France Toys Market by Segments, Companies, Forecast By 2026

France Toy Market is expected to arrive at US$ 4.78 Billion by 2026. Forecast by Segments, Sales Channel, Overview, Recent Developments, Company Analysis.
By: Renub Research
 
ROSWELL, Ga. - May 4, 2021 - PRLog -- The economy of France is highly developed and free-market-oriented. It is the world's seventh-largest economy in 2020 nominal figures and the tenth-largest economy by PPP. While in 2020, it is the 3rd largest economy in Europe, after the United Kingdom and Germany. France GDP extension is driven by a sharply improved business climate, reducing its dependence on household consumption. Increasing social media penetration, growing audience, and rising user engagement are major factors attributing to the growth of the toy market in France. According to the Renub Research report, France Toy Market is expected to arrive at US$ 4.78 Billion by 2026.

For instance, a rising attractiveness of interactive and multi-functional toys and games between children observed positively impacting the France toys market size. Besides increasing consumer spending and escalating demand for toys, such as action figures, plush toys, puzzles, sports equipment and pre-school products. Educational, interactive and multi-functional toys are preferred by white-collar families' in developed markets; they prefer to purchase them as a children development tool. As per this research report, France Toy Industry is expected to grow with a CAGR of 1.74% from 2020 to 2026.

France toy industry is one of the largest business sectors, attributable to many small and big companies. The market competitors cater to the growing demand for toys by launching different variants that incorporate new technologies that are interactive and educational. The increasing demand for themed toys is driven by social and mainstream media featuring cartoon characters from cult TV movie and shows franchises, such as LEGO. Rising attraction towards toy and games in France, which has driven the France Toy Market Size valued at US$ 4.31 Billion in 2020.

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Tags:France Toy Market
Industry:Business
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