Global Educational Baby Toys Market Overview:
Educational baby toys are often called instructive toys which are objects of play specially designed for children expected to evolve learning in them. These are made for educational purpose develops their literacy and numerical skills. In an average United Kingdom spend an estimate of USD 438 per child on toys per year. The rise in the development of children's mental and physical skills leads to the growing demand for educational baby toys.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising trend of eco-friendly toys made of woods
Market Growth Drivers:
Helps to develop academic, motor and cognitive skills of children
Challenges:
High Competition Between Major Players
Restraints:
Children spending more time on toys than communicating to their parents
Opportunities:
Helps to develop academic, motor and cognitive skills of children
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Melissa & Doug, LLC (United States), Fisher-Price (United States), Guangdong Zhenfeng Science and Educational Toys Co., Ltd. (China), Wenzhou Times Arts & Crafts Co. Ltd. (China), Shenzhen Apt Toys & Gifts Manufacture Co., Ltd. (China), Bandai Co., Ltd (Japan), Bruder Spielwaren (Germany), HabermaaB GmbH (Germany), YOUNGONE E & I CO., LTD. (South Korea) and Krasnokamskaya Factory Of Wooden Toys Ltd. (Russia. Analyst at AMA Research see Asia Pacific Vendors to retain maximum share of Global Educational Baby Toys market by 2030. Considering Market by Sales Channel, the sub-segment i.e. Speciality stores will boost the Educational Baby Toys market. Considering Market by Age Group, the sub-segment i.e. 0-2 years will boost the Educational Baby Toys market. Considering Market by Material, the sub-segment i.e. Plastic will boost the Educational Baby Toys market.
Latest Market Insights:
On October 12, 2023, LeapFrog, a popular educational toy brand, announced the acquisition of VTech Toys, another major player in the space. This merger is expected to create a global leader in educational toys, combining LeapFrog's interactive learning tools with VTech's expertise in technology-driven toys.
In late September 2023, Fisher-Price collaborated with National Geographic to launch a new line of STEM-focused toys inspired by the natural world. This partnership aims to spark children's curiosity and exploration through engaging play.
What Can be Explored with the Educational Baby Toys Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Educational Baby Toys Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Educational Baby Toys
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Educational Baby Toys market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Educational Baby Toys market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Toy Manufacturer, Suppliers & Distributors, New Entrance, Potential Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.