Market revenue in 2023 | USD 4,050.1 million |
Market revenue in 2030 | USD 6,583.1 million |
Growth rate | 7.2% (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 |
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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 educational toys market will help companies and investors design strategic landscapes.
Building & construction sets was the largest segment with a revenue share of 21.26% in 2023. Horizon Databook has segmented the UK 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.
According to a blog published by THE MBS GROUP LTD in May 2021, trends pertaining to educational toys dominate the U.K. market. There has been a surge in toys designed to develop the intellectual capacity of the human brain, as school closures have seen parents replace traditional lessons with educationally focused products such as educational toys.
Simulations and fantasy-based toys enable exploration for the learners, as they do not need to go through educational materials in the traditional manner. Also, these toys are not just for fun but also engaging as they teach. It creates interaction that helps students learn concepts differently through role play.
Horizon Databook provides a detailed overview of country-level data and insights on the UK educational toys market , including forecasts for subscribers. This country databook contains high-level insights into UK educational toys market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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