Product ID: SQMIG25J2035
Global Construction Toys Market Size, Share, Growth Analysis, By Type(Building Blocks, and Puzzles), By Distribution Channel(Offline retail, and Online retail) - Industry Forecast 2024-2031
Report ID:
SQMIG25J2035 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
Global Construction Toys Market Insights
Construction Toys Market size was valued at USD 12.18 billion in 2021 and is poised to grow from USD 12.95 billion in 2022 to USD 21.11 billion by the end of 2030, growing at a CAGR of 6.30% during the forecast period (2023-2030).
The construction toy industry is expected to rise rapidly due to the increasing recognition of the benefits associated with these toys in the cognitive development of children. These toys aid in the development of spatial reasoning in children, which is why they are included in the early grades of education. The objective of including construction games in kindergarten is to develop creativity and imagination among children, thus promoting holistic development.
Toy manufacturers claim that plastic toys are safe for kids due to their low level of toxicity and water resistance, but toys containing harmful materials such as PVC, plasticizers, Bisphenol A, adipates, and phthalates are banned in many countries. Awareness among parents and education authorities about the health hazards associated with plastic toys is driving the demand for sustainable toys. Research studies on child psychology and cognitive development have highlighted the importance of construction toys in improving children’s cognitive flexibility and problem-solving ability. These toys also promote social skills, cooperation, and teamwork.
Toys play a crucial role in developing motor skills, cognitive flexibility, spatial reasoning and social competence. Well-chosen toys, such as manipulatives, puzzles, collectibles, and matching games, offer children peaceful activities, thereby strengthening all areas of their development. With the aim of reducing carbon footprint, government bodies worldwide are compelling businesses to use recyclable materials for manufacturing various products, including toys. The adoption of smart toys in schools is gaining traction with the development of the Internet of Things (IoT) and smart toys. In summary, the rising recognition of the benefits of construction toys in children’s cognitive development is driving the demand for sustainable and safe toys, which aid in holistic development.
US Construction Toys Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Construction Toys Market Report Snapshots
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