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.
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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.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered
o By Product
o By Distribution Channel
• Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Decathlon S.A., Fuzion Scooter, iScootbike Ltd., Micro Scooters Ltd. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Kids Scooter Market – Segmentation
By Product
By Distribution Channel
Global Kids Scooter Market – Segmentation by Region
North America
• US
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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