Research Data

Toys and Games Market Overview, Industry Growth Rate, Research Report 2023-2028


According to the latest report by IMARC Group, titled “ Toys and Games Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the  toys and games industry growth . The report also includes competitor and regional analysis, and contemporary advances in the market. The global toys and games market size reached  US$ 109.3 Billion in 2022 . Looking forward, IMARC Group expects the market to reach  US$ 143.3 Billion by 2028 , exhibiting a growth rate  (CAGR) of 4.73% during 2023-2028 . Toys and Games Market Overview: Toys and games play a vital role in the lives of children and adults alike, providing entertainment, education, and developmental benefits. Toys encompass a wide range of objects and playthings designed for recreational purposes, while games involve structured activities with specific rules and objectives. Board games, card games, and cooperative play activities foster social interaction, communication, teamwork, and the development of essential social skills. Playing with others helps children learn about sharing, turn-taking, empathy, and conflict resolution. Additionally, imaginative play with dolls, action figures, and playsets can facilitate emotional expression and storytelling. Request Free Sample Report (Exclusive Offer on this report):  https://www.imarcgroup.com/toys-games-market/requestsample Market Trends and Drivers: The growing population of children globally is a significant driver for the market. As the number of children increases, so does the demand for toys and games. Additionally, inflating disposable incomes and increasing spending power of parents and caregivers have led to higher toy purchases, which is driving the market growth. Moreover, the growing influence of media and entertainment plays a crucial role in impelling the demand for toys and games. Popular movies, TV shows, and video games often have merchandise tie-ins, leading to the creation of licensed toys and games based on beloved characters and franchises. Children and collectors are drawn to these products, fueling market demand and sales. Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figures:  https://www.imarcgroup.com/toys-games-market Key Market Segmentation: Top Toys and Games Manufacturers Worldwide: Breakup by Product Type: Breakup by Distribution Channel: Breakup by Region: About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise. Contact us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800