Market Overview:
The global toy block market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global toy block market can be attributed to factors such as increasing demand for educational toys, rising disposable income of consumers, and growing trend of online shopping. Based on type, the global toy block market is segmented into plastic blocks, wood blocks, and foam/EVA blocks. Plastic blocks are expected to account for the largest share in terms of revenue in 2018 owing to their durability and low cost as compared to other types of blocks. Based on application, the global toy block market is segmented into under 1 years, 1-3 years old childrens’ age group, and above 3 years old childrens’ age group. The under 1 year olds’ age group is estimated to account for the largest share in terms of revenue in 2018 owing to increasing demand for educational toys across all regions worldwide.
Product Definition:
A toy block is a small rectangular prismatic block with flat, smooth surfaces that are usually used for building. They are commonly made of plastic, but can also be made of wood, metal, or other materials.
Plastic:
Plastic is a synthetic material that can be categorized as a polymer. It is produced from combining two elements, namely petroleum and ethylene. The most common types of plastic are polyethylene, polypropylene, polystyrene and nylon among others such as PVC & HDPE.
Wood:
Wood is the raw material used in the manufacturing of toy blocks. It can be classified as to whether it is hardwood or softwood. Hardwood includes species such as oak, maple, and rosewood; while soft wood includes species such as pine and cedar. Toy blocks made from wood are called wooden toys or wooden blocks depending upon the type of wood they are made from.
Application Insights:
In 2017, the under 1 years application segment dominated the global toy block market with a revenue share of over 60%. The demand for blocks is high in developing countries due to rising disposable incomes and increasing awareness about early development of babies. Moreover, product differentiation is also done on the basis of age group as younger babies require different types of toys than older ones.
The above 3 years application segment is expected to expand at a CAGR around 5% from 2018 to 2030 owing to changing consumer lifestyle and preference towards playing with toys that are more advanced in nature. For instance, foam blocks are highly preferred by children above three years as they can stand alone and perform simple movements such as nodding head or waving hands which provides scope for manufacturers for designing new products keeping in mind the evolving needs of consumers.
Regional Analysis:
Asia Pacific dominated the global toy block market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing birth rate and disposable income levels in developing countries, such as China and India. Moreover, rising consumer preference for educational toys will drive regional demand further.
North America is projected to grow at an exponential rate during the forecast period owing to increased awareness about early education among parents coupled with growing competition among schools regarding quality teaching staffs resulting into better academic results leading into higher admission chances for students across U.S., Canada & Mexico thereby driving up demand for learning toys including blocks over time [8].
Growth Factors:
- Increasing demand for toy blocks from the pre-school segment
- Rising popularity of themed toy block sets
- Growing trend of DIY (Do It Yourself) toys among children
- Proliferation of online retail platforms for selling toy blocks
- Introduction of new and innovative products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Toy Block Market Research Report
By Type
Plastic, Wood, Foam/EVA
By Application
Under 1 years, 1 to 3 years, Above 3 years
By Companies
Lego, Mega Bloks, Magformers, Haba, People, Melissa&Doug, B.Toys
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Toy Block Market Report Segments:
The global Toy Block market is segmented on the basis of:
Types
Plastic, Wood, Foam/EVA
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
Under 1 years, 1 to 3 years, Above 3 years
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
- Mega Bloks
- Magformers
- Haba
- People
- Melissa&Doug
- B.Toys
Highlights of The Toy Block 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
- Foam/EVA
- By Application:
- Under 1 years
- 1 to 3 years
- Above 3 years
- 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 Block 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Block is a puzzle game for iOS and Android devices. The objective of the game is to move blocks around so that toy figures can escape from a prison.
Some of the major companies in the toy block market are Lego, Mega Bloks, Magformers, Haba, People, Melissa&Doug, B.Toys.
The toy block market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Toy Block Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Toy Block Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Toy Block Market - Supply Chain
4.5. Global Toy Block Market Forecast
4.5.1. Toy Block Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Toy Block Market Size (000 Units) and Y-o-Y Growth
4.5.3. Toy Block Market Absolute $ Opportunity
5. Global Toy Block Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Toy Block Market Size and Volume Forecast by Type
5.3.1. Plastic
5.3.2. Wood
5.3.3. Foam/EVA
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Toy Block Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Toy Block Market Size and Volume Forecast by Application
6.3.1. Under 1 years
6.3.2. 1 to 3 years
6.3.3. Above 3 years
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Toy Block Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Toy Block Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Toy Block Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Toy Block Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Toy Block Demand Share Forecast, 2019-2026
9. North America Toy Block Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Toy Block Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Toy Block Market Size and Volume Forecast by Application
9.4.1. Under 1 years
9.4.2. 1 to 3 years
9.4.3. Above 3 years
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Toy Block Market Size and Volume Forecast by Type
9.7.1. Plastic
9.7.2. Wood
9.7.3. Foam/EVA
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Toy Block Demand Share Forecast, 2019-2026
10. Latin America Toy Block Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Toy Block Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Toy Block Market Size and Volume Forecast by Application
10.4.1. Under 1 years
10.4.2. 1 to 3 years
10.4.3. Above 3 years
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Toy Block Market Size and Volume Forecast by Type
10.7.1. Plastic
10.7.2. Wood
10.7.3. Foam/EVA
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Toy Block Demand Share Forecast, 2019-2026
11. Europe Toy Block Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Toy Block Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Toy Block Market Size and Volume Forecast by Application
11.4.1. Under 1 years
11.4.2. 1 to 3 years
11.4.3. Above 3 years
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Toy Block Market Size and Volume Forecast by Type
11.7.1. Plastic
11.7.2. Wood
11.7.3. Foam/EVA
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Toy Block Demand Share, 2019-2026
12. Asia Pacific Toy Block Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Toy Block Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Toy Block Market Size and Volume Forecast by Application
12.4.1. Under 1 years
12.4.2. 1 to 3 years
12.4.3. Above 3 years
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Toy Block Market Size and Volume Forecast by Type
12.7.1. Plastic
12.7.2. Wood
12.7.3. Foam/EVA
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Toy Block Demand Share, 2019-2026
13. Middle East & Africa Toy Block Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Toy Block Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Toy Block Market Size and Volume Forecast by Application
13.4.1. Under 1 years
13.4.2. 1 to 3 years
13.4.3. Above 3 years
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Toy Block Market Size and Volume Forecast by Type
13.7.1. Plastic
13.7.2. Wood
13.7.3. Foam/EVA
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Toy Block Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Toy Block Market: Market Share Analysis
14.2. Toy Block Distributors and Customers
14.3. Toy Block Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lego
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mega Bloks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magformers
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. People
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Melissa&Doug
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B.Toys
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
