China Toys Market 2023 | Size Worth US$ 34.9 Billion by 2028 | Growth Rate (CAGR) of 10.6% - IMARC Group

The latest report by IMARC Group, titled "𝐂𝐡𝐢𝐧𝐚 𝐓𝐨𝐲𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖," offers a comprehensive analysis of the industry, which comprises insights on the China toys market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The China toys market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.6% during 2023-2028.

Toys refer to playthings that are generally designed for toddlers and young children. They are manufactured from cloth, paper, clay, plastic, etc. Toys are commonly available in various colors and sizes. They aid in facilitating the overall development of children while providing a boost to their imagination and creativity. In line with this, toys also assist in enhancing their motor skills and problem-solving capabilities. As such, some of the traditional and modern variants in the market include action figurines, puzzles, board games, mechanical cars, etc.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/china-toys-market/requestsample

China Toys Market Trends:

The inflating per capita income levels and improving standards of living are primarily driving the China toys market. Additionally, the availability of cheap labor and the rising number of established production factories in the country are further propelling the market growth. Besides this, the widespread adoption of aggressive promotional activities by the leading manufacturers and the shifting preferences among toddlers from traditional toys towards innovative plush and electronic variants are acting as significant growth-inducing factors. Moreover, the escalating demand for science, technology, engineering and mathematics (STEM)-based toys, such as puzzles, Rubik's cubes, wordplay, etc., among students is catalyzing the market growth. Apart from this, the growing popularity of e-commerce platforms, which offer numerous objects at competitive prices while providing flexible payment and exchange options, is anticipated to fuel the China toys market over the forecasted period.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/china-toys-market

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

• Mattel, Inc.
• LEGO System A/S
• Hasbro, Inc.
• VTech Holdings Limited
• Hape International AG.
• Silverlit Toys Manufactory Limited
• Sieper GmbH
• Micro Mobility Systems AG
• Ravensburger Ltd.
• Shantou City Big Tree Toys Co., Ltd.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Breakup by Product Type:

• Plush Toys
• Electronic/remote Control Toys
• Games and Puzzles
• Construction and Building Toys
• Dolls
• Ride-ons
• Sports and Outdoor Play Toys
• Infant/pre-school Toys
• Activity Toys
• Others

Breakup by End User:

• Unisex
• Boy
• Girls

Breakup by Distribution Channel:

• Specialty Toy Chain Stores
• Supermarkets And Hypermarkets
• Departmental Stores
• Online Stores
• Others

Breakup by Province:

• Guangdong
• Jiangsu
• Shandong
• Zhejiang
• Henan
• Others

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

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