Market revenue in 2023 | USD 363.0 million |
Market revenue in 2030 | USD 794.0 million |
Growth rate | 11.8% (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 56.5% in 2023. Horizon Databook has segmented the Spain construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth is driven by parents' interest in green toys, the cognitive benefits of building toys, and the resurgence of conventional toys and video games. Moreover, the increased popularity of traditional recreational activities among younger children contributes to the demand for construction toys.
Furthermore, Spanish toy makers are increasingly focusing on making sustainable products. They are transitioning towards eco-friendly and sustainable materials to address environmental concerns and meet consumer demands.
For example, there is a trend towards incorporating more sustainable materials and emphasizing a commitment to sustainability in toy production. Companies like Le Toy Van are using only the best quality sustainable materials, such as repurposed legal Indonesian wood, to create durable and environmentally friendly toys.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain construction toys market , including forecasts for subscribers. This country databook contains high-level insights into Spain construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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