The fidget toys global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Fidget Toys Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The fidget toys market size has grown rapidly in recent years. It will grow from $5.31 billion in 2023 to $6.08 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to increasing awareness of stress relief benefits, rising prevalence of attention disorders, demand for sensory toys in educational settings, innovations in toy design, influence of early viral trends, growing interest in mental health, need for portable, engaging tools for children and adults.
The fidget toys market size is expected to see rapid growth in the next few years. It will grow to $10.46 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to increasing focus on mental wellness and mindfulness, expansion of customization options, rising demand for eco-friendly products, development of new and innovative designs, the growth of online retail channels, and ongoing celebrity endorsements and social media influence. Major trends in the forecast period include integration of smart technology, eco-friendly and sustainable materials, customizable and personalized designs, fidget toys into wearable formats, growth in interactive and educational variants, influence of viral social media.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/fidget-toys-global-market-report
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The increase in stress and anxiety is expected to propel the growth of the fidget toys market going forward. Stress and anxiety refer to a state of mental and emotional tension or discomfort resulting from pressure (stress) and persistent worry or fear (anxiety). The increased work pressures, social expectations, and financial instability contribute to growing psychological strain. Fidget toys help alleviate stress and anxiety by channeling excess nervous energy, improving focus, and providing sensory engagement, which can reduce overall tension and promote relaxation. For instance, in October 2023, according to the Australian Bureau of Statistics (ABS), an Australia-based organization, approximately 42.9% of individuals aged 16 to 85 have experienced a mental disorder at some point in their lives. In addition, 21.5% of this population had a mental disorder within the past year, with anxiety being the most prevalent, affecting 17.2% of those aged 16 to 85. Among those aged 16 to 24, 38.8% reported having a mental disorder in the last year. Therefore, the increase in stress and anxiety is driving the growth of the fidget toy market.
Market Trends –
Major companies operating in the fidget toys market are developing bendable fidget toys to enhance sensory stimulation, improve focus, and provide effective stress relief for diverse users. Bendable fidget toys are flexible toys that can be twisted and shaped, offering a hands-on way to reduce stress and maintain focus. For instance, in September 2023, Fun in Motion Toys, Inc., a US-based toy manufacturer, launched Nockles. Nockles are innovative, soft, and bendable fidget toys that snap together, pull apart, and form different geometric shapes. The toys provide sensory stimulation and can help with sensory processing, stress relief, and focus. The collection includes five vibrant and interconnectable products, including Diga, Loop, Tetra, Cube, and Sphere, designed for both simple and advanced fidgeting, catering to those who want a quick distraction or a more interactive play experience.
The fidget toys market covered in this report is segmented –
1) By Type: Calming Fidget Toy, Alerting Fidget Toy, Chewy Fidget Toy, Resistance Fidget Toy, Tactile Fidget Toy, Other Types
2) By Material: Plastic, Metal, Silicone, Wood, Other Materials
3) By Distribution Channel: Online, Offline
4) By Application: Attention Deficit Or Hyperactivity Disorder, Autism, Asperger Syndrome, Other Applications
Get an inside scoop of the fidget toys market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19435&type=smp
Regional Insights –
North America was the largest region in the fidget toys market in 2023. The regions covered in the fidget toys market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the fidget toys market are LEGO Group, Hasbro Inc., Mattel Inc., Spin Master Corp., Zuru Inc., Ravensburger AG, Fat Brain Toys LLC, Funskool Ltd., Schylling Inc., Goliath Games LLC, ARK Therapeutic Services Inc., Bouncy Bands LLC, Calm Strips LLC, Fun in Motion Toys Inc., Harkla, Sensory Direct Limited, Tangle Inc., The Pencil Grip Inc., Antsy Labs LLC, Mindware Inc., Rysilicone.com
Table of Contents
1. Executive Summary
2. Fidget Toys Market Report Structure
3. Fidget Toys Market Trends And Strategies
4. Fidget Toys Market – Macro Economic Scenario
5. Fidget Toys Market Size And Growth
…..
27. Fidget Toys Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
