Construction Toys Trends and Forecast
The future of the global construction toys market looks promising with opportunities in the hypermarket & supermarket, specialty store, and online markets. The global construction toys market is expected to grow with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing awareness of the advantages of construction toys for childrenÄX%$%Xs cognitive development, parentsÄX%$%X growing emphasis on the whole development of their children, and increasing the number of dual-income households and enhancing consumer attitudes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Toys by Segment
The study includes a forecast for the global Construction Toys by product, material, distribution channel, and region.
Construction Toys Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Bricks & Blocks
• Tinker Toy
• Others
Construction Toys Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Wood
• Polymer
• Metal
• Others
Construction Toys Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Hypermarkets & Supermarkets
• Specialty Stores
• Online
• Others
Construction Toys Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Toys Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies Construction Toys companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Construction Toys companies profiled in this report include-
• Hasbro
• K’NEX
• Tegu
• Mattel
• BANDAI NAMCO Group
• Spin Master
• The LEGO Group
• PlayMonster
• KnuckleStrutz
• Magformers
Construction Toys Market Insights
Lucintel forecasts that brick and block will remain the larger segment over the forecast period due to growing consumer preference for toys that hold childrenÄX%$%Xs attention for extended periods of time.
Within this market, supermarkets and hypermarket will remain the largest segment due to guaranteed enhanced visibility of consumer goods products, alongside the convenience of instant access and availability.
North America will remain the largest region over the forecast period due to growing use of building sets and blocks in kindergartens across North America, and rising demand from classrooms, daycare facilities, schools, and education centers in the Unites States.
Features of the Global Construction Toys Market
Market Size Estimates: Construction Toys market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction Toys market size by product, material, distribution channel, and region in terms of value ($B).
Regional Analysis: Construction Toys market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, material, distribution channel, and regions for the construction toys market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction toys market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction toys market?
Answer: The global construction toys market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction toys market?
Answer: The major drivers for this market are growing awareness of the advantages of construction toys for childrenÄX%$%Xs cognitive development, parentsÄX%$%X growing emphasis on the whole development of their children, and increasing the number of dual-income households and enhancing consumer attitudes.
Q3. What are the major segments for construction toys market?
Answer: The future of the global construction toys market looks promising with opportunities in the hypermarket & supermarket, specialty store, and online markets.
Q4. Who are the key construction toys market companies?
Answer: Some of the key Construction Toys companies are as follows:
• Hasbro
• K’NEX
• Tegu
• Mattel
• BANDAI NAMCO Group
• Spin Master
• The LEGO Group
• PlayMonster
• KnuckleStrutz
• Magformers
Q5. Which construction toys market segment will be the largest in future?
Answer: Lucintel forecasts that brick and block will remain the larger segment over the forecast period due to growing consumer preference for toys that hold childrenÄX%$%Xs attention for extended periods of time.
Q6. In construction toys market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing use of building sets and blocks in kindergartens across North America, and rising demand from classrooms, daycare facilities, schools, and education centers in the Unites States.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction toys market by product (bricks & blocks, tinker toy, and others), material (wood, polymer, metal, and others), distribution channel (hypermarkets & supermarkets, specialty stores, online, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Toys Market, Construction Toys Market Size, Construction Toys Market Growth, Construction Toys Market Analysis, Construction Toys Market Report, Construction Toys Market Share, Construction Toys Market Trends, Construction Toys Market Forecast, Construction Toys Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.