ANZ Educational Toys Market Size & Outlook, 2023-2030
ANZ educational toys market, 2018-2030 (US$M)
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ANZ educational toys market highlights
- The ANZ educational toys market generated a revenue of USD 1,227.8 million in 2023 and is expected to reach USD 2,733.1 million by 2030.
- The ANZ market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, building & construction sets was the largest revenue generating product in 2023.
- STEM Toys is the most lucrative product segment registering the fastest growth during the forecast period.
Educational toys market data book summary
| Market revenue in 2023 | USD 1,227.8 million |
| Market revenue in 2030 | USD 2,733.1 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Building & construction sets |
| Fastest growing segment | STEM Toys |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction Sets, Role Play Toys, Art & Craft Kit, STEM Toys, Games & Puzzles, Musical Toys/Instruments |
| Key market players worldwide | The LEGO Group, Spin Master Corp Shs Subord Voting, Mattel Inc, VTech Holdings Ltd, Hasbro Inc, BYJU'S, Ravensburger, Sphero, Fat Brain Toys |
Other key industry trends
- In terms of revenue, ANZ accounted for 2.4% of the global educational toys market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India educational toys market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,535.1 million by 2030.
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Educational Toys Market Scope
Educational Toys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
ANZ educational 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 educational toys market will help companies and investors design strategic landscapes.
Building & construction sets was the largest segment with a revenue share of 24.21% in 2023. Horizon Databook has segmented the ANZ educational toys market based on building & construction sets, role play toys, art & craft kit, stem toys, games & puzzles, musical toys/instruments covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, while preschool attendance isn't mandatory, there's a strong emphasis on the benefits of early childhood education. Government initiatives, such as the Universal Access to Early Childhood Education and Care agreements, underscore the commitment to increasing participation in high-quality early education programs.
As parents recognize the importance of early education in preparing their children for school, they often seek out educational toys to complement this learning experience. By introducing educational toys at home, parents aim to make early education more engaging and enjoyable for their children, fostering a love for learning from a young age.
My Happy Helpers Pty Ltd is an online store specializing in wooden educational toys for kids and toddlers. Its diverse range includes building toys, construction play sets, educational games, and more. With a focus on quality and educational value, the company provides parents and caregivers with engaging and enriching toys that promote creativity, learning, and development in children.
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Our clientele includes a mix of educational 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 ANZ educational toys market , including forecasts for subscribers. This country databook contains high-level insights into ANZ educational toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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ANZ educational toys market size, by product, 2018-2030 (US$M)
ANZ Educational Toys Market Outlook Share, 2023 & 2030 (US$M)
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