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United States Baby Toys And Games Market

United States Baby Toys And Games Market

United States Baby Toys and Games Market, By Product Type (Toys (Soft Toys, Educational Toys, Musical Toys, Activity & Skill Development Toys, Electronic Toys), Games (Interactive Games, Memory Games)); By Age (0–6 Months, 6–12 Months, 12–24 Months, 2–3 Years); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: October 2024
  • Report ID: BWC24769
  • Available Format: PDF
  • Page: 121

Report Overview

Parents’ rising disposable incomes and spending on the wellness of their children, growing awareness about child development stages, and a spurring demand for educational and interactive toys are expected to drive United States Baby Toys and Games Market during the forecast period between 2024 and 2030.

United States Baby Toys and Games Market – Industry Trends & Forecast Report, 2030

United States Baby Toys and Games Market size by value was estimated at USD 22.47 billion in 2023. During the forecast period between 2024 and 2030, United States Baby Toys and Games Market size is expected to expand at a CAGR of 4.30% reaching a value of USD 29.91 billion by 2030. United States Baby Toys and Games Market is driven by several factors, including rising disposable incomes, increased awareness of early childhood development, and technological advancements in toy manufacturing. Additionally, the growing demand for educational and interactive toys, the influence of social media and targeted advertising, and the proliferation of nuclear families contribute to market growth. The trend towards eco-friendly and sustainable toys also plays a significant role in shaping consumer preferences and driving market expansion.

United States Baby Toys and Games Market

Baby Toys and Games – Overview

Baby toys and games are designed to support early childhood development through sensory stimulation, motor skills enhancement, and cognitive growth. These products range from simple rattles and teething toys to more complex interactive and educational toys. They often feature bright colors, varied textures, and engaging sounds to capture infants' attention and encourage exploration. The market includes eco-friendly and sustainable options, reflecting growing consumer awareness of environmental impact.

United States Baby Toys and Games Market 

Growth Drivers

Parents’ Rising Disposable Incomes

An increase in parents’ disposable income across the regions is a significant growth driver for United States Baby Toys and Games Market. As parents have more money for their discretionary spending, the demand for toys that support early childhood development rises. This trend is particularly evident in countries with improving healthcare systems and economic conditions, leading to greater disposable incomes. Consequently, parents are more inclined to invest in quality toys that foster their children's growth and development.

Challenges

Economic Fluctuations

Economic fluctuations could significantly impact United States Baby Toys and Games Market. During economic downturns, consumers often reduce discretionary spending, which includes non-essential items like toys. It could lead to decreased sales and slower market growth. Additionally, inflation and rising production costs can increase prices, making toys less affordable for many families. Economic challenges could hinder the growth of United States Baby Toys and Games Market over the forecast period (2024–2030).

Impact of Escalating Geopolitical Tensions on United States Baby Toys and Games Market

Intensifying and further spreading of geopolitical tensions could adversely affect United States Baby Toys and Games Market by affecting global supply chains, leading to delays and increased costs for raw materials and manufacturing. Trade restrictions and tariffs can further inflate prices, making toys less affordable for consumers. Additionally, economic uncertainties may reduce consumer spending on non-essential items like toys. These factors collectively hinder market growth and profitability for companies in United States Baby Toys and Games Market.

United States Baby Toys and Games Market

Segmental Information

United States Baby Toys and Games Market – By Product Type

By product type, United States Baby Toys and Games Market is divided into Toys (Soft Toys, Educational Toys, Musical Toys, Activity & Skill Development Toys, and Electronic Toys) and Games (Interactive Games and Memory Games) segments. The toys segment is a larger product type in United States Baby Toys and Games Market. The segment’s dominance is due to a wide variety of playthings designed for infants and toddlers. Toys are favored due to their broad appeal of traditional toys that promote creativity and imagination. Following closely are soft toys and educational toys, which are increasingly popular for their developmental benefits, focusing on learning through play and enhancing cognitive and motor skills in young children.

United States Baby Toys and Games Market – By Age

By age, United States Baby Toys and Games Market is divided into 0–6 Months, 6–12 Months, 12–24 Months, and 2–3 Years segments. The 0–6 Months segment holds the largest market share of United States Baby Toys and Games Market by age. The segment includes soft toys, rattles, and developmental play items designed for infants. The demand for these products is driven by parents seeking to stimulate sensory development and motor skills in their newborns. With a focus on safety and educational value, manufacturers continuously innovate in this segment to meet the preferences of modern parents.

United States Baby Toys and Games Market Size

Competitive Landscape

Key players in the highly competitive United States Baby Toys and Games Market include Mattel, MGA Entertainment, Hasbro, Hamleys, Spin Master, Melissa & Doug, Little Tikes, VTech, and Brio. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Billion 

Market Coverage

United States

Product/Service Segmentation

Product Type, Age, Distribution Channel

Key Players

Mattel, MGA Entertainment, Hasbro, Hamleys, Spin Master, Melissa & Doug, Little Tikes, VTech, Brio

 

 

By Product Type

    • Toys

  1. Soft Toys

  2. Educational Toys

  3. Musical Toys

  4. Activity & Skill Development Toys

  5. Electronic Toys

    • Games

  6. Interactive games

  7. Memory games

By Age

    • 0–6 Months

    • 6–12 Months

    • 12–24 Months

    • 2–3 Years

By Distribution Channel

    • Online

    • Offline

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. United States Baby Toys and Games Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising Birth Rates
        2. Rising Disposable Income
        3. Changing Consumer Preferences
      2. Restraints
        1. Economic Fluctuations
        2. Safety Concerns
      3.  Opportunities
        1. Online Retail Growth
        2. Increasing Brand Awareness
      4. Challenges
        1. Regulatory Challenges
        2. Counterfeit Products
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. United States Baby Toys and Games Market Marketing Strategies
  5. United States Baby Toys and Games Market: Pricing Analysis
  6. United States Baby Toys and Games Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product Type
        1. Toys
          1. Soft Toys
          2. Educational Toys
          3. Musical Toys
          4. Activity & Skill Development Toys
          5. Electronic Toys
        2. Games
          1. Interactive games
          2. Memory games
      2. By Age
        1. 06 Months
        2. 612 Months
        3. 12–24 Months
        4. 23 Years
      3. By Distribution Channel
        1. Online
        2. Offline
  7. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. United States Baby Toys and Games Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  8. Impact of Escalating Geopolitical Tensions on United States Baby Toys and Games Market
  9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Mattel
    2. MGA Entertainment
    3. Hasbro
    4. Hamleys
    5. Spin Master
    6. Melissa & Doug
    7. Little Tikes
    8. VTech
    9. Brio
    10. Other Prominent Players
  10. Key Strategic Recommendations
  11. Research Methodology
    1.       Qualitative Research
      1.   Primary & Secondary Research
    2.       Quantitative Research
    3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
    4.       Breakdown of Primary Research Respondents, By Country
    5.       Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

 

Figure 1       United States Baby Toys and Games  Segmentation         

Figure 2       United States Baby Toys and Games  Market Value Chain Analysis                

Figure 3       Company Market Share Analysis, 2023         

Figure 4       United States Baby Toys and Games Market Size, By Value (USD Million), 2019–2030          

Figure 5       United States Baby Toys and Games Market Share, By Product Type, By Value, 2019–2030          

Figure 6       United States Baby Toys and Games Market Share, By Age, By Value, 2019–2030                  

Figure 7       United States Baby Toys and Games Market Share, By Distribution Channel, By Value, 2019–2030          

 

List of Tables

 

Table 1        United States Baby Toys and Games Market Size, By Value (USD Million), 2019–2030 

Table 2        United States Baby Toys and Games Market Size, By Product Type, By Value, 2019–2030 

Table 3        United States Baby Toys and Games Market Size, By Age, By Value, 2019–2030         

Table 4        United States Baby Toys and Games Market Size, By Distribution Channel, By Value, 2019–2030

Table 5        Mattel Company Overview

Table 6        Mattel Financial Overview

Table 7        MGA Entertainment Company Overview

Table 8        MGA Entertainment Financial Overview

Table 9        Hasbro Company Overview

Table 10      Hasbro Financial Overview

Table 11      Hamleys Company Overview

Table 12      Hamleys Financial Overview

Table 13      Spin Master Company Overview

Table 14      Spin Master Financial Overview

Table 15      Melissa & Doug Company Overview

Table 16      Melissa & Doug Financial Overview

Table 17      Little Tikes Company Overview

Table 18      Little Tikes Financial Overview

Table 19      VTech Company Overview

Table 20      VTech Financial Overview

Table 21      Brio Company Overview

Table 22      Brio Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: United States Baby Toys and Games Market size by value was estimated at USD 23.48 billion in 2023.
Ans: United States Baby Toys and Games Market by value is expected to grow at a CAGR of 3.80% during the forecast period between 2024 and 2030.
Ans: United States Baby Toys and Games Market size is forecast to reach a value of USD 30.37 billion by 2030.
Ans: Growth of United States Baby Toys and Games Market is primarily driven by rising disposable incomes, increasing awareness of child development, technological advancements in toys, and growing demand for educational and interactive toys.
Ans: Key players in United States Baby Toys and Games Market include Mattel, MGA Entertainment, Hasbro, Hamleys, Spin Master, Melissa & Doug, Little Tikes, VTech, and Brio.
Ans: The toys segment accounts for a higher market share of United States Baby Toys and Games Market by product type.
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