According to a recent market study published by Growth Market Reports, titled, “Global Wood Toy Block Market by Type, By Age Group, By Distribution Channel, and By Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 2,083.2 Million in 2022 and is anticipated to expand at a growth rate of 5.0% by 2031.
Get Sample Report @ https://growthmarketreports.com/request-sample/5138
Wooden block toys are a classic and durable toy that can inspire creativity and provide many benefits for children. They are great for play and decoration, and can help improve attention span, self-esteem, and social skills. These sets are made of high-quality, sustainable wood and come in different shapes, sizes, and colors. Some sets also include personalized name blocks, alphabet blocks, counting blocks, and animal blocks. Wooden block toys can help develop spatial recognition, fine and gross motor skills, math and science fundamentals, and the concept of pretend play.
These blocks have a long and fascinating history that dates back to the days when stones were the main building material. These basic components gave rise to the idea of construction play. Ancient Egypt is where the oldest known uses of wooden blocks as toys may be found. European artisans started creating blocks in a variety of sizes and shapes in the 18th century, which opened the door for complex and creative play. The US wooden block business began to grow in the 19th century.
The global Wood Toy Block market has been segmented in terms of type, age group, distribution channel. In terms of type, the global wood toy block market is split into re under 100 pieces and above 100 pieces. On the basis of age group, the market is fragmented into Infant (Under 1 Year), Toddler (1 to 3 Years), and Above 3 Years. Based on distribution channel, the market is bifurcated into online and offline. Considering regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The COVID-19 pandemic has had a significant impact on the toy market, with a surge in sales of educational and home entertainment toys. The pandemic has led to a shift towards home entertainment and online education, with a surge in video games, digital education tools, and STEM toys. Parents are making more considered buying choices, opting for educational toys with longer play value. The pandemic has also reinforced many trends already shaping the industry pre-COVID-19, mainly in digital transformation, and has led to a focus on environmental and sustainability issues. Moreover, the pandemic has led to a shift towards home entertainment and online education, with a surge in video games, digital education tools, and STEM toys. Parents are making more considered buying choices, opting for educational toys with longer play value. The pandemic has also reinforced many trends already shaping the industry pre-COVID-19, mainly in digital transformation, and has led to a focus on environmental and sustainability issues.
Key Takeaways from the Study:
-
Players in the global wood toy block market include Gollnest & Kiesel GmbH & Co. KG; GRIMM'S Spiel und Holz Design; HABA Sales GmbH & Co. KG; Hape Holding AG; Maison Battat Inc.; Maple Landmark; Melissa & Doug; PlanToys; South Bend WoodWorks; and Uncle Goose; and others.
-
Based on type, the global wood toy block market is segmented into under 100 pieces, and above 100 pieces.
-
The above 100 pieces segment held a notable market share in 2022 and is projected to expand at a CAGR of xx% during the forecast period. The toy blocks with more than 100 pieces are often preferred by kids, as they provide a wide variety of shapes and sizes, allowing for complex and imaginative constructions.
-
Based on age group, the global wood toy block market is segregated into infant (under 1 year), toddler (1 to 3 years), and above 3 years. The toddler (1 to 3 years) segment accounted for xx% share of the market in 2022 and is projected to expand at a notable CAGR during the forecast period. The natural texture of wood provides a tactile experience, stimulating sensory exploration in toddlers. Wooden blocks are durable, withstanding the rough handling that is common in toddler play. Moreover, these blocks promote fine motor skills, as toddlers grasp, stack, and knock them down. All these factors drive the segment during the forecast period.
-
Based on distribution channel, the global wood toy block market is bifurcated into online and offline. The offline segment is projected to expand at a CAGR of XX% during the forecast period, owing to the benefits of quick product return without delay, availability of various products, and personalized recommendations from the staff. General stores are anticipated to generate maximum revenue during the forecast period, owing to the availability of various brands under a single roof. This, in turn, drives the offline segment.
-
Based on regions, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe accounted for a XX% share of the market in 2022, due to the growing emphasis on educational toys in the region. Moreover, the trend of customization is gaining traction in the region, with manufacturers offering personalized wooden toy block sets. This allows parents and gift-givers to create unique sets tailored to a child’s preferences, enhancing the sentimental value of the toys.
Key Developments
-
In January 2024, Melissa & Dough, was acquired by Spin Master Corp, a leading global children's entertainment company for USD 950 million.
-
In November 2022, Hape Holding AG have entered into an agreement for the acquisition of 85% stakes in E-KID. E-KID is a key manufacturer on the baby furniture market in Europe, operating across two production facilities. The main plant, which is also the headquarter of the company, is based in Sebeș and targets the mass-market segment, while the plant in Brașov manufactures high-end specialized furniture.
Report Scope:
Report Metric |
Details |
Market Value in 2022 |
US$ 2,083.2 Million |
Market Growth Rate (from 2022 to 2031) |
5.0% |
Historical Data |
2016 & 2021 |
Base Year |
2022 |
Forecast Period |
2023 – 2031 |
Units Considered |
Value (US$ Million) |
Market Segments |
By Type, By Age Group, By Distribution Channel, and By Region |
Key Companies Profiled |
Gollnest & Kiesel GmbH & Co. KG; GRIMM'S Spiel und Holz Design; HABA Sales GmbH & Co. KG; Hape Holding AG; Maison Battat Inc.; Maple Landmark; Melissa & Doug; PlanToys; South Bend WoodWorks; Uncle Goose; and others. |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail of tailor-made purchase options to meet your research requirements. |
Target Audience:
-
Supply-side: Raw Material Suppliers, Manufacturers, Suppliers/Distributors and Logistics, End-users/Applications
-
Regulatory Side: Concerned government authorities, and other approved regulatory bodies.
-
-
U.S. Consumer Product Safety Commission (CPSC)
-
Canada: Health Canada's Consumer Product Safety Directorate (CPSD)
-
Australia: Australian Competition and Consumer Commission (ACCC)
-
United Kingdom: Office for Product Safety and Standards (OPSS), and etc
-
-