Wooden Toys Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
A toy is an object which is specially designed to train and amuse children. Wooden toys are traditional and classic form of toys that do not contain plastic, batteries, and can run hundred percentage on imagination. Diverse manufacturers use various materials such as paper, wood, plastic, and clay in order to make these toys. The wooden toys market has been undergoing rapid changes and has been witnessing consistent innovations in these products. Wooden toys are considered to be safe, as compared to other toys, as they do not possess sharp edges. These toys last long without suffering major breakages. Additionally, traditional wooden toys are manufactured from natural resources, which are mostly non-toxic and are often recycled, which makes them eco-friendly.
A major factor driving the global wooden toys market is the rising population of kids across the world. Increasing urbanization and rising awareness about the benefits of wooden toys are also fuelling the wooden toys market. Furthermore, there has been a major shift in the buying behavior for traditional toys, globally. Gradually, a significant shift toward educational toys and art & craft has been witnessed, as parents are focusing more on providing education through fun activities. However, the market is witnessing high volatility in the price of wooden toys. Which is restraining the wooden toys market.
The global wooden toys market can be classified based on product type, end-user, distribution channel, age group, and geography. Based on product type, the wooden toys market can be segregated into construction sets, dolls, miniatures, vehicles, collectibles, physical activity, puzzles, and others. In terms of age group, the market can be segmented into 0-12 month, 1-3 years, 3-5 years, 5-12 years, and more than 12 years. Based on end-user, the global wooden toys market can be classified into residential and commercial. Based on distribution channel, the wooden toys can be split into online and offline. The offline segment of the global wooden toys market can be further sub-segmented into supermarkets and hypermarkets, convenience stores, and others. Hypermarkets and supermarkets have a strong presence in the current market.
In terms of geography, the global wooden toys can be segmented into Asia Pacific, Europe, North America, South America, and Middle East & Africa. North America is expected to hold a prominent share of the global wooden toys market. The market in Asia Pacific is anticipated to expand during the forecast period due to the increasing population in emerging economies such as India and China. Europe is a key region for the wooden toys market. Most wooden toys are exported from the countries in Asia such as China and Thailand. The market in South America and Middle East & Africa is also anticipated to expand at a steady growth rate during the forecasted period.
The global wooden toys is highly fragmented with a majority of the local manufacturers accounting for a considerable share of the market. Some competitors in the value chain of the wooden toy market the key players are ABAfactory, SHENZHEN Eagle Creation Toys Co., Ltd, Aero-motion Inc., a wood expressions Inc., Challenge & fun, Inc., Fame (USA) products Inc., Woodland magic imports, Westwork Designs, plan toy, BAJO, Pepperell Braiding Company, Maple Landmark, Real Wooden Toys, Maxim Enterprise, Inc., Mattel Inc., Giochi Preziosi SpA, Hasbro Inc., Takara Tomy Co Ltd., ABAfactory, Eco Toys, China Xinyou Wooden Toys, RoyToy.com U.S.A, Melissa & Doug, The Wooden Wagon, Inc., Bella Luna Toys., Bigjigs Toys Ltd, and Mentari Group. These market players are focused on business strategies such as mergers & acquisition and geographical expansion in order to strengthen their position in the market
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.