21-September-2022

Toys And Games Market Analysis 2021-2025: North America to Dominate Market Growth

The toys and games market share is likely to post an incremental growth of USD 50.73 billion, accelerating at a CAGR of 6.70% during the forecast period. Factors such as increasing personal disposable income and the rising middle-class population will offer immense growth opportunities to market vendors. Technavio's research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. Unlock Free Sample Analysis Report

Toys And Games Market Analysis 2021-2025: North America to Dominate Market Growth

Toys And Games Market: Market Segments and Growth Forecasts

The toys and games market report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The toys and games market is segmented by Product (activity and ride-on toys, infant and pre-school toys, games and puzzles, plush toys, and others), Distribution Channel (offline distribution channel and online distribution channel), and Geography (North America, Europe, APAC, South America, and MEA).
  • Based on the market segmentation by product, the toys and games market size in the ride-on toys segment will be significant during the forecast period.
  • 31% of the market growth will originate from North America during the forecast period. The US, Mexico, and Canada are the key markets for toys and games in North America.
  • Factors such as increasing demand for premium toys, rising spending capacity of consumers, and the presence of several prominent vendors will drive the toys and games market growth in North America over the forecast period.
  • The toys and games market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the toys and games market size.

Toys And Games Market: Trends, Drivers, Challenges

  • Increasing personal disposable income and a rising middle-class population will be the significant factors in driving the growth of the toys and games market.
  • The rise in online sales will be instrumental in driving the market growth during the forecast period.
  • Seasonal demand and the short life of merchandise and collectibles is a hurdle that needs to be crossed on the path to success.

Toys And Games Market: Vendor Analysis

The market is fragmented. Atlas Games, Clementoni Spa, Franckh-Kosmos Verlags-GmbH and Co. KG, Hasbro Inc., LEGO System AS, Mattel Inc., Ravensburger AG, The Goliath Games LLC, TOMY Co. Ltd., and VTech Holdings Ltd. are some of the major toys and games market vendors.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 6.70%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 50.73 billion.
  3. What is a key factor driving this market?
    Increasing personal disposable income and the rising middle-class population will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    31% growth will originate from North America.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Atlas Games, Clementoni Spa, Franckh-Kosmos Verlags-GmbH and Co. KG, Hasbro Inc., LEGO System AS, Mattel Inc., Ravensburger AG, The Goliath Games LLC, TOMY Co. Ltd., and VTech Holdings Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (activity and ride-on toys, infant and pre-school toys, games and puzzles, plush toys, and others), Distribution Channel (offline distribution channel and online distribution channel), and Geography (North America, Europe, APAC, South America, and MEA).
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