Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for media industry professionals · Friday, February 21, 2025 · 787,864,249 Articles · 3+ Million Readers

Toy Market to Reach 299.85 USD Billion by 2032 with 5.19% CAGR Driven by advancement of technology in Toys Industry

Toys Market Size

Toys Market Size

Toys Market Research Report Information by Type, Distribution Channel and By Region

NEW YORK, NY, UNITED STATES, February 18, 2025 /EINPresswire.com/ --
๐“๐จ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
In 2023, The Toy Market Size was estimated to be worth USD 190.76 billion. With a compound annual growth rate (CAGR) of 5.19% from 2024 to 2032, the toy industry is expected to increase from USD 200.08 billion in 2024 to USD 299.85 billion by 2032.

The Toys Market has seen significant growth due to rising consumer spending on children's entertainment, the increasing popularity of STEM-based educational toys, and the growing influence of digital and media franchises on toy designs. Manufacturers are focusing on innovation, safety, and sustainability to meet consumer demands, making the industry more dynamic and competitive than ever before.

"๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ" - ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐š ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.marketresearchfuture.com/sample_request/8001

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
The Toys Market is highly competitive, with established players and emerging brands continuously innovating to maintain market relevance. Key industry leaders include:
โ€ข The LEGO Group
โ€ข Mattel, Inc.
โ€ข Hasbro, Inc.
โ€ข Playmates Toys Limited
โ€ข Tomy Company Ltd
โ€ข Kenner Products
โ€ข Spin Master Ltd
โ€ข Jazwares, LLC
โ€ข Vtech
โ€ข Funko Inc
โ€ข NECA
โ€ข Tru Kids Brands
โ€ข MGA Entertainment Inc.
โ€ข Basic Fun, Inc.
โ€ข WowWee Group Limited
These companies invest in new product launches, digital integration, and sustainability to meet evolving consumer expectations and maintain their market position.

๐“๐จ๐ฒ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ
๐Œ๐š๐ฒ ๐Ÿ๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ โ€“ As part of its celebration of Barbie's 65th birthday, Mattel, Inc. today said that it will make special role model dolls in the form of nine athletes from around the world, including American tennis player and icon Venus Williams. Barbie is selecting these inspirational stories to encourage girls and show that anything is possible if you pursue your passions with perseverance. This is because girls who play team sports are more likely to feel competent for their ideal career, have high expectations for their skills and abilities, aspire to be leaders, and have higher levels of self-confidence1.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
The research report categorizes the Toys Market based on type, distribution channel, and regional markets, providing a detailed assessment of market dynamics and growth opportunities.
๐๐ฒ ๐“๐ฒ๐ฉ๐ž:
โ€ข Preschool Toys โ€“ Designed for early childhood development, these toys enhance cognitive skills, motor functions, and creativity. Popular products include building blocks, puzzles, and interactive learning toys.
โ€ข Soft Toys and Dolls โ€“ Plush toys and dolls remain timeless favorites among young children. The segment has expanded with themed dolls, character-based merchandise, and sustainable plush toys.
โ€ข Action Toys โ€“ Featuring figurines and collectibles from popular franchises, action toys appeal to a broad consumer base, including both children and adult collectors.
โ€ข Arts and Crafts Toys โ€“ With a rise in DIY and creativity-based learning, arts and crafts toys are gaining popularity, fostering imagination and artistic skills.
โ€ข Construction Toys โ€“ Encouraging problem-solving and engineering skills, construction toys such as LEGO and building kits remain a stronghold in the market.
โ€ข Vehicles and Others โ€“ The segment includes toy cars, remote-controlled vehicles, and themed playsets, catering to childrenโ€™s interests in transportation and imaginative play.

"๐๐ฎ๐ฒ ๐๐จ๐ฐ" - ๐“๐š๐ค๐ž ๐ข๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐š๐œ๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐š๐ฅ๐ฅ ๐ญ๐ก๐ž ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ข๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8001

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:
โ€ข Store-Based:
o Supermarkets and Hypermarkets โ€“ These retail chains provide convenience and variety, making them a preferred choice for parents and gift shoppers.
o Specialty Stores โ€“ Offering curated selections, specialty stores focus on high-quality, niche, and branded toys catering to specific age groups and interests.
o Others โ€“ Department stores, toy fairs, and pop-up stores contribute to offline sales and consumer engagement.
โ€ข Non-Store-Based:
o The rise of e-commerce platforms has transformed the toy industry, providing consumers with access to a wide range of products, user reviews, and exclusive online deals.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The market research report offers a comprehensive geographical analysis, identifying trends, opportunities, and key market players across various regions.
โ€ข North America: Leading the global toys market, North America benefits from strong consumer purchasing power, high demand for branded and licensed toys, and an emphasis on educational and interactive play. The United States remains the dominant market, with a significant contribution from blockbuster movie and gaming franchises.
โ€ข Europe: The European market is characterized by strong demand for sustainable toys, growing parental interest in STEM-based education, and a preference for traditional play over digital alternatives. Countries like Germany, the UK, and France drive significant market growth.
โ€ข Asia-Pacific: Rapid economic growth, increasing disposable incomes, and expanding urbanization contribute to a booming toy industry in this region. China, Japan, and India are key markets, with rising consumer interest in internationally recognized toy brands and local innovations.
โ€ข Rest of the World: Emerging markets in Latin America, the Middle East, and Africa present untapped potential, with increasing awareness of early childhood development, the expansion of retail infrastructure, and the rise of online shopping.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
Several factors contribute to the projected growth of the Toys Market, including:
โ€ข Growing Demand for Educational and STEM Toys: Parents and educators emphasize toys that promote cognitive development, problem-solving, and hands-on learning.
โ€ข Expansion of Digital and Franchise-Based Toys: The popularity of entertainment franchises, such as Marvel, Disney, and video game-inspired figures, continues to drive consumer interest.
โ€ข Rise in E-Commerce and Online Retailing: Digital shopping platforms provide extensive product availability, detailed consumer reviews, and targeted marketing, enhancing sales and brand reach.
โ€ข Sustainability and Eco-Friendly Initiatives: Increasing environmental concerns have led to a demand for biodegradable, plastic-free, and sustainably produced toys.
โ€ข Customization and Personalization Trends: Advances in 3D printing and digital technology allow consumers to create customized toy designs, further personalizing the play experience.

"๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ" - ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ'๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ, ๐ฌ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐ค๐ž๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐›๐ซ๐จ๐ฐ๐ฌ๐ข๐ง๐  ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ข๐ญ๐ฌ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง:
https://www.marketresearchfuture.com/reports/toys-market-8001

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The Toys Market is expected to witness sustained growth through 2032, with several emerging trends shaping the industry:
โ€ข Augmented Reality (AR) and Smart Toys: The integration of digital technology into traditional toys enhances interactive play experiences.
โ€ข Subscription-Based Toy Models: Rental and subscription-based toy services are gaining popularity, promoting sustainability and cost-effectiveness for parents.
โ€ข Personalized and AI-Enabled Toys: Advances in artificial intelligence enable toys to adapt to children's learning styles, providing a more customized play experience.
โ€ข Gender-Neutral and Inclusive Toys: The industry is shifting towards inclusivity, promoting toys that appeal to diverse audiences regardless of traditional gender roles.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’
EXECUTIVE SUMMARY
MARKET INTRODUCTION
RESEARCH METHODOLOGY
MARKET DYNAMICS
MARKET FACTOR ANALYSISโ€ฆ.

Discover more Research Reports on ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ-๐š๐ง๐-๐‘๐ž๐ญ๐š๐ข๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, by Market Research Future:

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐“๐จ๐จ๐ญ๐ก๐›๐ซ๐ฎ๐ฌ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ
https://www.marketresearchfuture.com/reports/electric-toothbrush-market-7983

๐…๐ฅ๐จ๐จ๐ซ ๐‚๐ฅ๐ž๐š๐ง๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’
https://www.marketresearchfuture.com/reports/floor-cleaners-market-8487

๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/pet-carriers-market-10606

๐๐ž๐ญ ๐‚๐š๐ซ๐ซ๐ข๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/pet-carriers-market-10606

๐Œ๐š๐ ๐ง๐ž๐ญ๐ข๐œ ๐„๐ฒ๐ž๐ฅ๐š๐ฌ๐ก๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ
https://www.marketresearchfuture.com/reports/magnetic-eyelashes-market-10682

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

Market Research Future
Market Research Future
+1 855-661-4441
email us here
Visit us on social media:
Facebook
X
LinkedIn

Powered by EIN Presswire

Distribution channels: Consumer Goods

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release