Stuffed Animal & Plush Toys Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Mattel, Hasbro, Bandai, Ty Inc., Simba Dickie Group, Spin Master

Registering a CAGR of 6.6% over the forecast period of 2022-2027, the global Stuffed Animal & Plush Toys market is anticipated to reach the market value of US$ 13750 million in the year 2027 from US$ 8735.6 million in the year 2021.

Stuffed Animal & Plush Toys Market Overview

The global market for stuffed and plush toys will continue to rise as the world's population of youngsters grows. Manufacturers have chosen sponges, fur apparel, and cotton for the production of stuffed toys due to the rising demand for comfort and soft creature toys. The prevalence of various diseases and illnesses is also projected to favorably impact the worldwide stuffed and plush market's growth. To acquire a competitive advantage over other market participants, manufacturing organizations are increasingly focusing on product development and innovation in tandem with mandated laws.

The demand for stuffed and plush toys is expected to rise due to an increase in the number of occasions and events around the world. Birthdays, Valentine's Day, Christmas, and the New Year are just a few of the events that will continue to drive sales of stuffed and plush toys around the world. Manufacturers are focusing on producing festive toys in the global market as the number of traditional events grows. Furthermore, an increase in the number of puppet shows is predicted to boost global sales of stuffed and plush toys.

Industry News and Updates

May 10, 2021 —Mattel Launches New Toy Takeback Program Called Mattel PlayBack--

Mattel Inc. (NASDAQ: MAT) today announced the launch of Mattel PlayBack, a toy takeback program that will enable families to extend the life of their Mattel toys once they are finished playing with them. The new program is designed to recover and reuse materials from old Mattel toys for future Mattel products, and supports the company’s goal to achieve 100% recycled, recyclable or bio-based plastic materials across all products and packaging by 2030.

What are the major Applications, Types and Regions for Stuffed Animal & Plush Toys Market?

Stuffed Animal & Plush Toys Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Cartoon Toys


• Traditional Stuffed Animals


• Dolls & Playsets


• Customizable Stuffed Animals


• Action Figures & Model Play


• Special Feature Plush and Puppets

By Applications it is segmented into

• Hyper/Super Market


• E-Commerce


• Toy Stores


• Hobby and Craft Stores


• Other Sales

Stuffed Animal & Plush Toys Market Segments Analysis

• The stuffed animal products segment led the global market in 2018 accounting for a share of more than 42%. The segment is projected to expand further at a steady CAGR over the forecast period. The cartoon toy product segment is anticipated to register the fastest CAGR of 9.32% over the forecast period. Rising popularity of various cartoon shows is estimated to drive the demand for these toys, thereby contributing to the segment growth.


• Online channel is expected to be the fastest-growing segment in the market with a CAGR of 10.75% from the year 2019 to 2025. Rapidly expanding e-commerce sector, especially in emerging regions, and rising number of internet and smartphone users are the key factors driving the product sales through online platforms.

Stuffed Animal & Plush Toys Market Regional Analysis

North America has the greatest market share in the global sector due to increasing demand for various types of stuffed and plush toys, namely in the United States and Canada. Furthermore, the need for custom-made soft toys is expected to boost the regional market. Over the forecast period, Asia Pacific is expected to have the highest CAGR of more than 9%. The increased demand for stuffed animal products in nations like China, Japan, and India is responsible for this growth. Improved living standards and rising disposable income levels in these countries would further improve product demand. APAC is projected to have the fastest CAGR of more than 8% over the forecast period. This growth can be credited to the growing demand for stuffed animal products in countries, such as China, Japan, and India. Improved standards of living and rising disposable income levels in these countries will boost the product demand further.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• 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
  
  
  
  

What is our Stuffed Animal & Plush Toys Market report scope?

Key Takeaways from this Stuffed Animal & Plush Toys Report

• Evaluate Stuffed Animal & Plush Toys market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor 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 in your processes.


• Get a quick outlook on the Stuffed Animal & Plush Toys market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Stuffed Animal & Plush Toys Market?

The Stuffed Animal & Plush Toys Market is growing at a CAGR of 6.6% over the next 5 years.

Who are the key players in Stuffed Animal & Plush Toys Market?

Mattel, Hasbro, Bandai, Ty Inc., Simba Dickie Group, Spin Master, TAKARA TOMY, Margarete Steiff GmbH, MGA Entertainment, Sanrio, Melissa & Doug

What are the significant types of Stuffed Animal & Plush Toys Market?

Cartoon Toys, Traditional Stuffed Animals, Dolls & Playsets, Customizable Stuffed Animals, Action Figures & Model Play, Special Feature Plush and Puppets

What are the major end-use applications of Stuffed Animal & Plush Toys Market?

Hyper/Super Market, E-Commerce, Toy Stores, Hobby and Craft Stores, Other Sales

On the basis of type, Which segment is likely to hold the major share in the Stuffed Animal & Plush Toys Market?

Traditional Stuffed Animals segment to hold the largest share in Stuffed Animal & Plush Toys market

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