South Africa Construction Toys Market Size & Outlook
South Africa construction toys market, 2018-2030 (US$M)
Related Markets
South Africa construction toys market highlights
- The South Africa construction toys market generated a revenue of USD 196.3 million in 2023 and is expected to reach USD 464.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.1% 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 196.3 million |
| Market revenue in 2030 | USD 464.0 million |
| Growth rate | 13.1% (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, South Africa accounted for 1.3% 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 Middle East & Africa, South Africa construction toys market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 464.0 million by 2030.
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Construction Toys Market Scope
Construction Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 59.45% in 2023. Horizon Databook has segmented the South Africa construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
The educational benefits associated with construction toys play a significant role in driving product demand in South Africa. Parents and educators recognize the importance of fostering cognitive and motor skills development in children during their formative years.
Construction toys, such as building blocks and kits, provide a hands-on and creative learning experience, enhancing spatial awareness, problem-solving abilities, and fine motor skills. For instance, BrainPlay offers a range of construction toys that aid in problem-solving, spatial reasoning, and fine motor skill development.
Magnetic construction toys are gaining popularity in South Africa, with brands like PLAYMAGS offering sets like the Magnetic Tile Clear Colour 100 Pieces and PlayMags Magnetic Tiles Megaset. These magnetic toys stimulate creativity and spatial awareness in children while providing a hands-on building experience that encourages imaginative play.
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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 South Africa construction toys market , including forecasts for subscribers. This country databook contains high-level insights into South Africa construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa construction toys market size, by product, 2018-2030 (US$M)
South Africa Construction Toys Market Outlook Share, 2023 & 2030 (US$M)
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