Stem Toys Market to hit USD 13 billion by 2032, says Global Market Insights Inc.
Stem toys industry is projected to witness a CAGR of 9.1% during the period 2024-2032. This growth can be attributed to technological advancements.
Selbyville, Delaware, July 03, 2024 (GLOBE NEWSWIRE) —
Stem Toys
Stem Toys Market Participants
Some of the leading firms operating in the stem toys industry include BanBao, Bandai, Gigotoys, Goldlok Toys, Guangdong Loongon, Guangdong Qman Culture Communication, Hasbro, K’NEX, LEGO Group, Mattel, Melissa and Doug, ShanTou LianHuan Toys and Crafts, Spin Master, TAKARA TOMY, and Vtech. These market players are adopting various business expansion tactics, such as mergers & acquisitions, partnerships, and launching new product lines to gain a strong foothold in the industry.
For instance, in May 2024, Horizon Group USA, a provider of education activity kits, launched a new collection of Star Wars-themed STEM activities for kids aged 6 years and above. Each slime includes collectible fact cards that teach children about slime compounds while providing engaging sensory play.
Partial Table of Contents (ToC) of the report:
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 – 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.1.7 Retailers
3.2 Technology advancement analysis
3.3 Regulatory landscape
3.4 Impact forces
3.4.1 Growth drivers
3.4.1.1 Educational emphasis
3.4.1.2 Technological advancements
3.4.1.3 Rise in homeschooling
3.4.2 Industry pitfalls & challenges
3.4.2.1 Cost factor
3.4.2.2 Parental awareness and support
3.5 Consumer buying behavior analysis
3.5.1 Demographic trends
3.5.2 Factors affecting buying decision
3.5.3 Consumer product adoption
3.5.4 Preferred distribution channel
3.5.5 Preferred price range
3.6 Growth potential analysis
3.7 Porter’s analysis
3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023
Browse more recreational products industry reports @ https://www.gminsights.com/industry-reports/recreational-products/84
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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