Global Kids Arts and Crafts Toys Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Kids Arts and Crafts Toys Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Kids Arts and Crafts Toys is a type of children's toys. Kids Arts and Crafts Toys inspire kids of all skill levels to use their imaginations to express themselves and create their own masterpieces. Kids Arts and Crafts Toys can be divided into Clay & Dough, Design Kits-Reusable, Painting & Drawing Kits, etc.

Market Overview:

The latest research study on the global Kids Arts and Crafts Toys market finds that the global Kids Arts and Crafts Toys market reached a value of USD 4082.01 million in 2022. It’s expected that the market will achieve USD 5419.36 million by 2028, exhibiting a CAGR of 4.84% during the forecast period.

Market Challenges

Kids Arts and Crafts Toys are children's toys. Due to the particularity of the product users, the safety and quality of Kids Arts and Crafts Toys are more valued by consumers than adult toys. Therefore, people tend to gravitate towards bigname companies when choosing Kids Arts and Crafts Toys. After years of precipitation and long-term accumulation, big brand companies in the Kids Arts and Crafts Toys market have established strict product quality control systems and strong product R&D systems. In the process of product and brand promotion, the company finally won the recognition of Kids Arts and Crafts Toys by consumers. Once the corporate brand image is established, the stickiness to consumers will be better, and consumers will habitually consume products from well-known brands. The entry of new market entrants into the market requires the psychological cognition of consumers, in which there is a conversion cost. Therefore, new entrants need to build a well-known brand in a short time, not only need a lot of publicity expenses and long-term accumulation of technology. Therefore, branding is one of the important barriers to entering the Kids Arts and Crafts Toys industry.
Due to the weak resistance of children, weak self-care ability and many other reasons. Therefore, product safety is an important factor in consumer choice. Product security risk is one of the important challenges faced by companies in the industry. For example, clay toys are recognized and wellknown by more and more people, and they have become common toys in the lives of many children. They are essential educational handmade toys in kindergartens and handicraft classes. But clay toys may also have certain safety risks. Ultra-

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Hasbro, Inc. is one of the major players operating in the Kids Arts and Crafts Toys market, holding a share of 13.53% in 2022.

Hasbro, Inc. is a global gaming and entertainment company dedicated to making the world a better place for all children, fans and families. Hasbro, Inc. provides an immersive brand experience to a global audience through consumer products such as toys and games. Company brands include PlayDoh, NERF, POWER RANGERS, TRANSFORMERS, HASBRO GAMING, BABY ALIVE and more. Creative Kids and Hasbro, Inc. Announce Partnership to Produce New Play-Doh Compounds. The new line will be unveiled in 2022 and will introduce compounds to complement the Play-Doh brand.

Crayola LLC is an American art pen manufacturing company with products in more than 80 countries around the world. The company's most famous products are the crayons they make. The company has been a wholly owned subsidiary of Hallmark Cards since 1984. The Crayola brand has grown into a portfolio of innovative art tools, crafting activities and creative toys that allow children to express all the things that inspire them as they explore, discover, play, pretend and dream.

Segmentation Overview:

Among different product types, Clay & Dough segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Supermarkets/Convenience Stores segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Kids Arts and Crafts Toys market covered in Chapter 3:

Hasbro, Inc.
Crayola LLC
Melissa and Doug
Channel Craft
Fat Brain Toys, LLC
Faber-Castell USA, Inc.
US Toy Co., Inc.
LEGO
Spin Master Inc.
Tomy International, Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Kids Arts and Crafts Toys market from 2018 to 2029 is primarily split into:

Clay & Dough
Design Kits-Reusable
Painting & Drawing Kits
Boards
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Kids Arts and Crafts Toys market from 2018 to 2029 covers:

Toy Stores
Supermarkets/Convenience Stores
Online
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)