Colombia Toys Market Report and Forecast 2025-2034
Description
The Colombia toys market size is estimated to expand at a CAGR of 6.10% between 2025 and 2034.
The Colombia toys market growth is driven by the rise in disposable incomes, the emergence of online platforms, and the increasing demand for educational toys. The integration of advanced technologies in toy production and the rising demand for toys as a gifting option have also contributed to the expansion of the market. Major companies are incorporating innovative technologies like 3D printing, augmented reality, and virtual reality in the manufacturing process, thereby shaping the future of the market.
The rise in toy purchases by parents in Colombia, driven by higher disposable income and a growing emphasis on social and cognitive development, is positively influencing the market. Key industry players are prioritizing the production of STEM (Science, Technology, Engineering, and Mathematics) toys to appeal to a wider range of consumers. STEM toys aid children in enhancing their critical thinking, refining hand-eye coordination, and advancing their motor skills. These benefits are driving the popularity of educational toys, consequently driving up the Colombia toys market share.
The Colombian market for toys is being influenced by the increasing awareness among consumers regarding the use of environmentally friendly materials. Toy manufacturers are responding to this demand by utilising ecofriendly packaging materials like kraft paper and cornstarch, which are natural, and durable, and help reduce the environmental footprint. Additionally, the rise in Internet usage and smartphone adoption has resulted in a higher reliance on online shopping applications for toy purchases by parents, leading to the Colombia toys market expansion.
Market Segmentation
Colombia Toys Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Action Figures
Building Sets
Dolls
Games and Puzzles
Sports and Outdoor Toys
Plush
Others
Market Breakup by Age Group
Up to 5 Years
Between 5 to 10 Years
Above 10 Years
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Speciality Stores
Convenience Stores
Online
Others
Competitive Landscape
Market participants are focusing on the development of toys that enable children to enjoy their leisure time and also support social and cognitive development.
Mattel, Inc.
Hasbro, Inc.
LEGO System A/S
Legad Laurent
Colmuñecos SAS
LUNNY COLOMBIA SAS
NIKYTOM
Sol Solecito Didactics
Others
The Colombia toys market growth is driven by the rise in disposable incomes, the emergence of online platforms, and the increasing demand for educational toys. The integration of advanced technologies in toy production and the rising demand for toys as a gifting option have also contributed to the expansion of the market. Major companies are incorporating innovative technologies like 3D printing, augmented reality, and virtual reality in the manufacturing process, thereby shaping the future of the market.
The rise in toy purchases by parents in Colombia, driven by higher disposable income and a growing emphasis on social and cognitive development, is positively influencing the market. Key industry players are prioritizing the production of STEM (Science, Technology, Engineering, and Mathematics) toys to appeal to a wider range of consumers. STEM toys aid children in enhancing their critical thinking, refining hand-eye coordination, and advancing their motor skills. These benefits are driving the popularity of educational toys, consequently driving up the Colombia toys market share.
The Colombian market for toys is being influenced by the increasing awareness among consumers regarding the use of environmentally friendly materials. Toy manufacturers are responding to this demand by utilising ecofriendly packaging materials like kraft paper and cornstarch, which are natural, and durable, and help reduce the environmental footprint. Additionally, the rise in Internet usage and smartphone adoption has resulted in a higher reliance on online shopping applications for toy purchases by parents, leading to the Colombia toys market expansion.
Market Segmentation
Colombia Toys Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Action Figures
Building Sets
Dolls
Games and Puzzles
Sports and Outdoor Toys
Plush
Others
Market Breakup by Age Group
Up to 5 Years
Between 5 to 10 Years
Above 10 Years
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Speciality Stores
Convenience Stores
Online
Others
Competitive Landscape
Market participants are focusing on the development of toys that enable children to enjoy their leisure time and also support social and cognitive development.
Mattel, Inc.
Hasbro, Inc.
LEGO System A/S
Legad Laurent
Colmuñecos SAS
LUNNY COLOMBIA SAS
NIKYTOM
Sol Solecito Didactics
Others
Table of Contents
142 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Toys Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Toys Historical Market (2018-2024)
- 5.3 Latin America Toys Market Forecast (2025-2034)
- 5.4 Latin America Toys Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Toys Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Toys Historical Market (2018-2024)
- 6.3 Colombia Toys Market Forecast (2025-2034)
- 7 Colombia Toys Market by Product Type
- 7.1 Action Figures
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Building Sets
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Dolls
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Games and Puzzles
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Sports and Outdoor Toys
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 Forecast Trend (2025-2034)
- 7.6 Plush
- 7.6.1 Historical Trend (2018-2024)
- 7.6.2 Forecast Trend (2025-2034)
- 7.7 Others
- 8 Colombia Toys Market by Age Group
- 8.1 Up to 5 Years
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Between 5 to 10 Years
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Above 10 Years
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Colombia Toys Market by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Speciality Stores
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Convenience Stores
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Online
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyers Powers
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Trade Data Analysis (HS Code: 953)
- 11.1 Major Importing Countries
- 11.1.1 By Volume
- 11.1.2 By Value
- 11.2 Major Exporting Countries
- 11.2.1 By Volume
- 11.2.2 By Value
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Mattel, Inc.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Hasbro, Inc.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 LEGO System A/S
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Legad Laurent
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Colmuñecos SAS
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 LUNNY COLOMBIA SAS
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 NIKYTOM
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Sol Solecito Didactics
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Others
Pricing
Currency Rates
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