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Exploring Growth: Baby Toys Market Set to Soar at 4.00% CAGR, Reaching USD 21.6 Billion by 2032

03-26-2024 01:29 PM CET | Consumer Goods & Retail

Press release from: Market Research Future (MRFR)

Baby Toys Market

Baby Toys Market

๐๐š๐›๐ฒ ๐“๐จ๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
In 2022, the baby toy market was estimated to be worth USD 15.2 billion. The Baby Toys market industry is expected to develop at a compound annual growth rate (CAGR) of 4.00% between 2023 and 2032, from an estimated USD 15.8 billion in 2023 to USD 21.6 billion by 2032. The main factors propelling the market expansion are the growing demand for skill-developmental baby toys, rising per capita disposable income in developing nations, and expanding internet penetration.

๐†๐ž๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐…๐ข๐ฅ๐ž @ https://www.marketresearchfuture.com/sample_request/1559

A baby toy is an item of entertainment used primarily by children that may also be marketed to adults under certain circumstances. Playing with toys can be an enjoyable way of training young children for life experiences. Infants and toddlers like different sorts of toys depending on their developmental stage. As part of their complete development, baby toys help excite their senses of shape, color, texture, taste, and sound. Language, social-emotional, fine motor, gross motor, and cognitive development are all aspects of child development. Toy materials are chosen by guardians, and learning activities for newborns are planned based on the experience that toys bring to babies, which aids in their growth. Construction toys and building blocks are also essential for babies' development of motor skills and hand-eye coordination.

The global baby toys market is projected to register a notable growth rate during the forecast period. Growing per capita disposable income is mainly herding the market growth. Growing demand for skill developmental baby toys is also anticipated to aid the market growth during the review period. Though, the generality of an unorganized market for baby toys is considerably restrict the market growth.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The Global Baby Toys Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The North America baby toys market held the highest share of the global market in 2020. The growing demand for toys in children and the young population is punching the growth of the North American baby toys market.

Europe was the second-largest Global Baby Toys market. Asia-Pacific is estimated to be a profitable region for manufacturers of baby toys owing to the growing organized retail sector in the region. This growth can be further ascribed to the rising demand for skill development baby toys among children in the region, which is anticipated to further support the growth of the Asia-Pacific baby toys market during the forecast period.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.marketresearchfuture.com/ask_for_customize/1559

๐“๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐š๐›๐ฒ ๐“๐จ๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ข๐ง๐ญ๐จ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž
Based on product type, the global baby toys market has been segmented into board games, soft toys & dolls, action toys, arts & craft toys, construction toys, vehicles, musical toys & rattles, and others. Dolls are one of the oldest and most common forms of toys that have witnessed tremendous advancements in the past years, such as electronic dolls that can speak and walk

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ
By end user, the global baby toys market has been divided as infants and toddlers. Toddlers are children aged between 13 to 48 months. Popular games between toddlers are dolls, play vehicles, kitchen equipment and gadgets, playhouse items, art and craft toys, building blocks, stuffed animals, and musical toys.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
Based on distribution channel, the global baby toys market has been divided into store-based and non-store-based. The store-based sub-segment is further divided as supermarkets & hypermarkets, specialty stores, and others.

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ญ @ https://www.marketresearchfuture.com/reports/baby-toys-market-1559

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐š๐›๐ฒ ๐“๐จ๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž -
LEGO System (Denmark)
Mattel Inc. (U.S.)
Hasbro Inc. (U.S.)
Bandai Namco Holdings Inc. (Japan)
Spin Master (Canada)
Kids II Inc. (U.S.)
Nintendo Co. Ltd. (Japan)
Brandstรคtter Group (Germany)
Tomy Company Ltd (Japan)
Basic Fun! (U.S.)

๐๐š๐›๐ฒ ๐“๐จ๐ฒ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ
๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ:
Mattel, Inc. recently announced that it has established a multi-year agreement with SpaceX to produce and promote products that inspire children and collectors to embrace their inner space explorers. In 2023, Mattel will begin releasing toys under its well-known Matchbox brand that draw inspiration from SpaceX. Concurrently, space-themed collectibles will be added to Mattel Creations, the company's platform for collaboration and direct sales to customers.

๐‘๐ž๐š๐ ๐Ž๐ฎ๐ซ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ -
๐“๐จ๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ -
https://www.marketresearchfuture.com/reports/toys-market-8001

๐„๐๐ฎ๐œ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐“๐จ๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ -
https://www.marketresearchfuture.com/reports/educational-toys-market-11986

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฎ๐ฌ:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013, United States of Americ

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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