Toys for Toddlers & Kids - NAFTA
NAFTA- In 2024, the revenue in the Toys for Toddlers & Kids market in NAFTA amounts to US$9.0bn.
- According to projections, the market is expected to grow annually by 3.39% (CAGR 2024-2029).
- The United States, within the NAFTA region, generates the highest revenue, amounting to US$8.2bn in 2024.
- When considering the total population figures, the per person revenue in the NAFTA region is US$17.73 in 2024.
- In the NAFTA market, Canadian parents are increasingly opting for educational toys that promote critical thinking and problem-solving skills for their toddlers and kids.
- Key regions:
- India,
- Worldwide,
- Italy,
- Asia,
- United States
Definition:
Toys for toddlers and kids are playthings designed for children aged between 1-10 years old. These toys are made to aid in children's development, creativity, and socialization skills. Toddler toys, such as building blocks, shape sorters, and pull toys, help in the development of motor skills and hand-eye coordination, while kid's toys, such as board games, puzzles, and action figures, help in cognitive and social development. The market for toys for toddlers and kids is driven by factors such as the desire for children to learn and develop skills while playing, the increasing focus on early childhood education, and the affordability of toys.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as LEGO, Hasbro, and Mattel. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Toy musical instruments, such as toy trum, mini keyboards, and toy trumpets
- Role-playing toys, such as toy telephones, mobile phones, TVs and sports sets designed for infants and children
- Ride-on vehicles, such as children's electric cars and wooden rocking horse
- Scientific & educational toys such as chemistry sets, educational flash cards, electricity/circuitry sets, and human anatomy replicas
Out-Of-Scope
- Musical instruments with full capabilities
- Drawing and painting sets, such as Crayola Inspiration Art Case and Melissa & Doug Deluxe Art Set
- Craft Kits like Klutz Make Clay Charms Kit and Alex Toys Simply Needlepoint Craft Kit
- Playground equipment, such as swings, slides, trampolines, climbing frames, and playhouses
- Remote control cars, such as Maisto RC cars and trucks
