Educational Toys Market Size, Growth & Statistical Report from 2023 to 2030
The global educational toys market is expected to witness a substantial Compound Annual Growth Rate (CAGR) of more than 8% throughout the forecast period spanning from 2023 to 2030. The expansion of the educational toys market can be ascribed to several factors, including the surging demand for toys that facilitate children’s cognitive and social development, an increased focus on early childhood education, and growing recognition of the advantages of learning through play. Moreover, the market’s growth is bolstered by the availability of a diverse range of educational toys catering to various price points and the rising popularity of e-commerce platforms for toy sales.
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Market Trends:
- Increasing demand for STEM toys: STEM toys are educational toys that focus on science, technology, engineering, and mathematics. The demand for STEM toys is increasing as parents and educators recognize the importance of STEM education for children’s future success.
- Growing awareness of the benefits of educational toys: Parents and educators are becoming increasingly aware of the benefits of educational toys. Educational toys can help children develop their cognitive, social, and emotional skills.
- Rising disposable income: The disposable income of consumers is rising, which is leading to increased spending on educational toys.
- Growing popularity of online shopping: Online shopping is becoming increasingly popular, which makes it easier for consumers to purchase educational toys.
According to the recent report published by RC Market Analytics, the Global Educational Toys Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the educational toys market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the educational toys industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the educational toys market report comprises dedicated sections centering on the regional market revenue and trends. The educational toys market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Educational toys market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030.The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Educational Toys Market Segmentation:
By Age Group:
- 0-2 years
- 2-4 years
- 4-6 years
- 6+ years
By Type of Toys:
- Puzzles
- Construction Toys
- Electronic Learning Toys
- Board Games
- Musical Toys
- Others
By Material:
- Plastic
- Wood
- Metal
- Others
By End-Use:
- Home
- Schools
- Daycare Centers
- Others
By Distribution Channel:
- Supermarkets & Hypermarkets
- Specialty Stores
- E-commerce
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- The global educational toys market is highly competitive, with a large number of companies operating in the space. Some of the major players in the market include:
- Mattel, Inc.: Mattel is one of the largest toy manufacturers in the world and produces a wide range of educational toys, including games, puzzles, and building sets.
- Hasbro, Inc.: Hasbro is another major toy manufacturer that produces a range of educational toys, including science kits, building sets, and board games.
- LEGO Group: LEGO is a Danish toy manufacturer that is known for its iconic building blocks and educational toys that promote STEM learning.
- VTech Holdings Limited: VTech is a Hong Kong-based company that specializes in electronic educational toys and learning systems for children.
- LeapFrog Enterprises, Inc.: LeapFrog is a California-based company that produces educational toys and learning systems that promote reading, writing, and STEM skills.
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Key Questions Answered by Educational Toys Market Report:
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Educational Toys market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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