United States baby toys market
is expected to undergo a substantial growth with an impressive CAGR in the
forecast years, 2024-2028. The market growth is attributed to factors like
increasing birth rate of the country and the disposable income among the young
population of the country. United States is a developed country with population
regulations, still the recent years has seen significant rise in the number of
new-born babies in the country. Moreover, doting parents are actively involved
in the physical, mental and emotional development of their child. Thus, toys
for the babies and toddlers are surging in the United States baby toys market.
With the flood of educational, electronic and stuff toys in the market, the
market is anticipated to grow in the upcoming five years. Moreover, growing
number of dual-income household have both the parents working, in such
instances, the parents tend to equate their own absence with the abundance of
toys and gifts for their kids while they are with their nannies. Also, in the
competitive times, where the system demands advance development of the
children, educational toys tend to help with the mental and logical mind growth
of the children, thus driving the growth of the market. Baby toys are often
made of child-safe material. They are expected to be of good quality as well as
help child build his physical, mental and emotional strength from a young age.
Baby toys are categorized based on material, type, and kind.
The United States baby toys
market is segmented on the basis of product type, material type, age, sales
channel, regional distribution, and competitional landscape. Based on product
type, the market is further segmented into electronic, soft, educational, and others.
Soft baby toys are anticipated to hold the largest segment of the market
revenue. The growth can be attributed to the rising demand of soft toys like
stuffed cartoon characters and stuffed animals, etc. Moreover, educational toys
are also anticipated to register the fastest growth in the upcoming five years
on the account of the demand of educational toys that are relevant for the
child’s mental, physical and emotional development. Electronic toys are
anticipated to hold the significant shares of the market on the account of
advancing technological development in the play toys and flooding of the market
with the electronic toys like toy cars, battery yielding dolls, etc.
Holding the largest shares of
the United States baby toys market, a partial list of major market players
includes The Walt Disney Company, Hasbro, Inc., Mattel, Inc., The LEGO Group, Funko
Inc., Spin Master, among others. The leading market players are actively
utilizing advanced technologies to provide advance techniques and value
proposition to gain control over the revenue shares of the market.
International brands may form partnerships with the local manufacturers and
distributors for the expansion of their businesses in the country. Major market
players are using smartphone proliferation, nuclear households, and humongous
amount of targeted media content as major factors to advertise their products
and reach a wider consumer audience in the United States baby toys market. Moreover,
the inclusion of technological developments such as immersive experiences of
virtual and augmented reality will have a positive impact on the market.
Objective
of the Study:
- To analyze the historical
growth of the market size of United States baby toys market from 2018 to 2021.
- To estimate and forecast the market size of United
States baby toys market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast United States baby toys market based on product
type, material type, age, sales channel, competitional landscape, and
regional distribution.
- To identify dominant region or segment in the United
States baby toys market.
- To identify drivers and challenges for United
States baby toys market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
States baby toys market.
- To identify and analyze
the profile of leading players operating in United States
baby toys market.
- To identify key sustainable strategies adopted
by market players in United States baby toys market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers, suppliers, and service providers
across the country. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufactures which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market
size of United States baby
toys market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Baby toys manufacturers, end users, and other
stakeholders
- Distributers and suppliers of the products and other
stakeholders
- Organizations, forums, and alliances related to baby
toys products
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2022
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Historical Years
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2018 – 2021
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Estimated Year
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2023E
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Forecast Period
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2024F – 2028F
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2023E-2028F
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Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments Covered
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·
Material Type
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Product Type
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Age
·
Sales Channel
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Region Scope
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South-Region, West-Region, Mid-West Region & Northeast-Region
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Key Companies Profiled
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The Walt Disney Company, Hasbro, Inc., Mattel, Inc., The LEGO
Group, Funko Inc., Spin Master
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United States baby toys market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United States Baby Toys Market, By Material Type:
- Cotton
- Plastic
- Silicon
- Foam
- United States Baby Toys Market, By Product
Type:
o Electronic
o Soft
o Educational
o Others
- United States Baby Toys Market, By Age:
o Infant (0-12 Months)
o Toddlers (1 year - 3 years)
o Pre-Schoolers (3 years &
Above)
- United States Baby Toys Market, By Sales
Channel:
- Exclusive Store
- Hypermarket/Supermarket
- Retail Stores
- Online
- Others
- United States Baby Toys Market, By
Region:
- South West
- Mid-West
- North East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States baby toys market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United States Baby Toys Market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]