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Stem Toys Market Share

Report ID: GMI8793
Published Date: Apr 2024
Report Format: PDF

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Stem Toys Market Share

Global Company Market Share Analysis, 2023

These prominent companies are proactively involved in strategic endeavors including mergers & acquisitions, facility expansion, and partnerships to diversify their product offerings, expand their customer reach, and solidify their market position. Together, the top five mentioned companies collectively occupied around 10% to 15% of the global market share in 2023. They consistently allocate resources to research & development, enhancing their products and integrating innovative technologies to maintain a competitive edge.

Stem Toys Market Companies

Major players operating in the stem toys industry include:

BanBao
Bandai
Gigotoys
Goldlok Toys
Guangdong Loongon
Guangdong Qman Culture Communication
Hasbro
K’NEX
LEGO Group
Mattel
Melissa and Doug
ShanTou LianHuan Toys and Crafts
Spin Master
TAKARA TOMY
Vtech

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of stem toys reached USD 5.5 billion in 2023 and is set to witness 9.1% CAGR up to 2032, as it offers engaging experiences that go beyond traditional recreational activities.

Engineering stem toys segment held a revenue of USD 1.7 billion in 2023 and is poised to exceed USD 4.2 billion by 2032, as it provides hands-on learning experiences that allow children to build, create, and experiment.

North America stem toys industry generated USD 1.8 billion in 2023, driven by increased importance on STEM subjects and government initiatives.

BanBao, Bandai, Gigotoys, Goldlok Toys, Guangdong Loongon, Guangdong Qman Culture Communication, Hasbro, K’NEX, LEGO Group, Mattel, Melissa and Doug, ShanTou LianHuan Toys and Crafts among others.