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HomeBusinessEducational Toys Market to grow by $28.40 Billion: Technavio

Educational Toys Market to grow by $28.40 Billion: Technavio

23 June 2021: Educational toys market is expected to grow by USD28.40 billion during 2021-2025, according to Technavio. Technavio has announced its latest market research report titled Educational Toys Market by Product, Age and Geography – Forecast and Analysis 2021-2025

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

Major Three Educational Toys Market Participants:
# Ltd. Ltd. offers an Academy of STEAM series that has been developed in order to cope with the new trend in education science that incorporates arts within the STEM curriculum.
# Johnco Productions Pty Ltd.
Johnco Productions Pty Ltd. offers educational DIY solar, coding and robotics build-and-play kits for children.
# Learning Resources Ltd.
Learning Resources Ltd. offers math cubes, square charts and others.

Educational toys market is segmented as below: Academic Toys, Cognitive Toys, Motor Skills Toys and Other Toys.

Application: 0-4 Years, 4-8 Years and Above 8 Years.

Geography: APAC, North America, Europe and South America.

The educational toys market is driven by the increasing demand for smart toys. In addition, the shift in the consumer mindset toward green educational toys is expected to trigger the educational toys market toward witnessing a CAGR of over 14% during the forecast period.

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