The North America Construction Toys Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
Learning and educational toys help children and adults develop their imagination, problem-solving, creativity, and cognitive abilities. As a result, there is an increase in demand for learning and educational toys due to quickly shifting consumer preferences, growing demand for high-quality and environmentally friendly toys, fierce pricing competition among major players like Mattel and LEGO, and an increase in online sales.
The children can learn about spatial awareness by using blocks and construction playthings. The child will learn more about their body, the blocks, and how everything fits together in the environment when they develop their own project ideas. The experience of playing teaches kids to recognize and adapt to change. Like where the blocks should go to prevent them from collapsing before they are finished.
Building things with Lego, Duplo, and wooden blocks is a terrific approach to enhancing children's development of their fine-motor abilities. They can practice and refine these specific abilities by connecting, gripping, and moving blocks using their fingers and vision to cooperate.
The Canadian toys & games industry has recently experienced difficult operating conditions as a result of the COVID-19 outbreak. In order to regain their previous position and maintain their competitiveness, Canadian business owners have decreased the pricing of their goods while allowing reasonable imports from other countries with lower labor costs. While the sales of toys and games increased due to an internet platform, which is providing profitable chances for US-based manufacturers.
The US market dominated the North America Construction Toys Market by Country in 2021; thereby, achieving a market value of $4.6 billion by 2028. The Canada market is estimated to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.4% during (2022 - 2028).
Based on Material, the market is segmented into Polymer, Wood, Metal and Others. Based on Product, the market is segmented into Bricks & Blocks, Tinker Toy and Others. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Online and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Construction Toys Market is Estimated to reach $18.1 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hasbro, Inc., Mattel, Inc., Spin Master Corp., LEGO Group (KIRKBI A/S), Ravensburger AG, Magformers LLC, PlayMonster LLC, Bandai Namco Holdings, Inc., Rockaway Records Ltd., Basic Fun, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Polymer
- Wood
- Metal
- Others
By Product
- Bricks & Blocks
- Tinker Toy
- Others
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Online
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hasbro, Inc.
- Mattel, Inc.
- Spin Master Corp.
- LEGO Group (KIRKBI A/S)
- Ravensburger AG
- Magformers LLC
- PlayMonster LLC
- Bandai Namco Holdings, Inc.
- Rockaway Records Ltd.
- Basic Fun, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Construction Toys Market, by Material
1.4.2 North America Construction Toys Market, by Product
1.4.3 North America Construction Toys Market, by Distribution Channel
1.4.4 North America Construction Toys Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Feb – 2021, Dec) Leading Players
Chapter 4. North America Construction Toys Market by Material
4.1 North America Polymer Market by Country
4.2 North America Wood Market by Country
4.3 North America Metal Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Construction Toys Market by Product
5.1 North America Bricks & Blocks Market by Country
5.2 North America Tinker Toy Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Construction Toys Market by Distribution Channel
6.1 North America Hypermarkets & Supermarkets Market by Country
6.2 North America Specialty Stores Market by Country
6.3 North America Online Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Construction Toys Market by Country
7.1 US Construction Toys Market
7.1.1 US Construction Toys Market by Material
7.1.2 US Construction Toys Market by Product
7.1.3 US Construction Toys Market by Distribution Channel
7.2 Canada Construction Toys Market
7.2.1 Canada Construction Toys Market by Material
7.2.2 Canada Construction Toys Market by Product
7.2.3 Canada Construction Toys Market by Distribution Channel
7.3 Mexico Construction Toys Market
7.3.1 Mexico Construction Toys Market by Material
7.3.2 Mexico Construction Toys Market by Product
7.3.3 Mexico Construction Toys Market by Distribution Channel
7.4 Rest of North America Construction Toys Market
7.4.1 Rest of North America Construction Toys Market by Material
7.4.2 Rest of North America Construction Toys Market by Product
7.4.3 Rest of North America Construction Toys Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Hasbro, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Acquisition and Mergers:
8.2 Mattel, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 LEGO Group (KIRKBI A/S)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Research & Development Expenses
8.3.4 Recent strategies and developments:
8.3.4.1 Geographical Expansions:
8.4 Ravensburger AG
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Geographical Expansions:
8.5 Spin Master Corp.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Acquisition and Mergers:
8.5.4.2 Business Expansions:
8.6 Magformers LLC
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 PlayMonster LLC
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Acquisition and Mergers:
8.8 Bandai Namco Holdings, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.9 Rockaway Records Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Basic Fun, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:
TABLE 1 North America Construction Toys Market, 2018 - 2021, USD Million
TABLE 2 North America Construction Toys Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Construction Toys Market
TABLE 4 Product Launches And Product Expansions – Construction Toys Market
TABLE 5 Acquisition and Mergers – Construction Toys Market
TABLE 6 Geographical Expansions – Construction Toys Market
TABLE 7 Business Expansions – Construction Toys Market
TABLE 8 North America Construction Toys Market by Material, 2018 - 2021, USD Million
TABLE 9 North America Construction Toys Market by Material, 2022 - 2028, USD Million
TABLE 10 North America Polymer Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Polymer Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Wood Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Wood Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Metal Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Metal Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Construction Toys Market by Product, 2018 - 2021, USD Million
TABLE 19 North America Construction Toys Market by Product, 2022 - 2028, USD Million
TABLE 20 North America Bricks & Blocks Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Bricks & Blocks Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Tinker Toy Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Tinker Toy Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Construction Toys Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 27 North America Construction Toys Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 28 North America Hypermarkets & Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Hypermarkets & Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Construction Toys Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Construction Toys Market by Country, 2022 - 2028, USD Million
TABLE 38 US Construction Toys Market, 2018 - 2021, USD Million
TABLE 39 US Construction Toys Market, 2022 - 2028, USD Million
TABLE 40 US Construction Toys Market by Material, 2018 - 2021, USD Million
TABLE 41 US Construction Toys Market by Material, 2022 - 2028, USD Million
TABLE 42 US Construction Toys Market by Product, 2018 - 2021, USD Million
TABLE 43 US Construction Toys Market by Product, 2022 - 2028, USD Million
TABLE 44 US Construction Toys Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 45 US Construction Toys Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 46 Canada Construction Toys Market, 2018 - 2021, USD Million
TABLE 47 Canada Construction Toys Market, 2022 - 2028, USD Million
TABLE 48 Canada Construction Toys Market by Material, 2018 - 2021, USD Million
TABLE 49 Canada Construction Toys Market by Material, 2022 - 2028, USD Million
TABLE 50 Canada Construction Toys Market by Product, 2018 - 2021, USD Million
TABLE 51 Canada Construction Toys Market by Product, 2022 - 2028, USD Million
TABLE 52 Canada Construction Toys Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 53 Canada Construction Toys Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 54 Mexico Construction Toys Market, 2018 - 2021, USD Million
TABLE 55 Mexico Construction Toys Market, 2022 - 2028, USD Million
TABLE 56 Mexico Construction Toys Market by Material, 2018 - 2021, USD Million
TABLE 57 Mexico Construction Toys Market by Material, 2022 - 2028, USD Million
TABLE 58 Mexico Construction Toys Market by Product, 2018 - 2021, USD Million
TABLE 59 Mexico Construction Toys Market by Product, 2022 - 2028, USD Million
TABLE 60 Mexico Construction Toys Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 61 Mexico Construction Toys Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 62 Rest of North America Construction Toys Market, 2018 - 2021, USD Million
TABLE 63 Rest of North America Construction Toys Market, 2022 - 2028, USD Million
TABLE 64 Rest of North America Construction Toys Market by Material, 2018 - 2021, USD Million
TABLE 65 Rest of North America Construction Toys Market by Material, 2022 - 2028, USD Million
TABLE 66 Rest of North America Construction Toys Market by Product, 2018 - 2021, USD Million
TABLE 67 Rest of North America Construction Toys Market by Product, 2022 - 2028, USD Million
TABLE 68 Rest of North America Construction Toys Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 69 Rest of North America Construction Toys Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 70 key information – Hasbro, Inc.
TABLE 71 key information – Mattel, Inc.
TABLE 72 key information – LEGO Group
TABLE 73 key information – Ravensburger AG
TABLE 74 Key information – Spin Master Corp.
TABLE 75 Key Information – Magformers LLC
TABLE 76 Key Information – PlayMonster LLC
TABLE 77 Key Information – Bandai Namco Holdings, Inc.
TABLE 78 Key Information – Rockaway Records Ltd.
TABLE 79 Key Information – Basic Fun, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2018, Feb – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Basic Fun, Inc.