Baby Toys Market: By Type, Product, Industry Highlights, Regional Demand | Forecast
Market Research Future has published a cooked research report on the Global Baby Toys Market, 2021–2028. The global baby toys market is projected to exhibit a CAGR 3.97% during the forecast period of 2021 to 2028. Market Highlights The global baby toys market is projected to be valued at USD 17,194.1 million by 2028, recording a CAGR of 3.97% during the forecast period. The growth of the baby toys market is anticipated to be driven by several factors during the forecast period from 2021 to 2028. One of the key factors is the Increasing per capita disposable income in developing nations. Rising demand for skill developmental baby toys is also expected to boost the market's growth during the review period. However, the prevalence of an unorganized market for baby toys hampers the market growth. Also, the rising threat of counterfeit products poses a major challenge for the growth of the market. Nevertheless, Strategic mergers and acquisitions cre...