Global Toys Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Toys Market Outlook 2027: As per the latest report by IMARC Group, titled “ Toys Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global toys market size reached US$ 156.5 Billion in 2021. Toys are playthings designed specifically for toddlers and young children. They are available in various sizes and colors and are usually made from clay, cloth, paper, plastic, and wood. Toys enhance intelligence quotient (IQ), increase motor development, improve concentration and creativity, and develop personality and communication skills. They also aid in enhancing the problem-solving capabilities of children while improving their social, cognitive and physical skills. Presently, hi-tech electronic toys, puzzles, board games, action figurines and mechanical cars are gaining widespread popularity among children as they help boost creativity in children and stimulate their imagination. Request for a free sample: https://www.imarcgroup.com/toys-market/requestsample
Report Description and Highlights
Report Description Global Toys Market Trends:
The market is primarily driven by the rising concerns among parents about the social and emotional development of their children. Moreover, various playschools are incorporating science, technology, engineering, and mathematics (STEM) toys, such as boxes, blocks, musical instruments, and jigsaw puzzles, in their education system to encourage creativity and problem-solving skills in children. This, coupled with the emerging e-commerce industry, is driving the sales of innovative electronic and digital toys across the globe. Apart from this, the growing popularity of tech-savvy electronic toys that depict action figures, such as Batman, Superman, Ironman, and Captain America, is also contributing to the market growth. Furthermore, the increasing product availability through online retail portals and favorable government initiatives encouraging companies to design and introduce toys based on culture, ethos, and local folklore and heroes, are anticipated to propel the market growth.
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Action Figures • Building Sets • Dolls • Games and Puzzles • Sports and Outdoor Toys • Plush Breakup by Age Group: • Up to 5 Years • 5 to 10 Years • Above 10 Years Breakup by Sales Channel: • Supermarkets and Hypermarkets • Specialty Stores • Department Stores • Online Stores
Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Looking forward, IMARC Group expects the market to reach a value of US$ 249.6 Billion by 2027 exhibiting a CAGR of 7.50% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • Clementoni Spa • Funskool Ltd • Hasbro Inc • Lego A/S (Kirkbi A/S) • Mattel Inc • Playmobil (Brandstätter Group) • Pressman Toy Corporation (Goliath B.V.) • Simba Dickie Group • Spin Master • Talicor Inc • Thinkfun Inc. (Ravensburger North America Inc.) • Tomy Company Ltd View Report TOC, Figures and Tables: https://www.imarcgroup.com/toys-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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