Toys and Games Market Projected To Touch $139.2 Billion By 2025 – Emerging Trends, Competitive Landscape, Industry Survey and Distributor Analysis | Million Insights

November 27 08:45 2020
Toys and Games Market Projected To Touch $139.2 Billion By 2025 - Emerging Trends, Competitive Landscape, Industry Survey and Distributor Analysis | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global toys & games industry report offers the most up-to-date data on current market scenario, trends and future outlook. This study provides numerous opportunities for market players to invest for research and development in the market.

The global Toys & Games Market size is projected to touch USD 139.2 billion by 2025 growing at 4.6% CAGR, as per a new report by Million Insights. The increasing number of online gaming competitions all over the world is a major factor propelling the growth of the market in the forecast period. Over the last few years, rising demand for in-licensing activities is proliferating the market growth.

Increasing demand for environment-friendly toys and games is also expected to propel the product demand in the coming years. Wood, organic cotton and cardboard are the major raw materials for manufacturing environmentally products. For example, recycled plastic milk bottles are used to make Green Toys. The company teamed up with Walmart for distribution of its products.

To download the sample pdf of Toys & Games Market Report “Please” click here: https://www.millioninsights.com/industry-reports/global-toys-games-market/request-sample

The rising number of participants of e-sports is a major factor propelling the toys & games market. Innovative games like PUBG, Fortnight, FIFA and Counterstrike are gaining traction amongst youngsters and adults. These games are not only popular in children but adults as well. 

Asia Pacific is anticipated to grow at a CAGR of 5.1% in the forecast period. Growing e-commerce channels coupled with the rising number of retail outlets is propelling the product demand and market growth in this region. North America seconded in terms of revenue, followed by Europe in 2018.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-toys-games-market

Further key findings from the report suggest:

• Video games are expected to grow at a CAGR of 5.8% in the forecast period. In 2018, the outdoor or sports segment was estimated to be USD 17.80 billion and is expected to project high growth in the forecast period.

• North America accounted for 14% of share in the total global revenue in 2018.

• Key players functioning in the industry are Mattel Inc.; Lego; Namco Bandai; Jakks Pacific and Hasbro.

• Key manufacturers are focusing on launching new products, expanding their capacity and using innovative technology to expand their product portfolio and meet the future demand patterns.

Million Insights has segmented the global toys and games market on the basis of product, application, distribution channel and region:

Toys & Games Product Outlook (Revenue, USD Billion, 2015 – 2025)
    • Puzzles
    • Preschool Toys
    • Outdoor/Sports
    • Dolls
    • Video Games
    • Others

Toys & Games Application Outlook (Revenue, USD Billion, 2015 – 2025)
    • 0 – 8 Years
    • 9 – 15 Years
    • 15 Years & Above

Toys & Games Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)
    • Offline
    • Online

Toys & Games Regional Outlook (Revenue, USD Billion, 2015 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa

Read the Latest Market Research Reports by Million Insights:

• Construction Equipment Rental Market: The global construction equipment rental market size was worth USD 92.9 billion in 2019. It is estimated to exhibit a CAGR of 4.9% from 2020 to 2027. Increasing mining and construction activities in emerging countries are attributing to the growth of the market.

• Predictive Analytics Market: The global predictive analytics market size was generated revenue of USD 5.7 billion in 2018. It is expected to witness growth with 23.2% CAGR over the forecasted years, 2019 to 2025. This growth can be associated with surging awareness about the usage of these solutions to predict the future and to develop marketing business strategies to gain higher revenue share in the market.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-toys-games-market