Press release
Construction Toys Market Is Likely to Experience a Tremendous Growth by 2031
Global construction toys market is anticipated to grow at a CAGR of 12.2% during the forecast period (2024-2031). The increasing emphasis of parents on early learning and multiple developmental of their child is a key factor driving the growth of the global construction toys market. These toys promote problem-solving, spatial reasoning, creativity, imagination, fine motor skills, and align with educational trends. Parents seeks toys that offer more than just entertainment, providing a fun and engaging way for children to learn and develop important cognitive skills. Therefore, the key players are taking different growth strategies such as new product launches and mergers & acquisitions to gain a major share in the market.Recent developments-
In July 2022, Mattel partnered with SpaceX to develop a line of toys and collectibles aimed at sparking children's interest in space exploration. The product line featured figures, plush toys, and building sets. This collaboration is built on Mattel's past work with Elon Musk on remote-controlled cars.
In January 2024, Spin Master, a global children's entertainment enterprise, finalized its acquisition of Melissa & Doug, a renowned US-based brand celebrated for its early childhood play products.
In 2022, Manor Independent School District in Texas introduced a robotics program that utilizes LEGO Education products, aiming to incorporate interactive and enjoyable learning experiences for elementary school students. The growing participation of schools in exploring the potential of these toys is further likely to drive the global market growth.
To Request a Sample of our Report on Construction Toys Market: https://www.omrglobal.com/request-sample/construction-toys-market
Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Product
By Material
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- The LEGO Group, Mattel, Inc., Spin Master Ltd., Hasbro Inc., and Learning Resources Inc. among others.
Construction Toys Market Report Segment
By Product
Bricks & Blocks
Tinker Toy
Others (Vehicle Toys, and Puzzles)
By Material
Wood
Polymer
Metal
Others (Foam)
By Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
Online
Others (Retailer)
A full Report of Construction Toys Market is Available @ https://www.omrglobal.com/industry-reports/construction-toys-market
Company Profiles
Bandai Namco Holdings Inc.
Marklin & Cie GmbH
Learning Resources Inc.
Magformers, Inc.
Märklin & Cie. GmbH
MEGA Brands Inc.
Melissa & Doug
PlayMonster Group LLC
Polydron (UK) Ltd
Ravensburger
Schylling
Spin Master Ltd.
TEGU, Inc.
VTech Holdings Ltd.
Reasons to buy from us -
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/construction-toys-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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