Theglobal kids scooter marketis 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 2021-2029
Base year- 2021
Forecast period- 2023-2029
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.
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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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