Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Sports and Outdoor Toys Market Size

The global sports and outdoor toys market attained a value of USD 15,324.2 million in 2023. The market is estimated to grow at a CAGR of 4.6% during 2024-2032 to reach a value of USD 23,189.8 million by 2032.

 

Key Takeaways

  • The rising sustainability concerns among consumers are compelling manufacturers to produce toys free of non-biodegradable materials.
  • Subscription-based toy service models are popular among consumers due to their on-time delivery.
  • Manufacturers are incorporating advanced technology such as artificial intelligence in toys to make them interactive.

 

The global sports and outdoor toys market is experiencing significant transition, characterised by innovation, consumer health consciousness, and technological integration. As families increasingly recognise the importance of physical activity and outdoor play for children's holistic development, the demand for sports and outdoor toys has surged. These toys promote physical activities and encourage kids to spend time outdoors while also boosting the development of motor and coordination skills.

 

Sports and Outdoor Toys Market Report Snapshots

Sports and Outdoor Toys Market Size

Sports and Outdoor Toys Market Trends

Sports and Outdoor Toys Companies

Sports and Outdoor Toys Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market attained a value of USD 15,324.2 million in 2023.

The market is estimated to grow at a CAGR of 4.6% during 2024-2032

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 23,189.8 million by 2032.

The major market drivers include increasing awareness about the benefits of engaging in outdoor activities, availability of a wide range of sports and outdoor toys, and increasing disposable incomes.

The key trends fuelling the growth of the market include the development of innovative toys leveraging advanced technologies like AI, growing need to introduce children to sports at an early age, and demand for toys with sustainable materials.

The various age groups in the market for sports and outdoor toys include less than 5 years, between 5-10 years, and above 10 years.

The key regional markets for sports and outdoor toys are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The different distribution channels are online channel, speciality stores, hypermarkets and supermarkets, departmental stores, among others.

The key players in the market include The Great Outdoor Toy Company, Simba Dickie Group GmbH, Decathlon, Spin Master Corporation, Hasbro, Inc., Mattel, Inc., The Walt Disney Company, Outdoor Toys, and Vuly Property Pty Ltd, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

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