Kids Scooter Market is Booming and Predicted to Hit US$ 100.3 Million During 2024-32

IMARC Group, a leading market research company, has recently released a report titled "Kids Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032."the study provides a detailed analysis of the industry, including the global market share size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Kids Scooter 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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What is Kids Scooter?

A kid scooter refers to a type of wheeled device designed for children. It typically comprises a deck or platform, two or three wheels, and a handlebar for steering. Kid scooters are a popular outdoor toy for children and provide a fun way to exercise and enjoy the outdoors. They can be used on sidewalks, driveways, or other smooth surfaces. Some scooters may also have a brake mechanism to slow down or stop them. Presently, there are different types of children scooters available in the market, including traditional manual scooters, electric scooters, and balance bikes. As such, they are gaining immense popularity across the globe.

What are the Growth Prospects and Trends in the Kids Scooter Industry?

The increasing need among parents for spending more time outdoors with their children, on account of the sedentary lifestyles, is primarily driving the kids scooter market. Furthermore, the widespread adoption of the product, which is lightweight and easy to carry, making it a convenient option for families on the go, is also augmenting the market growth. Apart from this, the introduction of modern scooters integrated with safety features, such as brakes, sturdy frames, and non-slip decks, by key players that make them a safe option for kids to ride is positively influencing the global market.

Moreover, the growing popularity of electric scooters, as they offer an easy and fun way while reducing the effort required for manual scooters, is further bolstering the market growth. Besides this, the inflating disposable incomes of individuals and the easy availability of product variants via online and retail platforms are expected to drive the kids scooter market in the coming years.

Who are the Key Players Operating in the Kids Scooter Market?

The report has also provided a comprehensive analysis of the competitive landscape in the global kids' scooter market. Some of the companies covered include.

• 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.

What is Included in Market Segmentation?

The report has categorized the market based on product, distribution channel and region.

Product Insights:

• 2 Wheel
• 3 Wheel

Distribution Channel Insights:

• Offline
• Online  

Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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This release was published on openPR.