The global baby doll market size was USD 6.36 Billion in 2021 and is expected to register a revenue CAGR of 9.2% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is expected to be driven by technological innovation in the manufacturing of dolls, and rising consciousness about sustainable dolls and smart dolls
Playing with dolls is said to be important to a child's development. Very young children's daily experiences include learning about and experiencing human connections on a large scale. According to experts, doll play offers young children several developmental benefits. Along with providing social and emotional benefits, playing with dolls can help a kid develop skills that will help them get ready for preschool. New technologies like data science and Artificial Intelligence (AI) are increasingly being used in the production of dolls. Smart toys that employ machine learning and other types of artificial intelligence can collect children's data in a variety of ways. Additionally, it intensifies doll play and promotes social qualities like responsibility, empathy, and companionship, among others. The sales of sustainable baby dolls are rapidly increasing as parents become more environmentally conscientious. Parents always want to provide their kids or toddlers with the best, and they always favor organic and ecological goods. They also prefer purchasing baby dolls in the same way. Consequently, the demand for eco-friendly baby dolls is rapidly rising.
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Market Dynamics:
The global Baby Doll market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 pandemic. Rapid revenue growth is attributed to factors such as rising disposable income, improvements in standard of living, and increasing preference for organic food and plant based food products. Moreover, rising health conscious population, increasing preference for online shopping and doorstep deliveries and growing inclination of veganism in several countries across the globe and increasing focus on developing novel products to cater to consumer demand are other factors expected to support market growth going ahead.
Competitive Landscape:
The research report offers details about leading companies in the global Baby Doll market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
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Major Companies:
- Symbiote Studios,
- LLC,
- Mattel,
- Make My Toy,
- Zhongshan Kaishimei Trading Co., Ltd.,
- Xianju Yidu Gifts Co. Ltd,
- Artsana S.p.A,
- Everwin Toys Industry Co., Ltd.,
- Bella Luna Toys,
- JC Toys Group, Inc.,
- Madame Alexander Doll Company LLC
Market Segmentation:
The report also sheds light on the market segmentation based on type, application and region:
By Type Outlook
- Conventional dolls
- Smart dolls
- Others
By Distribution Channel
- Offline
- Online
Baby Doll Market Segmentation based on Regions:
North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East Africa
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