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Toys Market

Global Toys Market Size, Share, Trends, Growth, Forecast: By Product: Action Figures, Building Sets, Dolls, Games and Puzzles, Sports and Outdoor Toys, Plush, Others; By Age Group: Up to 5 years, Between 5-10 Years, Above 10 Years; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Toys Market Size

The toys industry market reached a value of approximately USD 108. 29 billion in 2023. The market is projected to grow at a CAGR of 4.1% between 2024 and 2032, reaching a value of around USD 156.96 billion by 2032.

 

Global Toys Market Outlook

  • EU-Japan centre notes Japan's gaming industry, historically strong, ranks third in global gaming revenues as of April 2023.
  • INVEST India predicts that the Indian toy industry will experience double-digit growth between 2022 and 2028.
  • Social Services Department officials report Toy Libraries Australia helps 130,000 Australians with $28 million worth of toys, averaging $640 per family.

 

Toys Market

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Toys Market Growth

Toys, typically crafted from materials like wood, plastic, clay, or paper, serve as tools for children's play, often incorporating electronic elements. Engaging with toys aids in fostering logical thinking and spatial awareness, bolstering cognitive skills.

 

In regions like the Asia Pacific, Latin America, and the Middle East and Africa, robust economic growth presents promising prospects in the toys sector. Increasing environmental awareness among consumers, along with governmental regulations such as the Consumer Products Safety Improvement Act in the U.S., drives the demand for eco-friendly toys.

 

Toy Market Research

The toy market is propelled by factors like the influence of movies and TV shows, boosting demand for character-themed merchandise. Globally, revenue from movie-based toys surged by 19% in 2022. Additionally, the emergence of box subscription services is reshaping the market landscape.

 

These services customise toy selections based on children's preferences, exemplified by the debut of Little Bloomer. Their developmental toy boxes and accompanying apps cater to various stages of children's development, aiding parents in facilitating playtime.

 

INVEST India notes a significant 60% rise in India's toy exports from $203.46 Mn in 2018-19 to $325.72 Mn in 2022-23, per the Ministry of Commerce. Recent Free Trade Agreements, like with the UAE and the Middle East, grant Indian toy makers duty-free market entry, facilitated by deals like India-UAE CEPA and India-Australia ECTA.

 

Key Trends and Developments

Tech integration, sustainability, educational toys, and inclusivity and diversity are the major trends impacting the toys industry growth.

 

May 27, 2024

McFarlane Toys introduced a new DC Classic Darkseid Mega figurine, giving fans an exclusive preview. The design replicated Darkseid's iconic appearances in comics and other media.

 

May 16, 2024

Mattel's Fisher-Price launched a new line of wooden toys. Their extensive portfolio includes licensed items like a Darth Vader robot and football-themed Little People figures, now adding classic wooden toys.

 

April 23, 2024

deadmau5 introduced an "ultra-limited" line of plushie toys infused with blockchain technology. The 5,000 toys, available in six variants, were sold at his retro5pective shows and online store.

 

April 19, 2024

Steelbird Baby Toys enhanced child safety by launching baby helmets for cycling and skating, marking a strategic shift towards baby toys for Steelbird Hi-tech India's subsidiary.

 

Tech Integration

Toys are now integrating AR, VR, and AI to provide interactive and immersive experiences, including programmable robots, educational apps, and toys that connect with smartphones or tablets.

 

Sustainability

Increasing environmental awareness is driving demand for eco-friendly, sustainable toys made from recycled or biodegradable materials. Companies are reducing plastic usage and adopting sustainable manufacturing practices.

 

Educational Toys

Parents prioritise toys that educate and entertain, especially popular STEM toys aimed at developing children's skills in science, technology, engineering, and math.

 

Inclusivity and Diversity

Toy makers now prioritise inclusivity and diversity, creating toys reflecting diverse cultures, abilities, and backgrounds, including dolls with varied characteristics and ethnically diverse characters.

 

Global Toys Market Trends/Drivers

Toys fostering social interaction and teamwork thrive, especially for family and group activities. Board games, and cooperative sets, promote communication and teamwork.

 

In Europe, toys play a crucial role in child development, emphasising safety. The EU enforces stringent regulations to ensure toy safety, particularly regarding chemical usage, as outlined in the Toy Safety Directive.

 

Toys from popular franchises are significant. Licensing agreements drive sales of toys featuring beloved characters. Subscription toy services gain traction. Curating toys based on children's interests offers convenience for parents and enthusiasm for kids boosting the trends in toy industry.

 

Toys Market by Segments

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Global Toys Market Segments

“Toys Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Product

  • Action Figures
  • Building Sets
  • Dolls
  • Games and Puzzles
  • Sports and Outdoor Toys
  • Plush
  • Vehicle
  • Others

 

Market Breakup by Age Group

  • Up to 5 years
  • Between 5-10 Years
  • Above 10 Years

 

Market Breakup by Distribution Channel

  • Hypermarkets and Supermarkets
  • Toy Stores/Speciality Stores
  • Online Channel
  • Others

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

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Toys Market Share

Action figures, a segment driven by product innovation, contribute significantly to the expansion of the toy industry market growth by fostering imaginative play. They empower children to invent their narratives, fostering creativity and honing storytelling abilities.

Action figures enable children to assume the roles of beloved characters, nurturing empathy and self-assurance through imaginative play. Collectable editions incite excitement, while educational themes facilitate learning. Interacting with these toys refines motor skills, emotional intelligence, and social aptitude, offering multifaceted developmental advantages.

 

Building sets cultivates creativity, dexterity, and problem-solving skills, integrating STEM education while promoting perseverance and social engagement. Their enduring appeal and educational significance offer limitless avenues for amusement and learning.

 

Games and puzzles stimulate cognitive abilities by enhancing problem-solving, critical thinking, and memory retention. They provide educational enrichment, foster social connections, familial closeness, entertainment, and relaxation, adaptable to diverse settings and occasions.

 

In terms of distribution channels, supermarkets and hypermarkets constitute a significant proportion of toy market share as it allows customers to conveniently make purchasing decision

Hypermarkets and supermarkets offer a convenient shopping experience by providing a wide range of toys at competitive prices. Located in easily accessible areas, they cater to budget-conscious customers who prefer not to visit speciality stores.

 

Toy stores and speciality outlets offer personalized assistance in toy selection, unique products, and interactive displays, creating an engaging shopping atmosphere. Focusing solely on toys, they foster community involvement through various events and workshops.

 

Online shopping provides convenience, diverse options, and accessibility, enabling customers to buy toys from anywhere. Features like price comparisons, customer reviews, and personalised services enhance the online shopping experience, catering to gifting and accessibility requirements.

 

Figure: Online Toy Sales by US Retailers: 2020 (USD Million)

Toys Market

 

Leading Manufacturers in the Toys Market

The top players in toys market prioritise the creation of distinctive and captivating toy concepts, aiming to deliver unforgettable play experiences for children spanning various age groups.

 

Tomy Company Ltd., founded in 1924 and located in Tokyo, Japan, is a well-known toy manufacturer with a global reputation for its inventive and high-quality toys, covering various categories from early childhood playthings to action figures and collectables.

 

Simba Dickie Group, established in 1982 and situated in Fürth, Germany, is a prominent multinational toy enterprise recognized for its broad assortment of toys, including dolls, action figures, vehicles, and outdoor play items.

 

Moose Toys Ltd., founded in 1985 and based in Melbourne, Australia, is a highly acclaimed toy company lauded for its original and inventive methods in toy creation, emphasizing engagement and entertainment for children worldwide.

 

Spin Master Corporation, established in 1994 and headquartered in Toronto, Canada, is a dynamic and forward-thinking enterprise in the toy and entertainment sector, acknowledged for its extensive range of beloved brands and products, encompassing toys, games, television, and digital entertainment ventures.

 

Other global toys market key players are Hasbro, Inc., Mattel, Inc., Funko, Inc. and LEGO System A/S among others.

 

Global Toys Market Analysis by Region

The Asia Pacific region is set to maintain its leading position in the toy market in the foreseeable future. The Asia Toy & Play Association (ATPA) works closely with regional governments to ensure the development of safe, high-quality toys and organises key events like the Hong Kong Toys and Games Fair and Spielwarenmesse. Additionally, associations like the All India Toys and Baby Products Association (AITBA) and the Asian Committee of Toy Industries play crucial roles in bolstering the growth of the toy market in the Asia Pacific region.

 

According to the Health and Welfare Ministry of Japan, 758,631 infants were born in Japan in 2023 and India's annual birth rate of 25 million children, accounting for nearly twenty per cent of global yearly births, as reported by UNICEF, consequently, enhances the demand for the toys market.

 

In North America, the rising demand for toys promoting self-care and social interaction is driving market growth, especially fueling interest in educational toys in the United States. Popular toy brands such as Pokémon, Star Wars, Barbie, Marvel, Squishmallows, Fisher-Price, Hot Wheels, L.O.L. Surprise!, and LEGO Star Wars are among the top sellers in both the US and Canada.

 

Building and construction toys are widely popular across 17 European countries, including Slovenia (LEGO), the UK (Stickle Bricks), and Liechtenstein (LEGO). The increasing demand for environmentally friendly toys, coupled with consumers' strong purchasing power, significantly contributes to the expansion of the toy market in Europe.

 

In Australia in 2023, the Ministers from the Department of Social Services in Australia announced that the Albanese Labor Government had reaffirmed its commitment to Australian children and families. This was demonstrated by allocating an extra $700,000 in funding to Toy Libraries Australia. According to the Department of Social Services, Toy Libraries Australia caters to more than 130,000 Australians, with toys valued at $28 million, averaging $640 per family member.

 

Recent Developments and Challenges

Recent advancements in the toy market growth involve the integration of technology such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI), resulting in interactive gaming encounters. Sustainability is highlighted, emphasising the use of environmentally friendly materials and methods. Inclusivity and diversity are given precedence, as toys now represent a variety of cultures, abilities, and backgrounds to cater to changing consumer demands.

 

Toys market challenges arise from supply chain interruptions triggered by events such as the pandemic, trade conflicts, and logistical complications, resulting in manufacturing and distribution delays. Meeting strict safety regulations demands substantial investment, notably in regions like the EU and US. Moreover, traditional toy manufacturers face pressure to innovate and maintain consumer engagement amidst competition from digital entertainment.

 

Toys Industry Analysis

The global toy industry demonstrates consistent expansion propelled by increasing disposable income and the desire for novel toys. Regional trends differ, with North America and Europe spearheading developed markets, while the Asia Pacific region experiences swift advancement. Significant trends include integrating technology, emphasising sustainability, and promoting inclusivity further boosting the toys market future outlook.

 

Toy Industry Statistics

According to the ITC Trade Map, the largest global importer and exporter of toys in 2022, games, sports requisites, and their parts and accessories (HS Code 95) are:

IMPORTER USD Dollar THOUSAND EXPORTER USD DOLLAR THOUSAND
United States of America 55,201,125 China 103,325,605
Germany 10,304,729 United States of America 7,386,133
United Kingdom 8,071,213 Germany 6,367,235
Japan 7,837,333 Czech Republic

4,325,663

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Age Group
  • Distribution Channel
  • Region
Breakup by Product
  • Action Figures
  • Building Sets
  • Dolls
  • Games and Puzzles
  • Sports and Outdoor Toys
  • Plush
  • Vehicle
  • Others
Breakup by Age Group
  • Up to 5 years
  • Between 5-10 Years
  • Above 10 Years
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Toys Stores/Speciality
  • Online Channel
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Tomy Company Ltd.
  • Simba Dickie Group
  • Moose Toys Ltd
  • Spin Master Corporation
  • Hasbro, Inc.
  • Mattel, Inc.
  • Funko, Inc.
  • LEGO System A/S
  • Others

 

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Toys Market Report Snapshots

Toys Market Size

Toys Market Growth

Toys Market Trends

Toys Market Share

Toys Manufacturers

Toys Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Toys Market Overview

    8.1    Key Growth Drives
    8.2    Regulatory Framework 
    8.2    Popular Toys by Region 
8    Global Toys Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Toys Historical Market (2018-2023) 
    8.3    Global Toys Market Forecast (2024-2032)
    8.4    Global Toys Market by Product 
        8.4.1    Action Figures
            8.4.1.1    Historical Trend (2018-2023) 
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Building Sets
            8.4.2.1    Historical Trend (2018-2023) 
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Dolls
            8.4.3.1    Historical Trend (2018-2023) 
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Games and Puzzles
            8.4.4.1    Historical Trend (2018-2023) 
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Sports and Outdoor Toys
            8.4.5.1    Historical Trend (2018-2023) 
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Plush
            8.4.6.1    Historical Trend (2018-2023) 
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Vehicle
            8.4.7.1    Historical Trend (2018-2023) 
            8.4.7.2    Forecast Trend (2024-2032)
        8.4.8    Others
    8.5    Global Toys Market by Age Group
        8.5.1    Up to 5 years
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Between 5-10 Years
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Above 10 Years
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Toys Market by Distribution Channel
        8.6.1    Hypermarkets and Supermarkets
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Toy Stores/Speciality Stores
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Online Channel
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Toys Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Toys Market Analysis
    9.1    Market by Product 
    9.2    Market by Age Group
    9.3    Market by Distribution Channel
    9.4    Market by Country
        9.4.1    United States of America 
            9.4.1.1    Historical Trend (2018-2023) 
            9.4.1.2    Forecast Trend (2024-2032)
        9.4.2    Canada
            9.4.2.1    Historical Trend (2018-2023) 
            9.4.2.2    Forecast Trend (2024-2032)
10    Europe Toys Market Analysis
    10.1    Market by Product 
    10.2    Market by Age Group
    10.3    Market by Distribution Channel
    10.4    Market by Country
        10.4.1    United Kingdom
            10.4.1.1    Historical Trend (2018-2023) 
            10.4.1.2    Forecast Trend (2024-2032)
        10.4.2    Germany
            10.4.2.1    Historical Trend (2018-2023) 
            10.4.2.2    Forecast Trend (2024-2032)
        10.4.3    France
            10.4.3.1    Historical Trend (2018-2023) 
            10.4.3.2    Forecast Trend (2024-2032)
        10.4.4    Italy
            10.4.4.1    Historical Trend (2018-2023) 
            10.4.4.2    Forecast Trend (2024-2032)
        10.4.5    Others
11    Asia Pacific Toys Market Analysis
    11.1    Market by Product 
    11.2    Market by Age Group
    11.3    Market by Distribution Channel
    11.4    Market by Country
        11.4.1    China
            11.4.1.1    Historical Trend (2018-2023) 
            11.4.1.2    Forecast Trend (2024-2032)
        11.4.2    Japan
            11.4.2.1    Historical Trend (2018-2023) 
            11.4.2.2    Forecast Trend (2024-2032)
        11.4.3    India
            11.4.3.1    Historical Trend (2018-2023) 
            11.4.3.2    Forecast Trend (2024-2032)
        11.4.4    ASEAN
            11.4.4.1    Historical Trend (2018-2023) 
            11.4.4.2    Forecast Trend (2024-2032)
        11.4.5    South Korea
            11.4.5.1    Historical Trend (2018-2023) 
            11.4.5.2    Forecast Trend (2024-2032)
        11.4.6    Australia
            11.4.6.1    Historical Trend (2018-2023) 
            11.4.6.2    Forecast Trend (2024-2032)
        11.4.7    Others
12    Latin America Toys Market Analysis
    12.1    Market by Product 
    12.2    Market by Age Group
    12.3    Market by Distribution Channel
    12.4    Market by Country
        12.4.1    Brazil
            12.4.1.1    Historical Trend (2018-2023) 
            12.4.1.2    Forecast Trend (2024-2032)
        12.4.2    Argentina
            12.4.2.1    Historical Trend (2018-2023) 
            12.4.2.2    Forecast Trend (2024-2032)
        12.4.3    Mexico
            12.4.3.1    Historical Trend (2018-2023) 
            12.4.3.2    Forecast Trend (2024-2032)
        12.4.4    Others
13    Middle East and Africa Toys Market Analysis
    13.1    Market by Product 
    13.2    Market by Age Group
    13.3    Market by Distribution Channel
    13.4    Market by Country
        13.4.1    Saudi Arabia
            13.4.1.1    Historical Trend (2018-2023) 
            13.4.1.2    Forecast Trend (2024-2032)
        13.4.2    United Arab Emirates
            13.4.2.1    Historical Trend (2018-2023) 
            13.4.2.2    Forecast Trend (2024-2032)
        13.4.3    Nigeria
            13.4.3.1    Historical Trend (2018-2023) 
            13.4.3.2    Forecast Trend (2024-2032)
        13.4.4    South Africa
            13.4.4.1    Historical Trend (2018-2023) 
            13.4.4.2    Forecast Trend (2024-2032)
        13.4.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis (HS Code - 9503)
    15.1    Major Importing Countries
        15.1.1    By Volume
        15.1.2    By Value
    15.2    Major Exporting Countries
        15.2.1    By Volume
        15.2.2    By Value
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Tomy Company Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Simba Dickie Group
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Moose Toys Ltd
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Spin Master Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Hasbro, Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Mattel, Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Funko, Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    LEGO System A/S
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
         16.2.9    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Toys Market: Key Industry Highlights, 2018 and 2032
2.    Global Toys Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Toys Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Toys Historical Market: Breakup by Age Group (USD Million), 2018-2023
5.    Global Toys Market Forecast: Breakup by Age Group (USD Million), 2024-2032
6.    Global Toys Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7.    Global Toys Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8.    Global Toys Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Toys Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Toys Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Toys Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Toys Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Toys Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Toys Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Toys Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Toys Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Toys Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Toys Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Toys Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Major Importing Countries by Value
21.    Major Exporting Countries by Value
22.    Major Importing Countries by Volume
23.    Major Exporting Countries by Volume
24.    Global Toys Market Structure

Key Questions Answered in the Report

The market was valued at USD 108.29 billion in 2023.

The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.

The revenue generated from the toys market is expected to reach USD 156.96 billion in 2032.

Tech integration, sustainability, educational toys, and inclusivity and diversity are the major trends impacting the toys industry growth.

The market is categorised according to the product, which includes action figures, building sets, dolls, games and puzzles, sports, and outdoor toys, plush, vehicles and others.

The market key players are Tomy Company Ltd., Simba Dickie Group, Moose Toys Ltd., Spin Master Corporation, Hasbro, Inc., Mattel, Inc., Funko, Inc. and LEGO System A/S among others.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The Asia-Pacific region is the fastest-growing region in the global toys market, driven by rising demand encompassing toys, games, television, and digital entertainment ventures.

The top five companies in the toys market are Tomy Company Ltd., Simba Dickie Group, Moose Toys Ltd., Spin Master Corporation, and Hasbro, Inc.

Analyst Review

 

 

 

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