Toy Market | Discover Top Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2022-2026
The toy market is expected to grow by $ 14.62 bn, accelerating at a CAGR of almost 2.64% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Toy Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The report segments the market by Distribution Channel (offline and online) and Geography (APAC, North America, Europe, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
- 39% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Toy Market size.
Toy Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- A significant factor in driving the growth of the Toy Market will be the presence of toy gifting culture.
- Emergence of eco-friendly toys is another factor that will be instrumental in driving market growth during the forecast period.
- One of the key challenges that market players need to contend with in order to achieve further success is the Growing popularity of digital games and e-games.
Toy Market: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- AOSHIMA BUNKA KYOZAI Co,.Ltd., Bandai Namco Holdings Inc., Dream International Ltd., Hasbro Inc., LEGO System AS, Mattel Inc., Moose Enterprise Pty. Ltd., Spin Master Corp., TOMY Co. Ltd., and Tru Kids Brand are some of the major market participants.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 2.64%.
- What is the incremental growth of the market?
The market is expected to grow by $ 14.62 bn through 2022-2026.
- What is a key factor driving this market?
Presence of toy gifting culture will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
39% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are AOSHIMA BUNKA KYOZAI Co,.Ltd., Bandai Namco Holdings Inc., Dream International Ltd., Hasbro Inc., LEGO System AS, Mattel Inc., Moose Enterprise Pty. Ltd., Spin Master Corp., TOMY Co. Ltd., and Tru Kids Brand
- What are the market segments covered in this report?
The market is segmented by Distribution Channel (offline and online) and Geography (APAC, North America, Europe, South America, and MEA)