Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "France Toys Market Report by Sales Channel, Segments and Company Analysis, 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The France Toys Market size will surpass US$ 4.55 billion by 2032 from US$ 2.90 billion in 2023, with a CAGR of 5.12% from 2024 to 2032. The industry is being driven by several key factors, such as technological advancements, economic stability, innovation, and demographic trends.
The production, marketing, and distribution of a wide range of goods targeted at children's and adults' amusement, education, and developmental requirements comprise the French toy market. It has everything from classic dolls and board games to cutting-edge technology and educational tools. Cultural preferences, disposable incomes, and population demographics all have an impact on the market's size and development. Regulations guarantee the safety of products, especially toys for kids in accordance with EU regulations.
Retail establishments, department stores, internet retailers, specialized shops, and supermarkets are examples of distribution channels. Innovation in toy design and functioning is driven by media influences and technological breakthroughs. The industry has a seasonal peak during holidays and special events and contributes significantly to the economy through employment, manufacturing, and retail sales. It takes analysis of consumer behavior, competitive dynamics between retailers and manufacturers, and cultural and regulatory developments adaptation to comprehend the French toy business.
Driving Forces of France Toys Market:
Demographic Shift:
The most successful and well-known toy companies in the world are based in France. Toys are essential for fostering children's development and progress. They develop social communication abilities, logical thinking, spatial awareness, and cognitive abilities. One of the main factors driving the growth of the toy business is children's increasing demand for educational and approach-based toys. In 2022, there were about 723,000 births in France. The percentage of France's total population aged 0 to 14 was 17.2% in 2022, according to World Bank data. There is no doubt that this demographic transition will have an impact on the toy sector in the years to come.
Gender Neutrality:
The French toy market has been impacted by the growing awareness of sustainability and eco-friendly products. Consumers are becoming more aware of the impact toys have on the environment and are seeking for toys made of sustainable or recycled materials. To capitalize on the growing eco-friendly market, toy producers in response create toys that are both environmentally friendly and ethically sourced. In addition, the market has seen a rise in the popularity of gender-neutral toys, which has encouraged more inclusive and diverse options. By moving away from traditional gender-specific toys, we hope to dispel prejudices and provide kids more options for play.
Key Attributes:
Report Attribute | Details |
No. of Pages | 110 |
Forecast Period | 2023 - 2032 |
Estimated Market Value (USD) in 2023 | $2.91 Billion |
Forecasted Market Value (USD) by 2032 | $4.56 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | France |
Company Analysis: Overview, Recent Developments, Product Portfolio, Revenue
- Mattel Inc
- Hasbro, Inc
- LEGO
- Ravensburger
- Spin Master Corp
- VTech
- Clementoni
- Thames & Kosmos
- SimbaDickie Group (Corp)
- HABA Sales GmbH & Co. KG
Segments - This Report covers the Market from 8 Viewpoints:
- Action Figures
- Board Games
- Card Games
- Construction Sets & Models
- Dolls & Stuffed Toys
- Plastic & Other Toys
- Puzzles
- Toys for Toddlers & Kids
Sales Channel - This Report Covers Market from 5 Viewpoints:
- Hypermarkets
- Supermarkets
- Toy Specialists
- Multi-Specialists
- Others
For more information about this report visit https://www.researchandmarkets.com/r/3x1t17
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