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The United States Arts and Crafts Toys Market was valued at USD1.26 billion in 2021, which is anticipated to grow with a CAGR of 7.38% during the forecast years to achieve the market value of USD1.91 billion by 2027F. Rapidly increasing demand for educationally advanced toys for the better development of the children is driving the growth of the United States Arts and Crafts Toys Market in the upcoming five years. Demand for education toys has multiplied in the last two years amidst COVID-19 since the demand for home education and educational games increased. The parents are highly inclined toward better child development for their kids and are lavishly spending on it. Rising disposable income among the population is also anticipated to further support the growth of the United States Arts and Crafts Toys Market in the next five years. Speak directly to the analyst to clarify any post sales queries you may have.
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Moreover, the industry experts have mentioned that the market players in the industry are actively invested and bringing innovations and advancements in these toys to enhance the demands and sales of the products. Increasing online shopping and the e-commerce sector also support market growth. The younger population is also inclined toward online-based educational games that substantiate the United States Arts and Crafts Toys Market growth in the future five years.
The United States Arts and Crafts Toys Market segmentation is based on type, distribution channel, region, top leading states, and competitive landscape. Based on type, the market is further fragmented into categories like design kits-reusable, painting & drawing kits, boards, clay & dough, and others ({building & construction toys, molding & sculpture toys, etc.}. Design kits-reusables are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of rising demands for creative toys for the kids. Demand for the educational and development supportive toys that aid the youngsters in developing problem-solving and critical-thinking skills, boosting visual learning, creativity and focus, and helping them to envision new ideas, further facilitates the segmental growth as well as the growth of the United States Arts and Crafts Toys Market in the future five years. The market is segmented into toy shops, supermarkets/hypermarkets, online, and others {stationery stores, gift shops, kiosks, etc.}, based on the distribution channel. The market analysis also studies the regions of the United States, such as the South, North-West, West, and Mid-West.
The major market players in the platform that lead the market growth of the United States Arts and Crafts Toys Market are Crayola LLC, Hasbro, Inc., Spin Master Inc., Mattel, Inc., U.S. Toy Co., Inc., Tomy International, Inc., Channel Craft, VTech Holdings Limited, Fat Brain Toys, LLC, Faber-Castell USA, Inc., etc.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the market size of the United States Arts and Crafts Toys Market from 2017 to 2020.
- To estimate and forecast the market size of the United States Arts and Crafts Toys Market from 2021 to 2022 and growth rate until 2027.
- To classify and forecast the United States Arts and Crafts Toys Market based on type, distribution channel, region, top leading states, and competitive landscape.
- To identify dominant region or segment in the United States Arts and Crafts Toys Market.
- To identify drivers and challenges for the United States Arts and Crafts Toys Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United States Arts and Crafts Toys Market.
- To identify and analyze the profile of leading players operating in the United States Arts and Crafts Toys Market.
- To identify key sustainable strategies adopted by the market players in the United States Arts and Crafts Toys Market.
The publisher calculated the market size of the United States Arts and Crafts Toys Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to arts and crafts toys
- Market research and consulting firms
Report Scope:
In this report, the United States Arts and Crafts Toys Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
United States Arts and Crafts Toys Market, By Type:
- Design Kits-Reusable
- Painting & Drawing Kits
- Boards
- Clay & Dough
- Others
United States Arts and Crafts Toys Market, By Distribution Channel:
- Toy Shops
- Supermarkets/Hypermarkets
- Online
- Others
United States Arts and Crafts Toys Market, By Region:
- South
- West
- Mid-West
- North-East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the United States Arts and Crafts Toys Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
Frequently Asked Questions about the U.S. Arts and Crafts Toys Market
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Report Attribute | Details |
---|---|
No. of Pages | 74 |
Published | June 2022 |
Forecast Period | 2017 - 2027 |
Estimated Market Value ( USD | $ 0.91 Billion |
Forecasted Market Value ( USD | $ 1.91 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | United States |
Table of Contents
1. Product Overview2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on United States Arts and Crafts Toys Market
5. Voice of Customer
5.1. Brand Awareness
5.2. Sources of Information
5.3. Preferred Mode of Buying
5.4. Factors Influencing Purchase Decision
5.5. By Age Group
6. United States Arts and Crafts Toys Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Design Kits-Reusable, Painting & Drawing Kits, Boards, Clay & Dough and Others ({Building & Construction Toys, Molding & Sculpture Toys, etc.})
6.2.2. By Distribution Channel (Toy Shops, Supermarkets/Hypermarkets, Online, and Others {Stationery Stores, Gift Shops, Kiosks, etc.})
6.2.3. By Region (South, West, Mid-West and North-East)
6.2.4. By Top Leading States
6.2.5. By Company (2021)
6.3. Market Map (By Type, By Distribution Channel and By Region)
7. United States Design Kits-Reusable Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Distribution Channel
8. United States Painting & Drawing Kits Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Distribution Channel
9. United States Boards Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Distribution Channel
10. United States Clay & Dough Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Distribution Channel
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. United States Economic Profile
14. Competitive Landscape
14.1. Crayola LLC
14.2. Hasbro, Inc.
14.3. Spin Master Inc.
14.4. Mattel, Inc.
14.5. U.S. Toy Co., Inc.
14.6. Tomy International, Inc.
14.7. Channel Craft
14.8. VTech Holdings Limited
14.9. Fat Brain Toys, LLC
14.10. Faber-Castell USA, Inc.
15. Strategic Recommendations
The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2023E, the data represents the period, 1st April 2022 to 31st March 2023.
List of FiguresFigure 1: United States Arts and Crafts Toys Market Size, By Value (USD Billion), 2017-2027F
Figure 2: United States Arts and Crafts Toys Market Share, By Product Type, By Value, 2017-2027F
Figure 3: United States Arts and Crafts Toys Market Share, By Distribution Channel, By Value, 2017-2027F
Figure 4: United States Arts and Crafts Toys Market Share, By Region, By Value, 2017-2027F
Figure 5: United States Arts and Crafts Toys Market Share, By Top 10 Leading States, By Value, 2021
Figure 6: United States Arts and Crafts Toys Market Share, By Top 10 Leading States, By Value, 2027F
Figure 7: United States Arts and Crafts Toys Market Share, By Company, By Value, 2021
Figure 8: United States Arts and Crafts Toys Market Map, By Product Type, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 9: United States Arts and Crafts Toys Market Map, By Distribution Channel, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 10: United States Arts and Crafts Toys Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 11: United States Design Kits-Reusable Market Size, By Value (USD Billion), 2017-2027F
Figure 12: United States Per Capita Personal Income (USD Thousand), 2016-2020
Figure 13: United States Design Kits-Reusable Market Share, By Distribution Channel, By Value, 2017-2027F
Figure 14: United States Painting & Drawing Kits Market Size, By Value (USD Billion), 2017-2027F
Figure 15: United States Internet Penetration (% of population), 2016-2019
Figure 16: United States Painting & Drawing Kits Market Share, By Distribution Channel, By Value, 2017-2027F
Figure 17: United States Boards Market Size, By Value (USD Billion), 2017-2027F
Figure 18: United States Gross Domestic Products (Current USD), 2016-2020
Figure 19: United States Boards Market Share, By Distribution Channel, By Value, 2017-2027F
Figure 20: United States Clay & Dough Market Size, By Value (USD Billion), 2017-2027F
Figure 21: United States Number of Households, (Million), 2016-2020
Figure 22: United States Clay & Dough Market Share, By Distribution Channel, By Value, 2017-2027F
Companies Mentioned
A selection of companies mentioned in this report includes:
- Crayola LLC
- Hasbro, Inc.
- Spin Master Inc.
- Mattel, Inc.
- U.S. Toy Co., Inc.
- Tomy International, Inc.
- Channel Craft
- VTech Holdings Limited
- Fat Brain Toys, LLC
- Faber-Castell USA, Inc.