Baby Toys Market by Product Type (Board Games, Soft Toys & Dolls, Action Toys, Arts & Craft Toys, Construction Toys, Vehicles, Musical Toys & Rattles, and Others), by End User (Infants and Toddlers), by Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Specialty Stores, and Others} and Non-Store-Based), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), Baby Toys Market size is projected to reach a CAGR of 3.97% to 2028.
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A toy is an object that's made for a child to play with. Your favourite childhood toy might have been a dollhouse, a stuffed animal, or a set of blocks.
Increasing per capita disposable income and rising demand for skill developmental baby toys are some of the factors that have supported long-term expansion for Baby Toys Market.
Regional Analysis of Baby Toys Market
Asia-Pacific is anticipated to be a lucrative region for manufacturers of baby toys owing to the rising organized retail sector in the region. This growth can be further attributed to the rising demand for skill development baby toys among children in the region, which is expected to further support the growth of the Asia-Pacific baby toys market during the forecast period.
Recent Developments
In August 2022, Mattel launched Masters of the Universe Toy Collections Inspired by a Netflix animated series He-Man and The Masters of the Universe.
In August 2022, Thomas & Friends—a global preschool brand—launched a “Thomas & Friends” friendship set designed for helping pre-schoolers build socio-emotional skills.
Key Players
· Bandai Namco Entertainment Inc
· Hasbro
· Mattel
· LEGO System A/S
· Tomy Company, Ltd and More
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· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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