Global Construction Toys Market 2022-2026
Technavio has been monitoring the construction toys market and it is poised to grow by $ 1.23 bn during 2022-2026, accelerating at a CAGR of 2.79% during the forecast period. Our report on the construction toys market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased focus of parents on overall childhood development, declining child mortality rate leading to rising in the number of the target audience, and increasing popularity of toys as gifts, especially during festivals and occasions.
The construction toys market analysis includes the distribution channel segment and geographic landscape.
Technavio's construction toys market is segmented as below:
By Distribution Channel
By Geographical Landscape
- North America
- South America
- The Middle East and Africa
This study identifies the introduction of eco-friendly toys as one of the prime reasons driving the construction toys market growth during the next few years. Also, increasing adoption of multi-channel marketing and promotional strategies by vendors and the rise in popularity of construction toys inspired by animated characters will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the construction toys market covers the following areas:
- Construction toys market sizing
- Construction toys market forecast
- Construction toys market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction toys market vendors that include 4M Industrial Development Ltd., All Star Learning Inc., Bandai Namco Holdings Inc., BASIC FUN Inc., Elenco Electronics Inc., Evertoys Srl, Fat Brain Holdings LLC, Hasbro Inc., Learning Resources Ltd., LEGO System AS, Magformers LLC, Mattel Inc., Melissa and Doug LLC, PlayMonster LLC, Ravensburger AG, Simba Dickie Group GmbH, Smartivity Labs Pvt. Ltd., Spin Master Corp., TOMY Co. Ltd., and VTech Holdings Ltd. Also, the construction toys market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.