openPR Logo
Press release

Toys And Games Market Is Projected To Grow At A CAGR Of 7.7% From 2023 To 2032 | Dream International , VTech Holdings, The LEGO Group, Sanrio Company

12-22-2023 08:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

The global toys and games market size was estimated at USD 308.21 billion in 2022 and is projected to grow at a CAGR of 7.7% from 2023 to 2032.

Download Free Sample of Report - https://www.globalinsightservices.com/request-sample/GIS21137/?utm_id=1024

Toys and games are items that are used in play by children. They are often used to teach children about certain concepts or skills. Toys and games can be used to promote physical, cognitive, and social development in children. Some examples of toys include balls, dolls, and puzzles. Some examples of games include tag, hide-and-seek, and hopscotch.

Key Trends

Some key trends in Toys And Games technology are:

-The use of Augmented Reality (AR) in toys and games. This allows for a more immersive experience for the user, as they can see virtual objects in the real world.

-The use of 3D printing in toys and games. This allows for more customization and personalization of toys and games.

Report Overview- https://www.globalinsightservices.com/reports/toys-and-games-market

-The use of motion-sensing technology in toys and games. This allows for a more interactive experience for the user, as they can control the game or toy with their body movements.

Key Drivers

There are various key drivers of the Toys And Games market. Some of the most important drivers are mentioned below:

Increasing demand from children: The most important driver of the Toys And Games market is the increasing demand from children. With the increasing popularity of electronic devices and gadgets amongst children, the demand for toys and games has increased significantly.

Increasing disposable incomes: Another important driver of the Toys And Games market is the increasing disposable incomes of people. With the increasing disposable incomes, people are able to spend more on leisure activities and products such as toys and games.

Increasing demand from developing countries: The Toys And Games market is also being driven by the increasing demand from developing countries. With the economic development of these countries, the purchasing power of people has increased, which has led to the increased demand for toys and games.

Technological advancements: The Toys And Games market is also being driven by the technological advancements. With the advancement of technology, new and innovative products are being introduced in the market, which are attracting the children.

Get a customized scope to match your need, ask an expert - https://www.globalinsightservices.com/request-customization/GIS21137/?utm_id=1024

Restraints & Challenges

There are several key restraints and challenges in the Toys And Games market.

Firstly, the market is highly competitive and there are a large number of players vying for market share. This makes it difficult for new players to enter the market and compete effectively.

Secondly, the market is seasonal in nature and is typically driven by holiday spending. This can make it difficult to maintain consistent sales throughout the year.

Finally, the toys and games market is subject to fads and trends which can make it difficult to forecast future sales.

Market Segments

The toys and games market report is bifurcated on the basis of product, age, distribution channel, and region. Based on product, it is analyzed across electronic games, dolls, games & puzzles, and others. By age it is categorized into up to 8 years, 9 - 15 years, and 15 years & above. By distribution channel, it is divided into dedicated stores, gift shops, online channel, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS21137/?utm_id=1024

Key Players

The toys and games market report includes players such as Dream International Ltd., VTech Holdings Ltd., The LEGO Group, Sanrio Company, Ltd., Playmates Toys Ltd., JAKKS Pacific, Inc., Mattel, Hasbro, Konami Holdings Corp., Bandai Namco Holdings Inc.

 With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Toys And Games Market Is Projected To Grow At A CAGR Of 7.7% From 2023 To 2032 | Dream International , VTech Holdings, The LEGO Group, Sanrio Company here

News-ID: 3336032 • Views:

More Releases from Global Insight Services

Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing at 17.5% CAGR | Overall Study Report
Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing …
The Immuno Oncology Drugs Market is rapidly emerging as a transformative segment in the global healthcare industry. These drugs harness the body's immune system to identify and attack cancer cells, offering innovative treatment alternatives to traditional chemotherapy and radiation therapies. Immuno-oncology therapies include monoclonal antibodies, checkpoint inhibitors, cancer vaccines, and cell-based therapies such as CAR-T cells. The growth of this market is primarily driven by advancements in biotechnology, an improved
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Overall Study Report
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Ove …
The GLP 1 Market is experiencing unprecedented growth, fueled by the rising prevalence of type 2 diabetes and obesity globally. GLP-1, or glucagon-like peptide-1 receptor agonists, represents a groundbreaking therapeutic class that improves insulin secretion, reduces glucagon production, and slows gastric emptying. These mechanisms not only enhance glycemic control but also support weight management, making GLP-1 therapies a preferred choice among healthcare providers and patients alike. Over the years, the
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAGR | Key Players: EasyMile, Navya, Aurrigo
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAG …
Market Overview Autonomous Bus Market is revolutionizing the future of urban mobility through advanced automation technologies. Valued at $2.1 billion in 2024, the market is projected to reach $11.6 billion by 2034, expanding at a strong CAGR of 18.8%. This market focuses on the development and deployment of self-driving buses equipped with cutting-edge sensors, artificial intelligence, and vehicle-to-everything (V2X) communication systems. These buses are designed to improve road safety, enhance passenger
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | Key Players: Apollo Tyres, Nokian Tyres, Hankook Tire
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | …
Market Overview Automotive Tire Market is experiencing remarkable growth as the industry embraces innovation, sustainability, and digital transformation. Valued at $406 billion in 2024, the market is projected to soar to $976.7 billion by 2034, reflecting a CAGR of 9.2%. This expansion is primarily driven by the surge in global vehicle production, growing consumer preference for durable and high-performance tires, and the increasing adoption of smart tire technologies. The Automotive Tire

All 5 Releases


More Releases for Toys

Miniature Construction Site Market Is Booming Worldwide | Major Giants Caterpill …
HTF MI recently introduced Global Miniature Construction Site Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Major companies in Miniature Construction Site Market are: LEGO, Playmobil, Bruder, Tonka, Hasbro, Mattel, Meccano, K'NEX, Revell, Walthers, Atlas Model, Bachmann,
Bubble Drone Market to See Booming Growth | Zhenlong toys, WL toys, JiaYuan toys …
Bubble Drone Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Bubble Drone Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next few years. Global leading players are
Sustainable Toys Market In-detail Analysis till 2028 & COVID-19 Effect on Indust …
A worldwide Sustainable Toys Market research report offers marketing and business managers a platform to obtain critical information about their consumers so that existing customers can be retained and new ones can get onboard. Be it about looking for new product trends or competitive analysis of an existing or emerging market, an excellent market document has the best market research offerings and the required critical information. With this business report,
Bubble Drone Market Is Booming Worldwide | WL toys, MJX, SYMA toys, UdiR/C, JiaY …
This report discusses many vital industry facets that influence Global Bubble Drone industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts
Educational Toys & Learning Toys Market is Booming Worldwide with Goldlok Toys, …
The latest research on “Global Educational Toys & Learning Toys Report 2021” offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Market”. Get Free Sample PDF including full TOC, Tables and Figures and Available customizations) in Global Educational Toys
Electronic Toys Market Swot Analysis by key players HW Toys, Auldey Toys, Bandai …
Latest Market intelligence report released by HTF MI with title "Global Electronic Toys Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Electronic Toys Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is