Market Overview:
The global toy building blocks market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for educational toys, rising disposable income of consumers, and growing trend of DIY (Do It Yourself) among children. Based on type, the global toy building blocks market is segmented into plastic, wood, magnetic and others. Among these segments, plastic segment is expected to register highest CAGR during the forecast period owing to its properties such as durability and low cost. Moreover, increasing demand for eco-friendly toys is also propelling the growth of this segment. Based on application, the global toy building blocks market is divided into 2-year old category; 2-5 year old category; and 5+ year old category. Among these segments 2-5 year old category held majority share in 2017 and it is anticipated that this trend would continue during forecast period as well due to increase in number of working mothers across globe coupled with rising awareness about importance of early childhood education among parents/guardians .
Product Definition:
Toy Building Blocks are a type of toy that is used to help children develop their creativity and imagination. They are often used to create structures, buildings, or other objects.
Plastic:
Plastic is a synthetic material that can be molded, extruded or shaped according to the requirements. It has been used in the building block toys for many years now and it is safe to assume that they will continue to be used in the future as well. The growth factor of this market though, depends on consumer preferences and awareness regarding plastic usage.
Wood:
Wood is a renewable resource and can be replaced easily in case of deforestation. It is available at low cost, thus making it affordable for the consumers. Toy building blocks made up of wood are safe for kids as they do not have sharp edges like plastic or glass ones. These products are lightweight and easy to carry which makes them perfect for indoor as well as outdoor games.
These products can last longer than other traditional building blocks due to their durability.
Application Insights:
The for 2-year-old application segment accounted for the largest revenue share of over 40% in 2017. The growing demand from the infant care products manufacturing sector is expected to remain a prominent factor driving product demand over the forecast period. In addition, high consumerism rates and rising disposable income among parents in developing countries such as China and India are expected to further fuel industry expansion during the next seven years.
Magnetic building blocks are most commonly used by children between 2-5 years of age due to their ease of use and portability along with interactive features that stimulate a child¢â‚¬â„¢s mental development.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing product demand from U.S., which is one of the most developed countries in terms of GDP per capita and standard of living. In addition, presence of major toy manufacturing companies including Hasbro Inc.; Mattel, Inc.; and Lego Group will also contribute toward regional growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period due to rising disposable income especially in developing countries like China and India as well as growing population aged between 2-5 years old group particularly female side which will drive demand for toys including building blocks over next eight years.
Growth Factors:
- Increasing demand for toy building blocks from the pre-school and kindergarten segment.
- Rising popularity of DIY (Do It Yourself) toys among children.
- Growing trend of using toy building blocks for educational purposes in schools and homeschooling programs.
- Availability of a wide variety of toy building block sets in different shapes, colors, and sizes catering to different age groups and interests.
- Advent of new technologies such as 3D printing that can be used to create customized toy building blocks
Scope Of The Report
Report Attributes
Report Details
Report Title
Toy Building Blocks Market Research Report
By Type
Plastic, Wood, Magnetic, Others
By Application
For 2- Year Old, For 2-5 Year Old, For 5+ Year Old
By Companies
Lego, Mattel, Magformers, Haba, Hasbro, People Co., ltd., Melissa & Doug, B.Toys (Battat), Banbo, GigoToys, Guangdong Loongon, Guangdong Qman Culture Communication, ShanTou LianHuan Toys & Crafts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Toy Building Blocks Market Report Segments:
The global Toy Building Blocks market is segmented on the basis of:
Types
Plastic, Wood, Magnetic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For 2- Year Old, For 2-5 Year Old, For 5+ Year Old
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lego
- Mattel
- Magformers
- Haba
- Hasbro
- People Co., ltd.
- Melissa & Doug
- B.Toys (Battat)
- Banbo
- GigoToys
- Guangdong Loongon
- Guangdong Qman Culture Communication
- ShanTou LianHuan Toys & Crafts
Highlights of The Toy Building Blocks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Wood
- Magnetic
- Others
- By Application:
- For 2- Year Old
- For 2-5 Year Old
- For 5+ Year Old
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Toy Building Blocks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Toy Building Blocks is a toy that consists of different shaped blocks that can be assembled to create various structures.
Some of the major players in the toy building blocks market are Lego, Mattel, Magformers, Haba, Hasbro, People Co., ltd., Melissa & Doug, B.Toys (Battat), Banbo, GigoToys, Guangdong Loongon, Guangdong Qman Culture Communication, ShanTou LianHuan Toys & Crafts.
The toy building blocks market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Toy Building Blocks Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Toy Building Blocks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Toy Building Blocks Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Toy Building Blocks Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Toy Building Blocks Market Size & Forecast, 2020-2028 4.5.1 Toy Building Blocks Market Size and Y-o-Y Growth 4.5.2 Toy Building Blocks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Wood
5.2.3 Magnetic
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 For 2- Year Old
6.2.2 For 2-5 Year Old
6.2.3 For 5+ Year Old
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Toy Building Blocks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Toy Building Blocks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Wood
9.6.3 Magnetic
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 For 2- Year Old
9.10.2 For 2-5 Year Old
9.10.3 For 5+ Year Old
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Wood
10.6.3 Magnetic
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 For 2- Year Old
10.10.2 For 2-5 Year Old
10.10.3 For 5+ Year Old
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Wood
11.6.3 Magnetic
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 For 2- Year Old
11.10.2 For 2-5 Year Old
11.10.3 For 5+ Year Old
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Wood
12.6.3 Magnetic
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 For 2- Year Old
12.10.2 For 2-5 Year Old
12.10.3 For 5+ Year Old
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Wood
13.6.3 Magnetic
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 For 2- Year Old
13.10.2 For 2-5 Year Old
13.10.3 For 5+ Year Old
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Toy Building Blocks Market: Competitive Dashboard
14.2 Global Toy Building Blocks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lego
14.3.2 Mattel
14.3.3 Magformers
14.3.4 Haba
14.3.5 Hasbro
14.3.6 People Co., ltd.
14.3.7 Melissa & Doug
14.3.8 B.Toys (Battat)
14.3.9 Banbo
14.3.10 GigoToys
14.3.11 Guangdong Loongon
14.3.12 Guangdong Qman Culture Communication
14.3.13 ShanTou LianHuan Toys & Crafts