Construction Toys
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Construction Toys Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Construction Toys Market Report by The Business Research Company covers construction toys market drivers and restraints, construction toys market size, major players, and the impact of covid-19 on the construction toys market.

The construction toys market consists of sales of construction toys by entities (organizations, sole traders, and partnerships) that are engaged in the production of construction toys. Construction toys are made up of a set of basic components that are supplied and configured to enable children to construct structures of their creation that can then be disassembled and redesigned into something new.

The global construction toy market is expected to grow from $8.94 billion in 2020 to $9.04 billion in 2021 at a compound annual growth rate (CAGR) of 1.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The construction toys market is expected to reach $11.52 billion in 2025 at a CAGR of 6.3%.

A rise in disposable income is expected to propel the growth of the construction toys market in the forecast period. An increase in disposable income is fuelling a healthy surge in leisure spending across the world, with an increase in disposable income, consumers are willing to invest to boost their standard of living, resulting in the purchase of a vast range of consumer products and recreational products such as toys.

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Some construction toys market trends include introduction of eco-friendly construction toys. Key players are coming up with eco-friendly and sustainable products as concerns over the safety of the raw materials used in construction toys have grown and to maintain a competitive edge over the other players.

Global construction toys market segments include:

1) By Product: Bricks & Blocks, Tinker Toy, Others

2) By Raw Material: Wood, Polymer, Metal, Others

3) By Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Construction Toys Global Market Report 2021: COVID-19 Growth And Change At:

https://www.thebusinessresearchcompany.com/report/construction-toys-global-market-report

The Construction Toys Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides construction toys market overviews, analyzes and forecasts market size, share, construction toys market players, construction toys market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The construction toys identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Construction Toys Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Vtech, LEGO, Hasbro, Mattel, Mega Bloks, Bandai Co. Ltd, Melissa & Doug, Knex, Gebr. Märklin & Cie. GmbH, Meccano, Tegu, Spin Master Ltd., PlayMonster LLC., KnuckleStrutz, Magformers, Schylling Inc., Nanoblock, Polydron Limited, and Learning Resources.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Construction Toys Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Construction Toys Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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