Kids Scooter Market to see Huge Growth by 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 

North America                                                                                                           

·        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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