Increasing Parental Focus on Cognitive Development

Global construction toys market is anticipated to grow at a CAGR of 12.2% during the forecast period (2024-2031). The increasing emphasis of parents on early learning and multiple developmental of their child is a key factor driving the growth of the global construction toys market. These toys promote problem-solving, spatial reasoning, creativity, imagination, fine motor skills, and align with educational trends. Parents seeks toys that offer more than just entertainment, providing a fun and engaging way for children to learn and develop important cognitive skills. Therefore, the key players are taking different growth strategies such as new product launches and mergers & acquisitions to gain a major share in the market.

Browse the full report description of “Construction Toys Market Size, Share & Trends Analysis by Product (Bricks & Blocks, Tinker Toy, and Others), by Material (Wood, Polymer, Metal, and Others), by Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/construction-toys-market

Recenet developments-

• In July 2022, Mattel partnered with SpaceX to develop a line of toys and collectibles aimed at sparking children's interest in space exploration. The product line featured figures, plush toys, and building sets. This collaboration is built on Mattel's past work with Elon Musk on remote-controlled cars.

• In January 2024, Spin Master, a global children's entertainment enterprise, finalized its acquisition of Melissa & Doug, a renowned US-based brand celebrated for its early childhood play products.

• In 2022, Manor Independent School District in Texas introduced a robotics program that utilizes LEGO Education products, aiming to incorporate interactive and enjoyable learning experiences for elementary school students. The growing participation of schools in exploring the potential of these toys is further likely to drive the global market growth. 

Market Coverage

• The market number available for – 2023-203

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product

o By Material

o By Distribution Channel

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- The LEGO Group, Mattel, Inc., Spin Master Ltd., Hasbro Inc., and Learning Resources Inc. among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Construction Toys Market Report Segment

By Product

• Bricks & Blocks
• Tinker Toy
• Others (Vehicle Toys, and Puzzles)

By Material

• Wood
• Polymer
• Metal
• Others (Foam)

By Distribution Channel

• Hypermarkets & Supermarkets
• Specialty Stores
• Online
• Others (Retailer)

Global Construction Toys Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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