According to a new market research report published by sheer analytics and insights, “The Global Kick Scooter Market will grow at 21.5% CAGR from 2020 to 2030, as per the latest Global Kick Scooter Market (By Product – Electric, Non-electric. By Wheels – Two-wheels, Three- wheels, four wheels. By Application – Personal, Rental. By End-User – Kids, Adults. By Geography – North America, Middle East and Africa, Europe, Asia Pacific, Latin America.) – Global industry analysis, size, share, growth, trends and forecast, 2020 – 2030.
Kick scooter is one of the most preferred equipment for exercising after cycling. Rising traffic congestion, increased fuel rates, global warming concerns and health issues due to non-movement of body are the major reasons attributing towards the market growth. North America is a frontrunner in case of adult kick scooters demand in 2020 with a share of more than 44.5%. In Asian countries, such as South Korea, Japan and China kick scooter market has shown a great surge. People are buying kick scooters from lower to higher range depends on their usage. In addition to general kick scooters, companies have introduced electric kick scooters too for little longer distances. Even most of the universities or companies who have a very big campus, people are utilizing these kick scooters rather than cycle or any other vehicles. At present market is in between consolidated and fragmentation and seems to have moderate competition. As most of the kick scooter manufacturing is done in China, therefore market poses challenge due to stringent relations between China and major economies presently, but this is expected to normalize in coming years.
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With the increased urban road congestion along with the transportation services are the main factors that will help to accelerate the growth of this market in the forecasted period. also the high demand for the first and the last mile transport along with the increased adoption of the kick scooter are also the main factors that will help to drive the market. Kick Scooters have some of the benefits like it helps to burn the calories, it is safe and easy, fasting sessions it helps save time. However with the current pandemic has affected the market to some extent. This pandemic can be felt on the public transportation sector since people are trying to avoid moving because of this infection. Hence they choose personal mobility with two-wheelers and this is the one of the preferred option. Besides this there are other factors also that will help to give rise to the market. Like the increased concerns among people along with the increased overweight population around the globe will also help to drive the growth of the market during the forecasted period.
Geographically, the Global Kick Scooter Market is divided into global regions like North America, Europe, Latin America, Asia Pacific, Middle East and Africa.
The primary key players in Global Kick Scooter Market include Unagi Scooter, Razor LLC, Xootr LLC, Fuzion Scooter, Segway Inc., Globber Scooters, Exooter Scooter, Decathlon Group, AGDA NSW, Maxi Kickboard, Aktivo Motors.
The Global Kick Scooter Market Has Been Segmented Into:
Global Kick Scooter Market, By Product Type
Global Kick Scooter Market, By Wheels Type
Global Kick Scooter Market, By Application Type
Global Kick Scooter Market, By End – User Type
Global Kick Scooter Market, By Geography
- North America (U.S. and Rest of North America)
- Europe (U.K., Germany, France, and Rest of Europe)
- Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
- Rest of World (Middle East & Africa (MEA), Latin America)
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