Saudi Arabia Toys and Hobby Goods Market (2024-2030) | Growth, Size, Revenue, Outlook, Companies, COVID-19 IMPACT, Analysis, Trends, Value, Share, Industry & Forecast

Market Forecast By Type (Sports Toys, Intellectual Toys, Education Toys, Decorative Toys, Other), By Application (Online Sales, Offline Sales, Others) And Competitive Landscape
Product Code: ETC017219 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Toys and Hobby Goods Market Synopsis

The Saudi Arabia toys and hobby goods market is expected to reach US$ 1.9 billion by 2026, registering a CAGR of 5.1% over the forecast period (2020-2026). The country??s rising disposable income, along with the increased demand and awareness for innovative toy products among consumers, are helping propel growth in the industry. Moreover, technological advancements are also aiding in driving market expansion.

Market Drivers

Rising disposable incomes have enabled parents to spend more on their children education and leisure activities such as toys & hobbies. This has led to an increase in expenditure on high-end toys that offer more features than traditional ones. Technological advancements have been instrumental in propelling growth in this sector due to increasing consumer preference for technologically advanced entertainment products such as drones and remote control vehicles which provide enhanced user experience through augmented reality gaming experiences or artificial intelligence capabilities etc., thus boosting revenue generation from these segments significantly during the forecast period 2020-2026.

Challenges of the Market

Fluctuations In Oil Prices - As Saudi Arabia economy is largely dependent upon oil export revenues it faces significant volatility when there are fluctuations in oil prices globally leading to reduced purchasing power of individuals throughout the region resulting lower spending towards recreational activities including purchase of toys & hobby goods hampering potential market growth opportunities during 2020-2026.

Covid 19 Impact on the Market

The Covid 19 pandemic has had a negative impact on global economic development causing disruption across multiple industries impacting demand supply chain management with delays or shortage of inventories leading towards cost inflation thereby affecting sales performance across all countries worldwide negatively however government initiatives supporting SME businesses providing financial assistance etc enabling operations resume slowly but steadily specifically within entertainment section wherein kids were locked down inside homes looking out for some fun activites involving remote control cars drone flying video game playing robot building etc fuelling surge demand witnessed toward robotic sets DIY kits RC car models plastic construction kits action figures board games trading card games jigsaw puzzles etc aiding quick recovery from pandemic crisis situation.

key players of the Market

Some major players in Saudi Arabia toys and hobby goods industry include Hasbro Inc., Mattel Inc., Giochi Preziosi SPA., Bandai Co. Ltd., Jazwares LLC, LEGO A/S, TOMY Company Ltd., Spin Master Corp., Ravensburger AG & Co KGAA and MGA Entertainment Inc.

Key Highlights of the Report:

  • Saudi Arabia Toys and Hobby Goods Market Outlook
  • Market Size of Saudi Arabia Toys and Hobby Goods Market, 2023
  • Forecast of Saudi Arabia Toys and Hobby Goods Market, 2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Revenues & Volume for the Period 2020-2030
  • Saudi Arabia Toys and Hobby Goods Market Trend Evolution
  • Saudi Arabia Toys and Hobby Goods Market Drivers and Challenges
  • Saudi Arabia Toys and Hobby Goods Price Trends
  • Saudi Arabia Toys and Hobby Goods Porter's Five Forces
  • Saudi Arabia Toys and Hobby Goods Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Sports Toys for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Intellectual Toys for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Education Toys for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Decorative Toys for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Other for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Online Sales for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Offline Sales for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Toys and Hobby Goods Market Revenues & Volume By Others for the Period 2020-2030
  • Saudi Arabia Toys and Hobby Goods Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Saudi Arabia Toys and Hobby Goods Top Companies Market Share
  • Saudi Arabia Toys and Hobby Goods Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Toys and Hobby Goods Company Profiles
  • Saudi Arabia Toys and Hobby Goods Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Toys and Hobby Goods Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Toys and Hobby Goods Market - Industry Life Cycle

3.4 Saudi Arabia Toys and Hobby Goods Market - Porter's Five Forces

3.5 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Saudi Arabia Toys and Hobby Goods Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Toys and Hobby Goods Market Trends

6 Saudi Arabia Toys and Hobby Goods Market, By Types

6.1 Saudi Arabia Toys and Hobby Goods Market, By Type

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Sports Toys, 2020-2030F

6.1.4 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Intellectual Toys, 2020-2030F

6.1.5 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Education Toys, 2020-2030F

6.1.6 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Decorative Toys, 2020-2030F

6.1.7 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Other, 2020-2030F

6.2 Saudi Arabia Toys and Hobby Goods Market, By Application

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Online Sales, 2020-2030F

6.2.3 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Offline Sales, 2020-2030F

6.2.4 Saudi Arabia Toys and Hobby Goods Market Revenues & Volume, By Others, 2020-2030F

7 Saudi Arabia Toys and Hobby Goods Market Import-Export Trade Statistics

7.1 Saudi Arabia Toys and Hobby Goods Market Export to Major Countries

7.2 Saudi Arabia Toys and Hobby Goods Market Imports from Major Countries

8 Saudi Arabia Toys and Hobby Goods Market Key Performance Indicators

9 Saudi Arabia Toys and Hobby Goods Market - Opportunity Assessment

9.1 Saudi Arabia Toys and Hobby Goods Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Saudi Arabia Toys and Hobby Goods Market Opportunity Assessment, By Application, 2020 & 2030F

10 Saudi Arabia Toys and Hobby Goods Market - Competitive Landscape

10.1 Saudi Arabia Toys and Hobby Goods Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Toys and Hobby Goods Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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