Kids Activity Box Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

A rise in disposable income, a rising number of working parents, and nuclear families are some of the prominent factors that are contributing to the growing demand for the kids' activity box.  Also, the growing parents’ concern regarding early brain development is leading to the growing market of kids activity boxes. The offering of puzzles, hands-on games, and experiments in the kids activity box helps in the early brain development of kids.  As per CDC, The early years of a child’s life are very important for later health and development. One of the main reasons is how fast the brain grows starting before birth and continuing into early childhood. Although the brain continues to develop and change into adulthood, the first 8 years can build a foundation for future learning, health, and life success. At birth, the brain has already grown to the 25% of adult size. Also, at age 3, the brain reached 80% of its adult size.

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According to UnivDatos Market Insights (UMI)’ research report “Global Kids Activity Box Market Analysis, 2020”, Also, a growing preference for the subscription activity box is contributing to the growth of the market. 90% of brain development occurs in the early years due to which children need to receive positive experiences. Since subscription boxes are delivered monthly, the learning is more comprehensive where your child is introduced to multiple topics and themes. Some of the key benefits of subscription activity boxes are they provide a variety of fun activity games ranging from interesting puzzles to colorful storybooks and worksheets on a regular/ monthly basis, the introduction of new concepts on art, science, world culture, and math every month, Every activity is designed to build essential skills across the main developmental domains — physical, cognitive, language and social, thus empowering your child to become future-ready.

 Based on the product type, the subscription segment acquired the XX% market share and gathered USD XX Mn market in 2020. As per a renowned consulting firm, 5% of online shoppers have signed up for one or more subscriptions to receive products repeatedly, frequently through monthly boxes. Activity boxes are monthly subscription boxes that include play-based activities which encourage early childhood development in ways that are fun and explorative.

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Based on the distribution channel, the specialty store segment grabbed XX% market share and dominated the market in 2020. In developing countries such as India, Thailand, Vietnam, Bangladesh, and China, specialty stores are one of the primary distribution channels. Also, major retail chains are focusing on establishing new stores with an innovative layout which is projected to support the growth of this segment.

The Asia Pacific to Grab Lion’s Share, But Europe to witness Explicit Growth

Based on the Region, the Asia-Pacific region dominated the global kids activity box marketin 2020. Promulgating per capita income coupled with the rising awareness of parents is contributing to the market growth of the region. However, Europe would witness a robust CAGR in the forthcoming years stated in UnivDatos Market Insights (UMI)’ research report “Global Kids Activity Box Market Analysis, 2020”.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the market are Bitsbox, Brickyard Building Blocks, Dan&Darci, Kitchen Kid, LLC, KiwiCo, Inc, Learn & Climb, Little Passports, Magic Crate, Flintobox, Xplorabox, etc., The players are focused on launching new products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Kids Activity Box Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the kids activity box market across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors' capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.  

 Market Segmentation:

1.      By Type (Theme Based, STEAM Based)

2.      By Product (Subscription, Non-Subscription)

3.      By Distribution Channel (Hypermarkets & Supermarkets, Specialty stores, Online, Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Bitsbox, Brickyard Building Blocks, Dan&Darci, Kitchen Kid, LLC, KiwiCo, Inc, Learn & Climb, Little Passports, Magic Crate, Flintobox, Xplorabox)

Key questions answered in the study:

1.      What are the current and future trends of the global kids activity box industry?

2.      How the industry has been evolving in terms of product demand and distribution channel areas?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the kids activity box industry?

5.      What are the customer orientation, purchase behavior, and expectations from the Kids Activity Box market firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL KIDS ACTIVITY BOX COVID-19 IMPACT

6 GLOBAL KIDS ACTIVITY BOX REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY PRODUCT

9 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

10 MARKET INSIGHTS BY REGION

11 KIDS ACTIVITY BOX DYNAMICS

12 KIDS ACTIVITY BOX OPPORTUNITIES

13 KIDS ACTIVITY BOX TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER

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