Educational Toy Market SWOT Analysis by 2031
The Educational Toy Market is expected to register a CAGR of 11.90% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
This educational toy market report provides an in-depth analysis of market, segmented by product type, age group, and region. It highlights key trends driving the industry, such as the increasing emphasis on STEM learning and digital integration in educational toys. Market size and growth projections are detailed, offering insights into regional demand and competitive dynamics. Stakeholders will benefit from understanding consumer preferences and emerging opportunities to innovate within this expanding sector.
Purpose of the ReportThe report Educational Toy Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Educational Toy Market Segmentation
Product Type- Building Sets
- Games and Puzzles
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
Strategic Insights
Educational Toy Market Growth Drivers- Focus on Early childhood eductation: The Educational Toy Market is growing at an accelerated pace as the focus on early childhood educational and developmental learning gathers momentum.
- Involvement of technology: Toys are increasingly encouraged as aids to the formation of cognitive, social and motor skills in children, and the involvement of technology in educational toys, especially in the form of interactive learning systems and apps is also a driver of market growth.
- Growing Emphasis in STEM: There is a growing emphasis on STEM (Science, Technology, Engineering, and Mathematics) education, especially at the pre-school stage, is driving demand for related toys to stimulate problem solving and analytical thinking.
- Environmental friendly Toys: The trend towards the use of environmentally friendly and sustainable materials reflects the mounting importance of issues such as the ecological impact consumers are growing more mindful of, while an increasing desire for toys that support different learning styles – thought to be especially suitable for neurodiverse children – including sensory toys is illustrated by next trend, i.e subscription of toys.
- Subscription-based Toys: Supplying educational toys through subscription boxes, is on the incline as consumers seek educationally-focused offers delivered regularly to their homes. This trend analysis in detail outlines the latest market dynamics, the needs of consumers in terms of products and experience, as well as the current product offerings on the market from both manufacturers and retailers. This information is invaluable for companies in determining what products and services to tweak in order to remain relevant in the market.
- Focus on Personalized Learning: Educational toys that can be tailored to a child's individual learning needs are gaining traction. Products that adapt to a child's skill level or provide personalized feedback and challenges are seen as more effective in promoting long-term learning.
- Digital Integration: With proliferation of online learning platforms, educational toys have been integrated with their digital counterpart. It creates hybrid learning experience using the best of both worlds.
- Personalisation for individual learning needs: The rising trend of personalized education is another growth opportunity for the industry Players, such as brands, can develop toy with customizable elements to suit individual learning needs.
- Emerging Markets: In addition, growth potential can be leveraged in emerging markets where families are looking towards quality educational resources. This aspirational growth category can help boost overall household consumption. This section of the report will detail opportunities, unlock market size projections in millions and billions and insightful strategies that will help companies identify and deepen new growth opportunities in the Educational Toy sector.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Educational Toy Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Educational Toy Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The educational toy market is expected to register a CAGR of 11.90% during 2023–2031
Factors impacting the Educational Toy market include increasing parental awareness of developmental benefits, a rise in screen time prompting demand for non-digital alternatives, technological advancements in toys, and the growing emphasis on STEM education, shaping purchasing decisions and market growth.
The Educational Toy Market will become more technological: more interactive and more immersive forms of play will be introduced and toy makers will become more important channels for information and expert learning. PHD Sociology essay writer: What will education in the future look like 10 20 years from now? The STEM focus continues: new forms of play will be invented that stimulate creative, imaginative and educationally oriented play and stimulate development.
Leading market players are - Atlas Games, Clementoni S p A, Goliath Games, Hasbro, The LEGO Group, ZEPHYR TOYMAKERS PVT LTD, Ravensburger AG, Vtech Holdings, Thames and Kosmos
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Educational Toy Market - By Product Type
1.3.2 Educational Toy Market - By Distribution Channel
1.3.3 Educational Toy Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EDUCATIONAL TOY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. EDUCATIONAL TOY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. EDUCATIONAL TOY MARKET - GLOBAL MARKET ANALYSIS
6.1. EDUCATIONAL TOY - GLOBAL MARKET OVERVIEW
6.2. EDUCATIONAL TOY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. EDUCATIONAL TOY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. BUILDING SETS
7.3.1. Overview
7.3.2. Building Sets Market Forecast and Analysis
7.4. GAMES AND PUZZLES
7.4.1. Overview
7.4.2. Games and Puzzles Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. EDUCATIONAL TOY MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. EDUCATIONAL TOY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Educational Toy Market Overview
9.1.2 North America Educational Toy Market Forecasts and Analysis
9.1.3 North America Educational Toy Market Forecasts and Analysis - By Product Type
9.1.4 North America Educational Toy Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Educational Toy Market Forecasts and Analysis - By Countries
9.1.5.1 United States Educational Toy Market
9.1.5.1.1 United States Educational Toy Market by Product Type
9.1.5.1.2 United States Educational Toy Market by Distribution Channel
9.1.5.2 Canada Educational Toy Market
9.1.5.2.1 Canada Educational Toy Market by Product Type
9.1.5.2.2 Canada Educational Toy Market by Distribution Channel
9.1.5.3 Mexico Educational Toy Market
9.1.5.3.1 Mexico Educational Toy Market by Product Type
9.1.5.3.2 Mexico Educational Toy Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Educational Toy Market Overview
9.2.2 Europe Educational Toy Market Forecasts and Analysis
9.2.3 Europe Educational Toy Market Forecasts and Analysis - By Product Type
9.2.4 Europe Educational Toy Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Educational Toy Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Educational Toy Market
9.2.5.1.1 Germany Educational Toy Market by Product Type
9.2.5.1.2 Germany Educational Toy Market by Distribution Channel
9.2.5.2 France Educational Toy Market
9.2.5.2.1 France Educational Toy Market by Product Type
9.2.5.2.2 France Educational Toy Market by Distribution Channel
9.2.5.3 Italy Educational Toy Market
9.2.5.3.1 Italy Educational Toy Market by Product Type
9.2.5.3.2 Italy Educational Toy Market by Distribution Channel
9.2.5.4 United Kingdom Educational Toy Market
9.2.5.4.1 United Kingdom Educational Toy Market by Product Type
9.2.5.4.2 United Kingdom Educational Toy Market by Distribution Channel
9.2.5.5 Russia Educational Toy Market
9.2.5.5.1 Russia Educational Toy Market by Product Type
9.2.5.5.2 Russia Educational Toy Market by Distribution Channel
9.2.5.6 Rest of Europe Educational Toy Market
9.2.5.6.1 Rest of Europe Educational Toy Market by Product Type
9.2.5.6.2 Rest of Europe Educational Toy Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Educational Toy Market Overview
9.3.2 Asia-Pacific Educational Toy Market Forecasts and Analysis
9.3.3 Asia-Pacific Educational Toy Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Educational Toy Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Educational Toy Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Educational Toy Market
9.3.5.1.1 Australia Educational Toy Market by Product Type
9.3.5.1.2 Australia Educational Toy Market by Distribution Channel
9.3.5.2 China Educational Toy Market
9.3.5.2.1 China Educational Toy Market by Product Type
9.3.5.2.2 China Educational Toy Market by Distribution Channel
9.3.5.3 India Educational Toy Market
9.3.5.3.1 India Educational Toy Market by Product Type
9.3.5.3.2 India Educational Toy Market by Distribution Channel
9.3.5.4 Japan Educational Toy Market
9.3.5.4.1 Japan Educational Toy Market by Product Type
9.3.5.4.2 Japan Educational Toy Market by Distribution Channel
9.3.5.5 South Korea Educational Toy Market
9.3.5.5.1 South Korea Educational Toy Market by Product Type
9.3.5.5.2 South Korea Educational Toy Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Educational Toy Market
9.3.5.6.1 Rest of Asia-Pacific Educational Toy Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Educational Toy Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Educational Toy Market Overview
9.4.2 Middle East and Africa Educational Toy Market Forecasts and Analysis
9.4.3 Middle East and Africa Educational Toy Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Educational Toy Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Educational Toy Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Educational Toy Market
9.4.5.1.1 South Africa Educational Toy Market by Product Type
9.4.5.1.2 South Africa Educational Toy Market by Distribution Channel
9.4.5.2 Saudi Arabia Educational Toy Market
9.4.5.2.1 Saudi Arabia Educational Toy Market by Product Type
9.4.5.2.2 Saudi Arabia Educational Toy Market by Distribution Channel
9.4.5.3 U.A.E Educational Toy Market
9.4.5.3.1 U.A.E Educational Toy Market by Product Type
9.4.5.3.2 U.A.E Educational Toy Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Educational Toy Market
9.4.5.4.1 Rest of Middle East and Africa Educational Toy Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Educational Toy Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Educational Toy Market Overview
9.5.2 South and Central America Educational Toy Market Forecasts and Analysis
9.5.3 South and Central America Educational Toy Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Educational Toy Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Educational Toy Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Educational Toy Market
9.5.5.1.1 Brazil Educational Toy Market by Product Type
9.5.5.1.2 Brazil Educational Toy Market by Distribution Channel
9.5.5.2 Argentina Educational Toy Market
9.5.5.2.1 Argentina Educational Toy Market by Product Type
9.5.5.2.2 Argentina Educational Toy Market by Distribution Channel
9.5.5.3 Rest of South and Central America Educational Toy Market
9.5.5.3.1 Rest of South and Central America Educational Toy Market by Product Type
9.5.5.3.2 Rest of South and Central America Educational Toy Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. EDUCATIONAL TOY MARKET, KEY COMPANY PROFILES
11.1. ATLAS GAMES
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CLEMENTONI S.P.A.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GOLIATH GAMES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HASBRO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. THE LEGO GROUP.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ZEPHYR TOYMAKERS PVT. LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RAVENSBURGER AG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. VTECH HOLDINGS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THAMES AND KOSMOS.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. JOHNCO
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Atlas Games
2.Clementoni S.p.A.
3.Goliath Games
4.Hasbro
5.The LEGO Group.
6.ZEPHYR TOYMAKERS PVT. LTD.
7.Ravensburger AG
8.Vtech Holdings
9.Thames and Kosmos.
10.Johnco
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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