U.S. Construction Toys Market Size & Outlook, 2023-2030
U.S. construction toys market, 2018-2030 (US$M)
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U.S. construction toys market highlights
- The U.S. construction toys market generated a revenue of USD 3,765.0 million in 2023 and is expected to reach USD 7,619.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.6% 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 3,765.0 million |
| Market revenue in 2030 | USD 7,619.8 million |
| Growth rate | 10.6% (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, U.S. accounted for 25.5% 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 North America, U.S. construction toys market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 747.2 million by 2030.
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Construction Toys Market Scope
Construction Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 57.46% in 2023. Horizon Databook has segmented the U.S. construction toys market based on bricks & blocks, tinker toy covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. construction toys market is expected to be driven by their increasing demand from schools, education centers, daycares, and classrooms. As teaching methods evolved, the applications of construction toys in the education sector increased.
For example, in 2022, Manor Independent School District in Texas introduced a robotics program that utilizes LEGO Education products, aiming to incorporate interactive and enjoyable learning experiences for elementary school students. Moreover, child psychologists and researchers in the U.S. employ construction toys to assess the cognitive abilities of children, underscoring the educational significance of these toys.
Construction toy manufacturers have been utilizing this opportunity by offering products to meet such requirements. Constructive Playthings, a U.S. Toy Co., Inc. brand, offers a range of products that are useful in classrooms. Along with various block construction toys, the brand also offers molding clays.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. construction toys market , including forecasts for subscribers. This country databook contains high-level insights into U.S. construction toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. construction toys market size, by product, 2018-2030 (US$M)
U.S. Construction Toys Market Outlook Share, 2023 & 2030 (US$M)
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