Press release
Educational Toys Market Size, Share, Segment, Industry Trends, Forecast, 2032
The global educational toys market size was valued at USD 57.41 billion in 2022. The market is projected to grow from USD 61.60 billion in 2023 to USD 106.26 billion by 2030, exhibiting a CAGR of 8.10% during the forecast period.
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."
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/educational-toys-market-106324
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
Mattel (U.S.)
LEGO System A/S (Denmark)
Melissa & Doug (U.S.)
Ravensburger (Germany)
The Simba Dickie Group (Germany)
TOMY (Japan)
JAKKS Pacific, Inc. (U.S.)
GoldLok Toys (China)
WowWee Group Limited (Canada)
CocoMoco Kids (India)
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
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.
𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/educational-toys-market-106324
𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
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.
𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
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.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
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.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
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.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲: https://www.fortunebusinessinsights.com/educational-toys-market-106324
𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
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.
𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.fortunebusinessinsights.com/toys-market-104699
https://www.fortunebusinessinsights.com/gaming-market-105730
https://www.fortunebusinessinsights.com/webcomics-market-105731
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ 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.
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."
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/educational-toys-market-106324
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
Mattel (U.S.)
LEGO System A/S (Denmark)
Melissa & Doug (U.S.)
Ravensburger (Germany)
The Simba Dickie Group (Germany)
TOMY (Japan)
JAKKS Pacific, Inc. (U.S.)
GoldLok Toys (China)
WowWee Group Limited (Canada)
CocoMoco Kids (India)
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
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.
𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/educational-toys-market-106324
𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
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.
𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
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.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
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.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
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.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲: https://www.fortunebusinessinsights.com/educational-toys-market-106324
𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
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.
𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.fortunebusinessinsights.com/toys-market-104699
https://www.fortunebusinessinsights.com/gaming-market-105730
https://www.fortunebusinessinsights.com/webcomics-market-105731
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ 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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