What is Baby Electronic Toys?
Toys and games are used for the amusement and entertainment of children. Activity toys such as building sets, dolls, puzzles, and card games help children enhance their intellectual agility, and develop coordination and skill. These are reflected as recreational items that not only keep the kids engaged, but also train the child. Electronic toys for kids such as entertainment and hobbyist robots; electronic games; and virtual babies and pets are gaining popularity. Electronic toys allow the child to learn though having fun, which helps in increasing a positive attitude toward learning.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Fisher-Price (United States), Vtech Holdings (Hong Kong), Brevi (Italy), Chicco (Italy), Hasbro (United States), Kids II (United States) and Mothercare (United Kingdom) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Entertainment and Hobbyist Robots, Electronic Games, Virtual Babies and Pets and Other) and major geographies. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Baby Electronic Toys market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Baby Electronic Toys market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Fisher-Price (United States), Vtech Holdings (Hong Kong), Brevi (Italy), Chicco (Italy), Hasbro (United States), Kids II (United States) and Mothercare (United Kingdom).
Market Overview:
In April 2021, Chicco launched a game-changing innovation that delivers the purity of glass and the strength of plastic in one stunning bottle without flaws. ChiccoDUO™ bottles are made with an advanced, patented technology used in medical and pharmaceutical products that bonds an ultra-thin inner layer of 100% pure Invinci-glass™ to a premium plastic outer layer. This creates the first hybrid baby bottle that is unbreakable, lightweight, long-lasting, and protects your baby's milk from vital plastics. This innovative technology is utilized in a variety of products, from syringes that deliver drugs to the eye, to vials for corona vaccines that are free of extracts or leachables and can withstand very high and low temperatures.
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.
Influencing Trend:
Integration of electronics toys with new technologies, like remote-controlled
Market Growth Drivers:
Increasing entertainment spending for kids and Rising Acceptance of Digital Technology by Children
Challenges:
Rising Threat of Counterfeit Products
Restraints:
Rising Preferences for Video Game
Opportunities:
Growing Preference of App-Enabled Electronic Toys and Expanding Online Sales channel
Key highlights of the Global Baby Electronic Toys market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Baby Electronic Toys market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Baby Electronic Toys market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Baby Electronic Toys Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baby Electronic 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, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Baby Electronic Toys market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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 Manufacturers of Electronic Toys, Suppliers of Electronic Toys, Wholesalers, Distributors and Retailers of Electronic Toys, Potential Investors and Others.
This helps us to gather the data for the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.