New York, United States , July 23, 2024 (GLOBE NEWSWIRE) -- The Global Jigsaw Toys Market Size is to Grow from USD 470.4 Million in 2023 to USD 606.2 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 2.57% during the projected period.
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Picture puzzles are another term for jigsaw toys. The puzzle is made up of several pieces of wood, pasteboard, or picture form design that have been cut differently. Throughout the game, there are scenes from both architecture and nature. Both kids and adults will find the game to be both enjoyable and instructive. This game requires a high level of cognitive ability to play. It is composed of many components that are intended to fit or come together correctly. Among other things, playing the game can help in the development of self-esteem and memory. Completing the game requires logic, thus playing it is not easy. It is believed that this peak will raise market growth and make rational decisions in all circumstances. It is anticipated that the need for critical thinking and reasoning skills will enhance customer demand for products. Players find it easier to identify colors, patterns, and shapes in puzzles that are typically made up of images. It is projected that the characteristics of the game will drive consumer demand for the products. However, playing the game could make a player lose motivation if they can't find a piece that matches. Growth in the market is expected to be restricted by the game's high time commitment.
Browse key industry insights spread across 193 pages with 112 Market data tables and figures & charts from the Report on The "Global Jigsaw Toys Market Size, Share, and COVID-19 Impact Analysis By Type (Wood Materials, Plastic Materials, and Paper Materials), By Application (Children, and Adults), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The plastic materials segment is anticipated to hold the greatest share of the global jigsaw toys market during the projected timeframe.
On the basis of type, the global jigsaw toy market is divided into wood materials, plastic materials, and paper materials. Among these, the plastic materials segment is anticipated to hold the greatest share of the global jigsaw toy market during the projected timeframe. The plastic materials are easy to use and lightweight. The majority of plastic toys are long-lasting and reusable since they are composed of sturdy, resilient materials that do not break quickly.
The children segment is predicted to hold the greatest share of the global jigsaw toy market during the estimated period.
On the basis of application, the global jigsaw toy market is divided into children and adults. Among these, the children segment is predicted to hold the greatest share of the global jigsaw toy market during the estimated period. The exquisitely crafted and well-designed jigsaw puzzles in this book are ideal for young children.
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North America is expected to hold the largest share of the global Jigsaw Toys market over the forecast period.
North America is expected to hold the largest share of the global jigsaw toys market over the forecast period. Increased investments in licensed puzzle and game sections have led to the development of North America. An increasing need for new concepts and functions, along with an increase in innovations, is likely to drive market growth. Market expansion is expected to be driven by the region's growing disposable income.
Asia Pacific is predicted to grow at the fastest pace in the global jigsaw toys market during the projected timeframe. Asia Pacific due to China can afford low-cost manufacturing machinery. The ability to manage low-cost products and the proliferation of mobile production bases will drive the market's expansion. Because more and more people are becoming price-concerned, the market for jigsaw toys is predicted to grow.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global jigsaw toys market include Funskool India Ltd., Springbok Puzzles, Robotime, Disney, Schmidt Spiele, CubicFun, Educa Borras, Ravensburger, Artifact Puzzles, Tenyo, Cobble Hill, White Mountain Puzzles, Buffalo Games, Castorland, and Others Key vendors.
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Recent Developments
- In June 2024, a Major toy manufacturer in India, Funskool India, launched a unique collection of eighteen toys and games specifically designed to keep kids occupied and educated this holiday season. Children up to 14 years old are covered in the range. Several categories, including Giggles, Games, Fundough, Handycraft, and Play & Learn, are home to the recently introduced products.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global jigsaw toys market based on the below-mentioned segments:
Global Jigsaw Toys Market, By Type
- Wood Materials
- Plastic Materials
- Paper Materials
Global Jigsaw Toys Market, By Application
- Children
- Adults
Global Jigsaw Toys Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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