Global Construction Toys Market: Overview
Along with various children generations, construction toys were popular and also have gain prominence nowadays. The main aim of bringing the concept of construction toys is—mainly, construction is all about assembly, where a sequence of necessary components is given, and children are required to design and create objects. In short, construction toys enhance the creativity level of children and improving their thinking. Hence, construction is considered as creative keeping the child in control. Gradually, due to all these reasons, the construction toys were commercialized and grabbed significant attraction from till date, spurred by toy industry too.
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Global Construction Toys Market: Growth Factors
Increasing construction toys demand is majorly owing to their high intellectual and cognitive benefits between children under different age groups. Teachers and parents are familiar with the significance of such toys in order foster creative and spatial skills of pre-school children. Additionally, increasing construction toys use among children for enhancing their proper learning abilities is another major factor propelling the global construction toys market. A major focus of manufacturers to come up with novel designs and shapes allowing children to come up with numerous new ideas constructions is anticipated to boost the growth of the global construction toys market in the coming years. All these factors are anticipated to provide numerous growth opportunities to the global construction toys market players in the near future.
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Global Construction Toys Market: Segmentation
The global construction toys market is segmented on the basis of product type, age group, and material type used. On the basis of product type, the global construction toys market is classified as traditional plates and blocks, architecture, tinker toys, educational, and trains and motors. The trains and motors segment is anticipated to witness high growth comparatively in future mainly owing to increasing construction toys demand due to rising popularity of traditional plates and blocks among toddlers. Based on the age group, the global construction toys market is diversified as above 14 years, 11–14, 8–10, 5–8, 3–4, and 2–3. On the basis of sales channel, the global construction toys market is divided as e-commerce, super/hypermarket, departmental stores, franchised outlets, and others. Further, on the basis of the material type used in making toys, the global construction toys market is classified as wood, metal, plastic, and others.
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Global Construction Toys Market: Regional Analysis
The Asia Pacific is anticipated to dominate the global construction toys market and is expected to continue this trend in the near future. The significant growth of Asia Pacific is majorly due to the region grabbing considerable market share in terms of revenue in the global market. Furthermore, the growth of the global construction toys market is mainly propelled by the growing construction toys among kids from various age groups.
Global Construction Toys Market: Competitive Players
Some of the major players dominating the global construction toys market include Vtech, LEGO, Hasbro, Mattel, Inc., Mega Bloks, Bandai Co., Ltd., Melissa & Doug, Knex, Gebr. Märklin & Cie. GmbH, and Meccano.
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