Global Stuffed Animals and Plush Toys Market, By Product Type (Cartoon Toys, Traditional Stuffed Animals, Battery Operated, Action Figures and Model Play, Dolls and Play sets, Customizable Stuffed Animals and Special Feature Plush and Puppets), By Stuffing Filling (Synthetic Toy Fillings, Natural Toy Fillings, Eco- friendly Toy Stuffing, Organic Toy Stuffing and Blended Materials), Distribution (Hyper/ Super market, E-commerce, Toy Stores, Discount Stores, Hobby, and Craft Stores and Other Sales Channels), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Stuffed Animals and Plush Toys Market
The stuffed animals and plush toys market is expected to be growing at a growth rate of 8.00% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of stuffed animals and plush toys market. This rise in stuffed animals and plush toys market value can be attributed to the various factors such as rise in the movie franchise sector, growing popularity of e-commerce platforms in the developing economies, and increasing personal disposable income. Therefore, the stuffed animals and plush toys market value, which was USD 8150 million in 2020, will shoot up to USD 15085.08 million by 2028.
The stuffed animals and plush toys are made out of soft textiles or fabrics. The stuffed animals and plush toys are available in a wide range of shapes, sizes, colours, and designs. The stuffed animals and plush toys are available via both online and offline modes of distribution.
Rising children population and increasing personal disposable income are the major factors fostering the growth of stuffed animals and plush toys market. Growing popularity of animated shows and movies, rising availability of all kinds of stuffed animals and plush toys, and growing focus of the manufacturers on product innovations are some other indirect stuffed animals and plush toys market growth determinants. Increasing prevalence of neurological diseases will also create lucrative and remunerative stuffed animals and plush toys market growth opportunities in the long run.
- On the flip side, the manufacturing process results in wide scale production of wastewater and other harmful pollutants, and this will pose a major challenge to the growth of stuffed animals and plush toys market in the long run. Unstable prices of raw materials and rising cost wars among existing vendors will further derail the stuffed animals and plush toys market growth rate.
This stuffed animals and plush toys market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on stuffed animals and plush toys market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Stuffed Animals and Plush Toys Market Scope and Market Size
The stuffed animals and plush toys market is segmented on the basis of product type, stuffing filling, and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the stuffed animals and plush toys market is segmented into cartoon toys, traditional stuffed animals, battery operated, action figures and model play, dolls and play sets, customizable stuffed animals, and special feature plush and puppets.
- On the basis of stuffing filling, the stuffed animals and plush toys market is segmented into synthetic toy fillings, natural toy fillings, eco- friendly toy stuffing, organic toy stuffing and blended materials.
- On the basis of distribution channel, the stuffed animals and plush toys market is segmented into hyper/ super market, e-commerce, toy stores, discount stores, hobby and craft stores and other sales channels. Other sales channel segment is sub-segmented into electronics and video stores and gift shops.
Stuffed Animals and Plush Toys Market Country Level Analysis
The stuffed animals and plush toys market is analysed, and market size, volume information is provided by country, product type, stuffing filling, and distribution channel as referenced above.
The countries covered in the stuffed animals and plush toys market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the stuffed animals and plush toys market and will continue to flourish its trend of dominance during the forecast period owing to the wide scale demand for customizable toys. Asia-Pacific, on the other hand will project the highest CAGR. Rising personal disposable income, rapid globalization, westernization, modernization, and rising fondness for franchise movies are some major market growth determinants for this region.
The country section of the stuffed animals and plush toys market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Stuffed Animals and Plush Toys Market Share Analysis
The stuffed animals and plush toys market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to stuffed animals and plush toys market.
The major players covered in the stuffed animals and plush toys market report are Mattel, Bandai Namco Group, Hasbro., The LEGO Group., Simba Dickie Group, Spin Master., BUDSIES CO LLC., Giantmicrobes, Inc., Ty, TOMY, Steiff Retail GmbH, MGA Entertainment, Inc., SANRIO CO., LTD., Melissa & Doug, Build-A-Bear Workshop, Inc., Aurora World, Inc., Teddy Hermann, and Gund. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-