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Toy Market to hit USD 179.4 billion by 2032, says Global Market Insights Inc.
GlobeNewswire·2025-01-30 16:39

Toy industry is projected to witness a CAGR of 5.8% during the period 2024-2032. This growth can be attributed to the growing educational and STEM toys.Selbyville, Delaware, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Toy market size was valued at USD 108.7 billion in 2023 and is projected to expand at a CAGR of 5.8% between 2024 and 2032. Increasingly, parents are opting for toys that promote educational value, focusing on enhancing creativity, critical thinking, and problem-solving skills. This shift has driven th ...