STEM Toys Market Size to Reach Revenues of USD 9.5 Billion by 2025 - Arizton - Seite 2

• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Russia
• Netherlands
• APAC
• China
• Japan
• South Korea
• Australia
• India
• Thailand
• Singapore
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa

The following factors are likely to contribute to the growth of the STEM Toys market during the forecast period:

• Sustainable and Eco-friendly Stem Toys
• Need for Motor Skills and Cognitive Development
• Demand for Robotic Toys

STEM Toys Market – Vendor Landscape

LEGO, Hasbro, and Mattel are enjoying a strong position in the global science, technology, engineering, and mathematics toys market. However, the market still consists of small yet key vendors such as Ravensburger, Spin Master, Learning Resources, Sphero, and Melissa & Doug. With a sufficient number of vendors across all regions, the consumer's choice has been elaborated, making the competition more intense. The STEM toy market can be more versatile in nature, keeping pace with the latest market trends, and the competition is highly crucial for market success. Smaller vendors tend to reduce their games' prices, forcing established vendors to slash their retail prices or suffer losses. The expansion of competition across regions further leads to shorter life cycles of products in the market. The emergence of more and more vendors has led to the frequent introduction of new products.

Get your sample today! https://www.arizton.com/market-reports/stem-toys-market-size-analysis 

Prominent Vendors

• LEGO
• Mattel
• Hasbro
• Learning Resources
• Melissa & Doug

Other Prominent Vendors

• Spin Master
• K'NEX
• Ravensburger
• Goliath
• VTech Electronics
• LeapFrog Enterprises
• ThinkFun
• com
• WowWee Group Limited
• ELENCO ELECTRONICS
• net
• Digital Dream Labs
• Sphero
• Johnco
• Smartivity
• Magna-Tiles
• OWI
• Thames & Kosmos
• SmartLab
• Klutz

Explore our consumer goods and retail tech profile to know more about the industry.