Press release
Educational Toys Market Size, Share, Segmentation, Forecast, 2032 | Mattel, LEGO System A/S, Melissa & Doug & Others
educational toys market
Toys designed with the intention of implementing learning into children are known as educational toys. The increasing demand for environmentally friendly and learning toys is anticipated to drive the market during the forecast period. Fortune Business Insights presents this information in their report titled "Global Educational Toys Market, 2023-2030."
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/educational-toys-market-106324
๐๐ข๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ:
โถ Mattel (U.S.)
โถ LEGO System A/S (Denmark)
โถ Melissa & Doug (U.S.)
โถ Ravensburger (Germany)
โถ The Simba Dickie Group (Germany)
โถ TOMY (Japan)
โถ JAKKS Pacific, Inc. (U.S.)
โถ GoldLok Toys (China)
โถ WowWee Group Limited (Canada)
โถ CocoMoco Kids (India)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Assistance in Developing Motor Skills Through Toys Drive Segmental Growth
By type, the market is divided into games & puzzles, arts & crafts, motor skills, role play, stem toys, musical toys, and other toys. The motor skills segment leads the market. The need to develop fine motor skills in infants, such as hand-eye coordination, to assist them in performing everyday tasks increases the toy's popularity.
Rising Demand for Toys Helping in Boosting IQ to Lead the Up to 4 Years Segment
Based on age group, the market is categorized into up to 4 years, between 4 and 8 years, and above 8 years. During the forecast period, the up to 4 years segment is expected to dominate the market due to the growing need for educational toys assisting in developing children's IQ at a young age.
Significant Discounts Offered by Supermarkets & Hypermarkets Propel Growth
By distribution channel, the market is divided into supermarkets & hypermarkets, specialty stores, e-commerce, and others. Substantial discounts offered by hypermarkets such as Walmart in the toy section are increasing in popularity, assisting in leading the segment.
From the regional ground, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/educational-toys-market-106324
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report offers:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Preference of Smart Toys to Bolster Demand
Consumers are focused on purchasing smart electronic toys. Convenient use and personal approach while instructing make them a preferred choice over other traditional toys. STEM toys are anticipated to witness substantial growth during the forecast period as they are aimed at developing problem-solving skills in children in a creative way.
However, the high circulation of counterfeit and potentially dangerous products may hinder the educational toys market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America Leads Owing to High Popularity of U.S. made Toys
North America dominates the market due to a surge in demand for 'Made in USA' learning toys. The region benefits from U.S.-made products as the shipment is faster and cheaper in comparison to shipments from China and Mexico.
Europe is expected to observe steady growth owing to the growing popularity of eco-friendly educational toys.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Big Corporations Concentrate on Online Distribution Channels to Increase Market Growth
Market players are increasing their focus on promoting products through online channels. During the forecast period, Lego Systems A/S and Mattel are anticipated to regain their place. For instance, Mattel products are sold in 150 countries, operate in 25 locations globally, and holds a prominent educational toys market share.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ: https://www.fortunebusinessinsights.com/educational-toys-market-106324
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
October 2022 - Bubhutsu, a Bengaluru, India-based educational toys brand (launched in August 2022) introduced its first line of toys designed on Krishna Leela theme. The brand emphasizes on developing toys on Indian epics theme for children above four years age.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.fortunebusinessinsights.com/toys-market-104699
https://www.fortunebusinessinsights.com/gaming-market-105730
https://www.fortunebusinessinsights.com/webcomics-market-105731
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Fortune Business Insightsโข Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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