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Market Research Report
Product code
1043825
Sustainable Toys Market by Product Type, Age Group, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2030 |
Sustainable Toys Market by Product Type, Age Group, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2030 |
Published: October 29, 2021
Allied Market Research
Content info: 293 Pages
Delivery time: 2-3 business days
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The Sustainable Toys market size was valued at $18,939.1 million in 2020 and is estimated to reach $59,643.9 million by 2030, registering a CAGR of 12.5% from 2021 to 2030.
Sustainable toys are recyclable and ecofriendly in nature. Cotton, wool, water based inks and paints, wood, soy inks and bamboo are used in the manufacturing of sustainable toys. Sustainable toys have tight quality control procedures, remain transparent about their process and use only quality recycled materials to ensure their toys are safe, even for little ones. Its manufacturing takes extra efforts and lot of creativity. Toxic chemicals, metals, glue and conventional paints are strictly prohibited to be used in the green toys. Manufactures also must replace plastic with recycled material. Despite of these challenges green or biodegradable or sustainable toys are growing at considerable CAGR growth rate owing growing consciousness regarding environmental impact, climate change and increase in adoption of organic and sustainable products.
The outbreak of the pandemic has positively affected the global sustainable toys market. Various companies in the toys industry witnessed significant growth in lockdown period. People including children were restricted to stay at their homes during pandemic period so parents engaged their kids with sustainable toys.
According to the sustainable toys market analysis, the market segmented into type, product type, distribution channel, age group and region. On the basis of product type, the market is categorized into action figures, building sets, dolls, games/puzzles, sports and outdoor toys and others. On the basis of age group, the market is segmented into, upto 5 years, 5 to 10 years and above 10 years. By distribution channel, market is categorized into, hypermarket/supermarket, specialty stores, departmental stores, online channels and other. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, ASEAN, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa and Rest of LAMEA).
The major players operating in the market are Eco Kids, Le Toy Van, Green Toys, Legler, Tegu, PlanToys, LEGO, Hasbro, GOLIATH GAMES and CLEMENTONI.'