Kids Scooter Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2030
The global kids scooter market is anticipated to grow significantly at a CAGR of 4.5% over the forecast period. The scooters coming with two wheels are highly popular among older kids (above 5 years) as they have an established sense of balance. Further, these scooters also have other features such as high speed and the capacity to carry more weight. Durable materials such as airplane-grade aluminum are used to develop this type of scooter.
Apart from this, the global kids scooter market is expected
to witness higher growth during the forecast period due to initiatives by
various companies including Micro Mobility Systems Ltd., which offers training
programs on safety and correct handling techniques on Micro-Mobility Day. Every
year, more than six thousand children participate in the training course. The
course focuses on braking technologies as well as understanding and awareness
related to danger. Such initiatives are expected to have a positive impact on
product adoption, which, in turn, will fuel market growth in the upcoming
years.
Further, the increasing expansion of retail stores by
companies across the globe is propelling the growth of the market as it
increases product visibility. For an instance, in 2019, Decathlon opened
a brick-and-mortar store in Ukraine and Japan. In 2018, Decathlon witnessed a
5% increase in its sales owing to international expansion. The company entered
12 new markets including Canada, Greece, Cambodia, and Egypt.
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Market Coverage
• The
market number available for – 2023-2030
• Base
year- 2023
• Forecast
period- 2024-2031
Segment Covered
·
By Product
·
By Distribution Channel
Regions Covered
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape- Decathlon S.A., Fuzion
Scooter, iScootbike Ltd., Micro Scooters Ltd. among others.
A
full Report of Kids Scooter Market is
Available @ https://www.omrglobal.com/industry-reports/kids-scooter-market
Kids Scooter Market – Segmentation
By Product
·
Two- Wheeler
·
Three-Wheeler
By Distribution Channel
·
Offline
·
Online
Kids Scooter Market – Segmentation by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company
Profiles
·
Decathlon S.A.
·
Dorel Industries, Inc. (Pacific Cycle,
Inc.),
·
Fuzion Scooter
·
Globber
·
Haohaizi
·
iScootbike Ltd.
·
Micro Scooters Ltd.
·
Oxelo
·
Radio Flyer, Inc.
·
Razor USA LLC
·
Simba Toys GmbH & Co. KG (Smoby)
·
Swifty Scooters Ltd.
·
Xiaomi
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