Global Kids Toys Market Latest Research Report provides an up-to-date analysis of the growth opportunities and trends in the market’s development up to 2030. With a focus on the Kids Toys market, this report offers a thorough examination of the factors driving market growth as well as the restraints influencing its progress. By employing both qualitative and quantitative methodologies, this report presents a comprehensive analysis of the market landscape. It equips companies with valuable insights and data to make informed decisions about their business strategies and identify potential areas for growth. Ask for Free Sample Report
Market Overview
The comprehensive analyses of the most recent trends, growth prospects, and market growth drivers are offered to readers of the global market research reports. The COVID-19 effects on the Kids Toys Market are also discussed in detail in the research, along with the market’s predicted compound annual growth rate (CAGR) from 2023 to 2030.
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Global Kids Toys Market is valued at approximately USD 65.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.0% over the forecast period 2022-2029.
Kids Toys include toys for the age group 10 or less. Kids’ toys are objects designed for children to play with, often for the purpose of entertainment, education, or development. Toys can be made of a variety of materials such as plastic, wood, metal, and fabric, and can vary from simple or easy to use toys to complex electronic toys which have advanced features. The rising Kid population, increasing spending on toys, increasing Product innovation, growing demand from children and the young population, and emerging games and game zones in public places are the factors driving the growth of the market.
According to the research department, in 2019, the global toy market was estimated at around 90 billion US dollars. In the same year average spending on toys per child in North America was around 300 US dollars and in Europe, it was estimated at around 212 US dollars. Additionally, according to UNICEF Organization, Currently, there are around 656 million children under the age of 5 around the world. The rising kid population and increasing spending on toys are the major factors driving the growth of the market. Other important components driving market increase are increasing Product innovation, growing demand from children and the young population, and emerging games and game zones in public places. Furthermore, rising innovation and production of environment-friendly products, and favourable policies are the factors creating major market opportunities in the forecast period. However, Tariff duties to restrict market expansion stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Kids Toys Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the high demand for toys due to large populations in the regions such as India and China, and the region’s increasing disposable income. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as a rising kid population, increasing expenditure on entertainment, and increasing demand for kid toys in the region.
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Major market players included in this report are:
Atlas Games
Clementoni S.p.A.
Giochi Preziosi SpA
Goliath Games, LLC
GuangDong Hayidai toys Co.,Ltd.
Hasbro, Inc.
Mattel, Inc.
Reliance Industries Limited
Bella Luna Toys
Simba Dickie Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product Type offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By End User:
Unisex Toys
Toys for Boys
Toys for Girls
By Product Type:
Building Toys
Figurine Toys
Sports and Outdoor Toys
Others
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By Distribution Channel:
Hypermarket/Supermarket
Specialty Stores
Departmental Stores
Online Channels
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Kids Toys market, including:
- What can be expected for the Kids Toys market in the next decade?
- What are the primary drivers of growth in the global Kids Toys market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Kids Toys market vary based on the size of the end market?
- What is the breakdown of Kids Toys by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Kids Toys market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Kids Toys Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Kids Toys Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Kids Toys Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Kids Toys Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Kids Toys Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Kids Toys Market.
Our Kids Toys Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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