Press release
Global Pre-School Games And Toys Market Expected Surpass A Valuation Of US$ 3,000 Mn By 2022-End.
Fact.MR
The report provides an overview of the global pre-school games and toys market. This comprises an introduction to the market, along with a standard definition of pre-school games and toys products. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
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The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is provided in the report for better provision of decision-making insights to clients.
Pre-school games and toys not only offer entertainment and amusement but help children improve their coordination, manual skills and even mental agility. Activity games and toys such as musical instruments, puzzles and board games, arts and crafts, play-acting, and construction toys among others are commonly available across the globe. Fact.MR’s new report projects that the global pre-school games and toys market is set to surge at a health CAGR during the forecast period (2017-2022) and reach a valuation of US$ 11,902.5 Mn. Demand for pre-school games and toys in emerging countries such as China, India and Brazil is gaining significant traction. Meanwhile, sales continue to be steady in mature markets. Additional factors such as growth of online sales and increasing disposable income are playing a significant role in driving the sales of pre-school games and toys across the world.
In order to offer readers with up-to-date information about the latest advancements in the global pre-school games and toys market, the report provides updates about market opportunities, which can benefit leading manufacturers of pre-school games and toys products. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for pre-school games and toys manufacturers to formulate key business strategies.
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Additional Highlights of the Report Include:
1- Among regions, the market in Asia Pacific excluding Japan (APEJ) will continue to hold its top spot over 2022. APEJ pre-school games and toys market is projected to witness a CAGR of 7% over the forecast period.
2- On the basis of product type, the construction toys segment will remain highly lucrative throughout the assessment period. This segment currently command for nearly one-fourth share of the global market in terms of revenue. In addition, the segment is expected surpass a valuation of US$ 3,000 Mn by 2022-end.
3- Based on age group, the 2-3 years segment is anticipated to retain its dominant position over the next couple of years. Currently, the segment commands for more than 37% revenue share of the market. Meanwhile, the upto 4.5 segment likely to hold it second spot over 2022.
4- By material, the plastic segment is expected increase at a relatively faster rate. This is attributed to the fact the toys that are made of plastic are much more convenient to handle and consumer-friendly. The plastic segment is anticipated to reach a market valuation in excess of US$ 4,000 Mn by the end of 2027.
Competition Tracking
Mattel, Inc., BANDAI NAMCO Holdings Inc., LEGO A/S, Hasbro, Inc., TOMY Company, Ltd., SIMBA-DICKIE-GROUP GmbH, Spin Master Ltd., Alpha Group, Ravensburger AG, Playgo Toys Manufacturing Limited are some of the leading companies operating the global pre-school games and toys market.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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