Global Stuffed & Plush Toys Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Plush toys is made up of wool fabric with pp cotton and other textile materials as the main fabric, internal tamponade toys made of various fillers, also can be called soft toys (soft toy), stuffed toys.
Market Overview:The latest research study on the global Stuffed & Plush Toys market finds that the global Stuffed & Plush Toys market reached a value of USD 299517.0 million in 2022. It’s expected that the market will achieve USD 4057.06 million by 2028, exhibiting a CAGR of -51.18% during the forecast period.
Market Drivers
The demand for Stuffed & Plush Toys is mainly influenced by the surge in global occasions and activities. Birthdays, Valentine's Day, Christmas and New Year are some of the occasions that will continue to promote the sale of plush toys in the global market. With more and more traditional occasions, manufacturers are focusing on providing holiday toys on the global market. In addition, more and more puppet shows are expected to intensify sales of plush toys and plush toys on the global market.
The prevalence of Stuffed & Plush Toys can help people with neurological diseases such as neurological diseases dementia and Alzheimer's disease to restore their childlike behavior, which promotes demand helps to improve memory. In addition, stuffing and plush toys also help neurotic patients feel relaxed and happy, thereby increasing their chances of recovery. The demand for plush toys and plush toys for neuropathy patients will continue to grow, which will continue to drive growth in the global market.
As manufacturers focus on product innovation and development to provide products with security and advanced features. As the availability of stuffing and plush toys increases, these toys are equipped with advanced features such as GPS trackers and sensors. Through these functions, guardians or parents can facilitate children and babies.
Region Overview:From 2023-2028, United States is estimated to witness robust growth prospects.
Company Overview:The top three companies are Ty Inc, The Walt Disney Company, Mattel Inc. with the revenue market share of 18.70%, 6.79% and 6.38% in 2018.
Ty is an American multinational corporation headquartered in Oak Brook, Illinois, a suburb of Chicago. Founded by Ty Warner in 1986, Ty is now the largest manufacturer of stuffed plush toys in the world. It designs, develops and sells products exclusively to specialty markets worldwide.
The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Parks, Experiences and Products is the global hub that brings Disney’s stories, characters, and franchises to life through theme parks and resorts, cruise and vacation experiences, and consumer products—everything from toys to apparel, and books to video games.
Segmentation Overview:Among different product types, Traditional Stuffed Animals segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the E-Commerce segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Stuffed & Plush Toys market covered in Chapter 3:Mattel, Inc
Simba Dickie Group
The Lego Group
The Walt Disney Company
NICI GmbH
BANDAI NAMCO Holdings
Hasbro, Inc
Ty Inc
Margarete Steiff GmbH
Spin Master Ltd
In Chapter 4 and Chapter 14.2, on the basis of types, the Stuffed & Plush Toys market from 2018 to 2029 is primarily split into:Cartoon Toys
Traditional Stuffed Animals
Battery Operated
Customizable Stuffed Animals
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stuffed & Plush Toys market from 2018 to 2029 covers:Hyper/Super Market
Toy Stores
E-Commerce
Hobby and Craft Stores
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)