Toys Market In Europe 2024-2028
The toys market in Europe is forecasted to grow by USD 9.27 bn during 2023-2028, accelerating at a CAGR of 4.39% during the forecast period. The report on the toys market in Europe 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 expanding product portfolio influencing product premiumization, rising emergence of eco-friendly toys, and presence of toy gifting culture in the region.
Technavio's toys market in Europe is segmented as below:
By Product
- Activity toys and accessories
- Soft toys and accessories
- Outdoor and vehicle toys
- Games and puzzles
- Infant and preschool toys and Others
By Distribution Channel
- Specialty stores
- E-retailers
- Hypermarkets
- Department stores
This study identifies the increasing number of strategic alliances as one of the prime reasons driving the toys market in Europe growth during the next few years. Also, rising popularity of construction toys and increasing marketing initiatives will lead to sizable demand in the market.
The report on the toys market in Europe covers the following areas:
- Toys market in Europe sizing
- Toys market in Europe forecast
- Toys market in Europe 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 toys market in Europe vendors that include 4M Industrial Development Ltd., Clementoni Spa, Evertoys, First Celtic Toys and Learning Ltd., Goliath Games, HABA Group B.V. and Co.KG, Hamleys of London Ltd., Hasbro Inc., JWS Europe Ltd., Kids2 Inc., Learning Resources Ltd., LEGO System AS, Mattel Inc., MGA Entertainment Inc., Ravensburger AG, Simba Dickie Group GmbH, Takara Tomy Co. Ltd., The Toy Co., Theo Klein GmbH, and VTech Holdings Ltd.. Also, the toys market in Europe 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.
The publisher 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. 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 the accurate market growth.