Brazil Construction Toys Market Size & Outlook, 2023-2030
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Brazil construction toys market highlights
- The Brazil construction toys market generated a revenue of USD 442.7 million in 2023 and is expected to reach USD 1,008.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, bricks & blocks was the largest revenue generating product in 2023.
- Tinker Toy is the most lucrative product segment registering the fastest growth during the forecast period.
Construction toys market data book summary
| Market revenue in 2023 | USD 442.7 million |
| Market revenue in 2030 | USD 1,008.6 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Bricks & blocks |
| Fastest growing segment | Tinker Toy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bricks & Blocks, Tinker Toy |
| Key market players worldwide | Mattel Inc, Spin Master Corp Shs Subord Voting, BANDAI NAMCO Holdings Inc, Hasbro Inc, Basic Fun!, The LEGO Group, Tegu, PlayMonster, Magformers, Schylling, Polydron, Ravensburger |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.0% of the global construction toys market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil construction toys market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,008.6 million by 2030.
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Construction Toys Market Scope
Construction Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ravensburger | View profile | 5001-10000 | Ravensburg, Baden-Wurttemberg, Germany, Europe | https://www.ravensburger.de |
| Polydron | View profile | 11-50 | Cirencester, Gloucestershire, United Kingdom, Europe | https://www.polydron.co.uk/ |
| Schylling | View profile | 51-100 | North Andover, Massachusetts, United States, North America | https://schylling.com |
| Magformers | View profile | 11-50 | Crewe, Cheshire East, United Kingdom, Europe | https://magformers.co.uk |
| PlayMonster | View profile | 51-100 | Beloit, Wisconsin, United States, North America | http://www.playmonster.com/ |
| Tegu | View profile | 101-250 | Tegucigalpa, Francisco Morazan, Honduras, North America | https://www.tegu.com/ |
| Basic Fun! | View profile | 101-250 | Boca Raton, Florida, United States, North America | http://www.basicfun.com |
| The LEGO Group | View profile | 10001+ | Billund, Syddanmark, Denmark, Europe | http://www.lego.com |
| Hasbro Inc | View profile | 5502 | 1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, United States, 02861 | https://www.hasbro.com |
| BANDAI NAMCO Holdings Inc | View profile | 20054 | 5-37-8, Shiba, Minato-ku, Tokyo, Japan, 108-0014 | http://www.bandainamco.co.jp |
| Spin Master Corp Shs Subord Voting | View profile | 2400 | 225 King Street West, Suite 200, Toronto, ON, Canada, M5V 3M2 | https://www.spinmaster.com |
| Mattel Inc | View profile | 33000 | 333 Continental Boulevard, El Segundo, CA, United States, 90245-5012 | https://corporate.mattel.com |
Brazil construction toys market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction toys market will help companies and investors design strategic landscapes.
Bricks & blocks was the largest segment with a revenue share of 56.47% in 2023. Horizon Databook has segmented the Brazil construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
According to World Data Atlas, as of 2022, approximately 20.3% of Brazil's total population consisted of individuals aged 0-14 years old. With a substantial percentage of the population being children, there is likely to be a higher demand for toys in general, including construction toys.
Parents and guardians are more likely to purchase toys for their children, and construction toys, which offer both entertainment and educational value, might be particularly sought after. When it comes to toys of most kinds, consumers in Brazil are eager to follow the latest international trends.
However, with the stronger hold of domestic players and the natural barriers for imported products, many consumers are shifting to domestic toys in place of international brands. Apart from this, there is a notable preference for construction toys that replicate model cars and action figures, particularly among teenagers and adults.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil construction toys market , including forecasts for subscribers. This country databook contains high-level insights into Brazil construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil construction toys market size, by product, 2018-2030 (US$M)
Brazil Construction Toys Market Outlook Share, 2023 & 2030 (US$M)
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