Market revenue in 2023 | USD 319.6 million |
Market revenue in 2030 | USD 768.5 million |
Growth rate | 13.4% (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 58.45% in 2023. Horizon Databook has segmented the Japan 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 Japan is driven by several key factors, including cultural preferences, educational values, and technological advancements. In Japan, where there is a strong emphasis on education and skill development, construction toys are likely to be popular for their ability to enhance cognitive abilities, problem-solving skills, and creativity among children.
For instance, LaQ is a construction toy that encourages creativity, enhances color coordination, and develops logical and mathematical thinking through building geometric shapes. It also helps in improving concentration skills and social skills through group-building projects.
Cultural influences play a significant role in shaping toy preferences, and Japanese culture traditionally values activities that promote discipline, teamwork, and precision. Construction toys that encourage collaborative play and require attention to detail may align well with these cultural values, making them appealing to both parents and educators.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan construction toys market , including forecasts for subscribers. This country databook contains high-level insights into Japan construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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