Report : South and Central 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 South and Central America Inflatable Toys Market during 2019–2028
According to a new market research study on “South and Central 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$ 142.92 million by 2028 from US$ 108.83 million in 2021. The market is estimated to grow at a CAGR of 4.0% from 2021 to 2028. Surge in popularity of inflatable toys among children and parents is the major factor driving the growth of the South and Central America inflatable toys market. However, presence of unorganized market may hinder the growth of South and Central America inflatable toys market. The report provides trends prevailing in the South and Central America inflatable toys market along with the drivers and restraints pertaining to the market growth.
The South and Central America inflatable toys market is segmented into end use, type, distribution channel, and country. Based on end use, the South and Central America inflatable toys market is segmented into residential and commercial. In 2020, the residential segment held the largest share South and Central America inflatable toys market. Based on type, the South and Central America inflatable toys market is segmented into inflatable pool, inflatable animal, inflatable ball, and others. In 2020, the others segment held the largest share South and Central America inflatable toys market. Based on distribution channel, the South and Central America 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 South and Central America inflatable toys market. Similarly, based on country, the market is segmented into Brazil, Argentina, and the rest of South and Central America. Brazil 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 South and Central 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.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email Id: sales@businessmarketinsights.com