Authored By: Sarah
11 Jul 2024

 Bmx Bikes Market Size to grow by USD 67.5 million between 2024-2028

According to a research report “ Bmx Bikes Market” by Application (Sports, Fitness, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 67.5 million, at a CAGR of  4.83% during the forecast period. The BMX biking industry encompasses a variety of competitive events, both amateur and professional, primarily held in Europe and the United States. These events are regulated by esteemed organizations such as the American Bicycle Association (ABA), the Union Cycliste Internationale (UCI), and Sport Australia. Amateur competitions cater to both genders, unfolding at national, regional, and local levels. Notably, BMX Freestyle was integrated into the Tokyo Olympics 2020, augmenting global interest and participation in this thrilling sport. Previous Olympic inclusion of BMX racing in Beijing 2008 further fueled this trend.

Browse market data tables, figures, and in-depth TOC on “Bmx Bikes Market” by Application (Sports, Fitness, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Sports segment is projected to dominate the market size in 2024

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By Geography, North America  segment is expected to hold the largest market size for the year 2024

The BMX bikes market is primarily driven by the sports segment due to the significant demand for these bikes in various international BMX events, such as the UCI Cycling World Championship, which features disciplines like BMX Racing, Vert BMX riding, and BMX Freestyle. The increasing number of BMX freestyling and sports events is projected to boost market expansion throughout the forecast period. Notably, USA BMX organizes numerous annual events in the US, Canada, and other North American countries, including the USA BMX State Qualifier, Gold Cup Qualifier, and Tanglewood BMX Summer Camp. These events underscore the market's potential growth, making it an essential sector for investors and industry participants.

North America is forecasted to hold the largest market size by region in 2024

The BMX biking market represents a significant business opportunity, with growing demand for these versatile and high-performance bicycles. Key players in this industry focus on innovation, design, and functionality to cater to diverse consumer segments. Market trends include the integration of advanced technology, increasing popularity of freestyle BMX, and rising health consciousness, leading to robust growth prospects.

The Bmx Bikes Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alta Cycling Group
  • CHASE Bicycles
  • CULT
  • Cycling Sports Group LLC
  • deepAutum GmbH and Co. KG
  • Dynacraft BSC Inc.
  • Eastern Bikes
  • Elite BMX Co.
  • Fitbikeco.
  • FLYBIKES S.L.
  • Haro Bikes
  • Hyper Bicycles Inc.
  • Kink BMX
  • Royalbaby Cycle Beijing Co. Ltd.
  • Stolen Brand
  • Stomp Distribution Ltd.
  • Subrosa
  • Tall Order BMX
  • United Bike Co.
  • WeThePeople Bike Co.
.

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Research Analysis Overview

The BMX bike market has been gaining popularity among the health-conscious population due to its status as a low impact exercise. BMX bikes offer physical benefits similar to yoga, swimming, cycling, running, and other commuting activities, making them an excellent choice for those looking to improve their fitness. With their lightweight nature, BMX bikes are accessible to individuals of all heights and ages, with sizes available for children's bike categories as well. Promotional strategies for BMX sports clubs and e-commerce channels have contributed to the growth of this individual sport. Public spending on cycling infrastructure has also played a role in the increase in popularity of BMX bikes, making them a viable option for outdoor recreational activities. BMX bikes offer more than just fitness benefits. They provide an adrenaline rush through racing and stunt riding, making them an exciting alternative to traditional sports. The bicycle motocross sports category has gained significant traction, with riders of all ages enjoying the thrill of the sport. Whether you're a seasoned rider or just starting out, a BMX bike is an excellent investment in your health and fitness.

Market Research Overview

The BMX bike market is a vibrant and dynamic industry that caters to the action sports segment, with a strong focus on dirt race events and street segment riding. The offline segment includes traditional bike shops and local BMX parks, while the online segment offers e-commerce channels and virtual communities for BMX enthusiasts. Classic BMX bikes continue to hold a place in the market, but technology costs have driven innovation in frames, tires, and componentry. Elite BMX brands like Redline Bicycles lead the way with advanced materials and frame geometries, enhancing the rider experience and pushing the boundaries of BMX bike technology. The BMX biking culture thrives on online exposure through social media platforms, showcasing competitions, lifestyle content, and innovative designs. Green energy and reduced car traffic congestion make BMX biking an attractive low-impact exercise option for the health-conscious population. BMX sports clubs and public spending on cycling infrastructure further fuel the growth of this individual sport. With its lightweight nature, BMX biking offers stress reduction, mental benefits, and physical fitness, making it an appealing alternative to yoga, swimming, cycling, running, and other commuting activities. The younger population, including children's bike categories, embraces BMX racing and stunt riding as a unique and exciting bicycle motocross sport.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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