Global BMX Bikes Market Size study & forecast, by Top Tube Length (Less than 18 Inches, 18-20 Inches, 20-22 Inches, 22 Inches & Above) by Application (Sports, Fitness, Others), by Distribution Channel (Online, Offline) and Regional Analysis, 2022-2029

Global BMX Bikes Market Size study & forecast, by Top Tube Length (Less than 18 Inches, 18-20 Inches, 20-22 Inches, 22 Inches & Above) by Application (Sports, Fitness, Others), by Distribution Channel (Online, Offline) and Regional Analysis, 2022-2029

Global BMX Bikes Market is valued at approximately USD 241.94 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2022-2029. BMX bikes were developed by modifying bikes intended for stunt riding and off-road racing. BMX bikes are made with reduced weight and a design that contributes when riding. One of the most well-known bike categories is BMX, which stands for bicycle motocross. BMX bikes are lightweight and come in a range of sizes depending on the rider's height and age for a better and safer riding experience. This market's expansion has also been helped by the introduction of many BMX models by various manufacturers. The key factor driving the market growth is the rising application of BMX bikes in different recreational activities, growing consumer inclination toward the use of e-bikes as an eco-friendly & efficient solution for commute, and implementation of government regulations to encourage the use of bikes is anticipated to support the market growth.

Governments all across the world are taking steps to reduce vehicle traffic and use green energy for transportation. This has supplemented the growth of the bicycle industry worldwide. The market has expanded as a result of government initiatives to boost cycling infrastructure. In Sept. 2021, The funding for bicycle and pedestrian facilities was almost three times as large, at USD 233.39 million, as that for urban transportation, according to Irish local authorities. These governmental initiatives will support the growth of the BMX bicycle market globally over the period of the study. Additionally, the growing product innovation and development, and rising investment in the development of bicycling infrastructure is anticipated to create a lucrative opportunity for the market during the forecast period. However, the high cost of BMX Bikes stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global BMX Bikes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the presence of key market players and rising consumer spending for outdoor recreational activities such as paddle cycling, bike riding, and others in countries such as the U.S. and Canada. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as supportive macroeconomic factors, the introduction of new designs, and awareness of the BMX bike would create lucrative growth prospects for the BMX Bikes market across the Asia Pacific region.

Major market player included in this report are:
Elite BMX (U.S.)
Fitbikeco (U.S.)
G.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.)

Recent Developments in the Market:
 In Sept. 2020, Supercross BMX launched a limited-edition Black Beauty 20-Inches and also more 29-Inches models. Only 10 bicycles were produced by the company for the market. The AME Tri grip, Redline Flight Cranks, Tioga Comp-III, Dia-Compe Brakes, tyres, and other features come with this bike.

Global BMX Bikes Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Top Tube Length, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Top Tube Length:
Less than 18 Inches
18-20 Inches
20-22 Inches
22 Inches & Above
By Application:
Sports
Fitness
Others
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned
Elite BMX (U.S.)
Fitbikeco (U.S.)
G.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.)

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