The global construction toy market is worth 11.52 billion US dollars in 2025, including Vtech, Lego, Habro, Mattel and Mega Bloks – QNT Press Release

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Dublin, December 24, 2021 /PRNewswire/– “2021 Construction Toys Global Market Report: COVID-19 Growth and Changes” Report has been added to ResearchAndMarkets.com supply.

The global construction toy market is expected to grow from 8.94 billion USD By 2020 9.04 billion USD The compound annual growth rate (CAGR) for 2021 is 1.1%.The market is expected to reach 11.52 billion USD The compound annual growth rate in 2025 is 6.3%.

The introduction of environmentally friendly construction toys is a major trend in the increasingly popular construction toy market. With increasing concerns about the safety of raw materials used in construction toys, and in order to maintain a competitive advantage over other players, major players are developing environmentally friendly and sustainable products.

The increase in disposable income is expected to drive the growth of the construction toy market during the forecast period. The increase in disposable income is driving a healthy surge in global leisure spending. With the increase in disposable income, consumers are willing to invest to improve their living standards, thereby purchasing a wide range of consumer goods and leisure products such as toys.For example, in America, …

The full story can be found on Benzinga.com

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