About Magnetic Puzzles
Magnetic Puzzles are an excellent way to stimulate children's intelligence and critical thinking. The puzzle will help children improve their shape concepts, visual discrimination, cognitive skills, visual memory, hand-eye coordination, openness, and divergent thinking. The puzzle is made up of large, chunky pieces that can be arranged in different patterns on the magnetic board. There are nine pieces that can be arranged to create 56 different solutions. A solution book will lead the child to various solutions to the puzzle. Magnetic puzzles come in a variety of shapes and sizes, from brightly colored pre-school magnetic puzzles to more complex magnetic puzzles involving tang rams. Magnetic puzzles make excellent gifts for kids of all ages. Magnetic Puzzles are fantastic educational toys.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Magnetic Puzzles market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Melissa and Doug (United States), Play Panda (India), Dongguan Senfutong Paper Co., Ltd. (China), Yiwu Sunmeta Technology Co., Ltd. (China), Dongguan Maghard Flexible Magnet Co., Ltd. (China), Geotoystore (United States), Mudpuppy (United States), Djeco (France), Learning Resources (United States) and SUBLIMET SOLUTIONS, SL (Spain) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Imagimake (India) and Webby (India).
Segmentation Overview
AMA Research has segmented the market of Global Magnetic Puzzles market by , Application (Kids and Adults) and Region.
On the basis of geography, the market of Magnetic Puzzles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Foam will boost the Magnetic Puzzles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Magnetic Puzzles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pattern , the sub-segment i.e. Fruits will boost the Magnetic Puzzles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Focus On The Use Of The Eco-Friendly Raw Materials
Market Growth Drivers:
Better And Improved Concentration and Increase Demand Of Magnetic Puzzles To Promote Problem Solving Skills
Challenges:
Lack Of Durability Of Magnetic Puzzles Low Quality Material and Intense Competition Among Player
Restraints:
High Prices Associated With Raw Material
Opportunities:
Benefits Offered By Magnetic Puzzles In Child's Development, The Online Revolution Of Magnetic Puzzles Games and Increasing Demand Of Magnetic Puzzles From Adults
Market Leaders and their expansionary development strategies
In December 2023 Hearst Newspapers has acquired of Puzzmo, a new collaborative puzzle games platform. The announcement was made by Hearst Newspapers President Jeffrey Johnson.
On 29 June 2021, Melissa & Doug, the purpose-driven global toy brand, and Nickelodeon announced exciting new PAW Patrol and Blue's Clues & You! co-branded toys that are available globally in stores and online now. Children who know and love these characters on-screen now have a hands-on way to interact with them off-screen, whether it's going on rescue missions with Chase or searching for clues with Blue.
Key Target Audience
Magnetic Puzzles Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.