Construction Toys Market Size to grow by USD 1.23 Billion, Driven by Increased Focus of Parents on Overall Childhood Development -Technavio


NEW YORK, Aug. 8, 2022 /PRNewswire/ — The “Construction Toys Market” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The construction toys market share is expected to increase to USD 1.23 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 2.79%. Technavio categorizes the construction toys market as a part of the global leisure products industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction toys market during the forecast period.

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Construction Toys Market – Key Market Dynamics

  • Market Driver – The key factor driving the global construction toys market growth is the increased focus of parents on overall childhood development. Parents are looking for ways to engage them in different physical activities as children are getting addicted to computers, TVs, and cell phones. Construction toys help the children engage in physical and mental activities, thereby improving their imagination and social skills. Vendors are introducing many innovative construction toys for kids, such as building blocks, construction vehicle model toys, and city building toys. The increased focus of parents on inculcating problem-solving and constructive skills in children has fueled the demand for construction and building toys. This will drive the growth of the market focus during the forecast period.
  • Market Challenges – The key challenges to the global construction toys market growth is the presence of counterfeit products. The advent and penetration of e-commerce further propel the sales of counterfeit products by widening their geographical reach. These products also lead to market fragmentation, lack of price standardization, decrease in margins of branded players, reduction in brand equity of major players, uneven competitive scenario, and market share erosion. Some of the most counterfeited brands present in the market are Disney toys and Mattel toys. In addition, counterfeit toys can lead to health issues among children.

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Construction Toys Market – Segmentation Analysis

The construction toys market report is segmented by Distribution Channel (Offline and Online) and Geography (APAC, North America, Europe, South America, and the Middle East and Africa).  

  • Revenue Generating Segment – The construction toys market share growth in the offline segment will be significant for revenue generation. The offline distribution channel generates revenue from the sales of products through specialty stores, hypermarkets, supermarkets, convenience stores, and clubhouse stores, and department stores. Vendors are expanding their stores in local and regional markets which will further drive the segment growth. In 2021, The LEGO Group opened 165 new LEGO branded brick-and-mortar stores globally, bringing the total number of LEGO branded stores to 832 worldwide. 
  • Regional Analysis – 43% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for construction toys in APAC. However, market growth in this region will be slower than the growth of the market in the MEA. The rising demand for premium and branded construction toys in countries such as China, Japan, and India will facilitate the construction toys market growth in APAC over the forecast period

Grab a sample report for additional insights into the contribution of all the segments & regional opportunities.

Construction Toys Market – Vendor Analysis

The construction toys market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

    • 4M Industrial Development Ltd.
    • All Star Learning Inc.
    • Bandai Namco Holdings Inc.
    • BASIC FUN Inc.
    • Elenco Electronics Inc.
    • Evertoys Srl
    • Fat Brain Holdings LLC
    • Hasbro Inc.
    • Learning Resources Ltd.
    • LEGO System AS
    • Magformers LLC
    • Mattel Inc.
    • Melissa and Doug LLC
    • PlayMonster LLC
    • Ravensburger AG
    • Simba Dickie Group GmbH
    • Smartivity Labs Pvt. Ltd.
    • Spin Master Corp.
    • TOMY Co. Ltd.
    • VTech Holdings Ltd.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

The competitive scenario provided in the Construction Toys Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don’t wait, Make a strategic approach & boost your business goals with our Construction Toys Market Forecast Report – Buy Now!

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Construction Toys Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.79%

Market growth 2022-2026

USD 1.23 billion

Market structure

Fragmented

YoY growth (%)

2.62

Regional analysis

APAC, North America, Europe, South America, Middle East, and Africa

Performing market contribution

APAC at 43%

Key consumer countries

US, China, Japan, France, and the UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

4M Industrial Development Ltd., All Star Learning Inc., Bandai Namco Holdings Inc., BASIC FUN Inc., Elenco Electronics Inc., Evertoys Srl, Fat Brain Holdings LLC, Hasbro Inc., Learning Resources Ltd., LEGO System AS, Magformers LLC, Mattel Inc., Melissa and Doug LLC, PlayMonster LLC, Ravensburger AG, Simba Dickie Group GmbH, Smartivity Labs Pvt. Ltd., Spin Master Corp., TOMY Co. Ltd., and VTech Holdings Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered:

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market Definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 24: Chart on Distribution Channel – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Distribution Channel – Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 26: Chart on Comparison by Distribution Channel
    • Exhibit 27: Data Table on Comparison by Distribution Channel
  • 5.3 Offline – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Offline – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Offline – Year-over-year growth 2021-2026 (%)
  • 5.4 Online – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Online – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Online – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.5 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on the Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on the Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on the US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Japan – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.11 France – Market size and forecast 2021-2026
    • Exhibit 74: Chart on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on France – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France – Year-over-year growth 2021-2026 (%)
  • 7.12 UK – Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 4M Industrial Development Ltd.
    • Exhibit 89: 4M Industrial Development Ltd. – Overview
    • Exhibit 90: 4M Industrial Development Ltd. – Product / Service
    • Exhibit 91: 4M Industrial Development Ltd. – Key offerings
  • 10.4 All Star Learning Inc.
    • Exhibit 92: All Star Learning Inc. – Overview
    • Exhibit 93: All Star Learning Inc. – Product / Service
    • Exhibit 94: All Star Learning Inc. – Key offerings
  • 10.5 Bandai Namco Holdings Inc.
    • Exhibit 95: Bandai Namco Holdings Inc. – Overview
    • Exhibit 96: Bandai Namco Holdings Inc. – Business segments
    • Exhibit 97: Bandai Namco Holdings Inc. – Key offerings
    • Exhibit 98: Bandai Namco Holdings Inc. – Segment focus
  • 10.6 Hasbro Inc.
    • Exhibit 99: Hasbro Inc. – Overview
    • Exhibit 100: Hasbro Inc. – Business segments
    • Exhibit 101: Hasbro Inc. – Key news
    • Exhibit 102: Hasbro Inc. – Key offerings
    • Exhibit 103: Hasbro Inc. – Segment focus
  • 10.7 Learning Resources Ltd.
    • Exhibit 104: Learning Resources Ltd. – Overview
    • Exhibit 105: Learning Resources Ltd. – Product / Service
    • Exhibit 106: Learning Resources Ltd. – Key offerings
  • 10.8 LEGO System AS
    • Exhibit 107: LEGO System AS – Overview
    • Exhibit 108: LEGO System AS – Product / Service
    • Exhibit 109: LEGO System AS – Key news
    • Exhibit 110: LEGO System AS – Key offerings
  • 10.9 Melissa and Doug LLC
    • Exhibit 111: Melissa and Doug LLC – Overview
    • Exhibit 112: Melissa and Doug LLC – Product / Service
    • Exhibit 113: Melissa and Doug LLC – Key offerings
  • 10.10 Ravensburger AG
    • Exhibit 114: Ravensburger AG – Overview
    • Exhibit 115: Ravensburger AG – Product / Service
    • Exhibit 116: Ravensburger AG – Key offerings
  • 10.11 Simba Dickie Group GmbH
    • Exhibit 117: Simba Dickie Group GmbH – Overview
    • Exhibit 118: Simba Dickie Group GmbH – Product / Service
    • Exhibit 119: Simba Dickie Group GmbH – Key offerings
  • 10.12 VTech Holdings Ltd.
    • Exhibit 120: VTech Holdings Ltd. – Overview
    • Exhibit 121: VTech Holdings Ltd. – Business segments
    • Exhibit 122: VTech Holdings Ltd. – Key offerings
    • Exhibit 123: VTech Holdings Ltd. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 124: Inclusions checklist
    • Exhibit 125: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 126: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 127: Research methodology
    • Exhibit 128: Validation techniques employed for market sizing
    • Exhibit 129: Information sources
  • 11.5 List of abbreviations
    • Exhibit 130: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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