Market revenue in 2023 | USD 649.8 million |
Market revenue in 2030 | USD 1,444.5 million |
Growth rate | 12.1% (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 |
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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 56.49% in 2023. Horizon Databook has segmented the UK construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. market is driven by product innovation, where manufacturers have been launching new products based on current events and consumer preferences. Furthermore, technological advancements have led to the integration of interactive features in construction toys, such as robotics and augmented reality.
These innovations enhance the play experience, adding an element of excitement and modernity to traditional construction toys. The incorporation of technology also attracts children who are growing up in a digital age, contributing to the market's dynamism and adaptability to changing consumer preferences.
One example of a construction toy with interactive features in the U.K. is the Gravi Trax Obstacle Starter Set. This set, priced at £80, is designed to challenge creativity and is suitable for children aged 8 and above. It has won the Gold award at the Made for Mums Toy Awards 2021.
Horizon Databook provides a detailed overview of country-level data and insights on the UK construction toys market , including forecasts for subscribers. This country databook contains high-level insights into UK construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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