Toys for Toddlers & Kids - Worldwide
Worldwide- In 2024, the revenue in the Toys for Toddlers & Kids market worldwide amounts to a staggering US$27.6bn.
- This market is projected to experience an annual growth rate of 2.34% from 2024 to 2029, as calculated by the Compound Annual Growth Rate (CAGR).
- When comparing the global market, United States stands out as the leading revenue generator, with a substantial US$8.2bn in 2024.
- This highlights the significant contribution of the US market to the global Toys for Toddlers & Kids market industry.
- To put things into perspective, in 2024, the per person revenues in this market segment amount to US$3.56 when considering the total population worldwide.
- This figure provides insight into the individual spending on toys for toddlers and kids across different countries.
- In the United States, the current trend in the toys for toddlers and kids market is a growing demand for educational and STEM-focused toys.
- Key regions:
- India,
- Italy,
- Asia,
- United States,
- United Kingdom
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
