Toys Market Report Overview:
Toys Market was valued at USD 254.49 billion in 2023. The Global Toys Market size is estimated to grow at a CAGR of 21.7 % over the forecast period.
The Toys market analysis report not only estimates the market, but it also shows that this is a vibrant and changing industry. The study's proposals would give industry participants a practical instrument for making choices. Purchasing the complete Toys market research package makes sense if you want to succeed in the long run and maintain your competitive advantage. The market research report on Toys covers a thorough examination of a number of industry components, including as strategies, models, and well-known competitors worldwide.
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Toys Market Report Scope and Research Methodology
The Toys Market Report offers a comprehensive analysis of the global Toys industry, focusing on emerging trends, growth drivers, challenges, and opportunities within the sector. The scope of this report encompasses a diverse range of compact, lightweight transportation solutions, such as electric scooters, bikes, and skateboards, designed for short-distance urban travel.
Our research methodology employs a blend of primary and secondary research to ensure accuracy and reliability. Primary research involves direct engagement with key stakeholders, including Toys service providers, manufacturers, regulatory bodies, and end-users. Through interviews and surveys, we gather firsthand insights into market dynamics, user preferences, and regulatory landscapes influencing the Toys market.
Toys Market Regional Insights
Each regional Toys sector is thoroughly investigated to determine its current and future growth prospects. The Toys report covers the five regions and their country-wise distribution are:
North America - (U.S., Canada, and Mexico)
Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America - (Brazil, Argentina, Colombia, and Rest of South America)
Toys Market Segmentation:
In terms of product, the Dolls segment held a 30% market share in 2023. Businesses are releasing dolls featuring a variety of characters that relate to the storylines of recently released animated blockbusters. This should increase the revenue for that particular segment. For instance, in October 2020, The Walt Disney Company in the United States introduced 'Triple Force Friday,' a line of dolls based on the Star Wars movie. Additionally, they generate a sizable amount of income because they are offered in a range of forms and classifications, such as antique, modern, and vintage dolls. The segment's demand is likewise being driven by these advances.
Because parents are concerned about the fitness and health of their kids, the outdoor and sports category is predicted to expand at a compound annual growth rate (CAGR) of 8.97% through the anticipated time frame. In order to support their children's participation in a variety of outside activities, such as hiking, touring, camping, and other similar activities, this factor raises demand for outdoor base products such as play tents, pools, airplanes, and other similar items. Furthermore, segmental growth is anticipated to be fueled by the rising rate of consumer involvement in sports.
by Product
Dolls
Outdoor and Sports Toy
Building and Construction Set
Infant and Preschool Toy
Games and Puzzles
Others
by Age Group
0-3 Years
3-5 Years
5-12 Years
12-18 Years
18+ Years
by Distribution Channel
Offline
Online
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Toys Market Key players:
Lego System A/S (Denmark)
Hasbro Inc. (U.S.)
Mattel Inc. (U.S.)
Ravensburger Holding GmbH & Co. KG(Germany)
Spin Master(Canada)
MGA Entertainment Inc. (U.S.)
PAI Partners(France)
Nintendo Co. Ltd. (Japan)
Radio Flyer (U.S.)
A.L. Lindsay & Company(Australia)
Artsana Group (Italy)
K’Nex Industries Inc. (U.S.)
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Key questions answered in the Toys Market report:
What is the growth potential of the Toys markets?
Which segment will grow at a steady pace?
What are the main challenges that the global Toys market could face in the future?
What are the leading companies in the world market of Toys?
What are the main trends that have a positive impact on the growth of the market?
What are the growth strategies envisaged by the players to maintain their grip on the global market for Toys?
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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