The global BMX bike market size was valued at USD 289.7 million in 2021. The market is projected to grow from USD 303.2 million in 2022 to USD 420.7 million by 2030, exhibiting a CAGR of 4.8% during the forecast period. Global BMX Bike Market Reports give a Key study on the industry status of the BMX Bike Industry Manufacturer with the specific statistics, meaning, definition, SWOT Analysis, expert opinion, and recent development across the globe. The research report also covers the Market Size, Price, Sales, Revenue, Market share, Gross Margin, growth rate, and cost structure. The report aims to give an additional sample of the latest scenario, economic slowdown, and Covid-19 impact on overall Industry.
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The COVID-19 pandemic has been shocking and has never happened before. In all areas, the demand for BMX bikes is higher than expected compared to what it was before the pandemic. Our research shows that the global market grew by 4.66 percent between 2019 and 2020.
The BMX is one of the most common types of bikes used for bicycle motocross. Sports bikes like these are used for tricks and races both on and off-road. The bikes are also popular in kids’ bike categories and with younger people. So, they come in different sizes depending on the age and height of the rider to make the experience better and safer. They are also better for riding because they are light. Bicycle motocross sports are getting more and more popular, which is making people all over the world want these kinds of bikes.
Competitive Landscape and Global Market Share Analysis:
Elite BMX (U.S.), Fitbikeco (U.S.), T. Bicycle (U.S.), Haro Bicycle Corporation (U.S.), KINK BMX (U.S.), Mafiabike (U.K.), Pacific Cycle, Inc. (U.S.), Redline Bicycles (U.S.), Stolen BMX (U.S.), Sunday Bikes (U.S.), Others
Market Segmentation:
By Application:
- Sport
- Fitness
- Others
By Distribution Channel:
- Online
- Offline
- Others
By Top Tube Length:
- Less than 18 Inches
- 18 – 20 Inches
- 20 – 22 Inches
- 22 Inches & Above
- Others
By Category:
- Street
- Dirt
- Others
The report on the BMX Bike market covers the following region (country) analysis:
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Regional Insights:
North America ruled the market in 2021. People in countries like the U.S. and Canada spend a lot of money on outdoor activities like paddle cycling, surfing, biking, and others. This means that North America is likely to grow. This will bring a lot of money into the area for BMX bikes.
Asia-Pacific has the biggest share of the market, and over the next few years, it is expected to grow the fastest. The Asia-Pacific market is expected to grow a lot because the economy is doing well, new designs are coming out, more people are becoming aware of the BMX segment, and key players are making high-end bikes.
During that time period, the market is expected to grow in Europe. A lot of people in some European cities, like France and the Netherlands, ride their bikes or motorcycles to work. The Tour de France and the Ronde van Vlaanderen are two of the most well-known bike races in Europe. European countries like Belgium, Denmark, France, and Italy are building infrastructure quickly to support and encourage BMX bike commuting.
The market share of the rest of the world is growing because more bikes are being shipped to places like Argentina and Columbia. This is likely to lead to more people buying the product in the area.
Following are the major TOC of the BMX Bike Market:
Chapter 1: BMX Bike Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global BMX Bike Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global BMX Bike Market Forecast
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Key Reasons to Purchase BMX Bike Market report:
The report provides a thorough examination of the manufacturing methods, as well as ideas to reduce development risk, major market growth challenges and strategic inputs to overcome the market threats.
In-depth market analysis and an overview of the global BMX Bike Market trend and commercial landscape are included in the report. In addition, the report discusses the effect of COVID-19 on the market.
Reader can acquire a better interpretation of the BMX Bike Market forecast’s future view and opportunities from the report.
The report contains an analysis of recent developments as well as profiles of important market leaders and key players.
To gain an understanding of the market strategies by the leading market players in the BMX Bike
The report analyses the most important driving and restraining factors in the industry, as well as their impact on global market growth.
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