Latest News- BMX Bikes Market: Sports is expected to lead the Application segment during 2025-2029

The BMX Bikes Market is being driven by Increasing number of BMX sports events

The BMX Bikes Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 74.5 million. BMX bikes continue to be predominantly sold through specialized bicycle retailers and physical stores. However, the limitations of retail spaces for inventory management have led many companies to explore online sales channels. These platforms provide numerous advantages, including extensive customer reviews, streamlined return policies, door-to-door delivery, personalized fit guidelines using videos, and price savings. Consequently, retailers are increasingly leveraging the digital realm to optimize their retail experience and cater to evolving customer preferences. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Sports
  • Fitness
  • Others
• Type
  • 16 Inch BMX bikes
  • 18 Inch BMX bikes
  • 20 Inch BMX bikes
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing number of BMX sports events
• Rising number of active BMX tracks across the world
• Growing adoption of BMX biking as outdoor recreational activity

However, the market also witnesses some limitations, which are as follows:

• High popularity of e-bikes
• Growing popularity of bike rental service
• Lack of regularity framework

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Market Scope in BMX Bikes Market Research Report

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Research Analysis Overview

The BMX bike market encompasses various features including carbon fiber frames, disc brakes, and rim brakes. Single speed bikes are an option, while bottom brackets come in various types like BB shells. Grip tape ensures a secure ride, and air or coil forks provide suspension. Hydraulic and cable brakes offer braking power. Geometry aspects like head angle, seat angle, standover height, chain stay length, fork offset, and BB drop impact ride quality. Riding styles demand safety gear for protection.

Market Research Overview

The BMX bikes segment falls under the larger leisure products market, which encompasses categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. According to Technavio, the global household durables market size is determined by the consolidated revenue of manufacturers producing household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of the global leisure products market is anticipated to be influenced by several key factors, among which is the surge in health and fitness club memberships. Over the past decade, the number of health and fitness clubs has experienced significant growth, driven by the burgeoning health consciousness trend and the increasing recognition of the benefits of regular exercise.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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