Baby Toys Market Size, Share, Growth, and Industry Analysis, By Type (Bath, Push & Pull, Electronic Learning, Dolls and Accessories, Baby Gyms and Playmats), By Application (0-3 Months, 4-6 Months, and 7-12 Months), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

baby toys market Report Overview

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The global baby toys market size was USD 5453.15 million in 2021 and the market is projected to touch USD 8804.81 million by 2032 at a CAGR of 4.45% during the forecast period.

When not in use, baby toys can be deflated and contain air. These toys therefore require less storage space. They are also portable and lightweight. Numerous items, including inflatable balls, pools, animals, and castles, are included in inflatable toys. Due to their advantages like portability, simplicity of installation, and attractiveness, baby toys are becoming more and more well-liked among kids and parents, which is fueling the global market for baby toys market share and revenue.

COVID-19 Impact

"Market Witness Decent Growth Owing to Increased Product Demand"

The COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.

Many companies, especially the consumer goods industry, faced unexpected challenges during the COVID-19 epidemic. Global supply networks were impacted by governmental restrictions such as lockdowns, manufacturing halts, travel bans, and border restrictions. This led to a shortage of raw materials and labor, which made it difficult to produce a variety of small- and large-scale consumer goods. However, in 2020 and 2021, when kids stayed home because of school and park closures, demand for baby toys skyrocketed. Baby toy sales and brand recognition soared as parents searched for various indoor entertainment choices for their kids during the lockdown. Furthermore, the toys industry is anticipated to increase favorably over the coming years, supporting the global market share for baby toys, thanks to prompt vaccination and effective government regulations.

Latest Trends

"Integrated Marketing To Be A Noticeable Trend"

Increased marketing initiatives are a growing trend in the baby toys market that is anticipated to drive market growth over the forecast period. The vendors in the global market for baby toys employ an integrated marketing communication strategy to market and sell their goods through media including social media, magazines, and newspapers. In accordance with this strategy, a number of vendors create TV ad campaigns, which are subsequently followed by marketing initiatives such pre-roll advertisements on the internet, a significant social media and blogging program, and an interactive website.

baby toys market Segmentation

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By Type Analysis

The market can be segmented according to type Bath, Push & Pull, Electronic Learning, Dolls and Accessories, Baby Gyms and Playmats amongst which the leading segment is Bath.

By Application Analysis

The market can be divided into 0-3 Months, 4-6 Months, and 7-12 Months based on application amongst which the leading segment 0-3 Months.

Driving Factors

"Rising Dual Income to Propel Market Growth"

The region's rising proportion of dual-income homes is driving up demand for a wide variety of creative toys to keep kids occupied. Additionally, for this reason, baby toys are becoming more popular in the area. Over the course of the projection year, the demand for baby toys is also likely to rise due to the region's expanding number of kindergartens and playschools. Additionally, the region's robust e-commerce platform foundation along with the growing influence of online shopping trends are anticipated to fuel market expansion for baby toys over the forecast period.

"Flourishing E-commerce Sales to Market Growth"

Online retail offers convenience in terms of shopping and product delivery, as well as a broad selection of products and significant savings. Additionally, a lot of clients visit e-commerce portals because of the home delivery option. These factors are all accelerating the baby toys market growth.

Restraining Factors

"Hazardous Substances in To Restrict Market Growth"

The majority of baby toys, despite their growing popularity, are made of baby toys and other dangerous materials, which makes parents concerned about their quality and safety. Baby toys can jeopardize children's health since they include potentially harmful materials including lead, phenol, and phthalates. Baby toys are also pretty fragile. Even minor hits can easily pierce them, and once destroyed, they are practically useless. The perforated portion can be covered using patches, which are offered by numerous manufacturers. If the fix is not properly applied, the toys could still leak. As a result, in the upcoming years, the business may be hindered by concerns about the quality and safety of baby toys.

baby toys market Regional Insights

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"High Recreational Activities to Lead the Market Demand in North America"

The market is rapidly growing in North America as a result of the product's widespread popularity in the region, particularly for outdoor recreational activities. To raise customer knowledge of their products, manufacturers are also attempting to increase marketing spending. Because of its high level of durability, light weight, and ease of inflation and deflation, inflatable toys outlast other types of toys. The aforementioned elements are causing the market in the area to grow.

Key Industry Players

"Market Players to Employ Innovative Technology to Create Appealing Items"

Market participants are pursuing product innovation techniques to create highly unique and appealing items. They are investing much in research & development to maintain and extend their market share across many geographies.

List of Market Players Profiled

• Chicco (Italy)
• Disney (U.S.)
• Bandai Namco (Japan)
• MeeMee (India)
• Hape Wooden Toys (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.