Global Children Tricycle Industry
A tricycle is a three-wheeled cycle that is normally used by children. It is a great way for young kids to exercise while also promoting their riding skills, balance, and coordination. Further, it plays a vital role in the child’s consciousness, voluntary attention development, and allocation of attention.
The driving force behind the growth of the tricycle industry is the increase in disposable income, especially for the residents of developing countries, increasing globalization, and the advancement in technology.
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The primary objective of this study is to define, segment, and project the total size of the global children tricycle industry, based on the company, product type, and key regions. For the purpose of this report, the following manufacturers have been covered in this report, with respect to the data available regarding sales, revenue, market share for each company:
- Radio Flyer
- Dorel Industries
- Bentley Trikes
- Little Tikes
The report segments the global tricycle market based on the age group of the children using it, such as 2 to 4 years old and 5 to 7 years old. Additionally, the market has also been segmented on the basis of the material used in the mainframe and build of the tricycle be it metallic or plastic.
The market size of children’s tricycle has been analyzed for the following geographic regions:
- North America
- United States
- The Asia-Pacific
- South Korea
- Central & South America
- The Middle East & Africa
- GCC Countries
- South Africa
Amongst these, the Asia-Pacific region, especially China and India, has shown great activity in terms of production and demand for children’s tricycles. This growth is expected to sustain for the years to come.
The Red Parka Pub regularly hosts the Downhill Tricycle Grand Prix, which is open for individuals of age 21 and above. However, this year, the Grand Prix’s special feature the special inaugural children’s tricycle parade!
Tricycles are normally thought of as children’s toys. However, based on the concept and working of children’s tricycle, a number of manufacturers are contemplating to expand their scope in providing tricycles for adults, especially those dealing with mobility issues.
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