Toys Market – Global Outlook and Forecast 2018-2023 | Industry Analysis , Market Research Report | Arizton

Global Toys  Market Forecast and Growth CAGR 2023

Global Toys Market Forecast and Growth CAGR 2023

Global Toys Market Report 2023

Arizton Advisory and Intelligence

Global Toys Market Trends 2023

Global Toys Market Trends 2023

Global Toys Market Segments 2023

Global Toys Market Segments 2023

Global Toys Market Analysis and Forecast 2023

Global Toys Market Analysis and Forecast 2023

The global toys market is projected to reach revenues of more than $120 billion by 2023, growing at a CAGR of around 4% during 2017-2023.

LEGO and L.O.L. Surprise collectible dolls are some of the highest revenue generating products in the market.”

— Adil , Sr Analyst

CHICAGO, IL, UNITED STATES, October 8, 2018 /EINPresswire.com/ — Arizton's market research report on the global toys market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by category (infant and preschool toy, dolls, games & puzzles, construction, outdoor & sports, and others), by age group (0-3 years, 3-5 years, 5-12 years, and 12-18 years), by distribution channel (online and retail), and by geography (APAC, Europe, North America, Latin America, and MEA).

The growing dual-income households and improving the purchasing sentiments are two of the major factors propelling the growth of the global market. The development of economics in regions such as APAC, Latin America, and the Middle East and the African continent will create lucrative opportunities for leading players operating in the market. The global toys market is driven by growing demand for a replica of instruments such as a keyboard, guitar, and drums, art and craft toys, and stuffed toys. The increasing social media penetration, growing audience, and rising user engagement are major factors attributing to the growth of the global market. The market research report provides in-depth market analysis and segmental analysis of the global toys market by category, age group, distribution channel, and geography.
The report considers the present scenario of the global toys market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global toys market.

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Toys Market – Dynamics

The recent trend of parents to purchase and invest in educational toys for cognitive development in children is fueling the growth of the global toys market. Millennial parents listen to child psychologists and their popularizers in magazines who provide us with lists of time-tested products that aid in skill development of children. The increasing number of movies and television shows based on fictional characters will create a cult following among consumers and propel the demand for the products in the global market. For instance, Hasbro becomes a major player through the Transformers movie franchise, and Lego had two movie launches in 2017 including the Lego Batman and Lego Ninjago. The introduction of the box subscription services in this industry will revolutionize the global toys market over the next few years. The toy box subscription works by curating to the needs of the children and contain toys which are selected for the user. The proliferation of these business models will propel the development of the global toys market during the forecast period.

Toys Market – Segmentation

This market research report includes a detailed segmentation of the market by category, age group, distribution channels, and geography. Games and puzzle segment dominated 1/6th of total market share in 2017, growing at a CAGR of around 9% during the forecast period. The extensive use of this board games and jigsaw puzzles to teach communication skills and language arts to kids as well as adults is fueling the growth of this segment in the global market.
5-12 years segment occupied around 1/4th of the market share in 2017, growing at a CAGR of around 5% during the forecast period. The toys designed for 5-12 years age group comprises of games and puzzles, construction toys or building blocks, some outdoor and sports toys, and other toys. The growing popularity of licensed toy properties, remote controlled toys including cars and musical toys is propelling the growth of this segment in the global market. Retail channels dominated more than half of the total market share in 2017, growing at a CAGR of more than 2% during the forecast period. The different playthings through department stores, small chain stores, free-standing toys stores, catalog stores, and other non-tracked retail outlets are driving the growth of this segment in the global market.

Market Segmentation by Category
• Infant and Preschool
• Dolls
• Games & Puzzles
• Construction
• Outdoor & Sports
• Others

Market Segmentation by Age Group
• 0-3 Years
• 3-5 Years
• 5-12 Years
• 12-18 Years

Market Segmentation by Distribution Channels
• Retail
o Specialty Stores
o Mass Market Players
o Other Stores
• Online

Toys Market – Geography

The global toy market by geography is divided into APAC, Europe, North America, Latin America, and MEA. APAC occupied more than 1/3rd of the total market share in 2017, growing at a CAGR of around 5% during the forecast period. The rapid urbanization and increase in spending capacity are major factors propelling the growth of the APAC region in the global market. The unprecedented popularity of branded, as well as private label toys, is fueling the growth of the Latin American region in the market. The steady increase in the per capita disposable income of people will contribute to the revenues in the region and the global toy market.

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Market Segmentation by Geography
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Russia
o Italy
o Spain
o The Netherlands
• APAC
o China
o India
o Japan
o South Korea
o Thailand
o Australia
• Latin America
o Brazil
o Mexico
• MEA
o UAE
o South Africa

Key Vendor Analysis

The global toys market is highly concentrated, and the top 3 players control the level of the competition. The leading manufacturers are leveraging advanced technologies to refine their unique value proposition and gain a larger global market share. Various international brands are partnering with local, regional players to expand their businesses in emerging nations across the world market. The leading companies are utilizing factors such as smartphone proliferation, nuclear households, and humongous amount of targeted media content to advertise their products and reach a wider consumer audience in the global market. Moreover, the inclusion of technological developments such as immersive experiences of virtual and augmented reality will have a positive impact on the global toys market.

The major vendors in the global toys market are:
• Lego Group
• Mattel
• Hasbro
• Bandai Namco

Other prominent vendors in the global toys market are Asmodee, Ravensburger, Funskool, Top Toy, K’NEX, Playmates Toys, Simba Toys, Spin Master, CMON, Disney, Fremont Die Consumer Products, Games Workshop, Goliath, Grey Fox, IELLO, Indie Boards and Cards, INI, International Playthings, Learning Resources, Loony Labs, Ludo Fact, Melissa & Doug, Orchard Toys, Panda GM, Paul Lamond Games, Pegasus Spiele, Piatnik, Pressman Toy, Roosterfin, Reaper Miniatures, Rio Grande Games, Schmidt Spiele, Surprised Stare, SunOut, Talicor, The Haywire, The Regency Chess Company, ThinkFun, TREND Enterprises, Ultra PRO International, University Games, USAopoly, Winning Moves Games, WizKids, and Zobmondo.

Table of contents include

Toys Market Dynamics

8.1 Toys Market Growth Enablers

8.1.1 Desire among parents to provide educational playthings for cognitive development

8.1.2 Toyetic impact

8.1.3 Increased online presence of vendors

8.1.4 Increase in number of games and puzzle cafes globally

8.1.5 YOY Impact of Market Growth Enablers

8.1.6 YOY Impact of Market Growth Enablers on Regions

8.2 Toys Market Growth Restraints

8.2.1 Toy libraries gaining traction among consumers

8.2.2 Declining birth rates and aging population globally

8.2.3 Growing presence of counterfeit playthings and games

8.2.4 Raw material price volatility and rising labor costs

8.2.5 YOY Impact of Market Growth Restraints

8.2.6 YOY Impact of Market Growth Restraints on Regions

8.3 Toys Market Opportunities & Trends

8.3.1 Toy box subscription services impacting retail sales

8.3.2 Internet influencing choice and purchase of playthings

8.3.3 Increasing digitization of playthings and games

8.3.4 Increasing threats from online gaming platforms

8.3.5 YOY Impact of Market Opportunities & Trends

8.3.6 YOY Impact of Market Opportunities & Trends on Regions

9 Value Chain Analysis

9.1 Value Chain overview

9.2 Value Chain Analysis

9.2.1 Raw Material Suppliers

9.2.2 Manufacturers

9.2.3 Distributors/Retailers

9.2.4 Retailers

9.2.5 End-users

10 Global Toys Market

10.1 Toys Market Size & Forecast 2017–2023

10.1.1 Per child spending on toys

10.2 Porter’s Five Forces Analysis

10.2.1 Threat of New Entrants

10.2.2 Bargaining Power of Suppliers

10.2.3 Bargaining Power of Buyers

10.2.4 Threat of Substitutes

10.2.5 Competitive Rivalry

11 Toys Market By Category

11.1 Toys Market Overview

11.1.1 Global Toys Market by Categories

11.2 Outdoor and Sports

11.2.1 Market Size & Forecast

11.2.2 Market by Geography

11.3 Infant and Pre-School

11.3.1 Market Size & Forecast

11.3.2 Market by Geography

11.4 Construction

11.4.1 Market Size & Forecast

11.4.2 Market by Geography

11.5 Dolls

11.5.1 Market Size & Forecast

11.5.2 Market by Geography

11.6 Games and Puzzles

11.6.1 Market Size & Forecast

11.6.2 Market by Geography

12 Toys Market By Age Group

12.1 Market Overview

12.1.1 Global Toys Market by Age Group

12.2 0−3 Years

12.2.1 Market Size & Forecast

12.2.2 Market by Geography

12.3 3−5 Years

12.3.1 Market Size & Forecast

12.3.2 Market by Geography

12.4 5−12 Years

12.4.1 Market Size & Forecast

12.4.2 Market by Geography

12.5 12−18 Years

12.5.1 Market Size & Forecast

12.5.2 Market by Geography

13 Toys Market By Distribution Channel

13.1 Market Overview

13.2 Manufacture, Production, And Distribution

13.3 Distribution Through Retail Stores

13.4 Distribution Through Online Websites

14 Geographical Segmentation

14.1 Toys Market Overview

15 APAC

15.1 Market Size and Forecast

15.2 Segmentation by Category

15.2.1 Market Size and Forecast

15.3 Segmentation by Age Group

15.3.1 Market Size and Forecast

15.4 Key Countries

15.4.1 China: Market Size and Forecast

15.4.2 Japan: Market Size and Forecast

15.4.3 South Korea: Market Size and Forecast

15.4.4 Thailand: Market Size and Forecast

15.4.5 India: Market Size and Forecast

15.4.6 Australia: Market Size and Forecast

16 North America

16.1 Market Size and Forecast

16.2 Segmentation by Category

16.2.1 Market Size and Forecast

16.3 Segmentation by Age Group

16.3.1 Market Size and Forecast

16.4 Key Countries

16.4.1 US: Market Size and Forecast

16.4.2 Canada: Market Size and Forecast

17 Europe

17.1 Market Size and Forecast

17.2 Segmentation by Category

17.2.1 Market Size and Forecast

17.3 Segmentation by Age-Group

17.3.1 Market Size and Forecast

17.4 Key Countries

17.4.1 UK: Market Size and Forecast

17.4.2 France: Market Size and Forecast

17.4.3 Germany: Market Size and Forecast

17.4.4 Russia: Market Size and Forecast

17.4.5 Italy: Market Size and Forecast

17.4.6 Spain: Market Size and Forecast

17.4.7 The Netherlands: Market Size and Forecast

18 Latin America

18.1 Market Size and Forecast

18.2 Segmentation by Category

18.2.1 Market Size and Forecast

18.3 Segmentation by Age Group

18.3.1 Market Size and Forecast

18.4 Key Countries

18.4.1 Brazil: Market Size and Forecast

18.4.2 Mexico: Market Size and Forecast

19 Middle-East & Africa

19.1 Market Size and Forecast

19.2 Segmentation by Category

19.2.1 Market Size and Forecast

19.3 Segmentation by Age Group

19.3.1 Market Size and Forecast

19.4 Key Countries

19.4.1 UAE: Market Size and Forecast

19.4.2 South Africa: Market Size and Forecast

20 Competitive Landscape

20.1 Competition Overview

21 Key Company Profiles

21.1 Lego Group

21.1.1 Business Overview

21.1.2 Lego in Global Toys Market

21.1.3 Major Product Offerings

21.1.4 Key Strategies

21.1.5 Key Strengths

21.1.6 Key Opportunities

21.2 Mattel

21.2.1 Business Overview

21.2.2 Mattel in Global Toys Market

21.2.3 Major Product Offerings

21.2.4 Key Strategies

21.2.5 Key Strengths

21.2.6 Key Opportunities

21.3 Hasbro

21.3.1 Business Overview

21.3.2 Hasbro in Global Toys Market

21.3.3 Major Product Offerings

21.3.4 Key Strategies

21.3.5 Key Strengths

21.3.6 Key Opportunities

21.4 Bandai Namco

21.4.1 Business Overview

21.4.2 Bandai Namco in Global Toys Market

21.4.3 Major Product Offerings

21.4.4 Key Strategies

21.4.5 Key Strengths

21.4.6 Key Opportunities

22 Other Prominent Vendors

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Jessica Shirley
Arizton Advisory and Inteligence
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Source: EIN Presswire