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(2022-2031) Doll, Toy And Game Global Market Report : Size, Share, Growth Rate, Business Module, Product Scope And Expansion
According to The Business Research Company's doll, toy, and game market report, market reached a value of nearly $102.5 billion in 2019, having increased at a compound annual growth rate (CAGR) of 7.1% since 2015. The market is expected to grow from $102.5 billion in 2019 to $128.0 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The slow forecast growth is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is also restrained due to uncertain demand due to impending global recession. The market is expected to reach $153.1 billion in 2025, and $235.5 billion in 2030.
The doll, toy and games market is expected to be driven by the increasing popularity of educational and scientific toys for children. Parents of growing children are increasingly investing in educational and scientific toys for their offspring's to that encourage children to experiment and gain new learning experiences. According to an online survey by Parents' Choice Foundation and the Michael Cohen Group (MCG) in 2018, around 70% of the respondents classify the toys that they purchased during the past year as educational or learning toys.iii This is expected to drive the market in the forecast period.
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The doll, toy, and game market is segmented -
• By Type: Electronic Toys, Non-Electronic Toys
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the doll, toy, and game market.
Major competitors in the doll, toy, and game market include The Lego Group, Mattel, Inc., Hasbro, Inc., Nintendo Co., Ltd., Spin Master Ltd.
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The doll, toy, and game market consists of sales of doll, toy, and game products and related services by entities (organizations, sole traders and partnerships) that produce doll, toy and game products. A doll is a small-scale figure of a human being used as a child's plaything.i A toy is an object used as a child's plaything. A game is an activity or a puzzle which usually involves skill, knowledge, or chance and enhances a child's cognitive abilities. Doll, toy, and game products include action figures, automobile toys, balls, rubber, checkers, checker boards, craft and hobby kits, dart and dart games, dishes, doll carriages, doll clothing (except wigs), embroidery kits, children's go carts, hobby horses, kites, marbles, model kits, model railroad, musical instruments used as toys, toy rifles, science kits, scooters, structural toy sets, stuffed toys, toy furniture, toy trains and equipment, tricycles, children's vehicles, video game machines for children including high-end game consoles (only hardware units), wagons, and walkers, among others.
The Table Of Content For The Doll, toy, and game Market Include:
1. Doll, Toy And Game Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…….
27. Doll, Toy And Game Market Opportunities And Strategies
28. Doll, Toy And Game Market, Conclusions And Recommendations
29. Appendix
The Business Research Company's "Global Doll, toy, and game Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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