USD 26.15 Million
Report ID:
SQMIG25J2075 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Kids Scooter Market size was valued at USD 0 Million in 2023 and is poised to grow from USD 0 Million in 2024 to USD 0 Million by 2032, growing at a CAGR of 7.60% during the forecast period (2025-2032).
The demand for kids’ scooters is anticipated to be mostly driven by parents' growing concerns about the health of their children. Scooting has been suggested as a way to enhance bodily functions like metabolism, cardiovascular health, and blood circulation. Additionally, physical activity promotes height, mobility, and immunity, all of which help in the prevention of many ailments, including obesity and problems that are associated with it. In addition, schools in industrialized nations like the U.K. are encouraging kids to use scooting as an exercise to raise awareness about preserving health. Even specialized storage racks and pods are frequently offered by schools for convenient storage. In addition, Sustrans efforts urge more kids to scooter or cycle to school.
Kids scooters have risen in popularity as a result of changing lifestyles and are now viewed by children as a more enjoyable pastime that they enjoy engaging in with their pals. Parents are also in favor of the sport since it helps youngsters develop self-confidence and traffic awareness. Scootering is an activity that can be included into kids' daily lives. Additionally, developing technical and mechanical abilities is a benefit of daily scootering.
Around 4 lakh kids in Switzerland travel to school on scooters each day. On Micro Mobility Day, the business, Micro Mobility, offers training courses on security and proper handling methods. The training programmer is attended by more than 6,000 kids yearly. The course emphasizes breaking innovations along with knowledge and awareness of risk. These initiatives are anticipated to have a favorable effect on product acceptance, and that will in turn spur growth in the market in coming years.
US Kids Scooter Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 26.15 Million
Largest Segment
Three Wheel
Fastest Growth
Two Wheel
Growth Rate
7.60% CAGR
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Kids Scooter Market is segmented based Product, Distribution Channel and region. Based on Product the market is segmented 2 Wheel and 3 Wheel. Based on Distribution Channel the market is segmented into Online and Offline. Based on region the global Kids Scooter Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Kids Scooter Market Analysis by Product
The three-wheeled kids scooter now has the largest market share and is projected to grow at the fastest rate. Children and toddlers like these scooters a lot. A majority of three-wheel children's scooters feature a single wheel in the back and two wheels up front for added stability. Kids scooters with aluminum adjustable handlebars are also available from manufacturers like Micro Mobility and Razor. Additionally, the businesses sell foldable scooters in a variety of colors with a seat that can be removed and adjusted for storage and portability. The polyurethane wheels on these children's scooters are suitable for wooden floors, and they also have LED lights for night riding.
The two-wheel kids scooter is anticipated to witness a rapid growth in the upcoming years. These two-wheeled children's scooters are common among older children (over 5 years) with a good sense of balance. These scooters can move faster and can support more weight. They are constructed from sturdy materials like aluminum that is appropriate to use in aircraft. In the next few years, market growth is anticipated to be aided by the government's shift in attention towards greener forms of transportation.
Kids Scooter Market Analysis by Distribution Channel
In 2022, the offline market held a commanding share of more than 70.0%. Offline retailers like Walmart and Decathlon sell kids scooters in large quantities. The growing presence of these traders makes the product more visible, which is anticipated to help the kids scooter market grow. For instance, Decathlon had a 5% boost in revenue in 2022 as a consequence of global growth. It has grown into 12 new markets, among them Canada, Greece, Cambodia, and Egypt.
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Europe held the largest market share in 2022 as a result of broad product usage and a shift in consumer attitudes towards a healthy lifestyle in countries like Germany, Switzerland, and Norway. Due to their expanding popularity and the growing desire for cheaper, cleaner, and greener transportation solutions, the market for children's scooters is projected to expand. Non-governmental agencies encourage scootering among parents and schools in countries like the UK and Switzerland.
Asia Pacific is anticipated to have the fastest CAGR of 4.4% between 2022 and 2030. More e-retailers working in nations like China and India will probably increase product availability, which is anticipated to be a key factor in the market's growth throughout the course of the forecast year. Additionally, it is anticipated that Decathlon's strategic growth into countries like Japan and India is going to help market expansion.
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Kids Scooter Market Driver
Rising Health Concerns
Kids Scooter Market Restraint
Safety Concerns
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The global kids scooter market is dominated by a few key players, such as Razor, Micro Mobility, and Globber Scooters, who offer a wide range of products at different price points. Many companies focus on product innovation, incorporating new features such as LED lights and electric motors to appeal to a wider audience. Other companies focus on high-quality materials and design, with a strong emphasis on sustainability. Safety features are also important to many companies, with adjustable handlebars, sturdy frames, and high-quality brakes being common features. Some companies are incorporating digital features, such as mobile apps, to provide parents with safety alerts and track their child's progress. Customization options are also becoming more popular, with companies offering interchangeable parts and color options to allow kids to create a scooter that reflects their personality.
Kids Scooter Market Top Player’s Company Profiles
Kids Scooter Market Recent Developments
Electric scooters are Gaining Popularity
Customization Options are in Demand
Matter of Sustainability is Gaining Importance
Safety Features are a Priority
Digital Integration is on the Rise
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Kids Scooter market is the demand for kids’ scooters is anticipated to be mostly driven by parents' growing concerns about the health of their children. Scooting has been suggested as a way to enhance bodily functions like metabolism, cardiovascular health, and blood circulation. Additionally, physical activity promotes height, mobility, and immunity, all of which help in the prevention of many ailments, including obesity and problems that are associated to it. In addition, schools in industrialized nations like the U.K. are encouraging kids to use scooting as an exercise to raise awareness about preserving health. Even specialized storage racks and pods are frequently offered by schools for convenient storage. In addition, Sustrans efforts urge more kids to scooter or cycle to school.
Report Metric | Details |
---|---|
Market size value in 2021 | USD 26.15 Million |
Market size value in 2030 | USD 59.55 million |
Growth Rate | 7.60% |
Base year | 2023 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Kids Scooter Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Kids Scooter Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Kids Scooter Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Kids Scooter Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25J2075
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