Educational toys market to grow by 7.65% Y-O-Y from 2022 to 2023: Increasing demand for smart toys will drive growth – Technavio

NEW YORK, Dec. 8, 2022 /PRNewswire/ —

Educational toys market insights –

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Technavio has announced its latest market research report titled Global Educational Toys Market 2023-2027

Vendors: 15+, Including All Star Learning Inc., CocoMoco Kids, Engino.net Ltd., Evollve Inc., Fat Brain Toys LLC., HABA USA, Johnco, Learning Resources Ltd., LEGO System AS, Little Genius Toys Pvt. Ltd., Mattel Inc., Melissa and Doug, Mishka AI, My Luxeve Pty Ltd., Oriental Trading Co., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Age Group, Product, and Geography

To understand more about the educational toys market, request a sample report

In 2017, the educational toys market was valued at USD 22,598.90 million. From a regional perspective, APAC held the largest market share, valued at USD 8,549.16 million. The educational toys market size is estimated to grow by USD 16,043.98 million from 2022 to 2027 at a CAGR of 8.7% according to Technavio.

Educational toys market – Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
For highlights on customer landscape analysis, download a report sample!

Educational toys market – Vendor Insights

The global educational toys market is fragmented due to the presence of a large number of global-, regional-, and country-level vendors. The market is categorized by product differentiation, price competition, relatively low brand loyalty, and low buyer switching costs. Vendors are deploying various growth strategies such as product launches and promotional events to compete in the market. During the forecast period, the competition in the global educational toys market is expected to increase with the entry of new vendors, technological innovations, and partnerships. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

Engino.net Ltd. – The company offers educational toys such as Inventor Girl series.
Fat Brain Toys LLC. – The company offers educational toys such as Personalized name puzzle.
Johnco – The company offers educational toys such as Johnco 14 in 1 educational solar robot.

Educational toys market – Market Dynamics

Major Drivers:

Increasing demand for smart toys
Increased emphasis on STEM toys
Increasing number of investments in the market

Key Challenges:

Threat from counterfeit products
High cost of manufacturing
Safety concerns

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The educational toys market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this educational toys market report?

CAGR of the market during the forecast period.
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the size of the educational toys market and its contribution to the parent market.
Accurate predictions about upcoming trends and changes in consumer behavior.
Growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa.
Thorough analysis of the market’s competitive landscape and detailed information about vendors.
Comprehensive analysis of factors that will challenge the growth of educational toys market vendors.

Related Reports:

The smart toys market size is expected to increase by USD 4.27 billion from 2021 to 2026, at a CAGR of 11.5%. The adoption of STEM toys for children’s skills enhancement is notably driving the smart toys market growth, although factors such as high availability of substitutes may impede the market growth.
The toys and games market is estimated to grow at a CAGR of 8.1% between 2022 and 2027. The size of the market is forecast to increase by USD 70.12 million. The growth in the middle-class population and increasing disposable incomes are notably driving the toys and games market growth, although factors such as seasonal demand and the short life of merchandise and collectables may impede the market growth.

Educational Toys Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.7%

Market growth 2023-2027

USD 16,043.98 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.65

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 40%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

All Star Learning Inc., CocoMoco Kids, Engino.net Ltd., Evollve Inc., Fat Brain Toys LLC., HABA USA, Johnco, Learning Resources Ltd., LEGO System AS, Little Genius Toys Pvt. Ltd., Mattel Inc., Melissa and Doug, Mishka AI, My Luxeve Pty Ltd., Oriental Trading Co., Pegasus for kids, Ravensburger AG, Sphero Inc., Technybirds, and VTech Holdings Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview 

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Age Group
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem 

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition 

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis 

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027 

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global educational toys market 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Global educational toys market 2017 – 2021 ($ million)

4.2 Age Group Segment Analysis 2017 – 2021 

Exhibit 19: Historic Market Size – Age Group Segment 2017 – 2021 ($ million)

4.3 Product Segment Analysis 2017 – 2021 

Exhibit 20: Historic Market Size – Product Segment 2017 – 2021 ($ million)

4.4 Geography Segment Analysis 2017 – 2021 

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

4.5 Country Segment Analysis 2017 – 2021 

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary 

Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

5.2 Bargaining power of buyers 

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers 

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants 

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes 

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry 

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition 

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Age Group

6.1 Market segments 

Exhibit 30: Chart on Age Group – Market share 2022-2027 (%)
Exhibit 31: Data Table on Age Group – Market share 2022-2027 (%)

6.2 Comparison by Age Group 

Exhibit 32: Chart on Comparison by Age Group
Exhibit 33: Data Table on Comparison by Age Group

6.3 0-4 years – Market size and forecast 2022-2027

Exhibit 34: Chart on 0-4 years – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on 0-4 years – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on 0-4 years – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on 0-4 years – Year-over-year growth 2022-2027 (%)

6.4 4-8 years – Market size and forecast 2022-2027

Exhibit 38: Chart on 4-8 years – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on 4-8 years – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on 4-8 years – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on 4-8 years – Year-over-year growth 2022-2027 (%)

6.5 Above 8 years – Market size and forecast 2022-2027

Exhibit 42: Chart on Above 8 years – Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Above 8 years – Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Above 8 years – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Above 8 years – Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Age Group 

Exhibit 46: Market opportunity by Age Group ($ million)

7 Market Segmentation by Product

7.1 Market segments 

Exhibit 47: Chart on Product – Market share 2022-2027 (%)
Exhibit 48: Data Table on Product – Market share 2022-2027 (%)

7.2 Comparison by Product 

Exhibit 49: Chart on Comparison by Product
Exhibit 50: Data Table on Comparison by Product

7.3 Academic toys – Market size and forecast 2022-2027

Exhibit 51: Chart on Academic toys – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Academic toys – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Academic toys – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Academic toys – Year-over-year growth 2022-2027 (%)

7.4 Cognitive toys – Market size and forecast 2022-2027

Exhibit 55: Chart on Cognitive toys – Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Cognitive toys – Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Cognitive toys – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Cognitive toys – Year-over-year growth 2022-2027 (%)

7.5 Motor skill toys – Market size and forecast 2022-2027

Exhibit 59: Chart on Motor skill toys – Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Motor skill toys – Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Motor skill toys – Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Motor skill toys – Year-over-year growth 2022-2027 (%)

7.6 Other toys – Market size and forecast 2022-2027

Exhibit 63: Chart on Other toys – Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Other toys – Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Other toys – Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Other toys – Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Product 

Exhibit 67: Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview 

Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation 

Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison 

Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison

9.3 APAC – Market size and forecast 2022-2027

Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.4 North America – Market size and forecast 2022-2027

Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.5 Europe – Market size and forecast 2022-2027

Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa – Market size and forecast 2022-2027 

Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.7 South America – Market size and forecast 2022-2027

Exhibit 89: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.8 US – Market size and forecast 2022-2027

Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)

9.9 China – Market size and forecast 2022-2027

Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)

9.10 Japan – Market size and forecast 2022-2027 

Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

9.11 Germany – Market size and forecast 2022-2027

Exhibit 105: Chart on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Germany – Year-over-year growth 2022-2027 (%)

9.12 UK – Market size and forecast 2022-2027

Exhibit 109: Chart on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on UK – Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography 

Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges 

Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape 

Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption 

Exhibit 116: Overview on factors of disruption

11.4 Industry risks 

Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered 

Exhibit 118: Vendors covered

12.2 Market positioning of vendors 

Exhibit 119: Matrix on vendor position and classification

12.3 CocoMoco Kids 

Exhibit 120: CocoMoco Kids – Overview
Exhibit 121: CocoMoco Kids – Product / Service
Exhibit 122: CocoMoco Kids – Key offerings

12.4 Engino.net Ltd. 

Exhibit 123: Engino.net Ltd. – Overview
Exhibit 124: Engino.net Ltd. – Product / Service
Exhibit 125: Engino.net Ltd. – Key offerings

12.5 Fat Brain Toys LLC. 

Exhibit 126: Fat Brain Toys LLC. – Overview
Exhibit 127: Fat Brain Toys LLC. – Product / Service
Exhibit 128: Fat Brain Toys LLC. – Key offerings

12.6 Johnco 

Exhibit 129: Johnco – Overview
Exhibit 130: Johnco – Product / Service
Exhibit 131: Johnco – Key offerings

12.7 Learning Resources Ltd. 

Exhibit 132: Learning Resources Ltd. – Overview
Exhibit 133: Learning Resources Ltd. – Product / Service
Exhibit 134: Learning Resources Ltd. – Key offerings

12.8 LEGO System AS 

Exhibit 135: LEGO System AS – Overview
Exhibit 136: LEGO System AS – Product / Service
Exhibit 137: LEGO System AS – Key news
Exhibit 138: LEGO System AS – Key offerings

12.9 Mattel Inc. 

Exhibit 139: Mattel Inc. – Overview
Exhibit 140: Mattel Inc. – Business segments
Exhibit 141: Mattel Inc. – Key news
Exhibit 142: Mattel Inc. – Key offerings
Exhibit 143: Mattel Inc. – Segment focus

12.10 Melissa and Doug 

Exhibit 144: Melissa and Doug – Overview
Exhibit 145: Melissa and Doug – Product / Service
Exhibit 146: Melissa and Doug – Key offerings

12.11 My Luxeve Pty Ltd. 

Exhibit 147: My Luxeve Pty Ltd. – Overview
Exhibit 148: My Luxeve Pty Ltd. – Product / Service
Exhibit 149: My Luxeve Pty Ltd. – Key offerings

12.12 Oriental Trading Co. 

Exhibit 150: Oriental Trading Co. – Overview
Exhibit 151: Oriental Trading Co. – Product / Service
Exhibit 152: Oriental Trading Co. – Key offerings

12.13 Pegasus for kids 

Exhibit 153: Pegasus for kids – Overview
Exhibit 154: Pegasus for kids – Product / Service
Exhibit 155: Pegasus for kids – Key offerings

12.14 Ravensburger AG 

Exhibit 156: Ravensburger AG – Overview
Exhibit 157: Ravensburger AG – Product / Service
Exhibit 158: Ravensburger AG – Key offerings

12.15 Sphero Inc. 

Exhibit 159: Sphero Inc. – Overview
Exhibit 160: Sphero Inc. – Product / Service
Exhibit 161: Sphero Inc. – Key offerings

12.16 Technybirds 

Exhibit 162: Technybirds – Overview
Exhibit 163: Technybirds – Product / Service
Exhibit 164: Technybirds – Key offerings

12.17 VTech Holdings Ltd. 

Exhibit 165: VTech Holdings Ltd. – Overview
Exhibit 166: VTech Holdings Ltd. – Business segments
Exhibit 167: VTech Holdings Ltd. – Key offerings
Exhibit 168: VTech Holdings Ltd. – Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist 

Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist

13.3 Currency conversion rates for US$ 

Exhibit 171: Currency conversion rates for US$

13.4 Research methodology 

Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources

13.5 List of abbreviations 

Exhibit 175: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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