The Global Educational Toy Market Size is Expected to Grow at a CAGR of 8.54% by 2030
The global educational toy market is expected to achieve a CAGR growth of 8.54% by 2030, a recent market study shows. The sector had a total market value of USD 81.05 billion in 2023, and it is expected to reach nearly USD 150 billion by 2030, the study estimates.
According to the market analysis, the educational toy sector is thriving, mainly because of the escalated awareness among parents regarding the need for educational and learning-focused toys and games.
As you may know, the current educational toy market spans a wide array of items, ranging from thought-evoking STEM toys to highly interactive toys like puzzles, logical games, books, and more.
Of course, the growing focus of parents on the cognitive development of their kids from an early age is a main factor that fuels market expansion across the world, including Qatar, where BravoKids offers high-quality learning and educational toys.
The future growth of the educational toy market is expected to be further enhanced by the latest trends, driven by the rapid emergence of augmented reality (AR) and artificial intelligence (AI) technologies.
Obviously, the swift integration of AI technologies will enrich the sector with a more impressive range of toys designed to ignite children’s minds in innovative and personalized ways.
Notice: The Main Image is AI-Generated.
