Silicone Dolls Market REPORT OVERVIEW
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The global silicone dolls market size was USD 44 Million in 2021 and is projected to grow USD 65.24 Million by 2031, at a CAGR of 4.0% during the forecast period.
The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Silicone dolls are handmade dolls created by an artist that resembles human infants with accurate realism as possible. It is also known as reborn dolls as it looks the same as a living human baby. It was first created in the early 1990s when the doll artists wished to create more lively dolls. Since then, the industry and the population have adopted the dolls, and it becomes the primary purchase for the kids.
The manufacturing of these dolls involves various time-consuming steps. The basic process begins by taking a vinyl doll, adding physical features, adding many layers of paint, and the final finishing touch to give it a lively look. Artists are allowed to pick different brands that best suit the doll they want to create. The silicone dolls market share is expanding at a rapid pace due to the population’s steady adoption of advanced technology.
COVID-19 Impact: Demand and Supply Chain Disturbance Hindered the Market Expansion
The pandemic impacted every market and has had a long-lasting effect on its growth. The market shut down and halted construction, manufacturing of personal care products, and others, which is expected to hinder the silicone dolls market's growth. The commercial goods activities shut down globally, disrupting the product supply chain. The demand for the product could not be fulfilled due to the lower manufacturing rate of the product. The pandemic outbreak harmed the market growth.
LATEST TRENDS
"Use of Dolls for Therapy to Drive Trends in Market"
These dolls are used for various therapeutic purposes, such as for people suffering from autism or Alzheimer’s. These dolls are proven to be helpful in curing depression, Alzheimer's, and autism. These dolls also help in enhancing communication ability. Thus, it is used to cure autism among kids. It also helps in overcoming anxiety, specifically in women. It helps in curing mental illnesses of Women suffering from anxiety and depression due to the loss of a child. These factors are estimated to bolster market growth.
Silicone Dolls Market Segmentation
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- By Type Analysis
By type, the market is segmented into Silicone Doll and TPE bodies, and silicone heads.
- By Application Analysis
Based on application, the market is classified into Consumer Purchase and Offline Experience stores.
DRIVING FACTORS
"Increasing Social Media Influence of Toys to Garner Market Growth"
The key competitors emphasize on developing partnerships with various social media influencers and marketing agencies to develop content related to kids to gain a strong brand image and increase sales of the products. Moreover, the rising popularity of advanced toys is anticipated to gain more customers in the market.
"Consistently Rising Population to Bolster Product Demand"
The consistently rising population leads to more infants, which is anticipated to boost the demand for the dolls. Additionally, these dolls are made of soft material that offers kids safety and comfort. These dolls are not prone to any allergies in contact with humans. The parents of children are steadily adopting these dolls. Thus, the market is anticipated to grow in the forecast period.
RESTRAINING FACTORS
"High Cost of the Product to Hinder the Product Demand"
The manufacturing of silicone dolls is a step-by-step process and consumes a lot of time, which leads to a higher cost of the product. These dolls may cost a lot compared to other dolls, and thus, it is expected to limit the general population from buying the product. Additionally, the lifelike appearance of the doll may creep out the kid or the person. This factor is anticipated to hinder the growth of the market.
Silicone Dolls Market REGIONAL INSIGHTS
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"Presence of Consumer Goods Industries to Surge Growth in North America"
North America is estimated to be the leading region in silicone dolls market due to expanding consumer goods sector in the region coupled with the existence of huge consumer goods industries. The rising disposable income of the population is also anticipated to be the factor surging silicone dolls market growth.
Asia Pacific is expected to show sizeable growth in the global market due to the trend of having silicone dolls among young girls and kids. The expanding demand for dolls from collectors and for gifts is expected to support the growth of the region. The steady growth of the consumer goods sector in emerging countries such as India, China, and Japan is also expected to expand the silicone dolls market share. The silicone dolls have gained wide popularity in various regions of the globe, such as Asia Pacific, North America, and Europe. The population of these regions is quick to adopt new technologies, which are expected to boost the product demand in the market. These dolls have now become essential for kids. These factors are most likely to surge silicone dolls market growth.
KEY INDUSTRY PLAYERS
"Key Companies to Develop Long-Term Growth Strategies to Gain Market Share"
Key industry players try to develop new products at pocket-friendly costs to expand the market growth. Major market players emphasize on gaining collaborations with other companies to enhance their product portfolio. Companies strive to increase the production rate to deliver maximum demand in the least time. Additionally, the key companies try to develop strategies that offer long-term growth to gain maximum market share in the global market. Major players also strive to gain a competitive advantage by expanding their product applications.
List of Market Players Profiled
- Orient Industry (India)
- Abyss Creations (U.S.)
- 4woods (Japan)
- XY Doll (China)
- EXDOLL (China)
- Dongguan artificial Human Intelligent Technology (China)
- Guangdong Sino Environmental Technology (China)
- Dongguan Junying Silica Gel Products (China)
- Nanning Sanhui Model Making (China)
REPORT COVERAGE
The report covers every possible detail of the market. Global market players and their headquarters are mentioned in the report to offer details about the existing competition in the market. The report also includes an analysis of regions to explain the dominant region. The market segmentation is represented in the report to offer details about various segments. The market report provides an in-depth analysis of market share, competitive landscape, and other aspects. It has incorporated various factors that are expected to influence the silicone dolls market growth. The section also offers the details of various factors that are expected to impede the growth of the market. Market trends, drivers, and restraints are also included in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 44 Million in 2021 |
Market Size Value By |
US$ 65.24 Million by 2031 |
Growth Rate |
CAGR of 4% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the silicone dolls market expected to touch by 2031?
Based on our research, the silicone dolls market is projected to touch USD 65.24 million by 2031.
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What CAGR is the silicone dolls market expected to exhibit by 2031?
The silicone dolls market is expected to exhibit a CAGR of 4% by 2031.
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What are the segments of the silicone dolls market?
By type, the market is segmented into silicone dolls and TPE Body, and silicone heads. Based on application, the market is classified into consumer purchase and offline experience stores.
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Which are the driving factors of the silicone dolls market?
Increasing popularity of advanced toys to garner market growth and the rising population to bolster product demand are the factors driving the silicone dolls market.
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Which are the top companies operating in the silicone dolls market?
Orient Industry, Abyss Creations, 4woods, XY Doll, EXDOLL, Dongguan artificial Human Intelligent Technology, Guangdong Sino Environmental Technology, Dongguan Junying Silica Gel Products, and Nanning Sanhui Model Making are the top companies operating in the silicone dolls market.