E-commerce Toys And Baby Products Market To Grow At 8.1
The global e-commerce toys and baby products market size is expected to reach USD 375.7 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 8.1% from 2021 to 2028. The market growth can be attributed to the growing demand for baby care products from developed and emerging economies. The industry is escalating as a result of various causes, including the resurgence of conventional toys, parents' augmented interest in green toys, and rising awareness regarding the intellectual benefits of building toys. Additionally, manufacturers of these products are dynamically shifting their product offerings by retailing products through e-commerce platforms, such as eBay, Walmart Online, and Amazon, coupled with the introduction of e-stores.
The global e-commerce toys and baby products market size is expected to reach USD 375.7 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 8.1% from 2021 to 2028. The market growth can be attributed to the growing demand for baby care products from developed and emerging economies. The industry is escalating as a result of various causes, including the resurgence of conventional toys, parents' augmented interest in green toys, and rising awareness regarding the intellectual benefits of building toys. Additionally, manufacturers of these products are dynamically shifting their product offerings by retailing products through e-commerce platforms, such as eBay, Walmart Online, and Amazon, coupled with the introduction of e-stores.
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North America is expected to expand at the fastest CAGR of 8.8% from 2021 to 2028 owing to the
growing demand for strollers and car seats from developed nations such as the U.S.
The toys and products for infants type segment held the largest revenue share of over 90.0% in
2020 owing to the rising demand for these products from developing regions
Asia Pacific dominated the market with a revenue share of over 45.0% in 2020 owing to the rising
demand for baby products as a result of the growing awareness regarding child hygiene in this
region
E-commerce Toys & Baby Products Market Segmentation
Million Insights has segmented the global e-commerce toys and baby products market on the basis of type and
region:
E-commerce Toys & Baby Products Type Outlook (Revenue, USD Million, 2017 - 2028)
Toys and Products for Infants
Car Seats
Strollers
Baby Furniture
E-commerce Toys & Baby Products Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
U.S.
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