Scope of the Study
Construction toys have become popular and have gain prominence nowadays. The main aim of bringing this concept of toys was to enhance the creativity level of the children and improve their thinking. Construction toys refer to an assembly in which set of standard pieces allow for the construction of a variety of different model. The pieces in the construction toys avoid the lead time of manufacturing of custom pieces and allow children to construct the different complex structure. High intellectual and cognitive benefits between children under different age group are expected to propel the demand for construction toys. Teacher and parents with significance for such toys which will foster creativity and spatial skill of preschool children will drive the market for the forecasted period.
The market study is being classified by Type (Traditional plates and blocks, Architecture, Tinker toys, Educational and Trains and motors), by Application (11-14 Years old, 8-10 Years old, 5-8 Years old, 3-4 Years old and 2-3 Years old) and major geographies with country level break-up.
Vtech Holding Limited (Hong Kong), Mega Bloks (Mattel, Inc.)(United States), Hasbro (United States), LEGO System A/S (Denmark), Bandai Co., Ltd. (Japan), Playmags (United States) and Melissa & Doug (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Knex (United States), Gebr. Märklin & Cie. GmbH (Germany) and Meccano (United Kingdom).
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Construction Toys market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Construction Toys market by Type, Application and Region.
On the basis of geography, the market of Construction Toys has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. If we see Market by Material Type, the sub-segment i.e. Wood will boost the Construction Toys market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Focus on Overall Childhood Development
- Advantage Associated With Construction Toys as Enhancing the Creativity Level of Children and Improving Their Thinking
- Growing Number of Online Buyers
- Rise in Adoption of Multi-Channel and Promotional Strategies by Vendor
- Rise in Popularity of Construction Toys
- Governmental Regulations Related to Materials Used for Toys
- Growing Preference from the Parents to Provide Children with both Fun and Intelligence
- Innovative Construction Toys in the Market
- Widespread Adoption of Internet and Proliferation of Smartphones Are Hampering the Market
- Concerns Over The Use of Toxic Chemical Materials in Toys and Their Adverse Effect on Children
Key Target AudienceConstruction Toys Manufacturers, Construction Toys Subcomponent Manufacturers, Construction Toys Distributors/Traders/Wholesalers, Downstream Vendors and Industry Association
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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