The worldwide sales of toy bags are expected to garner a revenue of around US$ 107.7 million in the year 2024. Furthermore, the kid-friendly storage bag industry is predicted to grow at a moderate annual growth rate of 3.6% during the forecast period. By the conclusion of this forecast period in 2034, the global toy bag market value is projected to reach around US$ 153.6 million.
Toy Bag Industry Trends
Report Attribute | Details |
---|---|
Toy Bag Market Revenue (2024) | US$ 107.7 million |
Market Anticipated Forecast Value (2034) | US$ 153.6 million |
Market Projected Growth Rate (2024 to 2034) | 3.6% |
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As per our prior survey reports for toy bags market size and forecast, the net revenue generated by the overall market in 2019 stood at US$ 92.9 million. In the following five years, the sales of toy bags worldwide surged by 2.9% on average. The global toy bag market value reached nearly US$ 104.1 million following this moderate growth rate.
Attributes | Details |
---|---|
Toy Bag Market Share (2019) | US$ 92.9 million |
Market Size (2023) | US$ 104.1 million |
Market (CAGR 2019 to 2023) | 2.9% |
Families with children and toddlers are looking for more innovative products to manage their homes and living spaces in an orderly. Toy bags provide a practical and effective way to keep living rooms clean and toys neatly stored while not in use. Parents are also stressing about using toy storage bags or containers to help their kids learn responsibility and how to remain organized. All these factors are expected to boost the demand for toy storage bags during the forecast years.
Prominent Factors for the Growth of Toy Bags Market During the Forecast Years
Storing toys in bags or hanging toy organizers can lower the possibility of injury and tripping hazards from toys on the floor. Moreover, fabric toy storage bags or canvas toy bags are being adopted more for the prevention of child injury and safety from bigger mechanical toys.
Innovative solutions for children's storage bags are made with flexibility and safety in mind. Adaptability and multipurpose use of innovative products like toy storage drawstring bag is expected further to strengthen the market for kid's toy storage bags. Likewise, portable toy storage bags can be hung up conveniently, while a collapsible toy bag can be quickly converted into storage solutions or play mats.
Children's daycare facilities also find the toy storage sack or bag very appealing, as an effective organization is crucial at such places. With the rapid increase of working-class people around the world, the establishment of daycare facilities has soared in recent years, indirectly fostering the growth of the toy bags market.
The table below gives an overview of the growth rates expected to be followed by toy bag manufacturers in the countries with the top growth rates. Though the market share of the United States and European countries has remained conventionally higher, Asian countries are witnessing remarkable growth with improving economic conditions.
Countries | CAGR (2024 to 2034) |
---|---|
United States | 3.8% |
Germany | 3.1% |
China | 4.5% |
India | 5.8% |
The total demand for toy bags in North American countries is expected to contribute to almost 21.5% of the overall revenue in the global market in 2024. The United States holds around 80% share of this regional market and is forecasted to progress at a rate of 3.8% per year till 2034.
A more significant concern of parents in the United States for the well-being and development of their children from an early age is the main reason for the country's higher sales of toy bags. Also, many market pioneers in innovative playroom storage solutions are based here, which could help to retain its dominance over demand for toy bags industry share.
The sales of toy bags in all European countries together are expected to constitute roughly 27.5% of the overall global sales in 2024. Germany is the leading producer and supplier in the Europe toy bags market, and it is projected to advance at an average 3.1% CAGR from 2024 to 2034.
The toy bag market share in Germany is growing fast due to increasing demand for the export of the product to other European countries. Moreover, the emerging market for eco-friendly and sustainable kid's toy organizer products in Germany is a result of growing environmental consciousness in Europe.
According to our findings, China is currently the leading producer of toy bags in Asia and is expected to advance at 4.5% CAGR from 2024 to 2034.
An extensive presence of small-scale manufacturing and handicraft industries in China presents a very favorable opportunity for regional market players to scale their business. In addition, the Chinese government is investing highly in expanding the small-scale manufacturing industries, including toy bags, to meet export demands.
The recent establishment of many toy bag manufacturing companies in India is poised to develop the market at an impressive 5.8% CAGR through 2034.
The proliferation of e-commerce websites in India has surged the sales of toy bags along with demand for toy kitchens and play food. Moreover, Toy bag manufacturers in the region are mainly focusing on portable and travel-friendly design of the product as Indian customers prioritize this feature more.
As per our overall market analysis, the plastic segment is estimated to contribute to almost 39.4% of the revenue generated globally.
Attributes | Details |
---|---|
Top Material Type | Plastic |
Market Share in 2024 | 39.4% |
Plastic is used in manufacturing toy bags more as it makes the product more reliable and long-lasting. However, growing demand for toy bags made up of eco-friendly materials is expected to reduce the share of this segment during the forecast years.
As of 2024, the sales of toy bags over e-commerce websites or online sales channel is expected to account for 30.1% of the global market share.
Attributes | Details |
---|---|
Top End Use | eCommerce |
Market Share in 2024 | 30.1% |
The sales of different types of playroom storage accessories, including toy bags, over online retail channels have remained lucrative due to the distributed presence of consumers. However, the surging popularity of children’s playroom storage solutions is anticipated to improve the offline sales channel for toy bags in the coming days.
The overall market for toy bags is relatively more consolidated than other types of utility bags, as currently, the demand is mainly in a few notable regions. Leading market players often provide a wide range of styles, colors, and designs of toy storage bags, giving customers options that complement their interior decor and personal tastes.
Many new players have entered the market in recent years and are expected to diversify overall during the forecast years. Personalization & customization choices for toy bags provided by these new market players are anticipated to emerge as the key to scaling their business.
Recent Developments in the Global Toy Bag Market
In August 2022, Safari Ltd. introduced a large plush-size Rainbow Storage bag to organize a sizable soft toy collection. This new product has a unique advantage: when it is filled with soft toys, it becomes the ideal cozy chair. The smooth exterior and endearing character face of this toy bag from Good Banana is an excellent choice because of its soft grip and zipper.
In June 2021, PrettyKrafts released an ideal and stylish storage organizer for children to arrange everything in one location. The company claims this multipurpose storage basket should last for a long time since it is made up of tear-resistant, non-woven material. It is also a collapsible toy bag, so it can be folded up conveniently when not in use, making it distinct from other available toy bags.
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Attribute | Details |
---|---|
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | US$ million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Material Type, By Category, By Sales or Distribution Channel, and By Region |
Key Companies Profiled | Babyjoys; Disney; Kidorable; Naturally KIDS; SUNNYLIFE; X-costume |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global toy bag market is estimated to be valued at US$ 107.7 million in 2024.
The global market is likely to grow at a rate of 3.6% through 2034.
The overall market is predicted to be valued at US$ 153.6 million by 2034.
Babyjoys, Kidorable, and Disney are the leading suppliers in the market.
India is expected to witness a growth rate of 5.8% in sales of toy bags through 2034.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Category
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Category , 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Category , 2024 to 2034
5.3.1. Boys
5.3.2. Girls
5.4. Y-o-Y Growth Trend Analysis By Category , 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Category , 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution channel
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Distribution channel, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Distribution channel, 2024 to 2034
6.3.1. Supermarkets / Hypermarkets
6.3.2. Specialty Stores
6.3.3. Online retail
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Distribution channel, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Distribution channel, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Category
8.2.3. By Distribution channel
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Category
8.3.3. By Distribution channel
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Category
9.2.3. By Distribution channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Category
9.3.3. By Distribution channel
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Category
10.2.3. By Distribution channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Category
10.3.3. By Distribution channel
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Category
11.2.3. By Distribution channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Category
11.3.3. By Distribution channel
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Category
12.2.3. By Distribution channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Category
12.3.3. By Distribution channel
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Category
13.2.3. By Distribution channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Category
13.3.3. By Distribution channel
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Category
14.2.3. By Distribution channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Category
14.3.3. By Distribution channel
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2023
15.1.2.1. By Category
15.1.2.2. By Distribution channel
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2023
15.2.2.1. By Category
15.2.2.2. By Distribution channel
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2023
15.3.2.1. By Category
15.3.2.2. By Distribution channel
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2023
15.4.2.1. By Category
15.4.2.2. By Distribution channel
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2023
15.5.2.1. By Category
15.5.2.2. By Distribution channel
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2023
15.6.2.1. By Category
15.6.2.2. By Distribution channel
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2023
15.7.2.1. By Category
15.7.2.2. By Distribution channel
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2023
15.8.2.1. By Category
15.8.2.2. By Distribution channel
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2023
15.9.2.1. By Category
15.9.2.2. By Distribution channel
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2023
15.10.2.1. By Category
15.10.2.2. By Distribution channel
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2023
15.11.2.1. By Category
15.11.2.2. By Distribution channel
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2023
15.12.2.1. By Category
15.12.2.2. By Distribution channel
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2023
15.13.2.1. By Category
15.13.2.2. By Distribution channel
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2023
15.14.2.1. By Category
15.14.2.2. By Distribution channel
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2023
15.15.2.1. By Category
15.15.2.2. By Distribution channel
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2023
15.16.2.1. By Category
15.16.2.2. By Distribution channel
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2023
15.17.2.1. By Category
15.17.2.2. By Distribution channel
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2023
15.18.2.1. By Category
15.18.2.2. By Distribution channel
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2023
15.19.2.1. By Category
15.19.2.2. By Distribution channel
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2023
15.20.2.1. By Category
15.20.2.2. By Distribution channel
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2023
15.21.2.1. By Category
15.21.2.2. By Distribution channel
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2023
15.22.2.1. By Category
15.22.2.2. By Distribution channel
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2023
15.23.2.1. By Category
15.23.2.2. By Distribution channel
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Category
16.3.3. By Distribution channel
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Babyjoys
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Disney
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Kidorable
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Naturally KIDS
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. SUNNYLIFE
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. X-costume
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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