Market revenue in 2023 | USD 493.3 million |
Market revenue in 2030 | USD 1,128.1 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 |
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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 57.47% in 2023. Horizon Databook has segmented the Indonesia construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
The market for construction toys in Indonesia is influenced by several key factors, including economic development, population demographics, and cultural preferences. Economic growth and rising disposable incomes among the middle class have been contributing to increased consumer spending on toys, including construction toys.
The demographic profile of the population also plays a crucial role in driving market dynamics and trends. With a younger population, there may be a higher demand for toys, as parents invest in products that support their children's cognitive development and creativity.
According to Indonesia Investments, in 2022, the age structure consisted of 23.87% aged 0–14 years, 68.31% aged 15–64 years, and 7.82% aged 65 and over. Construction toys, which often involve problem-solving and spatial skills, are particularly valued for their educational benefits.
Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia construction toys market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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