Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Executive Summary
In 2021, the United States Wooden Toy Market was estimated to be valued at USD 12.01 billion. With rising disposable wealth in the United States' most populous cities, the adoption of wooden toys is expected to rise in the future years. The market is driven by developments in Wooden Toys and their rising usage by the US population. Furthermore, the growing market penetration of educational and pre-school toys will drive the industry forward in the approaching years.
In product, Educational Toys in the Market witnessed growth at a noteworthy rate over the past few years and in the forecast period due to the imperative role being played because of the factors such as the higher concentration of Wooden Toy manufacturing companies and increasing production of newer technologies in the country.
The 3-5 years age group is anticipated to grow at a robust rate in the Wooden Toy market and gain a fair amount of market share in the Wooden Toy Market than other age groups in the market. Moreover, increasing demand for eco-friendly and more affordable Wooden Toys among consumers all over the country has been anticipated to propel thrust in the demand for Wooden Toys in the future.
In the sales channel, consumers are becoming more accustomed to purchasing things via online platforms, which is expected to boost the share of the e-commerce category over the projection period. In the United States, the e-commerce segment is expected to occupy a 49% market share in 2028E.
Scope of the Report
• The report presents the analysis of the Wooden Toy Market for the historical period of 2018-2021, the estimated year 2022 and the forecast period of 2023-2028.
• The report analyses the Wooden Toy Market by Value (USD Billion).
• The report analyses the Wooden Toy Market by Product (Role Play Toys, Educational Toys, Pre-School Toys, Games & Puzzles, Activity and Outdoor Toys, Others).
• The report analyses the Wooden Toy Market by Age (0-3 years, 3-5 years, 5-8 years, 8+ years).
• The report analyses the Wooden Toy Market by Sales Channel (Ecommerce, Supermarket, Departmental Stores, Specialized Stores, Convenience Stores).
• Also, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions, and new type development. The companies analyzed in the report include: Melissa & Doug, Lovevery, Wood Trick LLC, Plan Toys, Aero Motion, Pottery Barn Kids, HABA USA, Hepa, B.Toys.
Key Target Audience
• Wooden Toy Manufacturers and Vendors
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities
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