All updated as on -
The construction toys market was worth USD 12.22 bn in 2022, and it is expected to reach USD 21.19 bn by the end of 2030, expanding at a CAGR of 8.30% between 2023 and 2030.
Rapid expansion of the construction toy market is anticipated as more people learn about the positive effects these toys have on kids' brain growth. Children's use of these toys in the early stages of education is intentional because of the positive impact they have on the growth of spatial reasoning. Introducing construction-themed games into the kindergarten curriculum can help kids grow in all areas of development.
Toy companies argue that plastic toys are safe for children because of their low toxicity and water resilience, however several nations have prohibited toys made with dangerous ingredients like PVC, plasticizers, Bisphenol A, adipates, and phthalates. The demand for sustainable toys is being driven by parents' and educators' growing awareness of the health risks connected with plastic toys. Studies in child psychology and cognitive development have shown that children who play with building toys show considerable improvements in both flexible thinking and problem solving skills. Toys like this are great for fostering communication, collaboration, and friendship.
Toys are essential in the growth of children's physical dexterity, mental agility, spatial awareness, and social abilities. Toys like manipulatives, puzzles, collections, and matching games are great because they provide youngsters with calm activities that stimulate growth in all domains. Governments throughout the world are mandating the use of recyclable materials in the production of a wide range of products, including toys, in an effort to lessen their collective carbon footprint. With the proliferation of the Internet of Things (IoT) and smart gadgets, their use in classrooms is gaining momentum. For the most part, the demand for sustainable and safe toys that aid in children's holistic development is being driven by the growing awareness of the benefits of construction toys in their cognitive development.
The worldwide coronavirus epidemic has a devastating impact on economies around the world. Several nations issued lockdown directives in an effort to stop the global spread of the coronavirus. The construction toy industry's supply chains, distribution routes, trade, and development were all severely disrupted as a result. More construction toys may be in demand over the next few years due to rising online toy sales in the wake of the COVID-19 outbreak.
Plastics have a low toxicity level and are water resistant, thus manufacturers of construction toys recommend them without reservation. PVC, plasticizers, and Bisphenol A (BPA) elements such adipates and phthalates are not safe for children and may have negative impacts on their health and development. Many nations have banned the use of these materials in toys, including India, Germany, and Sweden. Toy companies are increasingly avoiding the aforementioned plastics due to rising awareness among parents and education authorities.
The importance of building toys in fostering cognitive flexibility in children has been frequently highlighted in recent years by studies in the fields of child psychology and cognitive development. These playthings help kids develop critical thinking skills. Children's cognitive growth is greatly aided by activities such as puzzles and building games, in which they are challenged to come up with novel solutions. Games of this type also promote communication, collaboration, and teamwork.
Concerns about the safety of the raw materials used in building toys have grown as toy demand has expanded. Green toys created from sustainable materials are gaining popularity among parents and teachers. Many well-known companies, hoping to cash in on this fad, have begun releasing environmentally friendly construction toys. The expansion of the worldwide construction toy market can be attributed to these causes this year. The development of eco-friendly toys is one of the important trends that would boost the construction toys market throughout the forecast period.
However, the rising appeal of digital and electronic games is posing a significant threat to the expansion of the worldwide construction toys industry. Toy manufacturers typically choose plastics because of their durability, low toxicity, and resistance to moisture. Bisphenol A, PVC, and plasticizers containing adipates and phthalates should never be used in children's toys because of the potential harm they provide to developing systems. Toys made with these substances are prohibited by law in numerous countries, including India, Germany, and Sweden. Toy companies are being pressured by rising parental and governmental awareness to stop using the aforementioned plastics.
Report Coverage
Global Construction Toys research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Toys report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Toys competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Toys market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Toys market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Toys market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
LEGO Group (Denmark), Mattel, Inc. (US), Hasbro, Inc. (US), K'NEX Industries, Inc. (US), MEGA Brands Inc. (Canada), Bandai Co., Ltd. (Japan), Playmates Toys Limited (Hong Kong), Melissa & Doug, LLC (US), TOMY Company, Ltd. (Japan), Geobra Brandstätter GmbH & Co. KG (Germany), Simba Dickie Group GmbH (Germany), Ravensburger AG (Germany), VTech Holdings Limited (Hong Kong), Goliath BV (Netherlands), Magformers, LLC (South Korea), Basic Fun, Inc. (US), Educational Insights, Inc. (US), Yiwu Baojie Toys Factory (China), Hape International Inc. (China), MindWare Holdings, Inc. (US).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Construction Toys market based on the below-mentioned segments:
Global Construction Toys Market, By Product
Bricks & Blocks
Tinker Toy
Others
Global Construction Toys market, By Material
Wood
Polymer
Metal
Others
Global Construction Toys Market, By Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Global Construction Toys market, Regional Analysis
Rapid expansion of the construction toy market is anticipated as more people learn about the positive effects these toys have on kids' brain growth. Children's use of these toys in the early stages of education is intentional because of the positive impact they have on the growth of spatial reasoning. Introducing construction-themed games into the kindergarten curriculum can help kids grow in all areas of development.
Toy companies argue that plastic toys are safe for children because of their low toxicity and water resilience, however several nations have prohibited toys made with dangerous ingredients like PVC, plasticizers, Bisphenol A, adipates, and phthalates. The demand for sustainable toys is being driven by parents' and educators' growing awareness of the health risks connected with plastic toys. Studies in child psychology and cognitive development have shown that children who play with building toys show considerable improvements in both flexible thinking and problem solving skills. Toys like this are great for fostering communication, collaboration, and friendship.
Toys are essential in the growth of children's physical dexterity, mental agility, spatial awareness, and social abilities. Toys like manipulatives, puzzles, collections, and matching games are great because they provide youngsters with calm activities that stimulate growth in all domains. Governments throughout the world are mandating the use of recyclable materials in the production of a wide range of products, including toys, in an effort to lessen their collective carbon footprint. With the proliferation of the Internet of Things (IoT) and smart gadgets, their use in classrooms is gaining momentum. For the most part, the demand for sustainable and safe toys that aid in children's holistic development is being driven by the growing awareness of the benefits of construction toys in their cognitive development.
The worldwide coronavirus epidemic has a devastating impact on economies around the world. Several nations issued lockdown directives in an effort to stop the global spread of the coronavirus. The construction toy industry's supply chains, distribution routes, trade, and development were all severely disrupted as a result. More construction toys may be in demand over the next few years due to rising online toy sales in the wake of the COVID-19 outbreak.
Plastics have a low toxicity level and are water resistant, thus manufacturers of construction toys recommend them without reservation. PVC, plasticizers, and Bisphenol A (BPA) elements such adipates and phthalates are not safe for children and may have negative impacts on their health and development. Many nations have banned the use of these materials in toys, including India, Germany, and Sweden. Toy companies are increasingly avoiding the aforementioned plastics due to rising awareness among parents and education authorities.
The importance of building toys in fostering cognitive flexibility in children has been frequently highlighted in recent years by studies in the fields of child psychology and cognitive development. These playthings help kids develop critical thinking skills. Children's cognitive growth is greatly aided by activities such as puzzles and building games, in which they are challenged to come up with novel solutions. Games of this type also promote communication, collaboration, and teamwork.
Concerns about the safety of the raw materials used in building toys have grown as toy demand has expanded. Green toys created from sustainable materials are gaining popularity among parents and teachers. Many well-known companies, hoping to cash in on this fad, have begun releasing environmentally friendly construction toys. The expansion of the worldwide construction toy market can be attributed to these causes this year. The development of eco-friendly toys is one of the important trends that would boost the construction toys market throughout the forecast period.
However, the rising appeal of digital and electronic games is posing a significant threat to the expansion of the worldwide construction toys industry. Toy manufacturers typically choose plastics because of their durability, low toxicity, and resistance to moisture. Bisphenol A, PVC, and plasticizers containing adipates and phthalates should never be used in children's toys because of the potential harm they provide to developing systems. Toys made with these substances are prohibited by law in numerous countries, including India, Germany, and Sweden. Toy companies are being pressured by rising parental and governmental awareness to stop using the aforementioned plastics.
Report Coverage
Global Construction Toys research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Toys report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Toys competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Toys market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | LEGO Group (Denmark), Mattel, Inc. (US), Hasbro, Inc. (US), K'NEX Industries, Inc. (US), MEGA Brands Inc. (Canada), Bandai Co., Ltd. (Japan), Playmates Toys Limited (Hong Kong), Melissa & Doug, LLC (US), TOMY Company, Ltd. (Japan), Geobra Brandstätter GmbH & Co. KG (Germany), Simba Dickie Group GmbH (Germany), Ravensburger AG (Germany), VTech Holdings Limited (Hong Kong), Goliath BV (Netherlands), Magformers, LLC (South Korea), Basic Fun, Inc. (US), Educational Insights, Inc. (US), Yiwu Baojie Toys Factory (China), Hape International Inc. (China), MindWare Holdings, Inc. (US). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Construction Toys Market from 2021 to 2030.
- Market Forecast for Construction Toys Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Construction Toys competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Construction Toys
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Toys market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Toys market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
LEGO Group (Denmark), Mattel, Inc. (US), Hasbro, Inc. (US), K'NEX Industries, Inc. (US), MEGA Brands Inc. (Canada), Bandai Co., Ltd. (Japan), Playmates Toys Limited (Hong Kong), Melissa & Doug, LLC (US), TOMY Company, Ltd. (Japan), Geobra Brandstätter GmbH & Co. KG (Germany), Simba Dickie Group GmbH (Germany), Ravensburger AG (Germany), VTech Holdings Limited (Hong Kong), Goliath BV (Netherlands), Magformers, LLC (South Korea), Basic Fun, Inc. (US), Educational Insights, Inc. (US), Yiwu Baojie Toys Factory (China), Hape International Inc. (China), MindWare Holdings, Inc. (US).
Primary Target Market
- Market Players of Construction Toys
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Construction Toys market based on the below-mentioned segments:
Global Construction Toys Market, By Product
Bricks & Blocks
Tinker Toy
Others
Global Construction Toys market, By Material
Wood
Polymer
Metal
Others
Global Construction Toys Market, By Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Global Construction Toys market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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