Bikes and Ride-ons Market

By Product Type;

Bicycles, Tricycles, Scooters, Skateboards, Electric Ride-Ons and Others

By Distribution Channel;

Online Stores, Supermarkets & Hypermarkets and Specialty Stores and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn731981355 Published Date: September, 2025 Updated Date: October, 2025

Bikes and Ride-ons Market Overview

Bikes and Ride-ons Market (USD Million)

Bikes and Ride-ons Market was valued at USD 42429.53 million in the year 2024. The size of this market is expected to increase to USD 63798.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Bikes and Ride-ons Market

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 42429.53 Million
Market Size (2031)USD 63798.33 Million
Market ConcentrationMedium
Report Pages380
42429.53
2024
63798.33
2031

Major Players

  • Hasbro
  • JAKKS Pacific
  • Mattel
  • Peg Prego

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Bikes and Ride-ons Market

Fragmented - Highly competitive market without dominant players


The Bikes and Ride-ons Market is witnessing strong growth as consumers increasingly embrace products that blend mobility, leisure, and fitness. Nearly 45% of buyers prefer eco-friendly and lightweight options, highlighting the shift toward sustainable solutions. The market spans across children and adults, appealing to families, commuters, and fitness enthusiasts seeking convenient yet engaging alternatives.

Consumer Demand and Lifestyle Influence
Shifting lifestyles and rising health consciousness are driving market adoption. Close to 38% of consumers invest in ride-ons to combine exercise with entertainment. With urban spaces becoming compact, families are exploring compact ride-on options, making them a practical choice for active living and recreation within limited areas.

Technological Advancements Driving Growth
Innovations in electric and battery-powered ride-ons have increased adoption by over 40% in recent years. Smart controls, enhanced safety features, and lightweight designs are redefining the user experience. These technological improvements not only broaden consumer appeal but also enhance market penetration across diverse demographics.

Rising Popularity Among Children and Young Adults
Kids remain the largest consumer group, contributing to nearly 55% of sales. However, growing popularity among young adults is reshaping the segment as ride-ons become a preferred choice for adventure, fitness, and recreational activities. This expansion across age brackets strengthens long-term industry stability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Bikes and Ride-ons Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health awareness boosts active living
        2. Cool features make ride-on toys popular
        3. Cities need alternative transport solutions
        4. Biking is a trendy hobby
      2. Restraints
        1. Not enough bike lanes in some places
        2. Weather affects outdoor activities
        3. Making and disposing toys affects environment
      3. Opportunities
        1. Building electric bike charging stations
        2. Social media helps reach customers
        3. Families seek outdoor bonding activities
        4. Partnering with eco-conscious brands works
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bikes and Ride-ons Market, By Product Type, 2021 - 2031 (USD Million)
      1. Bicycles
      2. Tricycles
      3. Scooters
      4. Skateboards
      5. Electric Ride-Ons
      6. Others
    2. Bikes and Ride-ons Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Stores
      2. Supermarkets & Hypermarkets
      3. Specialty Stores
      4. Others
    3. Bikes and Ride-ons Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. JAKKS Pacific
      2. Peg Perego
      3. Dream International
      4. Kids II
      5. Little Tikes
      6. Toy Zone
      7. Tripple Ess Toys
      8. Hasbro
      9. Mattel
      10. Funskool
      11. Merida
      12. Simba Dickie Group
      13. Early Rider
      14. woom
      15. Razer
  7. Analyst Views
  8. Future Outlook of the Market