Global Construction Toys Market 2024-2028
The construction toys market is forecasted to grow by USD 2.03 bn during 2023-2028, accelerating at a CAGR of 3.75% during the forecast period. The 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased focus of parents on the holistic development of children, declining child mortality rate leading to a rise in target audience, and increasing popularity of toys as gifts, especially during festive and special occasions.
Technavio's construction toys market is segmented as below:
By Distribution Channel
By Type
- Bricks and blocks
- Tinker toys
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- 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, the increasing adoption of multi-channel marketing and promotional strategies by market vendors and the rise in popularity of construction toys inspired by animated characters will lead to sizable demand in the market.
The report on the construction toys market covers the following areas:
- Construction toys market sizing
- Construction toys market forecast
- Construction toys market industry analysis
The 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., ANINDITA TOY CO. PVT. LTD., Bandai Namco Holdings Inc., BASIC FUN Inc., Elenco Electronics Inc., Evertoys, Gsmserver, Hasbro Inc., Learning Resources Ltd., LEGO System AS, Magformers LLC, Mattel Inc., Ravensburger AG, Simba Dickie Group, Smartivity Labs Pvt. Ltd., Spin Master Corp., Takara Tomy Co. Ltd., VTech Holdings Ltd., and PlayMonster LLC. 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 and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.