Registering a CAGR of 0.8% over the forecast period, the market value of Rubik’s Cube is expected to reach US$ 6 million in the year 2027.
Rubik’s Cube Market Overview
Rubik's Cube is a 3-D combination puzzle in the form of a plastic cube covered with multicolored squares, which the player attempts to twist and turn so that all the squares on each face are of the same color.
In recent years, the price of Rubik's Cube is showing a slight upward trend, with more and more innovation and high-end products presented on the market. Rubik's and Dayan are the biggest two players in Rubik's Cube market, with about 21.06% and 7.88% market share separately in 2017 (based on revenue). Other leading players in Rubik's Cube market include GAN Cube, QiYi/MoFangG etc. The market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Each of the Rubik's Cube manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Rubik's Cube manufacturers keep keen on expanding their Rubik's Cube sales. To achieve better sales businesses, Rubik's Cube manufacturers usually invest on their marketing channel infrastructure every year.
The report also assesses the key opportunities in the Rubik's Cube market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Rubik's Cube Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Who are the Major Players in the Rubik’s Cube Market?
The global Rubik’s Cube includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Rubik's, VERDES, Dayan, Cube4you, MoYu, GAN Cube, QiYi/MoFangGe and others.
Industry News and Updates:
GAN ROBOT | YOUR NEW CUBING START
GAN ROBOT (abbreviated "GR") is GAN's pioneering global first intelligent cube robot. Allow GR to demonstrate how he works and plays! It has the following features: One-key Solving/4.31019Scramble States/APP Control
What are the major Applications, Types, and Regions for the Rubik’s Cube Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- Ordinary Rubiks Cube
- Alien Rubiks Cube
By Application, it is segmented into
- Entertainment
- Competition
Rubik’s Cube Market Regional Analysis
Geographically, the consumption market is leading by China, Europe and North America, sales in other regions like Japan, Southeast Asia and India will see significant growth in future period. China is also the largest production base of Rubik's Cube, holds about 61.36% production share in 2017, followed by Europe, with about 20.46% market share. China will keep playing important role in Global market.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Rubik’s Cube Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Rubik’s Cube Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Rubik’s Cube Market report scope?
Report Attributes
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Report Details
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Report Title
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Rubik's Cube Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Rubik's, VERDES, Dayan, Cube4you
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Forecast Period 2022 to 2027 CAGR
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CAGR of 0.8% over the forecast period (2022-2027)
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By Type
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- Ordinary Rubiks Cube
- Alien Rubiks Cube
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By Application
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- Entertainment
- Competition
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By Companies
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Rubik's, VERDES, Dayan, Cube4you, MoYu, GAN Cube, QiYi/MoFangGe
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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96
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Rubik’s Cube Report
- Evaluate Rubik’s Cube market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Rubik’s Cube market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Rubik’s Cube Market is studied from 2017 - 2027.
What is the growth rate of the Rubik’s Cube Market?
The Rubik’s Cube Market is growing at a CAGR of 0.8% over the next 5 years.
Who are the key players in Rubik’s Cube Market?
Rubik's, VERDES, Dayan, Cube4you, MoYu, GAN Cube, QiYi/MoFangGe
What regions does this Rubik’s Cube Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Rubik’s Cube Market?
Ordinary Rubiks Cube, Alien Rubiks Cube
What are the major end-use applications of Rubik’s Cube Market?
Entertainment, Competition
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
