Outdoor Toys Market Size, Share, Growth, and Industry Analysis, By Type (Outdoor Playset, Ride-on Toys/ Vehicles, Water Toys & Pool Floats, Trampolines, and Others), By Application (0-1 Baby, 1-3 Toddler, 3-5 Pre-schooler, and 5+ Kid) and Regional Forecast to 2032

OUTDOOR TOYS MARKET REPORT OVERVIEW

The global outdoor toys market size expanded rapidly XX in 2023 and the market is projected to grow substantially XX by 2032, exhibiting a prodigious CAGR XX during the forecast period.

It is a type of toy developed and manufactured to be played with in the outside environment with an emphasis on social, creative, and physical entertaining plays for children. These toys range from playhouses, trampolines, climbing frames, and the rest; the minimal toys include balls, kites, and the lot. They are sometimes manufactured from sturdy fabrics and can therefore accommodate different climatic conditions and hectic usage of the equipment. Such as the water play sets, sand pits, swing sets, and ride-on toys; they all offer the children different forms of play and developmental aspects.

As parents become more conscious about their children’s mental and physical health by engaging them in outside play, the market for outdoor toys tends to be saturated and grow continuously. Marketing’s prevailing shifts indicate the extended customer buying tendencies towards creative and environmentally friendly products with more attention to the design and quality of the material. Weather also affects the market, more people will opt for a car rental during the summer, and festive seasons. Today’s leaders in this industry are constantly integrating smart and engaging aspects into their products that students and young adults with technical experiences would value but maintaining the core value of outdoor products.

COVID-19 Impact: Market Growth Increased by Pandemic due to Parent’s Desire to Create Play Setting at Home

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The market for out-of-door toys noticed a sharp growth in call for because of the COVID-19 epidemic, as families searched for strategies to hold their kids occupied and engaged in the course of lockdowns and social distancing protocols. Parents have been investing more in outside playsets, trampolines, and journey-on toys to create exciting play settings at home due to the closure of public playgrounds and entertainment facilities. Due to this change in consumer conduct, the marketplace for outside toys noticed an increase and income growth as well as a growth within the wide variety of revolutionary products supplied to meet the growing need for outdoor amusement that might be loved interior.

LATEST TRENDS

"Popularity of Eco-Friendly Product leads the Market Expansion"

The newest development happening in the outdoor toy market is the development of organic and environment-friendly toys. Due to the growing consumer awareness about product’s impact on the planet, the emphasis is being placed on the production of toys from recycled items, biodegradable polymers, and environmentally friendly wood. In addition, the technology aspect of outdoor play is equally advanced with the incorporation of things like AR games and toys that interconnect the virtual and the real world. As a result of this impressive blend of technology and sustainability, modern, environmentally mindful families are finding outdoor toys to be more appealing.

OUTDOOR TOYS MARKET SEGMENTATION

By Type

Based on type the market is classified as Outdoor Playset, Ride-on Toys/ Vehicles, Water Toys & Pool Floats, Trampolines, and Others.

• Outdoor Playset: In gardens or backyards, children can enjoy recreational play with structures like swings, slides, and climbing frames.
• Ride-on toys/vehicles: Children can ride toys and vehicles, which are small-scale replicas of cars, bikes, and scooters often propelled by electric motors, pushing, or pedaling.
• Water Toys & Pool Floats: Made for enjoyment and play in pools or other bodies of water, water toys and pool floats include inflatable rafts, water pistols, and pool noodles.
• Trampolines: Trampolines are spring-based platforms that provide a bouncing surface and enjoyable and recreational exercise for kids and adults alike.

By Application

Based on application the market is classified 0-1 Baby, 1-3 Toddler, 3-5 Pre-schooler, and 5+ Kid.

• Baby: Toys in this category are made to encourage the development of fundamental motor skills and sensory perception. They frequently have soft materials, vibrant colors, and straightforward interactive features.
• 1-3 Toddler: Toys for toddlers (ages 1-3) include ride-on, push toys, and tiny playsets that are designed to improve early walking, coordination, and fundamental cognitive abilities.
• 3-5 Preschooler: Playhouses, tricycles, and themed playsets are among the toys designed to encourage imaginative play and the development of social skills in preschoolers.
• 5+ Kid: Bicycles, larger outdoor play structures, and sporting equipment are examples of toys meant for children five years old and up that encourage more complicated physical activity and inventiveness.

DRIVING FACTORS

"Growing Focus on Outdoor Physical Activity Lead to Market Growth"

Increased consciousness of opportunities for outside workouts and physical activities to enhance the kid’s improvement and well-being is one of the most enormous elements stimulating the demand for these toys. As the concern over weight problems and state of being inactive amongst children increases it is therefore less difficult for dad and mom or figure caregivers to encourage outside play. Some toys encompass playsets, journey-on motors, and trampolines, and assist the kid to be entertained thus having a laugh, studying motor abilities, and constructing on-frame energy and well-being. People are paying greater attention to outdoor toys as clients are conscious of and involved approximately bodily health.

"Technological Advancements and Product Innovation Lead to Market Growth"

The out-of-door toy enterprise's constant innovation and technical developments are another essential motivator. To pique the interest of parents and youngsters, manufacturers continuously create modern and captivating objects that combine the newest trends and technologies. Toys have become more popular and easily available due to the fact to improvements like solar-powered trip-on motors, interactive playsets with clever functions, and lengthy-lasting, environmentally friendly materials. The industry is developing due to those innovations, which improve playtime whilst still adhering to changing safety and environmental regulations

RESTRAINING FACTORS

"Safety Cocerns Impede Market Growth"

Safety worries are the primary detail that is restricting the outdoor toys market growth. The viable risks of the use of outdoor play systems, like falls, accidents, and exposure to dangerous materials, are making dads moms, and caregivers greater cautious. Due to the stern safety requirements and policies that manufacturers have to follow due to this accelerated awareness, manufacturing charges may also upward thrust, and product innovation may be confined. Furthermore, unfavorable press attributable to mishaps or recollects can profoundly affect client confidence and shopping intentions, thus impeding marketplace expansion.

OUTDOOR TOYS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominating the Market due to High Consumer Spending"

Mainly because of factors such as the heavy spending power of consumers on outdoor recreation, availability of large pieces of land, and strong cultural inclination toward outdoor recreation activities, North America currently controls a larger outdoor toys market share. Due to the large number of inhabitants, excessive degree of disposable income, and the main market contributors reminiscent of Hasbro and Mattel, America plays a distinctive function. Besides contributing to the marketplace in this segment, there are two debonair characteristics of the circle of relatives ' doorway activities and kids’ emerging passion for health.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The market for out of doors toys is dominated with the aid of some of the most important organizations that target offering a wide style of products to in shape diverse age groups and tastes. Among them are producers of modern outside playsets and journey-on toys designed to inspire each imaginitive play and physical workout routines. Businesses focusing on pool floats and water toys give aquatic and seasonal entertainment, and people who make trampolines offer health and leisure blessings. The market moreover incorporates manufacturers of different outside toys like kites, wearing goods, and outside games, all of which add to the dynamic and cutthroat surroundings of the area.

List of Market Players Profiled

• HASBRO (U.S.)
• Magic Cabin (U.S.)
• Decathlon (France)
• FISHER PRICE (U.S.)
• Disney(U.S.)
• MATTEL(U.S.)
• Hedstrom(U.S.)
• LEGO (Denmark)
• SMOBY(France)
• RUSS(U.S.)
• BRIO (Sweden)
• Auby Toys (China)
• SASSY(U.S.)

INDUSTRIAL DEVELOPMENT

February 2024: One of the biggest discount home stores in America, Big Lots, Inc., said it had concluded a deal to buy the whole line of children's toys under the acclaimed Hearthsong brand.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.