Global Toys and Games Market to Reach $123.5 Billion by 2026

SAN FRANCISCO, Sept. 28, 2021 /PRNewswire/ --  A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Toys and Games - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 19; Released: April 2021
Executive Pool: 2586
Companies: 192 - Players covered include 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 and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Soft/Plush Toys, Other Product Types, Dolls/Action Figures, Infant/Preschool, Activity/Construction Toys, Games/Puzzles, Vehicles/Ride Ons); Application (Upto 8 Years, 8 - 15 Years, Above 15 Years)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Toys and Games Market to Reach $123.5 Billion by 2026
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$123.5 Billion by 2026, growing at a CAGR of 3.1% over the analysis period. 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 a thorough 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 $28.4 Billion in 2021, While China is Forecast to Reach $24.8 Billion by 2026
The Toys and Games market in the U.S. is estimated at US$28.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$24.8 Billion by the year 2026 trailing a CAGR of 5.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.

Activity/Construction Toys Segment to Reach US$23.4 Billion by the year 2026
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. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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