Fabric Toys Market is Expected to Rise $14.29 billion by 2030, Growing At a CAGR of 3.3% From 2021 to 2030

According to the report published by Allied Market Research, the global fabric toys market generated $10.41 billion in 2020, and is expected to reach $14.29 billion by 2030, manifesting a CAGR of 3.3% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

Get Report Sample (Flash Sale Till 31st Jan 2024)
https://www.alliedmarketresearch.com/request-sample/14478

Rise in demand for games in bars and cafes and increase in interest of children and the young population in fabric toys drive the growth of the global fabric toys market. Based on region, North America contributed to the highest share in 2020, holding nearly one-third of the total share, and is expected to maintain dominance throughout the forecast period.

Rise in demand for games in bars and cafes and increase in interest of children and the young population in fabric toys drive the growth of the global fabric toys market. On the other hand, tariff duties to limit market extension, rise in digitalization, and penetration of smartphones hamper the market. On the contrary, a decline in carbon footprint and advent of environment-friendly projects coupled with untapped opportunities in developing countries and fast-paced growth of the retail sector are expected to create more opportunities for the market players

COVID-19 scenario:
The outbreak of the pandemic has positively impacted the global fabric toys market. Several sectors from the toys industry witnessed significant growth during the lockdown.
Children were confined to their homes during the COVID-19 pandemic, which increased the sales of fabric toys to keep children engaged.
However, lack of workforce and supply chain interruptions hindered the production and delivery network in the market.

The report segments the global fabric toys market on the basis of type, product type, distribution channel, age group, and region.

LIMITED-TIME OFFER ( Till 31st Jan 2024 ) - Buy Now & Get Exclusive 15 % Discount on this Report @checkout link :-
https://www.alliedmarketresearch.com/checkout-final/41ba303553855a6801af832277370882

Based on product type, the character soft toys segment accounted for the largest market share in 2020, contributing to more than one-third of the total share. On the other hand, the dolls segment is estimated to witness the fastest CAGR of 4.3% from 2021 to 2030.

Based on age group, the up to 5 years segment contributed to the highest market share in 2020, contributing to more than two-fifths of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the above 10 years segment is expected to manifest a CAGR of 4.3% from 2021 to 2030.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/purchase-enquiry/14478

Based on region, North America contributed to the highest share in 2020, holding nearly one-third of the total share, and is expected to maintain dominance throughout the forecast period. The Asia-Pacific region is expected to portray the fastest CAGR of 4.0% from 2021-2030.

Key players of the global fabric toys market analyzed in the research include Safari Ltd., Mattel, HASBRO, Inc., Lego System A/S, Build-A-Bear Workshop, Inc., Sanrio Co., Ltd, Goliath Games, RAVENSBURGER AG, CLEMENTONI, and Tomy company, ltd.

Request For Customization at: -
https://www.alliedmarketresearch.com/request-for-customization/17324

Similar Reports
South Asia Kids Toys Market
https://www.alliedmarketresearch.com/south-asia-kids-toys-market-A14289
Learning and Educational Toys Market
https://www.alliedmarketresearch.com/learning-and-educational-toys-market-A14239
Red Rice Market
https://www.alliedmarketresearch.com/red-rice-market-A14165

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com">https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

This release was published on openPR.