The production and sales of building block toys accounted for the largest market share of more than 55% in terms of revenue for the construction toys market. The global construction toys market is predicted to be valued at $9.60 billion in 2022.
The building block toys market witnessed a positive impact on growth and demand after the unprecedented effect of the COVID-19 pandemic across the world. Parents and educationists have become more aware of the skill development effect of building block toys for their kids.
Building blocks are a classic toy with numerous benefits for children's development that children have enjoyed for years.
Building block toys lay a sound foundation for future learning and knowledge for kids. It is a great tool for enhancing creativity and innovation in children.
Building block toys include ABC building blocks, giant building blocks, rainbow building blocks, arts/crafts building blocks, numbers building blocks, and many more.
The building block toys’ consistent rise can be due to increased customer demand for toys that keep children occupied for lengthy periods.
Furthermore, toy manufacturers have been developing innovative designs, recreating real-life circumstances, and raising awareness among children. The building blocks toys market is segmented on the basis of type, sales channel, and end-users.
The distinct segments' growth of the building block toys market helps you gain an understanding of the many growth variables that are likely to be widespread throughout the industry and build different strategies to help discover primary application areas and differences in your target markets.
Based on type, the building block toys market has been segmented into educational building blocks, motor skills toys, cognitive building blocks, puzzles building blocks, architecture building blocks, military building blocks, and others.
Based on the sales channel, the building block toys market has been segmented into inline stores such as toy shops and specialty stores, and offline stores such as e-commerce, and others.
On the basis of end users, they are segmented into toddlers, preschoolers, school-going, and teenagers.
North America has the largest market share of more than 30% of the building blocks toys market. The increased use of blocks and construction sets in kindergartens in the United States and Canada is driving the growth of the building block toys market.
In the United States, building block toys are used by researchers and child psychologists from several colleges to assess children's cognitive abilities.
In Asia Pacific, the building block toys market is predicted to grow at the fastest rate of 9.9%. This projection is based on the large increase in demand of building block toys in emerging nations such as China and India as parents become more conscious of their significance in holistic growth and education.
Xinyu Happy Build is a high-tech comprehensive enterprise with over twenty-three years of experience in the production, sales, and service of building block toy products.
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