Report : Middle East and Africa Inflatable Toys Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By End-Use (Commercial and Residential), Type (Inflatable Pool, Inflatable Animal, Inflatable Ball, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Inflatable Animal Segment to Dominate Middle East & Africa Inflatable Toys Market during 2019–2028
According to a new market research study on “Middle East & Africa Inflatable Toys Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by End Use, Type, and Distribution Channel,” is expected to reach US$ 111.47 million by 2028 from US$ 87.50 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028. Surging online sales of toys is the major factor driving the growth of the Middle East & Africa inflatable toys market. However, presence of unorganized market may hinder the growth of Middle East & Africa inflatable toys market. The report provides trends prevailing in the Middle East & Africa inflatable toys market along with the drivers and restraints pertaining to the market growth.
The Middle East & Africa inflatable toys market is segmented into end use, type, distribution channel, and country. Based on end use, the Middle East & Africa inflatable toys market is segmented into residential and commercial. In 2020, the residential segment held the largest share Middle East & Africa inflatable toys market. Based on type, the Middle East & Africa inflatable toys market is segmented into inflatable pool, inflatable animal, inflatable ball, and others. In 2020, the inflatable animal segment held the largest share Middle East & Africa inflatable toys market. Based on distribution channel, the Middle East & Africa inflatable toys market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores segment held the largest share Middle East & Africa inflatable toys market. Similarly, based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the rest of Middle East & Africa. Saudi Arabia contributed a substantial share in 2020.
Bestway Inflatables and Material Corp.; General Inflatable; Happy Inflatable Co. Ltd.; and Intex Marketing Ltd; are among the leading companies in the Middle East & Africa inflatable toys market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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