Report Code: A08495 | Pages: NA | Apr 2023 | 3417 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Balance Bike Market
Request Now !Balance bike is a type of learner bicycle that has no pedals, but is propelled by the rider pushing their one’s feet along the ground. Balanced bikes are designed to help young children about balancing and steering. These bikes do not have any foot pedals, drivetrain, chain, gears, and gear shifters. They are normal pedal-less bicycle that teach toddlers as young as 18 months to balance on two wheels. Balance bikes are replacement for tricycle and training wheels. Therefore, balance bikes provide easy balancing, which results in the growth of the balance bike market in the coming years.
COVID-19 scenario analysis:
The significant factors leading to the growth of the balance bike market are lightweight bikes with easy affordability and variety in sizes with comfortable system. Moreover, riding a balancing bike is difficult compared to training wheels, and many balancing bikes do not have brakes, thereby hampering the growth of the balance bike market. Furthermore, increase in demand for weight balancing of children is expected to fuel the growth of the balance bike market.
Balanced bikes are usually light in weight, which helps in easy balancing. Balance bike is perfect for kids as it is economical and affordable. These bikes are built with safety braking system with great designs. In addition, affordability of balancing bikes is expected to drive the growth of the market in the coming years.
Balance bikes are available in a variety of sizes with different materials and at different prices. They are made up of heavy aluminum, which cannot be easily bent or twisted. These bikes provide early understanding and builds confidence in riding a bike among kids, thereby making them feel comfortable while riding or balancing. Therefore, these features of balance bikes are anticipated to boost the growth of the balance bike market.
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Questions answered in the balance bike market research report:
Balance Bike Market Report Highlights
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Key Market Players | KaZAM Balance Bikes, Glide Bikes Inc., The Chillafish Company, The First BIKE Company Inc., JOOVY, Prince Lion heart Inc., Radio Flyer, Yvolve Sports Ltd. |
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