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Construction Toys - Global Market Trajectory & Analytics

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    Report

  • 185 Pages
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806496
Global Construction Toys Market to Reach $10.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Construction Toys estimated at US$7.3 Billion in the year 2020, is projected to reach a revised size of US$10.4 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Traditional Blocks & Plates, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$4.1 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 Architecture segment is readjusted to a revised 4.5% CAGR for the next 7-year period.





The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 7.9% CAGR

The Construction Toys market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Educational Segment to Record 5.8% CAGR

In the global Educational segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$942.4 Million in the year 2020 will reach a projected size of US$1.4 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$1.4 Billion by the year 2027, while Latin America will expand at a 6.9% CAGR through the analysis period.

Select Competitors (Total 38 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.
Frequently Asked Questions about the Global Market for Construction Toys

What is the estimated value of the Global Market for Construction Toys?

The Global Market for Construction Toys was estimated to be valued at $7.3 Billion in 2020.

What is the growth rate of the Global Market for Construction Toys?

The growth rate of the Global Market for Construction Toys is 5.2%, with an estimated value of $10.4 Billion by 2027.

What is the forecasted size of the Global Market for Construction Toys?

The Global Market for Construction Toys is estimated to be worth $10.4 Billion by 2027.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Introduction
  • 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

2. FOCUS ON SELECT PLAYERS
3. 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

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • Toy Safety Regulations in Europe
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 38