Published on : Nov 29, 2017
Albany, New York, November 29, 2017: Construction toys are popular among growing kids and their demand has been stable since quite a while. Market Research Hub (MRH) has focused on this topic to carefully analyze its worldwide market along with prevailing trends. The research report added to the vast database of MRH is titled “Construction Toys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022”, which presents a precise analysis of diverse trends affecting the share and size of regional markets. Furthermore, the key factors driving various product types is also studied through this report.
According to key research findings, the global construction toys market is estimated to acquire a valuation of US$6,694.7 Mn by the end of 2017. Also, the market is projected to deliver a CAGR of 6.3% during 2017-2022. This research report starts with the executive summary which later moves onto market overview. Under this portion, the readers can seek details about market definition, market taxonomy as well as market dynamics. Furthermore, in-depth data about market size and forecast can also be grabbed through this section. The market scenario is actively presented with the availability of pricing analysis, supply chain and Y-o-Y growth.
Presently, the demand for construction toys is primarily driven by their vast cognitive as well as intellectual benefits associated to kids belonging to different age groups. Moreover, parents and teachers recognize the usage of these for nurturing spatial skills among pre-school kids. The later section of the report discourses the market segmentation. This intelligent report bifurcates the market on the basis of product type, age group, sales channel, material, and region. Based on product type, this report segments the concerned market into architecture, motors and trains, educational, tinker toys, traditional blocks and plates. It has been analyzed that, traditional blocks and plates segment enjoys a major share; further, it is expected to sustain its lead during the whole forecast period.
Considering the geographical spread, the report segments the worldwide market into Latin America, the Middle East and Africa (MEA), North America, Europe, Japan and Asia Pacific excluding Japan (APEJ). Among these, the APEJ region possesses the leading revenue share in the overall global market. The concluding section of the report highlights the profiles of key players, their strategies and revenue share data during the forecast period. Some of the main players studied in the report are LEGO, Mattel, Inc., Vtech, Hasbro, Mega Bloks and Bandai Co., Ltd.
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