Market Snapshot:
A beach toy is an object that's made for a child to play with. It includes all toys designed to be played in a pool or at the beach, as well as toys meant to be played outside with water like sprinklers, slip and slide, etc. The global beach toys market is projected to witness a considerable growth owing to increase in family vacations along beach side, increase in disposable income of consumer results in the increased purchase of beach toys
Segment Analysis
AMA Research have segmented the market of Global Beach Toys market by Type, Application and Region. On the basis of Type, Beach balls are dominating the market in the year 2020 where as Surfboards stood as second largest market share.
On the basis of geography, the market of Beach 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). Europe region held largest market share in the year 2020. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
Increasing product innovation
Market Drivers
Increase in disposable income of consumer results in the increased purchase of beach toys and Increase in family vacations along beach side
Opportunities
Different designs and innovative beach toys
Restraints
- Defects in design of beach toys
In addition to the aforementioned factor, Increase in disposable income of consumer results in the increased purchase of beach toys
is expected to propel the growth of the market over the forecast period.
The key Vendors profiled in the study are Quut (Belgium), BigMouth Inc. (United States), LUDI (France), SwimWays (United States), Mondo Toys (Italy), TBC Toys & Gifts Co.,Limited (China), Dantoy (Denmark), Habermaab GmbH (Germany), Palgrave (United Kingdom) and Artoy Industrial Limited (Hong Kong).