Educational Toys Market Trends, Industry Share, Growth Drivers, Business Opportunities and Demand Forecast to 2028
The global educational toys market size is projected to grow substantially in the forthcoming years. The growth can be attributed to increasing adoption of Science, Technology, Engineering and Math (STEM) toys by parents for their kids. Fortune Business Insights™ provides this information in an upcoming report titled, “ Educational Toys Market, 2021-2028 .” As per the report, the global market generated USD 64.91 billion in 2020 and USD 68.81 billion in 2021 . It is projected to rise to USD 132.62 billion by 2028, growing at a 9.83% CAGR over the forecast period 2021-2028. Educational toys refer to toys designed for children that help stimulate learning. They are designed for educational purposes or for teaching kids to develop a particular subject or skill. The popularity of these toys is increasing as parents explore innovative solutions for their children to make learning more fun. STEM toys are thus experiencing robust demand across the world. These toys are designed to