AP NEWS

$120 Billion Toys Market - Global Outlook and Forecast 2018-2023 - ResearchAndMarkets.com

October 11, 2018

DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “Toys Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The global toys market is projected to reach revenues of more than $120 billion by 2023, growing at a CAGR of around 4% during 2017-2023.

The growing dual-income households and improving the purchasing sentiments are two of the major factors propelling the growth of the global market. The development of economics in regions such as APAC, Latin America, and the Middle East and the African continent will create lucrative opportunities for leading players operating in the market.

The global toys market is driven by growing demand for a replica of instruments such as a keyboard, guitar, and drums, art and craft toys, and stuffed toys. The increasing social media penetration, growing audience, and rising user engagement are major factors attributing to the growth of the global market. The market research report provides in-depth market analysis and segmental analysis of the global toys market by category, age group, distribution channel, and geography.

The report considers the present scenario of the global toys market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global toys market.

Market Dynamics

Market Growth Enablers

Desire among parents to provide educational toys for cognitive development Toyetic impact Increased online presence of toy vendors Increase in number of games and puzzle cafes globally

Market Growth Restraints

Toy libraries gaining traction among consumers Declining birth rates and aging population globally Growing presence of counterfeit toys and games Raw material price volatility and rising labor costs

Market Opportunities & Trends

Toy box subscription services impacting retail sales Internet influencing choice and purchase of toys Increasing digitization of toys and games Increasing threats from online gaming platforms

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

5 Report Assumptions & Caveats

6 Market at a Glance

7 Introduction

8 Market Dynamics

9 Value Chain Analysis

10 Global Toys Market

11 By Category

12 By Age Group

13 By Distribution Channel

14 Geographical Segmentation

15 APAC

16 North America

17 Europe

18 Latin America

19 Middle-East & Africa

20 Competitive Landscape

21 Key Company Profiles

Lego Group Mattel Hasbro Bandai Namco

22 Other Prominent Vendors

Asmodee Ravensburger Funskool Top Toy K’nex Playmates Toys Simba Toys Spin Master CMON Disney Fremont Die Consumer Products Games Workshop Goliath Grey Fox IELLO Indie Boards and Cards INI International Playthings Learning Resources Legendary Games Loony Labs Ludo Fact Melissa & Doug Mindware.com Orchard Toys Panda GM Paul Lamond Games Pegasus Spiele Piatnik Pressman Toy RoosterFin Reaper Miniatures Rio Grande Games Schmidt Spiele Surprised Stare

For more information about this report visit https://www.researchandmarkets.com/research/9933cp/120_billion_toys?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005626/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Toys

KEYWORD:

INDUSTRY KEYWORD: RETAIL OTHER RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/11/2018 11:29 AM/DISC: 10/11/2018 11:29 AM

http://www.businesswire.com/news/home/20181011005626/en

AP RADIO
Update hourly