About K 12 Instructive Toy-
Instructive Toys also known as educational toys. These type of toys are made up for to educate the children using various toys. These toys increases the learning processes and grasping power in children. These toys are used to help kids to develop their knowledge to increase their skills such as imagination, problem-solving, and creativity. These toys include Brain Breaks, Building Sets, Games & Puzzles, Sports & Outdoor activity sets, construction sets, math and science kits, etc. to encourage the knowledge development of children. These type of toys are made for the social, cognitive, physical, and emotional development of toddlers, infants, elementary, pre-schoolers, and middle school kids.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Instructive toy 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 by launching technology hence 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 K 12 Instructive Toy- 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.
Mattel Inc. (United States), Parent Co. (United States), Engino.net Ltd. (Island), Learning Resources (United States), LEGO Education (Denmark), JAKKS Pacific, Inc. (United States), Melissa & Doug (United States), MindWare, Inc. (Dubai), Ravensburger AG (Germany), Safari Ltd (United States) and Simba Dickie Group GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are VTech Electronics North America (United States), BanBao (China), Bandai Namco Holdings Inc. (Japan), GigoToys (Taiwan) and GoldLok Toys (China).
Segmentation Overview
AMA Research has segmented the market of Global K 12 Instructive Toy- market by Type (Brain Breaks, Building Sets, Games & Puzzles, Sports & Outdoor Toys and Others) and Region.
On the basis of geography, the market of K 12 Instructive Toy- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 K 12 Instructive Toy- 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. 5 years will boost the K 12 Instructive Toy- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Inclination towards the Online Shopping
Market Growth Drivers:
Increasing populations across the globe
Challenges:
High competition by unbranded and counterfeit products
Restraints:
Raw material price variation used for making toys
Opportunities:
Increasing popularity of smart toys and educational toys
Market Leaders and their expansionary development strategies
In June 2023, Newsela, the leading K-12 instructional content platform, announced that it has acquired Formative, the leading real-time instruction and assessment platform. This acquisition brings together two beloved classroom products to provide a comprehensive instructional solution that engages students and accelerates learning.
In January 2023, Propello launched to empower all schools with access to high-quality instructional tools, curricula, and teacher support. As educators face the looming challenge of closing learning gaps that grew during the pandemic, the Propello platform helps school districts provide teachers with the comprehensive curriculum, scaffolding, and insights they need to support wide-ranging student needs.
Key Target Audience
Instructive Toy Manufacturers, Producers, Government Regulatory Bodies, Private Research Organization, Venture Capitalists and Private Equity Firms, New Entrants/Investors and Analysts and Strategic Business Planners
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.