Pre-School Games and Toys Market Future Opportunities Recorded for the Period until 2022

Posted on 2019-04-26 by Mark Hub in Retail // 0 Comments

RockVille, US, 2019-Apr-26 — /EPR Network/ — A new report titled “Pre-School Games and Toys Market Future Opportunities Recorded for the Period until 2022” has been included in the enormous research repository of Fact.MR that compiles various facets of the Pre-School Games and Toys Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Pre-School Games and Toys Market across the globe.

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Plastic based pre-school games and toys will remain sought-after during the projection period. This is mainly due to their consumer-friendly nature, they are safe and durable. By 2017-end, more than US$ 4,000 Mn worth plastic based pre-school games and toys are expected to be sold globally.

Pre-school games and toys market continues to gain ground not only because these offer entertainment and amusement, but also help children improve their coordination, manual skills, and even mental agility. Musical instruments, puzzles and board games, arts and crafts, play-acting, and construction toys among others are commonly sought-after in the pre-school games and toys market. Fact.MR’s new report projects the pre-school games and toys market to record a healthy CAGR through 2022, reaching a valuation of US$ 11,902.5 Mn. Growth of the pre-school games and toys market in emerging countries, including China, India and Brazil, is gaining significant traction. Meanwhile, pre-school games and toys demand continue to be steady in mature markets. Additionally, growth of online sales and increasing disposable income are playing a significant role in driving growth of the pre-school games and toys market.

Leading players in the pre-school games and toys market are trying to capitalize on the opportunities created by e-commerce. Moreover, companies in the pre-school games and toys market are utilizing online portals to market their products and promote their brand. In addition, pre-school games and toys manufacturers are coming up innovative toys integrated with smart technologies. At the same time, greater emphasiss on enhancing durability and toughness of toys as to endure rough-handling and shocks is resulting into longer product life-cycle. Availability of specialty raw materials are allowing players in the pre-school games and toys market to improve their product quality. The aforementioned factors are likely to reflect favourably on the pre-school games and toys market during the forecast period.

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The pre-school games and toys market is gaining high momentum in Asia Pacific excluding Japan (APEJ). This is primarily owing to factors such as growing middle-class population and a greater spending power of consumers in the region. The pre-school games and toys market in the region will account for significant share of global sales. In addition, the region’s pre-school games and toys market is projected to exhibit an above average CAGR during the assessment period.

While demand for toys in developed regions remain steady, sales continue to soar in emerging economies. Online portals has emerged as major sales channel for toys and pre-schools games. Moreover, e-retail stores have cost benefits and allow a faster market penetration. Retail websites offer digital exposure to brads, which is of extreme significance to modern businesses. Factors as such are not only allowing manufacture to sale volumes but also achieve economies of scale. Concurrently, introduction of innovative toys that incorporated with modern technology has been successfully in attracting a wider pool of consumers. Manufacturers are also concentrating on improving the quality of their products in order to drive sales and increase brand loyalty.

Significant Opportunity in 2-3 Years Age Group

Pre-school games and toys for 2-3 years old kids are exhibiting higher sales and the trend is likely to continue in 2017 and beyond. Global sales of pre-school games and toys for 2-3 years age group currently command for more than one-third revenue share of the pre-school games and toys market. Demand for pre-school games and toys for upto 4.5 Year age group is also expected to go upwards over 2022.

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