The global ride-on toys market is anticipated to grow at a significant CAGR during the forecast period (2022-2028).It is a type of play equipment designed for children to ride on. It provides fun and entertainment while helping children develop physically, intellectually, emotionally, and socially coupled with this it supports children to develop social and sharing skills. In addition, ride on toys provide a wide variety of motor abilities such as balance, coordination, and endurance and it support the child in learning different types of skills such as perception, coordination, and motor development. These are some factors that propel the growth of the global ride-on toys market during the forecast period.
A full report of Global Ride-on Toys Market is available at:https://orionmarketreports.com/global-ride-on-toys-market/109051/
Some major players in the market include Kids Wheels, John Deere Group, and Pacific Cycle Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in September 2019, Kid Trax or Pacific Cycle Inc. announced the launch of their new lineup of ride-on toys such as the release of three new 6-volt Rideamals and one new 12-volt, this category is now available to even more children than before. The company also added that leading the charge is the Rideamals Josie Play & Ride Unicorn, a 12-volt ride-on toy that comes with real interactive play features with over 100 unique sounds and movements owing to its fully motorized eyes, ears, head, and wheels. Josie can trot (3.5 MPH), gallop (4 MPH), or go backward (3.5 MPH). Kids can sit in the saddle, hold the reins, pick their speed, and be on their way.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Type
- By Application
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Kids Wheels, John Deere Group, and Pacific Cycle Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ride-on Toys Market Report by Segment
By Product Type
- Car
- Dirt Bike
- Jeep
- Motorcycle
- Racers
- Scooter
- SUV
- Other
By Type
- Push or Pull Ride
- Pedal Ride
- Electric Ride
- Rocker Ride
By Application
- 12 Years and Up
- 14 Years and Up
- 16 Years and Up
- 18-36 Months
- 2-4 Years
- 3-5 Years
- 5-8 Years
- 8-12 Years
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