About Learning Toys
Learning Toys now and again referred to as "instructive toys" are objects of play, typically designed for children, which are anticipated to stimulate learning. They are frequently supposed to meet an academic cause such as assisting a toddler increase a precise ability or instructing an infant about a precise subject. Learning toys consist of exercise sets, development sets, math and science kits, play dough, DIY craft kits, and theme primarily based toys associated to alphabets, animals, & numbers. Learning toys are predicted to coach and inspire understanding improvement of children.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Learning Toys 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.
Clementoni S.p.A. (Italy), Goliath Games (Netherlands), Hasbro (United States), The LEGO Group (Denmark), ZEPHYR TOYMAKERS (India), Ravensburger AG (Germany), Tomy Company (Japan), Vtech Holdings (Hong Kong), Thames & Kosmos (United States) and Atlas Games (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Simba-Dickie Group (Germany), Giochi Preziosi (Italy), Vtech (Hong Kong) and Leapfrog (United States).
Segmentation Overview
AMA Research has segmented the market of Global Learning Toys market by Type (Sports & Outdoor Toys, Games & Puzzles, Building Sets and Others) and Region.
On the basis of geography, the market of Learning Toys 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 Distribution Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Learning Toys market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age Group, the sub-segment i.e. Up to 5 years will boost the Learning Toys market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovative Robotics Toys for S.T.E.M and Smart Technology Embedded Learning Toys
Market Growth Drivers:
Better and Improved Concentration and Increase Demand of Learning Toys to Increase IQ and Promote Problem solving Skills
Challenges:
Fluctuation in Supply and Demands for toys during Pandemic
Restraints:
High Prices of Raw Material
Opportunities:
Environment Friendly Materials and Investments in R&D
Market Leaders and their expansionary development strategies
In 2021, Goliath has added to its global core portfolio of games and puzzles with the acquisition of Endless Games. “This is Goliath’s fourth North American, and eleventh global acquisition in the last seven years,” says Jochanan Golad, Goliath’s CEO. “Endless Games will continue to operate out of its New Jersey office this autumn, with plans to fully integrate into Goliath’s distribution network by Q1 2022,” says David Norman, President of Goliath’s North American office.
In April 2022, LeapFrog Enterprises, Inc., a leader in innovative educational toys for children, announced the latest additions to its award-winning infant and preschool lines, including interactive plush pals and engaging role-play toys. The new items include My Pal Scout Smarty Paws, My Pal Violet Smarty Paws™, Clean Sweep Learning Caddy and Ironing Time Learning Set.
Key Target Audience
Manufacturing of Learning Toys, Distributors and Suppliers Learning Toys, Raw Material Suppliers, Venture Capitalists and Private Equity Firms, 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.