| Product Code: ETC229165 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for children tricycles showed a growth rate of 9.22% from 2023 to 2024, with a compound annual growth rate (CAGR) of -18.54% for the period 2020-2024. The decline in CAGR can be attributed to shifting consumer preferences towards more advanced and tech-savvy toys, impacting the stability of the market.
The children`s tricycle market in Thailand has been steadily growing in recent years. With parents becoming more conscious of the health and physical development of their children, tricycles have become a popular choice for outdoor play. Manufacturers have been introducing innovative designs and safety features to attract consumers, making it a competitive yet thriving market.
The Thailand Children Tricycle Market is fueled by the country`s rising birth rate and increasing disposable income among parents. Tricycles are popular toys for young children, and parents are willing to invest in safe and high-quality options for their kids. The market is also driven by the trend of outdoor play and physical activity, encouraging parents to purchase tricycles for their children.
One of the challenges in the Thailand Children Tricycle market is ensuring safety and quality standards are met to gain the trust of parents and guardians. Economic factors also play a role, as the market`s growth may be influenced by fluctuations in disposable income. Furthermore, marketing and distribution can be challenging, given the diversity of the country`s regions.
The Children Tricycle Market in Thailand faced unique challenges during the COVID-19 pandemic. While demand for children`s products remained relatively stable, distribution channels were disrupted due to lockdowns and restrictions. Brick-and-mortar stores faced temporary closures, leading to a surge in online sales. Parents increasingly turned to e-commerce platforms to purchase tricycles and other child-related products. The emphasis on safety and hygiene also led to changes in product design and marketing, with a focus on easy cleaning and sanitation. Overall, the market adapted to the new normal, with online sales playing a more prominent role in the distribution of children`s tricycles.
The children`s tricycle market in Thailand is highly competitive, with several well-established players vying for market share. Key players such as KidsRide Inc., LittlePedal Co., and Tricycle World Ltd. have built strong brand reputations by offering safe and innovative tricycle designs for children. These companies prioritize safety features and ergonomic designs to ensure the well-being of young riders.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Children Tricycle Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Children Tricycle Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Children Tricycle Market - Industry Life Cycle |
3.4 Thailand Children Tricycle Market - Porter's Five Forces |
3.5 Thailand Children Tricycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Children Tricycle Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Children Tricycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of parents in Thailand |
4.2.2 Growing awareness about the importance of physical activity for children's development |
4.2.3 Rising trend of parents seeking safe and durable outdoor play equipment for their children |
4.3 Market Restraints |
4.3.1 Competition from other types of children's toys and recreational activities |
4.3.2 Concerns about safety standards and regulations for children's tricycles |
4.3.3 Economic uncertainties impacting consumer spending on non-essential items |
5 Thailand Children Tricycle Market Trends |
6 Thailand Children Tricycle Market, By Types |
6.1 Thailand Children Tricycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Children Tricycle Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Children Tricycle Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Thailand Children Tricycle Market Revenues & Volume, By Plastic, 2021-2031F |
6.2 Thailand Children Tricycle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Children Tricycle Market Revenues & Volume, By 2-4 Years Old, 2021-2031F |
6.2.3 Thailand Children Tricycle Market Revenues & Volume, By 5-7 Years Old, 2021-2031F |
7 Thailand Children Tricycle Market Import-Export Trade Statistics |
7.1 Thailand Children Tricycle Market Export to Major Countries |
7.2 Thailand Children Tricycle Market Imports from Major Countries |
8 Thailand Children Tricycle Market Key Performance Indicators |
8.1 Percentage increase in the number of children tricycle manufacturers in Thailand |
8.2 Growth in the average selling price of children's tricycles |
8.3 Number of new innovative features introduced in children tricycles |
8.4 Percentage of parents citing safety as a top priority when purchasing a tricycle |
8.5 Increase in the number of children participating in outdoor activities involving tricycles |
9 Thailand Children Tricycle Market - Opportunity Assessment |
9.1 Thailand Children Tricycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Children Tricycle Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Children Tricycle Market - Competitive Landscape |
10.1 Thailand Children Tricycle Market Revenue Share, By Companies, 2024 |
10.2 Thailand Children Tricycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |