Market Overview:
The global wood toy block 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 wooden toys from children across the globe. Wooden toys are considered safe and non-toxic, which is driving their demand in the global market. Moreover, rising awareness about the benefits of wooden toys is also propelling their adoption among parents globally. Based on type, the global wood toy block market has been segmented into under 100 pieces and above 100 pieces segments. The under 100 pieces segment dominated the global wood toy block market in 2017 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to growing preference for small sized blocks by children across different age groups globally.
Product Definition:
A Wood Toy Block is a toy made out of wood. They are often used to build towers or houses, and can be painted or stained to give them a more decorative look.
Under 100 Pieces:
Under 100 pieces is a term used for small sized wooden toys, which are manufactured in order to be sold at a lower price point. The market size of this category is expected to grow rapidly over the forecast period owing to increasing consumer preference for educational and developmental toys. These products help develop spatial intelligence, problem solving ability along with creative thinking and teamwork skills in children under the age of 10 years.
Above 100 Pieces:
The Above 100 PIECES is a new term in the wood toy block market. It means toys with more than 100 pieces. The above mentioned limit is decided by the average number of pieces in a three-piece wooden set, which has been considered to be an ideal quantity for learning about building blocks.
Manufacturers have been aiming at providing their customers with high-quality products that are educational as well as provide entertainment value,.
Application Insights:
The application segment includes toys for children below 1 year, 1 to 3 years and above 3 years. The toys for children below 1 year are generally made of soft wood and the ones for kids above this age are made of hard wood. The demand from the under-1 category is expected to witness growth owing to increasing awareness about health issues among infants globally. As per a WHO study, nearly 50% babies younger than 6 months are infected with some form of bacteria due to improper hygiene conditions at home or in daycare centers. This factor is projected to increase product demand over the forecast period in near future.
Wood blocks have been considered beneficial as they promote hand-eye coordination.
Regional Analysis:
North America dominated the global wood toy block market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to high product demand, strong brand presence of major manufacturers such as Hasbro Inc., and Mattel, Inc., and a large number of retail outlets dedicated exclusively for selling these products.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels coupled with growing consumer awareness regarding safety & security issues in children's toys resulting from increased urbanization & globalization across countries such as China & India. Moreover, rising competition among key industry participants on account of entry by new companies will also drive growth during this period. For instance, in September 2018, VTech Electronics (USA) Inc.
Growth Factors:
- Increasing demand for wooden toys from the developing countries owing to the increasing disposable income of the middle-class population.
- Rising popularity of Montessori education, which uses wooden blocks for teaching children basic concepts of geometry, mathematics, and physics.
- Growing trend of DIY (Do It Yourself) among parents who want to provide their children with educational toys that help in stimulating creativity and problem-solving skills.
- Increasing awareness about the benefits of wooden toys among parents, who believe that these toys can help in improving hand-eye coordination and cognitive development in children.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Toy Block Market Research Report
By Type
Under 100 Pieces, Above 100 Pieces
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wood Toy Block Market Report Segments:
The global Wood Toy Block market is segmented on the basis of:
Types
Under 100 Pieces, Above 100 Pieces
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 Wood 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:
- Under 100 Pieces
- Above 100 Pieces
- 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 Wood 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?
Wood Toy Block is a wooden block that has different shapes and colors. It can be used to play games, learn about shapes and colors, or just for fun.
Some of the key players operating in the wood toy block market are Lego, Mega Bloks, Magformers, Haba, People, Melissa&Doug, B.Toys.
The wood toy block market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood 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. Wood 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. Wood Toy Block Market - Supply Chain
4.5. Global Wood Toy Block Market Forecast
4.5.1. Wood Toy Block Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood Toy Block Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood Toy Block Market Absolute $ Opportunity
5. Global Wood 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. Wood Toy Block Market Size and Volume Forecast by Type
5.3.1. Under 100 Pieces
5.3.2. Above 100 Pieces
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood 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. Wood 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 Wood 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. Wood 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 Wood 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. Wood 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 Wood Toy Block Demand Share Forecast, 2019-2026
9. North America Wood 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 Wood 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 Wood 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 Wood Toy Block Market Size and Volume Forecast by Type
9.7.1. Under 100 Pieces
9.7.2. Above 100 Pieces
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 Wood Toy Block Demand Share Forecast, 2019-2026
10. Latin America Wood 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 Wood 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 Wood 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 Wood Toy Block Market Size and Volume Forecast by Type
10.7.1. Under 100 Pieces
10.7.2. Above 100 Pieces
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 Wood Toy Block Demand Share Forecast, 2019-2026
11. Europe Wood 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 Wood 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 Wood 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 Wood Toy Block Market Size and Volume Forecast by Type
11.7.1. Under 100 Pieces
11.7.2. Above 100 Pieces
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 Wood Toy Block Demand Share, 2019-2026
12. Asia Pacific Wood 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 Wood 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 Wood 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 Wood Toy Block Market Size and Volume Forecast by Type
12.7.1. Under 100 Pieces
12.7.2. Above 100 Pieces
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 Wood Toy Block Demand Share, 2019-2026
13. Middle East & Africa Wood 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 Wood 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 Wood 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 Wood Toy Block Market Size and Volume Forecast by Type
13.7.1. Under 100 Pieces
13.7.2. Above 100 Pieces
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 Wood Toy Block Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood Toy Block Market: Market Share Analysis
14.2. Wood Toy Block Distributors and Customers
14.3. Wood 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
