United States Wooden Toy Market – Analysis By Product, By Age, By Sales Channel (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2018-2028)
Executive Summary
In 2021, the United States Wooden Toy Market was estimated to be valued at USD 12.01 billion. With rising disposable wealth in the United States' most populous cities, the adoption of wooden toys is expected to rise in the future years. The market is driven by developments in Wooden Toys and their rising usage by the US population. Furthermore, the growing market penetration of educational and pre-school toys will drive the industry forward in the approaching years.
In product, Educational Toys in the Market witnessed growth at a noteworthy rate over the past few years and in the forecast period due to the imperative role being played because of the factors such as the higher concentration of Wooden Toy manufacturing companies and increasing production of newer technologies in the country.
The 3-5 years age group is anticipated to grow at a robust rate in the Wooden Toy market and gain a fair amount of market share in the Wooden Toy Market than other age groups in the market. Moreover, increasing demand for eco-friendly and more affordable Wooden Toys among consumers all over the country has been anticipated to propel thrust in the demand for Wooden Toys in the future.
In the sales channel, consumers are becoming more accustomed to purchasing things via online platforms, which is expected to boost the share of the e-commerce category over the projection period. In the United States, the e-commerce segment is expected to occupy a 49% market share in 2028E.
Scope of the Report
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