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Global Construction Toys Market to Grow the Value of US$9,089.7 by 2022
The vast inroad made by digital technologies has caused a marked slump in demand for physical toys for kids in recent years. However, construction toys have weathered the storm with their substantial demand sustained by a range of cognitive, developmental
(EMAILWIRE.COM, January 25, 2018 ) The report on the global construction toys market offers in-depth insights into key market dynamics, detailed raw material sourcing strategy, supply chain dynamics and cost structure, and recent product innovations. The study provides a critical evaluation of various trends affecting the demand among children of different ages and evaluates the factors expected to open up exciting avenues in the coming years. The research presents a detailed analysis of trends affecting the share and size of regional markets and highlights the key factors driving various product types. In addition, the study takes a closer look at the market demand in various sales channel and explores the competitive scenario for these channels in major regions. The evidence-based insights help market participants to ascertain the competitive intensity over the forecast period (2017–2022)
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The global construction toys market estimated valuation is US$6,694.7 Mn by the end of 2017. The market is projected to clock a CAGR of 6.3% during 2017–2022 and reach US$9,089.7 by the end of the forecast period.
Global Construction Toys Market: Dynamics
The global construction toys market report offers a detailed assessment of notable drivers and restraining factors, prominent trends, and competitive landscape. It provides an insight into the share and size of various product segments and material types across different age-groups and the factors influencing their demand in various regional markets. The study offers a comparative analysis of the changing share of these segments by capturing year-over-year (YoY) growth statistics during the historical period of 2012–2017.
The demand for construction toys is mainly driven by their vast cognitive and intellectual benefits among kids of various age groups. Parents and teachers recognize the importance of these for fostering spatial and creative skills among pre-school kids. In addition, the rising use of construction toys among adult kids for boosting their formal learning capabilities is a key factor accentuating the market. In recent years, a number of toy manufacturers have focused on bringing new shapes and design options that allow kids to create an array of innovative constructions. This is expected to open a number of exciting avenues for market players to capitalize on during the forecast period.
Browse Full Report With TOC @ https://www.mrrse.com/construction-toys-market
Global Construction Toys Market: Segmentation
The report segments the global construction toys market on the basis of product type, age group, sales channel, material, and region.
Based on product type, the report segments the market into architecture, traditional blocks and plates, educational, tinker toys, and motors and trains. Of these, the traditional blocks and plates segment dominates the market and is expected to retain its lead throughout the forecast period. The segment is expected to rise at the leading absolute growth annually over the assessment period. The growth of the segment is mainly fueled by the vastly rising demand of construction toys based on traditional blocks and plates for toddlers.
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On the basis of age group, the report segments the market into 2-3, 3-4, 5-8, 8-10, 11-14, and above 14 years. Based on sales channel, the report divides the overall market into hyper/super market, e-commerce, franchised outlets, departmental stores, and others.
Based on type of material used to make toys, the report segments the market into plastic, metal, wood, and others.
Based on region, the report segments the global market into Latin America, North America, the Middle East and Africa (MEA), Europe, Asia Pacific excluding Japan (APEJ), and Japan. Of these, the APEJ holds the leading revenue share of the global market and is projected to retain its lead throughout the assessment period. The growth is primarily driven by the burgeoning demand for construction toys among kids of all age groups.
Companies profiled in the report are:
The report offers an elaborate profiling of key players, the strategies adopted by them to consolidate their shares, and revenue share and size along the forecast period. Some of the key players profiled in the study are LEGO, Vtech, Mattel, Inc., Hasbro, Bandai Co., Ltd., Mega Bloks, Knex, Melissa & Doug, Meccano, and Gebr. Märklin & Cie. GmbH.
Enquiry about this Report @ https://www.mrrse.com/enquiry/3889
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Market Research Reports Search Engine(MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
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Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website : https://www.mrrse.com/
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Click here For Free Sample Report @ https://www.mrrse.com/sample/3889
The global construction toys market estimated valuation is US$6,694.7 Mn by the end of 2017. The market is projected to clock a CAGR of 6.3% during 2017–2022 and reach US$9,089.7 by the end of the forecast period.
Global Construction Toys Market: Dynamics
The global construction toys market report offers a detailed assessment of notable drivers and restraining factors, prominent trends, and competitive landscape. It provides an insight into the share and size of various product segments and material types across different age-groups and the factors influencing their demand in various regional markets. The study offers a comparative analysis of the changing share of these segments by capturing year-over-year (YoY) growth statistics during the historical period of 2012–2017.
The demand for construction toys is mainly driven by their vast cognitive and intellectual benefits among kids of various age groups. Parents and teachers recognize the importance of these for fostering spatial and creative skills among pre-school kids. In addition, the rising use of construction toys among adult kids for boosting their formal learning capabilities is a key factor accentuating the market. In recent years, a number of toy manufacturers have focused on bringing new shapes and design options that allow kids to create an array of innovative constructions. This is expected to open a number of exciting avenues for market players to capitalize on during the forecast period.
Browse Full Report With TOC @ https://www.mrrse.com/construction-toys-market
Global Construction Toys Market: Segmentation
The report segments the global construction toys market on the basis of product type, age group, sales channel, material, and region.
Based on product type, the report segments the market into architecture, traditional blocks and plates, educational, tinker toys, and motors and trains. Of these, the traditional blocks and plates segment dominates the market and is expected to retain its lead throughout the forecast period. The segment is expected to rise at the leading absolute growth annually over the assessment period. The growth of the segment is mainly fueled by the vastly rising demand of construction toys based on traditional blocks and plates for toddlers.
Check Discount @ https://www.mrrse.com/checkdiscount/3889
On the basis of age group, the report segments the market into 2-3, 3-4, 5-8, 8-10, 11-14, and above 14 years. Based on sales channel, the report divides the overall market into hyper/super market, e-commerce, franchised outlets, departmental stores, and others.
Based on type of material used to make toys, the report segments the market into plastic, metal, wood, and others.
Based on region, the report segments the global market into Latin America, North America, the Middle East and Africa (MEA), Europe, Asia Pacific excluding Japan (APEJ), and Japan. Of these, the APEJ holds the leading revenue share of the global market and is projected to retain its lead throughout the assessment period. The growth is primarily driven by the burgeoning demand for construction toys among kids of all age groups.
Companies profiled in the report are:
The report offers an elaborate profiling of key players, the strategies adopted by them to consolidate their shares, and revenue share and size along the forecast period. Some of the key players profiled in the study are LEGO, Vtech, Mattel, Inc., Hasbro, Bandai Co., Ltd., Mega Bloks, Knex, Melissa & Doug, Meccano, and Gebr. Märklin & Cie. GmbH.
Enquiry about this Report @ https://www.mrrse.com/enquiry/3889
About Us
Market Research Reports Search Engine(MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States
Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website : https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
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MRRSE
Bharat Tulyani
Tel: +1-518-730-0559
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results