About Stuffed Toys
Stuffed Toys is a soft toy made of plush or cloth that is filled with fibre composites, cotton, straw, or wood wool. Stuffed toys animals are sometimes filled with coarser materials such as plastic pellets or beans. Stuffed animals are distinguished from other toys by their cuddly nature; they are frequently soft and have exaggerated features such as large eyes and short limbs to appear more appealing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Companies are exploring the market through expansions, investments, new service launches, and collaborations as their preferred strategies. Players around the world are expanding and acquiring in new geographies in order to gain a competitive advantage through collaborative efforts. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Stuffed 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.
Mattel (United States), Bandai (Japan), Lego (Germany), Hasbro (United States), Simba-Dickie Group (Germany), Spin Master Ltd (Canada), Budsies (United States), GIANT microbes (United States), Build-A-Bear Workshop, Inc. (United States) and Ty Inc. (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 Aurora World, Inc. (Canada), Teddy-Hermann GmbH (Germany), Margarete Steiff GmbH (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Stuffed Toys market by Type (Cartoon Toys, Traditional Stuffed Animals, Battery Operated, Action Figures & Model Play, Dolls & Playsets, Customizable stuffed animals, Special feature plush and puppets and Other) and Region.
On the basis of geography, the market of Stuffed Toys 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 Stuffing Toys Material, the sub-segment i.e. Synthetic toy fillings will boost the Stuffed Toys 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 stores will boost the Stuffed Toys market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age, the sub-segment i.e. 0-5 Years will boost the Stuffed Toys market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number of Online Customers
Market Growth Drivers:
Children's Cognitive and Intellectual Advantages and Increasing People's Disposable Income in Developing Countries
Challenges:
Threat of New Entrants
Restraints:
Availability of Technological Toys as a Substitute Product
Opportunities:
Increasing Demand in the Asiatic Countries and Growth in the E-commerce Industry Worldwide
Market Leaders and their expansionary development strategies
On 8th April 2022, Bandai Namco Toys & Collectibles America, Inc. has a BIG announcement with their latest collaboration! Your favorite animated characters, inspired by 21st century pop icons like BTS, are being transported to your palm via the Magic Door! The TinyTAN Tamagotchi is a must-have interactive accessory that brings you closer to the TinyTAN characters than ever before.
On 10th May 2021, Mattel Inc. has announced the launch of Mattel PlayBack, a toy takeback programme that will allow families to extend the life of their Mattel toys once they are no longer in use. The new programme is intended to recover and reuse materials from old Mattel toys for future Mattel products, and it supports the company's goal of using only recycled, recyclable, or bio-based plastics in all products and packaging.
ASTM F963, also known as "The Standard Consumer Safety Specification for Toy Safety," is one of the most common toy safety standards that must be followed. It applies to all types of toys entering the United States. According to the international standard body's guidelines, toys and children's products must adhere to a number of chemical, mechanical, and flammability standards.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Stuffed Toys Manufacturer, Stuffed Toys Distributors and Suppliers, Government Bodies, End-Users 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.