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Stem Toys Market Share

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

Stem Toys Market Share

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
  • 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.

Stem Toys Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 23
  • Pages: 161
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