Global Toy Market By Age, By Distribution Channel and Forecast to 2020-2025
Bharat Book Bureau Provides the Trending Market Research Report on “Global Toy Market - Analysis By Product Type, By Age, By Distribution Channel, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)” under Consumer Goods Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.
The Covid-19 pandemic has a minimal impact on the global toy Market industry despite the supply chain disruptions and closure of retail outlets as the e-commerce channel facilitated the growth of the market. The pandemic resulted in closure of schools and kids need to be entertained and engaged within the confines of home and this also has driven the market of toys.
Further, rising population and surge in purchasing power of citizen of developing economy will act as a catalyst in the growth of toy industry considering the weak correlation between global economy and toy market, The toy market will record a mild growth rate in the financial year of 2020.
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The Global Toy Market is projected to display slow but sustained growth represented by a CAGR of 1.4% during 2020 - 2025. The Global Toy Market was valued at USD 22.10 Billion in the year 2019 with North America leading the regional market share.
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Last Update : 15 September 2020
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