3D Printed Toys Market Size Worth $130 Million By 2030: IndustryARC

3D Printed Toys Market size is estimated to reach $130 million by 2030, growing at a CAGR of 8.6% during the forecast period 2023-2030, according to a recent report published by IndustryARC. Increasing demand for customizable and personalized toys at cheaper costs is fueling the growth of the 3-D printed Toys industry, finds IndustryARC in its recent report titled, “3-D Printed Toys Market – By Toy Type [Games and Puzzles, Construction and Building Toys, Infant/Preschool Toys, Activity Toys, Dolls, Others], By Gender [Unisex, For Boys, For Girls], By Price [Premium, Budget Friendly], By Distribution Channel [Specialty Stores, Super Markets and Hyper Markets, Online, Online], By Geography – Global Opportunity Analysis & Industry Forecast, 2023-2030”.

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The Dominance of the North American Region:

Geographically, North America (3-D Printed Toys Market) held 39% of the overall market in 2022 with a revenue of $26 million. Significant investments by major players present in the region and increasing adoption of advanced technologies are contributing to the overall 3-D Printed Toys Market share. The growth of the market in North America is driven by the presence of leading 3-D printing companies in the region, as well as a growing interest in STEM education and personalized products.
For example, In 2019, Mattel, a major toy company in USA, announced a partnership with the 3D printing company, Formlabs, to develop new 3D printed toys. Mattel also acquired the startup company, Kamigami, which creates 3D printed robots.

3-D Printed Toys Market 2023-2030: Segmentation

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3D Printed Toys Market Report – Key Takeaways:

Better Sales through Online Platforms

The sales of toys online is the largest distribution channel owing a share of 61% in the 3-D Printed Toys market. The dolls segment being the largest, with a market share followed by the action figures segment. Overall, the online toys market is growing with significant growth potential. The increasing popularity of e-commerce and changing consumer behavior are expected to drive continued growth in the market in the coming years.

Collaborations between Toy Manufacturers and Designers

Several collaborations between toy producers and designers for customized 3-D printed products have already begun throughout the world. Customers and toy producers are also increasingly collaborating to print DIY creations at home. Overall, the reduction in the cost of 3-D printers and the increase in the quantity of free open-source designs are unavoidable, and it is certain that desktop 3-D printing will have a significant influence on the toy sector. This technology enables youngsters to manufacture and design their own toys, which they can then sell for pocket money.

Fastest Growing Market in the Asia-Pacific Region in 2022:

Asia-Pacific region had the highest CAGR value of 9.4% with a market share of 32% in the overall market. Rapid economic growth in Countries such as China, India and Southeast Asian nations; and growing consumer preference towards customizable sustainable and personalized toys are some of the primary factors driving the 3-D Printed Toys market in this region. Furthermore, technological advancements in the production of highly durable and appealing toys using 3-D printers are also creating growth opportunities for the industry.

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Key Opportunity Analysis:

Rising Popularity for STEM Toys

STEM is an acronym that stands for Science, Technology, Engineering, and Mathematics. Therefore, STEM toys are instructional tools that attempt to make learning enjoyable. They allow students to have a hands-on and practical knowledge of academic ideas. As a result, youngsters retain more of their curriculum and acquire an interest in subjects that would otherwise seem overwhelming.

Around 16% of the world population is under the age of 19, rounding up to 1.3 billion people. As a result, 3-D printing presented a great opportunity to enter this sector. Not only is it cheaper to construct these toys with 3-D scanning services, but they can also be manufactured with design variants at the students’ convenience.

Coupling Augmented Reality with 3-D printing

Apps have been emerging that allows children to design their customized toys in 3-D using Augmented Reality and print it using the 3-D printers. Companies may make interactive toys that give an immersive and engaging experience for children by merging 3-D printed toys with AR technology. Sustainability is also an important factor that 3-D printing companies have thought about which would help in growing the market. For Instance, a company named Merge Labs develops AR and virtual reality (VR) products for education and entertainment. They have developed Merge Cube, a 3D printed cube that can be used with their AR/VR headset to create interactive experiences with 3D objects.

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The Report also Covers the Following Areas:

3-D Printed Toys Market Size and Forecast
3-D Printed Toys Market Trends
3-D Printed Toys Market Analysis by Product Type

3-D Printed Toys Market 2023-2030: Key Highlights

CAGR of the market during the forecast period 2023-2030
Value Chain Analysis of key stake holders
Detailed analysis of market drivers and opportunities during the forecast period
3-D Printed Toys Market size estimation and forecast
Analysis and predictions on end users’ behavior and upcoming trends
Competitive landscape and Vendor Market Analysis including offerings, developments and financials
Comprehensive analysis of challenges and constraints in the 3-D Printed Toys Market

COVID-19 / Ukraine Crisis – Impact Analysis:

A global scarcity of medical supplies, such as face shields and respirator parts, was caused by the epidemic. 3-D printing proven to be a useful technique in the manufacture of these goods. This helped in Penetration of 3-D – Printing technology in the public. This coupled with the lockdown where children stayed at home weeks long, boosted the toys market as well. Several businesses were compelled to adapt to remote work due to the epidemic, which increased the adoption of online collaboration tools and virtual prototyping.

Crude Oil being one of the key components in the manufacturing of plastic, which is the material used for 3-D printing had faced supply chain issues during the Ukraine Crisis. This has adversely affected the 3-D printing industry, shooting the prices up.

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List of Key Market Players in 3-D Printed Toys Market:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the 3-D Printed Toys Market. The top 10 companies in this market include:

Mattel
Hasbro
Lego
Shapeways
MakerBot
Sculpteo
XYZprinting
3-D Systems
Ultimaker
Formlabs

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In Mould Labelling Market– In Mould Labeling Market size is forecasted tor grow at a CAGR of 5% during 2021-2026 owing to rising demand from various end-use industries such as consumer goods, home, and personal care, food and beverage, and electronics and electrical industry.

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About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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