NEW YORK, March 3, 2021 /PRNewswire/ -- The "Toys Market in Europe by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024" report has been added to Technavio's offering.
The toys market in Europe is expected to grow by USD 8.02 billion, progressing at a CAGR of about 5% during the forecast period. Get Free Sample Report in MINUTES
The expanding product portfolio is one of the major factors propelling market growth. However, factors such as availability of counterfeit products will hamper the market growth.
More details: https://www.technavio.com/report/toys-market-analysis-in-Europe-industry
What our reports offer:
Toys Market in Europe: Product Landscape
Activity toys include products such as frisbees and hula hoops, which are used for recreation, sports, fitness, and juggling. The demand for outdoor and sports toys will rise due to factors such as the growing concerns of childhood obesity and other health problems. Moreover, the expansion of the middle-class population, the declining child mortality rates, and the increasing birth rate will influence the growth of the market. The growing disposable incomes and the rising household final consumption expenditure will increase the spending power among consumers. This will enable them to purchase construction toys, especially premium, and branded categories, thereby driving the value sales of construction and activity toys. Market growth in this segment will be slower than the growth of the market in the soft toys and accessories, outdoor and vehicle toys, and games and puzzles segment.
Toys Market in Europe: Distribution Channel
The specialty stores segment includes exclusive brand stores, multi-brand stores, toy stores, baby and kids' product stores, and airport retail stores. The availability of a wide assortment of products and the presence of trained personnel are a few of the significant factors responsible for the high revenue generation of the European toys market through this distribution channel. Market growth in this segment will be slower than the growth of the market in the e-retailers segment.
Companies Covered:
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/toys-market-analysis-in-europe-industry
SOURCE Technavio
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