Global Ride on Toys
Market Report
2025
The Global ride-on toys market size is USD 142.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.80% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Ride on Toys Market Report 2024.
According to Cognitive Market Research, The Global ride-on toys market size is USD 142.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.80% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Ride on Toys Market Sales Revenue 2023 | $ 142.5 Billion |
Global Ride on Toys Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.8% |
North America Ride on Toys Market Sales Revenue 2023 | $ 54.15 Billion |
Europe Ride on Toys Market Sales Revenue 2023 | $ 42.75 Billion |
Asia Pacific Ride on Toys Market Sales Revenue 2023 | $ 32.775 Billion |
South America Ride on Toys Market Sales Revenue 2023 | $ 7.125 Billion |
Middle East and Africa Ride on Toys Market Sales Revenue 2023 | $ 5.7 Billion |
Market Split by Product Type |
|
Market Split by Application |
|
Market Split by Distribution Channel |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Ride on Toys industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Ride on Toys Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The ride-on toys market is flourishing due to a growing emphasis on children's physical activity, safety, and innovation. Parents seek safe and technology-enhanced options, with branding and licensing deals also driving demand. Demographic shifts, disposable income, and online retail have a significant impact. Environmental concerns are pushing for more sustainable options. Effective marketing, competition, and evolving consumer preferences are vital in the industry's growth and evolution.
Ride-on toys, like miniature cars and scooters, are children's play vehicles designed for manual or motorized movement. In recent years, technological advancements have transformed these toys. Battery-powered ride-ons now feature realistic sound effects, lights, and even remote controls for parents. Additionally, smartphone app connectivity allows for interactive play. These innovations enhance the overall experience, making ride-on toys not only fun but also educational, promoting hand-eye coordination and motor skills while ensuring safe and engaging playtime for kids.
For instance, in July 2021, McLaren introduced the GT ride-on toy model, its fourth car in the range of children's toys. It is modeled on the company's light and fast-accelerating McLaren GT supercar. Other ride-on models in the range include McLaren P1, McLaren 720$, and McLaren Senna ride-on cars.
There has been a notable surge in demand for ride-on toys among paralyzed children. These toys provide an inclusive and empowering experience, fostering mobility, independence, and social interaction. With adaptive features and specialized models, ride-on toys enable children with disabilities to enjoy active playtime, promoting physical and emotional well-being while ensuring a more inclusive play environment.
For instance, in March 2020, Lexus, the automaker, partnered with the Cerebral Palsy Foundation (CPF) to create a unique ride-on car for a young cerebral palsy (CP) patient. Ride-on is a toy category aimed at girls and boys that includes cars, trucks, and other vehicles.
Ride-on toys, like miniature cars and scooters, are child-friendly vehicles designed for play. They encourage physical activity and outdoor fun, appealing to parents seeking safe, entertaining options for their children. However, their market growth can be hindered by high costs. Premium, motorized models can strain family budgets, limiting accessibility. Manufacturers should focus on affordability and sustainable materials to overcome this challenge and promote wider adoption of ride-on toys, ensuring they benefit more children.
Ride-on toys are children's play vehicles that kids can ride, enhancing physical activity and outdoor fun. These toys include cars, bikes, and more. The COVID-19 pandemic profoundly impacted the ride-on toy market. Lockdowns and social distancing measures led to increased demand for home entertainment, and ride-on toys became a popular choice for indoor and outdoor play. Parents sought safe and engaging options to keep children occupied during quarantine. This surge in demand encouraged manufacturers to innovate and adapt their products, focusing on safety and durability to meet changing consumer preferences.
We have various report editions of Ride on Toys Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major ride-on toys market participants emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.
Ride on Toys Industry News
Top Companies Market Share in Ride on Toys Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 38% of the global revenue, owing to the region's increasing emphasis on children's outdoor activity, safety features, and parental demand for interactive, technology-enhanced options. Factors such as licensing agreements with popular characters, economic conditions, and online retail growth further propel the market. The region's competitive landscape and the influence of established toy manufacturers also contribute to the dynamic growth of the ride-on toys industry in North America.
Europe is the fastest-growing category due to the region’s growing emphasis on child safety and physical activity. Parents seek ride-on toys that promote outdoor play and exercise, making them a preferred choice. Additionally, the integration of technology and licensing of popular characters enhances product appeal. The European ride-on toys market also reflects a trend towards more eco-friendly and sustainable ride-on toys, aligning with heightened environmental awareness.
The current report Scope analyzes Ride on Toys Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, North America held the major market share in 2023 and accounted for more than 38% of the global revenue due to parents' increasing emphasis on encouraging outdoor and active play for their children, advancements in safety features, the integration of technology into toys, and strong demand for licensed and branded products featuring popular characters. These trends have collectively driven the popularity and sales of ride-on toys in the North American market expansion. According to Cognitive Market Research, growing concerns about environmental impact and the desire for eco-friendly options also motivate the shift towards electric toys. Additionally, advancements in technology and safety features contribute to the increasing demand for electric ride-on toys in the region. In conclusion, In North America, the ride-on toys market continues to thrive, driven by a focus on safety, innovative technology, and a growing demand for active outdoor play among children.
According to Cognitive Market Research, the European ride-on toys market accounted for approximately 30% of the global revenue due to the region’s increasing emphasis on children's physical activity and outdoor play, prompting parents to invest in such toys. Safety and durability concerns are crucial, while innovative technologies and licensing agreements with popular characters enhance product appeal. The growth of e-commerce and environmental consciousness also influence the market's expansion, making ride-on toys a popular choice for European families. According to Cognitive Market Research, online shopping has played a significant role in this growth, offering convenience and a wide product selection for parents. The increasing focus on child development and outdoor activities has bolstered demand in this region. In conclusion, in Europe, the ride-on toy market thrives due to growing parental concerns for physical activity, safety, and innovation. It caters to children's needs and reflects evolving preferences in the toy industry.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 23% of the global revenue due to the region’s rapid urbanization and an expanding middle-class population have increased disposable income levels, making ride-on toys more accessible. Additionally, a strong cultural emphasis on education and child development encourages the adoption of toys that aid in physical coordination and motor skills. According to Cognitive Market Research, increased internet penetration and online retailing have made these toys more accessible to a wider audience. Rising disposable incomes, urbanization, and changing lifestyles also increase demand. Parents seek safe, engaging, and technologically enhanced ride-on toys for their children, driving manufacturers to offer a diverse range of options and innovative features through e-commerce platforms. In conclusion, in the Asia-Pacific region, the ride-on toys market is growing rapidly, driven by rising incomes, urbanization, and parental preferences for active play.
According to Cognitive Market Research, Latin America accounted for more than 5% of the global revenue in 2023 due to the region's rising awareness of the importance of physical activity for children's development, which has boosted demand. The presence of well-known global toy brands and the appeal of licensed characters also contribute to the market's growth. Latin America's large and youthful population presents a significant consumer base for ride-on toys. According to Cognitive Market Research, economic development in the region has increased disposable income, making such toys more accessible. Additionally, focusing on outdoor activities and physical exercise has driven demand for pedal ride-on, promoting children's active play. The appeal of durable, non-battery-operated toys that encourage motor skills development and social interaction contributes to the rising popularity of pedal ride-on toys in Latin America. In conclusion, in Latin America, the ride-on toys market thrives, driven by parental preferences, economic factors, and an increasing focus on outdoor activities.
According to Cognitive Market Research, the Middle East and Africa accounted for more than 4% of the global ride-on toys market revenue in 2023 due to the growing demand for ride-on toys driven by multiple factors. Increasing disposable income levels, urbanization, and a rising awareness of the importance of physical activity for child development have fueled this trend. Additionally, the influence of global popular culture, with licensed character-branded ride-on toys, has attracted children and parents alike. These factors, along with expanding retail channels and e-commerce, have contributed to the flourishing ride-on toy market in the MEA region. According to Cognitive Market Research, the offline retail presence of toy stores and markets in the region also plays a significant role in driving the demand for these toys. In conclusion, ride-on toys in the MEA region meet diverse childhood needs, from physical activity to inclusive play, driving entertainment and development drives market growth
Global Ride on Toys Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Ride on Toys Industry growth. Ride on Toys market has been segmented with the help of its Product Type, Application Distribution Channel, and others. Ride on Toys market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, electric ride-on toys held the major market share over the forecast period as they offer enhanced play experiences with their battery-powered mechanisms. Parents value their ability to promote outdoor activity, fostering children's physical health. Licensing and branding agreements with popular characters from the media contribute to their popularity. Moreover, incorporating technology and safety features in electric ride-on aligns with modern parenting preferences. This dynamic market is also influenced by online retail, environmental consciousness, and economic conditions, making it essential for businesses to adapt to changing consumer demands.
Rocker ride-on toys are the fastest-growing category over the forecast period due to growing parental emphasis on child fitness and safety. These toys, including rocker ride-on toys, provide an engaging blend of physical activity and imaginative play. Advances in technology, such as remote control options and licensed characters, appeal to modern consumers. With a focus on innovation, safety, and appealing features, the ride-on toy industry continues to captivate parents and children, driving market expansion.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ride on Toys Industry. Request a Free Sample PDF!
According to Cognitive Market Research, 1-2 years hold a prominent market share due to growing parental concerns for child development and safety. These toys encourage physical activity and motor skills development. Battery-powered options gain popularity for their ease of use, while eco-friendly and durable materials address sustainability and safety concerns. Strong branding and licensing partnerships with beloved characters enhance market appeal.
The 2-3 year is the fastest-growing category over the forecast period as these toys stimulate physical activity, motor skills, and imaginative play in toddlers. Parents increasingly focus on promoting healthy, active playtime, contributing to the market's growth. Safety features, durability, and product innovation play key roles in purchase decisions. As technology integrates with ride-on toys, such as interactive features and apps, this segment continues to evolve, meeting the needs of both children and parents.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, online holds a prominent market share due to its diverse appeal and parental desire for active play options. Safety features and tech integration make battery-powered and manual ride-on attractive. Online platforms facilitate easy access to a broad range of options, and e-commerce has enabled parents to compare products, read reviews, and make informed decisions. Licensing deals with popular characters and eco-friendly choices further drive the market's growth, and effective online marketing plays a pivotal role in attracting consumers to these engaging and innovative products.
The offline is the fastest-growing category over the forecast period as parents seek durable and safe options, while technology integration and licensing agreements with popular characters enhance product appeal. Economic conditions and regional demographic trends significantly impact demand, with an emphasis on environmentally friendly options growing. Offline retail outlets play a crucial role in promoting and selling these products, providing consumers with the opportunity to see and touch the products before purchase.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Ride on Toys Market is witnessing significant growth in the near future.
In 2023, the Push or Pull Ride-On Toys segment accounted for noticeable share of global Ride on Toys Market and is projected to experience significant growth in the near future.
The 6-12 Months segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Peg Pérego , Trunki and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Push or Pull Ride-On Toys, Pedal Ride-On Toys, Electric Ride-On Toys, Rocker Ride-On Toys |
Application | 6-12 Months, 1-2 Years, 2-3 Years |
Distribution Channel | Online, Offline |
List of Competitors | Peg Pérego, Mattel Inc, Trunki, Little Tikes, Kid Trax Toys , Dream International Ltd, Jakks Pacific Inc, Toy House Inc, Toyzone Impex Private Limited, Baby Moo, Others |
This chapter will help you gain GLOBAL Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review Global Ride on Toys Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review North America Ride on Toys Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review Europe Ride on Toys Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review Asia Pacific Ride on Toys Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review South America Ride on Toys Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Ride on Toys. Further deep in this chapter, you will be able to review Middle East and Africa Ride on Toys Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Ride on Toys. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Ride on Toys market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Push or Pull Ride-On Toys have a significant impact on Ride on Toys market? |
What are the key factors affecting the Push or Pull Ride-On Toys and Pedal Ride-On Toys of Ride on Toys Market? |
What is the CAGR/Growth Rate of 6-12 Months during the forecast period? |
By type, which segment accounted for largest share of the global Ride on Toys Market? |
Which region is expected to dominate the global Ride on Toys Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Ride on Toys Market
Request Sample