Global Doll
Paper, Plastics, Rubber, Wood And Textile

Doll, Toy, And Game Market Overview 2024: Size, Growth Drivers, and Major Segments

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What is the Expected Growth Rate of the Doll, Toy, And Game Market for the Period 2024 to 2033?

The market size for dolls, toys, and games has witnessed robust growth in the past few years. The market, which will see an escalation from $132.86 billion in 2023 to $145.49 billion in 2024, will have a compound annual growth rate (CAGR) of 9.5%. Factors contributing to this growth during the historical period include media and entertainment collaborations, demand during seasonal and holiday periods, globalization and licensing, influence of parents on buying decisions, and retail merchandising tactics.

The market for dolls, toys, and games is anticipated to experience significant expansion in the forthcoming years, with projections suggestive of an ascent to $207 billion by 2028 reflecting a compound annual growth rate (CAGR) of 9.2%. Factors contributing to this projected growth during the forecast period include an emphasis on diversity and inclusivity, the dominance of e-commerce, parental focus on STEM toys, social media’s influence, global toy safety standards, and the resurgence of retro and nostalgic toys. Emerging trends during the forecast period are expected to comprise eco-friendly and sustainable toys, educational and STEAM toys, collectibles and limited editions, toy subscription services, and robotics and coding toys.

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What Factors Are Responsible for the Growth of the doll, toy, and game Market?

The doll, toy and game manufacturing market stands to gain significantly from the predicted stable economic growth in both developed and developing nations. As per the International Monetary Fund (IMF), a global GDP growth of 3.3% was recorded in 2020, with further growth of 3.4% forecasted for 2021. The reemergence of commodity prices following their previous decline in the historic period is set to be an important driver of this economic growth. Consistent growth is expected for the US economy over the forecast period. Moreover, emerging markets are slated to grow at a slightly faster pace compared to their developed counterparts during the forecast period. This surge in economic growth is anticipated to prompt a boost in public and private investments, foreign direct investments and joint ventures in the end-user markets, subsequently driving the market throughout the forecast period.

Which Segments Are Important for Insight into the Doll, Toy, And Game Market?

1) By Type: Electronic Toys, Non – Electronic Toys

2) By Product Type: Games and Puzzles, Infant and Pre-School Toys, Construction Toys, Dolls and Accessories, Video Games, Other Product Types

3) By Material: Plastics, Wood, Metal, Other Materials

4) By Distribution Channel: Departmental Stores, Online, Other Distribution Channels

What Are the Significant Trends Reshaping the Doll, Toy, And Game Sector?

The utilization of NFC (near field-communication) technology in toys and games is on the rise, facilitating interaction and enhancing engagement. NFC, a wireless connectivity technology, allows a user’s phone to interact within about 4 cm and can be implemented in game controllers, consoles, physical toys and cards via stickers and inlays. By simply tapping another NFC device, users can connect their controllers and consoles for game play. Among the numerous products that employ this technology are NFC enabled game consoles, cars and board games. An example of this is Mattle’s Hot wheels id, a product that allows children to race their NFC-enabled Hot wheels on a smart track and scan their collection into a complimentary iOS app. The app functions as a virtual garage where children can monitor speed and laps through the Hot Wheels Race Portal’s infrared sensors that scans cars and links to traditional Hot Wheels tracks. NFC enabled cars are also offered by companies such as Sphero and Anki Drive.

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Which Regions Are Essential for the Growth of the Doll, Toy, And Game Market?

Asia-Pacific was the largest region in the doll, toy, and game market in 2023. Western Europe was the second largest region in the doll, toy, and game market. The regions covered in the doll, toy, and game market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Doll, Toy, And Game Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the doll, toy, and game market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Doll, Toy, And Game Market Include

1. Doll, Toy, And Game Market Executive Summary

2. Doll, Toy, And Game Market Segments

3. Doll, Toy, And Game Market Size And Template Market Growth Rate

4. Key Doll, Toy, And Game Market Trends

5. Major Doll, Toy, And Game Market Drivers

……

25. Key Mergers And Acquisitions In The Doll, Toy, And Game Market

26. Top Doll, Toy, And Game Companies

27. Doll, Toy, And Game Market Opportunities And Strategies

28. Doll, Toy, And Game Market, Conclusions And Recommendations

29. Appendix

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