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Construction Toys Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)

08-08-2024 10:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: omrglobal

Global construction toys market is anticipated to grow at a CAGR of 12.2% during the forecast period (2024-2031). The increasing emphasis of parents on early learning and multiple developmental of their child is a key factor driving the growth of the global construction toys market. These toys promote problem-solving, spatial reasoning, creativity, imagination, fine motor skills, and align with educational trends. Parents seeks toys that offer more than just entertainment, providing a fun and engaging way for children to learn and develop important cognitive skills. Therefore, the key players are taking different growth strategies such as new product launches and mergers & acquisitions to gain a major share in the market.

Recent developments-

In July 2022, Mattel partnered with SpaceX to develop a line of toys and collectibles aimed at sparking children's interest in space exploration. The product line featured figures, plush toys, and building sets. This collaboration is built on Mattel's past work with Elon Musk on remote-controlled cars.
In January 2024, Spin Master, a global children's entertainment enterprise, finalized its acquisition of Melissa & Doug, a renowned US-based brand celebrated for its early childhood play products.
In 2022, Manor Independent School District in Texas introduced a robotics program that utilizes LEGO Education products, aiming to incorporate interactive and enjoyable learning experiences for elementary school students. The growing participation of schools in exploring the potential of these toys is further likely to drive the global market growth.

To Request a Sample of our Report on Construction Toys Market:  https://www.omrglobal.com/request-sample/construction-toys-market

Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product
By Material
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- The LEGO Group, Mattel, Inc., Spin Master Ltd., Hasbro Inc., and Learning Resources Inc. among others.

Construction Toys Market Report Segment

By Product

Bricks & Blocks
Tinker Toy
Others (Vehicle Toys, and Puzzles)

By Material

Wood
Polymer
Metal
Others (Foam)

By Distribution Channel

Hypermarkets & Supermarkets
Specialty Stores
Online
Others (Retailer)

A full Report of Construction Toys Market is Available @  https://www.omrglobal.com/industry-reports/construction-toys-market

Construction Toys Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles

Bandai Namco Holdings Inc.
Marklin & Cie GmbH
Learning Resources Inc.
Magformers, Inc.
Märklin & Cie. GmbH
MEGA Brands Inc.
Melissa & Doug
PlayMonster Group LLC
Polydron (UK) Ltd
Ravensburger
Schylling
Spin Master Ltd.
TEGU, Inc.
VTech Holdings Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/construction-toys-market

Contact Us:
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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