United States Toys Market to reach 34.20 Billion by 2026

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United States Toys Market
United States Toys Market
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United States Toys Market
According to the latest report by Renub Research,
tittled United States Toys Market by Segments,
Sales Channel, Company Analysis, Forecast the
United States Toys Market was US 33.70 Billion
in 2020. In the United States, toys are the tools
of play that hold an essential part in social
life. It plays a crucial role in developing
engaging children's minds by improving the
thought process and decision-making ability. Kids
play with toys to determine their identity and
play their bodies grow strong, learn to explore
relationships, cause and effect and practice
skills they need as adults. In 2019, there were
over 73 million children in the United
States. In 2020, the United States toy
industry's resiliency was very much underpinned
in the covid pandemic time, families looked to
toys to help keep their children engaged, active
and delighted. Besides, a toy is an object used
for entertainment from prehistoric times. The
demand for toys has increased in the United
States due to concern over the safety of the raw
materials utilized in construction toys. Parents
and educators gradually choose green toys made of
eco-friendly raw materials like wood, clay,
plastic, etc.
United States Toys Market
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United States Toys Market
United States Toys Market
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United States Toys Market
Movies and Cartoons Drives the Sales of Action
Figures and Accessories The toy market has been
evolving for an era and is experiencing
exponential growth in the United States, owing to
high-income group consumers in the country.
Middle-range toys accounted for the highest sales
in the country. Outdoor, sports toys and dolls
contribute the major share to the market.
Consumer inclination towards movies and cartoons
drives the sales of action figures and
accessories, making it the fastest-growing
segment in the United States. In the United
States, toys range from cards, games, puzzles,
dolls stuffed toys, construction sets models,
plastic other toys, video games consoles and
toys for toddlers kids. These toys come with a
natural value that adds to the overall
advancement of children. A range of
environment-friendly products, including recycled
plastic bath games, plastic-free games for kids,
wooden baby toys, and organic cotton stuffed
animals, is increasingly becoming popular,
promoting sustainability in the United States.
United States Toys Market
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United States Toys Market
Besides, improved visual memory and enhanced
cognitive skills by participating in 3D puzzles
boost the adoption rate of educational puzzles
amongst children in the United States. The
ability to develop real-life soft skills such as
problem-solving skills, team spirit, and critical
thinking in millennials further promotes United
States people to adopt games and puzzles. Impact
of COVID-19 on United States Toys
Market Children are more likely to get affected
by the coronavirus due to the greater outdoor
exposure of their parents during the physical
shopping of such items compared to staying
indoors. Therefore, the United States toy market
witnessed a robust growth among the high-income
and middle-income consumers, leading to numerous
stay-at-home product ranges by the leading
players. Throughout the pandemic, the sales of
toys and games were primarily driven by the
online retail of products.
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United States Toys Market
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United States Toys Market
Online Sales Giving a Boost to the United States
Toy Industry Based on the sales channel,
department stores are ideal for selling toys in
the United States, as shopping at the weekends is
preferred for many families. Department stores
gives a huge variety of toys, from classic
playthings like arts-and-crafts kits, books and
educational toys, puzzles and soft toys, and
school gear. Further, hypermarkets in the United
States are becoming more and more prevalent. A
hypermarket is an effective form of the
traditional toys store, a self-service shop
offering many toys. In addition, the online
sales channels represent one of the
fastest-growing distribution channels for toys in
the United States with the evolution of
smartphones and other digital media. As quality
and features of products are discussed among
shoppers and prices compared on various
platforms, E-Commerce sales channels have
appeared to be one of the fastest-growing
distribution channels for toys in the United
States.
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United States Toys Market
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United States Toys Market

• Competitive Landscape
• The key players such as Mattel Inc, Lego, Hasbro
  Inc, Funko In, and Spin Master Corp. are focusing
  on introducing new toy products in the United
  States market to cater to the interests of the
  consumers. These players are embarking on
  consolidations and acquisitions as key strategies
  to achieve consolidation and optimize their
  offerings.
• Report Summary
• Segments We have covered by segments in the
  United States toy market breakup by 7
  Sub-segments (Dolls Stuffed Toys, Construction
  Sets Models, Cards Games, Puzzles, Toys for
  Toddlers Kids, Plastic Others Toys, and Video
  Games-Consoles)
• Sales Channel Our Report covered by sales
  channel in the United States toys market breakup
  by 6 viewpoints (Department Stores, E-Commerce,
  Mass Merchandisers, Toy Hobby Store,
  Hypermarket, Others)
• All the key players have been covered from 3
  Viewpoints (Overview, Recent Development, Revenue
  Analysis) Mattel Inc., Lego, Hasbro, Inc, Funko,
  Inc., Spin Master Corp.

United States Toys Market
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United States Toys Market
United States Toys Market
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United States Toys Market