According to the recent research report titled ‘Global BMX Bikes Market Size study, by Top Tube Length (Less than 18 Inch, 18-20 Inch, 20-22 Inch, 22 Inch & Above) by Distribution Channel (Online, Offline) by Application (Sports, Fitness, Others), and Regional Forecasts 2021-2027’, available with Market Study Report, global BMX bikes market is expected to record considerable growth over 2021-2027.
 

Growing interest in cycling as a fitness and recreational activity, along with increasing number of participants for off-road activities are propelling global BMX bikes market growth, cites the study.
 

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For the unversed, BMX bikes are designed specifically for off-road racing and stunt riding. They are often lightweight and offer higher efficiency while riding as compared to motor bikes.
 

Governments worldwide are undertaking several initiatives to alleviate traffic congestion caused by vehicles and are encouraging the usage of renewable energy in transportation. Citing an instance, the Indian government launched National Public Bicycle Scheme (NPBS) in 2018 to boost the country's bicycle infrastructure.
 

Furthermore, major contenders have released several concepts related to BMX bikes, which is expected to fuel the market expansion. For instance, several key players including Mafia Bikes, Pacific Cycle Inc., Haro Bikes, and others, which have been working in the marketplace are inclined toward supplying products with different features, further adding to the industry progression.
 

However, high cost of these bikes is anticipated to hamper the remuneration scope of the industry over the study period.
 

In terms of top tube length, worldwide BMX bikes market is split into 22 inch & above, 20-22 inch, 18-20 inch, and less than 18 inch. As per distribution channel, the industry is bifurcated into offline and online. Based on application spectrum, the market is divided into fitness, sports, and others.
 

Elaborating on regional landscape, Latin America, Asia Pacific, Europe, North America are the top contributors to global BMX bikes market remuneration. Of these, Asia Pacific held major market share in the recent past, owing to increasing traffic congestion and growing government schemes to promote bicycles.
 

On the other hand, North America industry is slated to grow substantially over the coming years, creditable to ongoing fitness and recreational activity in the region.
 

Speaking of competitive terrain, GT Bicycles, Stolen BMX, Pacific Cycles, Mafia Bikes, Kink BMX, Haro Bikes, Fit Bike Co., Elite BMX, Cult Crew, and Redline Bicycles are the prominent companies in global BMX bikes market sphere.