Stuffed And Plush Toys Market Is Expected To Grow At A CAGR 6% By 2029

0

Stuffed & Plush Toys Market is expected to develop at a healthy CAGR of 6% between 2019 and 2029. The enormous demand created by the millennial and generation Y populations is primarily driving sales. Stuffed and plush toys will continue to see growth as online sales opportunities replace traditional offline channels. The latest analysis from Fact.MR indicates that the market’s positive development forecast can be attributed to consumers’ strong demand for themed and antique toy designs.

Long-term profitability is anticipated for investments made in franchises and licensing agreements. The Fact.MR analysis comes to the conclusion that while traditional stuffed and plush toys are riskier, they will yield faster returns in the near run.

Get a PDF sample of the 170-page study at https://www.factmr.com/connectus/sample?flag=S&rep_id=4539 about the market for stuffed and plush toys.

Important lessons learned

  • Stuffed and plush toys based on models and action figures to gain substantially, accounting for US$ 1 Bn through the forecast period.
  • Hypermarkets, supermarkets and toy stores remain highly preferred channels for sales, growing 1.7x.
  • Organic toy stuffing materials is expected to maintain a high growth rate through the end of the forecast period, despite small market share.
  • Licensing and branding strategies to gain importance with focus on collectible and vintage products.
  • Asia Pacific excluding Japan to account for a third of the global market, with major growth through 2029.

Important Motivators

  • Functionality centric innovations and new revenue streams are driving the profits of stuffed and plush toys market.
  • Growth in licensing deals to support growth of global market.
  • The rising consumer demand for vintage stuffed and plush toys has resulted in a larger consumer base, sustaining market growth.
  • Renewed focus on novel themes and functional innovations is pushing the stuffed and plush toys market.
  • Changes in gifting trends by consumers contribute to sales of stuffed and plush toys.

Important Restrictions

  • The continued effects of the trade war between the United States and China is restricting production, impacting market growth.
  • The need to comply with strict government regulations associated with toy materials will restrict the market.

Competitive Environment

The market for stuffed and plush toys is highly fragmented worldwide. Top players including Spin Master Ltd., Mattel Inc., SIMBA-DICKIE-GROUP GmbH, BANDAI NAMCO Holdings Inc., TOMY Company Ltd., LEGO A/S, and Hasbro Inc. are among those highlighted in the research. Market leaders are making investments to diversify their product lines. According to the Fact.MR report, manufacturers are focusing their efforts on adding branded titles and unique themes.

Market Segmentation for Stuffed and Plush Toys Worldwide

Below is a market segmentation table for stuffed and plush toys worldwide based on product category, stuffing material, sales channel, and region.

  • By Product Type :
    • Cartoon Toys
    • Traditional Stuffed Animals
    • Battery Operated
    • Action Figures & Model Play
    • Dolls & Playsets
    • Customizable stuffed animals
    • Special feature plush and puppets
  • By Application :
    • Synthetic toy fillings
    • Natural toy fillings
    • Eco friendly Toy Stuffing
    • Organic Toy Stuffing
    • Blended Materials (Synthetic and Natural mixed materials)
  • By Sales Channel :
    • Hyper/Super markets
    • E-commerce
    • Toy Stores
    • Discount Stores
    • Hobby and Craft Stores
    • Other Sales Channels (Electronics and Video Stores, Gift Shops)
  • By Region :
    • North America
    • Latin America
    • Europe
    • Japan
    • APEJ
    • MEA

Visit this link to obtain full access to the report: https://www.factmr.com/checkout/4539

Concerning the Report

Readers may get a thorough market outlook for stuffed and plush toys in this 170-page report. This Fact.MR study includes a global, regional, and national level examination of the most recent industry trends affecting the market for stuffed and plush toys. Based on product type (cartoon toys, traditional stuffed animals, battery operated, action figures & model play, dolls & playsets, customizable stuffed animals, and special feature plush and puppets), application (synthetic toy fillings, natural toy fillings, eco-friendly toy stuffing, organic toy stuffing, and blended materials), and sales channel (hyper/super markets, e-commerce, toy stores, discount stores, hobby & craft stores, and others), the report provides compelling insights on the stuffed and plush toys market. These findings are distributed across six regions (Middle East and Africa, APEJ, Japan, Europe, Latin America, North America).

Contact: (628) 251-1583; E-mail: [email protected]; US sales office: Rockville Pike, Suite 400, Rockville, MD 20852, United States

Leave A Reply

Your email address will not be published.