes Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Push Bikes
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Push Bikes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Push Bikes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisation.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.