China Construction Toys Market Size & Outlook, 2023-2030
China construction toys market, 2018-2030 (US$M)
Related Markets
China construction toys market highlights
- The China construction toys market generated a revenue of USD 859.9 million in 2023 and is expected to reach USD 1,937.0 million by 2030.
- The China market is expected to grow at a CAGR of 12.3% 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 859.9 million |
| Market revenue in 2030 | USD 1,937.0 million |
| Growth rate | 12.3% (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, China accounted for 5.8% 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 Asia Pacific, China construction toys market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,793.2 million by 2030.
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Construction Toys Market Scope
Construction Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 56.48% in 2023. Horizon Databook has segmented the China construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
There is a growing demand for toys that stimulate creativity and problem-solving skills among children. Construction toys, such as building blocks and model sets, provide an engaging and educational way for children to explore concepts related to architecture, engineering, and design.
According to an article on Union Source, a merchandise procurement company, in 2023, China holds the title of the world's foremost producer and exporter of toys, accounting for over 70% of the global market. The toy industry stands out as a highly lucrative export sector for China, boasting a staggering six million toy factories of varying sizes.
These factories collectively manufacture an extensive range of toys, including plastic, alloy, plush, and wooden varieties. Notably, each factory has the capacity to introduce 10 or more new products annually.
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Our clientele includes a mix of construction toys market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China construction toys market , including forecasts for subscribers. This country databook contains high-level insights into China construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China construction toys market size, by product, 2018-2030 (US$M)
China Construction Toys Market Outlook Share, 2023 & 2030 (US$M)
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