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North America and Europe accounted for major shares in the global traditional toys and games market, in terms of revenue, in 2016. The traditional toys and games market in North America was valued at US$ 28.73 billion in 2016 and is projected to exhibit a CAGR of 4.87% over the forecast period (2017-2025).\n

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traditional toys and games market global industry

Traditional Toys and Games Market- Global

Industry Insight, Trends, Outlook, and

Opportunity Analysis 2017-2025

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report description

REPORT DESCRIPTION

Traditional Toys and Games Market Overview

The global traditional toys and games market was valued at US$ 91.54 billion in 2016 and is expected to exhibit a

CAGR of 4.84%, in terms of revenue to reach US$ 138.61 billion by 2025. The market includes traditional toys

and games products such as outdoor and sports toys, puzzles, educational toys, construction sets and model

vehicles among others.

The market has observed a significant boost in sales in the emerging regions of the world. This can be attributed

to increasing purchasing power and per capita spend on toys by consumers in China, India, ASEAN, and Brazil.

Despite a high per capita spending on toys and games by consumers in North America and Europe, the regions are

witnessing slow growth due to growing inclination towards digital gaming. The traditional toys and games market

in North America was valued at US$ 28.73 billion in 2016 and is projected to exhibit a CAGR of 4.87% over the

forecast period (2017-2025).

Thin profit margins in the market, are preventing major players to make large investments in the market.

Companies are focused on growing their core competency in their core markets. For example, the LEGO Group is

focused on increasing its market share in the construction sets instead of expanding its product portfolio.

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report description 1

REPORT DESCRIPTION

Online sales of toys has increased rapidly over the recent past, in turn, resulting in manufacturers of toys and

games to seek partnerships with online stores. For instance, Mattel and Alibaba Group Holdings Ltd have

entered into a partnership, which allows Alibaba to sell the former company’s products online.

Among product types, the outdoor and sports toys segment is projected to be the largest segment over the

forecast period. The segment was valued at US$ 13.85 billion in 2016 and is expected to exhibit a CAGR of

5.98% over the forecast period, to reach US$ 23.18 billion by 2025.

Cross-over products, combining traditional toys and games and digital media is increasingly being observed.

The popularity of technology toys across the traditional toys and games industry is increasing. In 2014, Takara

Tomy and Huawei Technology entered into an agreement for the development of toys in China. Takara Tomy

has similar partnerships with Docomo and PlayFusion Limited.

Brand and product counterfeiting poses as a major concern for industry players. Lack of trademark protection

in emerging economies of Asia Pacific and Latin America has led to counterfeiting. Counterfeited products are

usually not manufactured with appropriate safety standards, thus posing a risk to consumers.

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report description 2

REPORT DESCRIPTION

North America and Europe accounted for major shares in the global traditional toys and games market, in terms of

revenue, in 2016. In Asia Pacific, the low purchasing power among the populace in rural areas of emerging

economies, is expected to hinder growth of the traditional toys and games market.

Major Players in the Global Traditional Toys and Games Market

Major players operating in the global traditional toys and games market include Dream International Limited,

Hasbro, Inc., Mattel, Inc., Funskool Limited, Lego A/S, Jakks Pacific Inc., Tomy Co. Ltd., LeapFrog Enterprises

Inc., Spin Master Corp., and Bandai Namco Holdings Inc.

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