Kids Scooter Market
Dublin, Sept. 17, 2024 (GLOBE NEWSWIRE) — The “Kids Scooter Market Size, Share & Trends Analysis, 2024-2030” report has been added to ResearchAndMarkets.com’s offering.
The global kids scooter market is anticipated to reach USD 92.2 million by 2030, expanding at a CAGR of 4.7% from 2024 to 2030.
The increasing need to seek an alternative mode of transportation that is greener, cleaner, and cheap is a main factor fueling the demand for kids scooter. Non-government organizations such as Sustrans campaign to spread awareness related to health and physical exercise among the school children. Additionally, in order to increase adoption of these products, schools in developed countries including U.K. and Switzerland are providing customized storage units. For instance, more than 4 lakh children drive to school by a kids scooter.
3 wheel kids scooter held a leading market share in 2023. They are mostly popular among the preschooler and school children. These type of kid scooters are equipped with tow wheel in front and one in the rear for better stability. Companies including Razor USA LLC and Micro Mobility use aluminum alloys to improve weight carrying capacity and its anti-slip property helps children build balance.
Offline distribution channel led the market and held more than 72.8% share of the global revenue in 2023. These scooters have high visibility in retail stores such as Amazon Store, Decathlon, and Walmart. Increasing…