Traditional Toys and Games Market: Industry Development Scenario And Forecast To 2027


Posted September 29, 2020 by smithjohncmi781

The global traditional toys and games market was valued at US$ 91.54 billion in 2016 and is expected to exhibit a CAGR of 4.84%, in terms of revenue to reach US$ 138.61 billion by 2025.
 
Traditional Toys and Games Market Growth Prospects, Key Vendors, Future Scenario Forecast By 2027

The recent report added to the storehouse of Coherent Market Insights namely Traditional Toys and Games Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2027 shows valuable insights related to significant market trends driving the industry. The report offers an end-to-end analysis of this market with respect to the production and consumption aspects. The report contains an examination of the realistic scenarios of the current as well as upcoming developments in the Traditional Toys and Games market during the 2020 to 2027 forecast time-frame. It attempts to introduce market players, sub-segments and sections, product category, and major improvements in the market. Key trends favoring the industry expansion as well as the major challenges limiting the revenue streams are covered in the report.

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Scope of the Traditional Toys and Games Market Report:
• The market was valued at US$ XX million in 2020 is estimated to expand at a CAGR of around xx% during the forecast period to reach US$ xx million by 2027, according to the study.
• This report focuses on the Traditional Toys and Games market, especially in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This report categorizes the market based on regions, types, and applications.

Brand and product counterfeiting poses as a major concern for industry players. Lack of trademark protection in emerging economies of Asia Pacific and Latin America has led to counterfeiting. Counterfeited products are usually not manufactured with appropriate safety standards, thus posing a risk to consumers. Toxic coatings and glues used in counterfeited toys pose a risk to consumers as the chemicals leach out over time. This may result in ingestion or inhalation of the chemicals. Trademark infringement is commonly observed in emerging economies such as India, China, and Turkey.

North America and Europe accounted for major shares in the global traditional toys and games market, in terms of revenue, in 2016. In Asia Pacific, the low purchasing power among the populace in rural areas of emerging economies, is expected to hinder growth of the traditional toys and games market.

Major Players in the Global Traditional Toys and Games Market
Major players operating in the global traditional toys and games market include Dream International Limited, Hasbro, Inc., Mattel, Inc., Funskool Limited, Lego A/S, Jakks Pacific Inc., Tomy Co. Ltd., LeapFrog Enterprises Inc., Spin Master Corp., and Bandai Namco Holdings Inc.

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Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
– What is the overall structure of the market?
– What was the historical value and what is the forecasted value of the market?
– What are the key product level trends in the market?
– What are the market level trends in the market?
– Which of the market players are leading and what are their key differential strategies to retain their stronghold?
– Which are the most lucrative regions in the market space?
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Categories Business
Tags traditional toys and games market outlook , traditional toys and games market analysis , traditional toys and games market forecast , Traditional Toys and Games Market Research
Last Updated September 29, 2020