Global Toys and Games Industry

Global Toys and Games Industry

  • April 2021 •
  • 441 pages •
  • Report ID: 98372 •
  • Format: PDF
Abstract:
- Global Toys and Games Market to Reach $126.8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Toys and Games estimated at US$102.2 Billion in the year 2020, is projected to reach a revised size of US$126.8 Billion by 2027, growing at a CAGR of 3.1% over the analysis period 2020-2027. Dolls/Action Figures, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$27.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Infant/Preschool segment is readjusted to a revised 3.5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $27.6 Billion, While China is Forecast to Grow at 5.8% CAGR
- The Toys and Games market in the U.S. is estimated at US$27.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.1 Billion by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.
- Activity/Construction Toys Segment to Record 4% CAGR
- In the global Activity/Construction Toys segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$13.9 Billion in the year 2020 will reach a projected size of US$17.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.6 Billion by the year 2027, while Latin America will expand at a 4.9% CAGR through the analysis period.

- Select Competitors (Total 192 Featured) -
  • Dream International Limited
  • Fisher-Price, Inc.
  • Hasbro, Inc.
  • Integrity Toys, Inc.
  • JAKKS Pacific Inc.
  • K`NEX Limited Partnership Group
  • LeapFrog Enterprises, Inc.
  • LEGO Group
  • Mattel, Inc.
  • MEGA Brands, Inc.
  • MGA Entertainment, Inc.
  • Playmates Toys, Inc.
  • Ravensburger AG
  • Sanrio Company Ltd.
  • Tarata Toys Ltd.
  • TOMY Company, Ltd.
  • VTech Holdings Limited