The global Baby Toys Market size is projected to reach a CAGR of 3.97% from 2022-2028.
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.
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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.
Prominent Players
· Bandai Namco Entertainment Inc
· Hasbro
· Mattel
· LEGO System A/S
· Tomy Company, Ltd
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Asia Pacific to Dominate the 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.
Baby Toys Market Segmentation:
On the basis of Product Type
· Board Games
· Soft Toys & Dolls
· Action Toys
· Arts & Craft Toys
· Construction Toys
· Vehicles
· Musical Toys & Rattles
· Others
On the basis of Distribution Channel
· Store based
· Non store based
On the basis of End User
· Infants
· Toddlers
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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