IMARC Group, a leading market research company, has recently released a report titled "Kids Scooter Market Report by Product (2 Wheel, 3 Wheel), Distribution Channel (Offline, Online), and Region 2024-2032". The study provides a detailed analysis of the industry, including the kids scooter market trends, size, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global kids scooter market size reached US$ 54.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 100.3 Million by 2032, exhibiting a growth rate (CAGR) of 6.98% during 2024-2032.
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Factors Affecting the Growth of the Kids Scooter Industry:
- Increasing Urbanization and Space Constraints:
The rising urbanization that leads to congested cities with limited space for traditional play and mobility activities is one of the major factors boosting the market growth. In line with this, the growing need among parents for compact, portable, and efficient transportation solutions for their children is acting as a growth-inducing factor. Scooters offer an ideal solution due to their lightweight design, ease of use, and minimal space requirements for storage. Additionally, the growing popularity of car-free zones, pedestrian-friendly spaces, and green initiatives in cities, encouraging parents to opt for eco-friendly transportation options for their children, is bolstering the market growth.
- Rising Health and Fitness Awareness Among Parents:
The increasing awareness among parents about the importance of physical activity for their children's health and well-being is positively influencing the market growth. Moreover, the rising concerns over childhood obesity and sedentary lifestyles, prompting parents to encourage outdoor activities that promote physical fitness, are fueling the market growth. Scooting is an excellent form of exercise that enhances cardiovascular health, builds muscle strength, improves balance and coordination, and provides a fun way to stay active. Besides this, the heightened focus on health and wellness campaigns, along with educational programs that emphasize the benefits of physical activity, is providing an impetus to the market growth.
- Rapid Innovation and Product Diversity:
The continuous innovation and diversification of products as manufacturers invest in research and development (R&D) to introduce new features, designs, and technologies that enhance the user experience is catalyzing the market growth. Moreover, the rising innovations such as adjustable handlebars, foldable designs, light-emitting diode (LED) lights, and customizable options that cater to the varying preferences and needs of children and parents are fueling the market growth. Additionally, the incorporation of safety features like improved braking systems, wider decks for stability, and high-quality materials to ensure a safer ride is enhancing the market growth.
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Kids Scooter Market Report Segmentation:
By Product:
- 2 Wheel
- 3 Wheel
3 wheel accounted for the largest market share due to its stability and ease of use, making it ideal for younger children and beginners.
By Distribution Channel:
- Offline
- Online
Offline represented the largest segment as parents prefer to physically examine the product for quality and safety before purchasing.
Regional Insights:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Europe’s dominance in the kids scooter market is attributed to high urbanization rates, environmental consciousness, and the popularity of outdoor activities among children.
Global Kids Scooter Market Trends:
The development of scooters equipped with global positioning system (GPS) tracking, as they provide peace of mind to parents, allowing them to monitor their child's location in real-time, enhancing safety and security, is fostering the market growth. Besides this, the rising focus on Bluetooth connectivity and app integration to offer interactive features such as ride statistics, gamified experiences, and social sharing options, making scooting more engaging and fun for kids, is enhancing the market growth. Apart from this, the growing demand for eco-friendly and sustainable products, prompting manufacturers to use recyclable materials, non-toxic paints, and sustainable production processes, is catalyzing the market growth.
Top Companies Operated in Kids Scooter Industry:
- Decathlon Sports India Pvt Ltd.
- Fuzion Pro Scooter
- Globber
- iScootbike Ltd.
- Micro Scooters Ltd.
- Radio Flyer Inc.
- Razor USA LLC.
- Smoby Toys Sas
- Swifty Scooters
- Xiaomi Inc.
Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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