Global Construction Toys Market Report 2022-2023 & 2030 - Connected Toys Drive Growth with Subscription Services Standing Out as a Notable Market Model

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Feb 10, 2023, 18:10 ET

DUBLIN, Feb. 10, 2023 /PRNewswire/ -- The "Construction Toys: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Construction Toys Market to Reach $18.5 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Construction Toys estimated at US$13.8 Billion in the year 2022, is projected to reach a revised size of US$18.5 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.

Traditional Blocks & Plates, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$7.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Architecture segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 6.5% CAGR

The Construction Toys market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2030.

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Looking Ahead to 2023

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Key Topics Covered:

MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Introduction
Construction Toys - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Toys Aimed at Cognitive Development of Kids Boost Growth in the Global Construction Toys Market
Benefits of Construction Toys
Major Players
Toy Companies Brace up to Grab Share in the Construction Toys Market
Toy Innovations
Construction Toys Innovations

MARKET TRENDS & DRIVERS

Connected Toys Drive Growth in the Smart Toys Market
Subscription Services Stands Out as a Notable Market Model
Building Toys Focused on Improving Creativity and Imagination of Children Attract Attention
Subscription Services Model for Stem Toys Garners Popularity
Toys Mirror Trends in Engineering Industry
Technology Toys Emerge as an Expanding Opportunity Market
Recent Innovative Launches
Construction Toys - A Background

FOCUS ON SELECT PLAYERS (Total 32 Featured)

Bandai Co., Ltd.
Gebr. Marklin & Cie GmbH
Hasbro, Inc.
K'NEX, a Division of Basic Fun Inc.
Mattel, Inc.
MEGA Brands Inc.
Melissa & Doug
Spin Master Ltd.
The LEGO Group
VTech Electronics North America, L.L.C.

For more information about this report visit https://www.researchandmarkets.com/r/yclsp6

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