Fidget Toys Market is Anticipated to Grow Rapidly by 2029 : Cognitive Market Research

Fidget toys are the substances that help children and adults self-regulate, focus attention, and participate in active listening. These can be of various shapes, sizes, and textures, and should be tailored to suit the needs of the users. These tools provide individuals with sensory input and motor movement that allows them to remain calm, stay focused, and actively participate in educational or work activities. Fidget toys are also very useful for people who need to keep their hands busy while talking on the phone or working with small children. Prevalence of stress, anxiety, depression among the general population, and rising awareness about fidget toys and their benefits are the major driving factors for the growth of the fidget toys market. For instance, according to MDPI, due to the pandemic situation, work pressure, and other reasons, many individuals are experiencing symptoms of posttraumatic stress, such as intrusive thoughts, insomnia, or nightmares. Further, the worldwide prevalence of attention-deficit hyperactivity disorder (ADHD), or hyperkinetic disorder (HKD), and increasing spending capacity is also fuelling the growth of the market. For instance, according to ADHD Institute, A mean worldwide prevalence of attention-deficit hyperactivity disorder (ADHD), or hyperkinetic disorder (HKD), of ~2.2% overall (range, 0.1-8.1%) has been estimated in children and adolescents (aged upto 18 years). In adults (aged 18-44) from a variety of nations in Asia, Europe, the Americas, and the Middle East, the mean prevalence of ADHD was reported as being 2.8% overall (range 0.6-7.3%).

Increasing investment in research and development will create remunerative opportunities for the fidget toys market. The market, however, is expected to be constrained by the potential choking hazard and distracting nature of the toys.

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Regional Analysis of Fidget Toys Market:
• North America held the largest market share, owing to the increasing spending on entertainment equipment such as toys, playground equipment, and others. Further, people are being more concerned about their child's development, which is fuelling the growth of the fidget toys market. For instance, according to the Bureau of Labor Statistics, Entertainment expenditures increased by 22.7 percent in 2021 compared to a decrease of 5.9 percent in 2020. On the other hand, Asia Pacific is estimated to be the fastest-growing region in the forecast period. This is due to the growing popularity of & awareness of child development, and also increasing per capita income

Top players involved in the Fidget Toys market:
• Lego Group
• Spin Master
• Fidgetland
• Tom's Fidgets
• FidgetDoctor
• Vivahouse
• Tangle Creations
• Think Ink
• Legacy Toys
• Others

Current Trends of Manufacturers:
• Moonbug and Smyths partnered on a new CoComelon advert (December 2022)
- Moonbug Entertainment, the global entertainment company behind some of the most popular kids' titles in the world, has created a new advert to showcase the range of CoComelon toys available at Smyths Toys Superstores this Christmas season.

• Micro Plastics India to set up a toy manufacturing facility with Rs 500 cr investment in Tamil Nadu (May 2022)
- Micro Plastic India Ltd will set up a toy manufacturing plant at Hosur in Tamil Nadu with an investment of Rs 500 crore. It is a great opportunity for the country to become one of the biggest manufacturing hubs in Asia.

Segment Analysis:
• Based on product type, the market is segmented into Calming Fidget Toys, Alerting Fidget Toys, Chewy Fidget Toys, Resistance Fidget Toys, Tactile Fidget Toys, and others. Calming fidget toys are anticipated to account for the highest market share. This is due to the easy availability and its applications for autism and ADHD.
- Calming Fidget Toys
- Alerting Fidget Toys
- Chewy Fidget Toys
- Resistance Fidget Toys
- Tactile Fidget Toys
- Others

• Further, on the basis of the material used, the market is segmented into plastic, metal, silicone, wood, and others. Silicone material held the largest market share, due to its non-toxic (bisphenol A (BPA) and bisphenol S (BPS) free) and odorless nature. in addition, Silicone material is lightweight and easy to clean.
- Plastic
- Metal
- Silicone
- Wood
- Others

• Based on the distribution channel, the market is segmented into offline and online. The offline segment held the largest market share due to the easy availability of fidget toys in hypermarkets, retail stores, shopping malls, and other places. However, the online segment is expected to grow at a significant growth rate, owing to the increasing use of smartphones, and growing digitalization.
- Offline
- Online

Related Report:
• Toys Market - https://www.cognitivemarketresearch.com/toys-market-report
• Plush Toys Market - https://www.cognitivemarketresearch.com/plush-toys-market-report
• Puzzle Toys Market - https://www.cognitivemarketresearch.com/puzzle-toys-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
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