Product ID: UCMIG25AF2002
Educational Toys Market Size, Share, Growth Analysis, By Type(Arts & Crafts, Role Play), By Age Group(0-4 Years, 4-8 Years), By Distribution Channel(Supermarkets & Hypermarkets, Specialty Stores), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG25AF2002 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Educational Toys Market Insights
Market Overview:
The educational toys market had a value of USD 64.91 billion in 2020, and it is predicted to have a compound annual growth rate of 9.83% during the period of 2021-2028, reaching USD 132.62 billion in 2028, starting from USD 68.81 billion in 2021. Despite the unprecedented and staggering impact of the COVID-19 pandemic, the demand for educational toys across all regions increased positively. Our analysis indicates that the global market grew by 26.41% less in 2020 than the average year-on-year growth between 2017-2019. However, the projected growth rate is expected to increase due to the market's demand and growth, returning to pre-pandemic levels after the pandemic is over.
Educational Toys Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Stores by segment aggregation, the contribution of the Specialty Stores in Retailing and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Educational Toys Market Report Snapshots
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