Global Bike Trailers Market Size By Product (Single-wheel Bike Trailer, Two-wheel Bike Trailer), By Application (Cargo, Pets, Children & Disabled), By Geographic Scope And Forecast

Bike Trailers Market Size And Forecast

Bike Trailers Market size was valued at USD 378.91 Million in 2024 and is projected to reach USD 509.47 Million by 2031, growing at a CAGR of 3.77% during the forecasted period 2024 to 2031.

Rising demand for safe measures while travelling by bicycle with children less than 5 years drives the growth of the Global Bicycle Child Carrier Trailers Market. Also, it is more practical, economic as well as safety to roads positively impact the growth of the market. The Global Bicycle Child Carrier Trailers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Bike Trailers Market Definition

A trailer bike, also known as a trailer cycle, is a one-wheeled or two-wheeled bicycle trailer designed to transport one or more children in postures similar to those of a bicycle rider. It’s been compared to the “rear half of a bicycle.” A trailer bike’s rider typically has a saddle, handlebars, and pedals. Some of them fold up for easier storage. Trailer bikes have been available in a number of different configurations. As with the Weehoo iGo, these have upright-bicycle-like sitting and recumbent-bicycle-like seating. Single-seat and tandem trailer bikes have been available for some time. There may be one or several gears on trailer bikes. They almost never have brakes.

Global Bike Trailers Market Overview

Bike trailers are defined as a wheeled attachment with a rear shaft that can be temporarily attached to a variety of bikes. It tracks the bike’s trajectory whether it’s on one or two wheels. Bike trailers are attached to the back axle or to the chainstay or seatpost via a clamp. They have payload capabilities ranging from a standard 25kg to over 100kg, allowing them to transport everything from groceries to camping gear to children and pets. Cargo trailers are ideal for transporting large items on lengthy bike rides or trips around town.

Bike Cargo trailers are simple to detach. They can be used as a baby stroller or a wheeled cart across the market or stores when detachable. Through the use of suspensions, bike trailers are also more durable for usage on mountainous treks and rougher terrain, putting less stress on the user and their bicycles. The trailers can be customized in a variety of shapes and adjustments, depending on the user’s preferences, resulting in greater compatibility and comfort

The expanding use of bicycles among the millennial and generation Z generations for family short trips, adventurous adventures, and overall increasing awareness about bicycle usage is driving demand for bike trailers. High-income countries, particularly those in North America and Europe, have a long history of bicycle use and have more resources to invest in accessories and items like bike trailers.

Global Bike Trailers MarketSegmentation Analysis

The Global Bike Trailers Market is segmented on the basis of Product, Application, and Geography.

Bike Trailers Market, By Product

• Single-wheel Bike Trailer• Two-wheel Bike Trailer

Based on Product, the market is bifurcated into two-wheel bike trailer, single-wheel bike trailer. Two-wheel bike trailers accounted for the largest market share in 2020 and is projected to grow at a CAGR of 4.19% over the forecast period.

Two-wheel bike trailers are rapidly gaining popularity across the globe owing to their widespread benefits such as high stability, augmented load bearing capacity and less prone to swaying among others. Two-wheel trailers keep the load balanced and stable, which makes the loading and unloading easy. Hence proving to be more suitable for cargo activities. Generally double wheel trailers are larger and can accommodate higher loads than a single wheel trailer. Furthermore, double wheel trailer is more stable when on the road as its less likely to develop trailer sway and slide on loose surfaces. Also, these types of trailers will also move less on corrugated roads. Another prominent benefit of a two-wheel bike trailer is that, when it gets a flat tire, it’s a lot easier to be changed.

Single wheel bike trailers are generally narrower, lighter, have a lower rolling resistance, are more maneuverable (as they lean with the bike), have one less wheel to puncture and can better avoid potholes. Single wheel bike trailers incurred lesser cost when compared to two-wheel bike trailer. Smaller size makes single axle trailers more economical to tow as well as have low maintenance cost.

Bike Trailers Market, By Application

• Cargo• Pets• Children & Disabled

On the basis of Application, the Global Bike Trailers has been segmented into children & disabled, pets and cargo. Children & disabled segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 49.23% during the forecast period. Industrial Pets segment was the second-largest market in 2020.

Bike trailers are extremely beneficial when riding with one or two children. They can be accommodated in a trailer from a very early age. Some models permit a new born to be transported although special accessories are required. Many trailers convert easily to a buggy and can be used without the bike. Also, some other items such as spare nappies, picnics etc. can be accompanied or included in the trailers too. In Case of Disabled kids and adults, specially crafted trailer bikes are being manufactured by the companies. These bike trailers are usually flexible, stable, and spacious. Furthermore, the roof of this trailer can be easily withdrawn, contributing towards conveniently getting in and out. The chair can be removed to place a car or its own seat directly in the trailer.

Bike cargo trailer functionality differs by on the basis of type i.e., single or two-wheeler, as well as mounting style (axle or seat post). These two specifications affect the cyclist’s ride, weight e carried, and type of locations (i.e.paved roads, trails, city streets). The most popular bike cargo trailer designs use one wheel owing to ease of repair and maintenance, less weight, reduced rolling resistance and better aerodynamics.

Bike Trailers Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Global Bike Trailers is classified into North America, Europe, Asia Pacific, and Rest of the world. North America accounted for the largest market share and is growing at a CAGR of 3.56% from 2020 to 2028. Europe was the second largest market for bike trailers in 2020. The North American market growth is attributed to rapid urbanization, increased consumer spending as well as rising demand for greener and environmentally friendly transportation vehicles such as bicycles, along with rising adoption of pets. The region is home to some of the major bicycle markets including the U.S., Canada, and Mexico.

Bicycling is an important form of transportation and recreation for a growing and diverse number of U.S. residents. According to data from the 2019 Economic Census, 6,723 sporting goods stores sold an estimated USD 6.7 billion worth of bikes in the United States. Sporting goods store sales decreased in April 2020, owing to the pandemic outbreak in the country, but recovered and surpassed pre-pandemic levels by March 2021. Furthermore, according to report published by outdoor industry organization, nearly, 53% of Americans aged 6 and over participated in outdoor recreation at least once, the highest participation rate on record in 2020.

Key Players

The “Global Bike Trailers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Burley, Instep (Pacific Cycle), Croozer, Topeak, Chariot (The Thule Group), Weeride Australia, Weehoo Incorporated, Bob Gear (Britax), Trail-A-Bike, and Joovy. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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