Global Kids Scooter Market, By Product Type (Two Wheelers, Three Wheelers), By Distribution (Online, Offline), By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
Global Kids Scooter Market
The Global Kids Scooter Market was valued at USD 44.88 Mn in 2021 which is expected to reach USD 79.7 Mn by 2027, at a CAGR of 9.62% from 2022-2027.
A scooter, conventionally known as a kick-scooter or a push-scooter, is a human-driven small vehicle meant to be used on streets. The vehicle has two or three wheels with a deck to stand on and a handlebar to navigate. Most scooters are built using titanium, aluminum, or steel. Scooters for toddlers are usually made of plastic and do not have any advanced features. Many children are using scooters to travel to their schools or cover short distances.
Market Drivers
One of the primary market drivers for the growth of the kid's scooter market worldwide is the rising preferences of parents towards a more active lifestyle for their children. Outdoor activities, including scooting, are noted for their immense health benefits. Outdoor playful activities can help children combat childhood obesity, improve metabolism, heart health, and blood circulation, as well as become more socially active and confident. These factors are driving parents and children to choose scooters.
Moreover, developed countries are encouraging kids to take up scooting to help them achieve health benefits. This is also a driving factor for the global kid's scooter market’s growth.
Market Restraints
One of the main challenges that the global kid's scooter market is expected to face is the reduction in kids' scooter demand due to the falling birth rates worldwide. Many developed countries, and even some emerging economies, are witnessing a fall in birth rates. The low number of births to children may lead to a decreased demand for kids’ scooters.
Another restraint could be the risk of injuries or accidents due to scooters. Concerned parents may discourage their kids from using scooters until they reach a certain age. Kids, who may not be aware of traffic rules, could be at risk of injuries because of scooters.
Market Segmentation
The global kid's scooter market is segmented into product types two-wheelers and three-wheelers. Further, the market is segmented into distribution channels online and offline.
Regional Analysis
The European market for kids' scooters is expected to hold a dominant share. This is due to the shift in the preferences of parents to adopt healthier lifestyles for their children. Moreover, the cycling and independent traveling culture, especially in the UK, the Netherlands, Sweden, and Denmark is also a basis for more kids to take up scooting. The need for a cleaner mode of transportation will also contribute to a high market share in Europe.
The Asia Pacific market is expected to witness the fastest CAGR growth. Due to the rise in personal disposable incomes, better lifestyles available for children, a growing number of retailers and products, and the shifting preference for healthy lifestyles, the Asia-Pacific market will witness significant growth in the kid's scooter market.
Key Players
Swifty Scooters Ltd., Decathlon S.A, Micro Scooters Ltd., iScootbike Ltd., Razor USA LLC, Radio Flyer, Fuzion Scooter, Simba Toys GmbH & Co. KG, Dorel Industries Inc, Globber.
Market Taxonomy
By Product Type
• Two Wheelers
• Three Wheelers
By Distribution
• Online
• Offline
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Kids Scooter Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Kids Scooter Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Kids Scooter Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Kids Scooter Market Share Analysis, By Product Type
5.3 Global Kids Scooter Market Size and Forecast, By Product Type
5.3.1 Two Wheelers
5.3.2 Three Wheelers
6 Global Kids Scooter Market, By Distribution
6.1 Y-o-Y Growth Comparison, By Distribution
6.2 Global Kids Scooter Market Share Analysis, By Distribution
6.3 Global Kids Scooter Market Size and Forecast, By Distribution
6.3.1 Online
6.3.2 Offline
7 Global Kids Scooter Market, By Region
7.1 Global Kids Scooter Market Share Analysis, By Region
7.2 Global Kids Scooter Market Size and Forecast, By Region
8 North America Kids Scooter Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Kids Scooter Market Share Analysis, By Product Type
8.3 North America Kids Scooter Market Size and Forecast, By Distribution
8.4 North America Kids Scooter Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Kids Scooter Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Kids Scooter Market Share Analysis, By Product Type
9.3 Europe Kids Scooter Market Size and Forecast, By Distribution
9.4 Europe Kids Scooter Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Kids Scooter Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Kids Scooter Market Share Analysis, By Product Type
10.3 Asia Pacific Kids Scooter Market Size and Forecast, By Distribution
10.4 Asia Pacific Kids Scooter Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia
11 Latin America Kids Scooter Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Kids Scooter Market Share Analysis, By Product Type
11.3 Latin America Kids Scooter Market Size and Forecast, By Distribution
11.4 Latin America Kids Scooter Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Kids Scooter Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Kids Scooter Market Share Analysis, By Product Type
12.3 Middle East Kids Scooter Market Size and Forecast, By Distribution
12.4 Middle East Kids Scooter Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Swifty Scooters Ltd.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Decathlon S.A
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Micro Scooters Ltd.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 iScootbike Ltd.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Razor USA LLC
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Radio Flyer
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Fuzion Scooter
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Simba Toys GmbH & Co. KG
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Dorel Industries Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Globber
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies