Report : North America 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)
Residential Segment to Dominate North America Inflatable Toys Market during 2019–2028
According to a new market research study on “North America 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$ 858.80 million by 2028 from US$ 683.39 million in 2021. The market is estimated to grow at a CAGR of 3.3% from 2021 to 2028. Growing popularity of inflatable toys among children and parents is the major factor driving the growth of the North America inflatable toys market. However, quality, safety, and sustainability concerns may hinder the growth of North America inflatable toys market. The report provides trends prevailing in the North America inflatable toys market along with the drivers and restraints pertaining to the market growth.
The North America inflatable toys market is segmented into end use, type, distribution channel, and country. Based on end use, the North America inflatable toys market is segmented into residential and commercial. In 2020, the residential segment held the largest share North America inflatable toys market. Based on type, the North America inflatable toys market is segmented into inflatable pool, inflatable animal, inflatable ball, and others. In 2020, the others segment held the largest share North America inflatable toys market. Based on distribution channel, the North America inflatable toys market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets and hypermarkets segment held the largest share North America inflatable toys market. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020.
Bestway Inflatables and Material Corp.; General Inflatable; Happy Inflatable Co. Ltd.; HearthSong; Intex Marketing Ltd; Jet Creations Inc; Joyin; Little Tikkes; and Waddle & Friends, Inc. are among the leading companies in the North America 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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