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India: GST rate on toys: the toy industry has suffered an electronic shock!

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We all enjoyed playing with different “toys” during our childhood and they are still popular with children today. Toys have evolved a lot over time and nowadays manufacturers are adding new features to make toys appealing to kids. When someone buys toys, the toys are generally seen by buyers under two categories – “electronic” or “non-electronic”. But how do you determine if a particular toy is an electronic toy or a non-electronic toy. In general, a toy that is primarily operated by the use of manual force or that must be pushed manually is considered a “non-electronic toy”. And toys powered by the use of electricity or energy generated by batteries, whether rechargeable or replaceable, are considered an “electronic toy”.

Take for example a simple tricycle on which a child sits. To move the tricycle, either the child will step on the pedal or someone will push the cycle from behind and therefore in both situations manual force is applied to move the cycle. While an electronic tricycle will in all likelihood have a rechargeable battery and the child will simply press a button to move the cycle and no physical force is applied here to move the cycle.

It is interesting to note here that electronic toys are charged 18% GST and non-electronic toys are charged 12% GST. The toy industry has always followed the plain language test mentioned above to collect tax on electronic or non-electronic toys. This may not be the right approach anymore! Or at least that’s what the Tamil Nadu Advance Ruling Authority (TN AAR) held in a recent ruling.

The question posed to the TN AAR to determine whether toys with electronic circuits integrated to provide light, music, horns, etc., which are otherwise manually operated, would be taxed as electronic toys at 18% GST or as non-electronic toys at 12% GST. The toys in question were:

  1. Children’s scooter (operated by applying force to the pedals and manual handlebars to change direction. It has light and music in the handlebars.
  2. Activity Ride on – This is a car that has to be pushed from behind and the steering wheel has to be manually manipulated to change direction. The steering has buttons to operate lights and play music.
  3. Smart Tri cycle – This is a tricycle and must be pedaled for movement. The handlebars are used manually to change direction and have buttons for light, horn and music.
  4. Scooter – This is a tricycle to be operated by standing on one leg in the tricycle and pushing with the other leg. The wheels of this tricycle have lights which are operated by induction force when the tricycle is moving.

After reviewing the functionality, applicable notifications and safety instructions mentioned in the brochures relating to these toys, the authority observed that the intention of the law does not appear to consider only electronically powered and actuated toys as “toys”. electronic ”. The authority therefore estimated that even the presence of an electronic circuit for flashlights, music or horn would suffice to classify toys otherwise manually operated as “electronic toys” and therefore taxed at 18%.

Surprised!! Now, that’s the puzzle of the interpretation of the law. One person’s reading and understanding may not always be the same for the other person. And authorities can sometimes have a completely different perspective on the intent of the law. It is also interesting to note that while dealing with the matter, the TN AAR also felt that the general language test may not be considered in all situations. Again, this test has been considered by various courts, including the Supreme Court, to be an important aspect when classifying a product under indirect tax laws.

While one might not agree with the observations or reasons given by TN AAR, the decision will certainly cause an electronic shock to the toy industry if the government does not step in in time by issuing a clarification. appropriate or until the matter is not resolved by higher courts. Amid the uncertainty over the classification created by the decision, one thing is for sure – oblivious to the electric shock that toy makers will experience, children will continue to enjoy their toys, playing music and flashing lights. , as we have all done in the past.

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

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Preschool Toys Market Size, Growth (2021-2028) https://play-fair.org/preschool-toys-market-size-growth-2021-2028/ Wed, 17 Nov 2021 03:07:08 +0000 https://play-fair.org/preschool-toys-market-size-growth-2021-2028/

New Jersey, United States, – A new informative report titled 2021 Preschool Toys Market Size by Key Players, Types, Applications, Forecast to 2028 » was recently published by Verified Market Research® in its massive database that helps shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as impacts of COVID-19 impact analysis, global market trends, recent technological advancements, market share, size and new innovations. Additionally, this analytical data was compiled using data mining techniques such as primary and secondary research. Moreover, an expert team of researchers shed light on various static and dynamic aspects of the Toys for Preschool Children market.

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

• MATTEL
• HASBRO
• AULDEY
• HWTOYS
• Lego
• Bandaï
• Smoby
• Chicco
• Play well
• Yinhui

The Preschool Toys Market report provides an in-depth examination of the expansion drivers, potential challenges, distinguishing trends, and opportunities for the market players to provide the readers with a full understanding of the market landscape. toys for preschoolers. The top key manufacturers included in the report alongside market share, inventory determinations and numbers, contact details, sales, capacity, production, price, cost, revenue, and business profiles . The primary objective of the Preschool Toys industry report is to provide key information regarding competitive positioning, current trends, market potential, growth rates, and other relevant statistics.

Segmentation of the preschool toys market

By Product Type, the market is primarily split into:

• outdoor and sports toys
• brain teaser
• Educational toys
• Construction sets
• Model vehicle
• Others

By application, this report covers the following segments:

• Exercise
• To study
• Processing
• Others

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Scope of the Preschool Children Toys Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2021
YEAR OF REFERENCE 2020
PLANNED YEAR 2028
HISTORICAL YEAR 2019
UNITY Value (million USD / billion)
COVERED SEGMENTS Types, applications, end users, etc.
COVER OF THE REPORT Revenue forecast, company ranking, competitive landscape, growth factors and trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free customization of the report (equivalent to 4 working days for analysts) with purchase. Add or change the scope of country, region and segment.

Geographic segment covered in the report:

The Toys for Preschoolers report provides information about the market area which is further further subdivided into sub-regions and countries / regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the preschool toys market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a forerunner in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might arise in the preschool toy industry in the years to come?
• What are the most important challenges that the preschool toys market could face in the future?
• Who are the leading companies in the preschool toys market?
• What are the main trends that positively impact the growth of the market?
• What growth strategies are players considering to stay in the Preschool Toys market?

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The 2021 market is booming worldwide with the major players – Cabot, Ampacet, A. Schulman, Hubron, Tosaf, RTP – Energy Siren https://play-fair.org/the-2021-market-is-booming-worldwide-with-the-major-players-cabot-ampacet-a-schulman-hubron-tosaf-rtp-energy-siren/ Tue, 16 Nov 2021 06:40:54 +0000 https://play-fair.org/the-2021-market-is-booming-worldwide-with-the-major-players-cabot-ampacet-a-schulman-hubron-tosaf-rtp-energy-siren/

Educational toys market 2021 research provides detailed information on the industry, including rankings, applications and industrial chain structure. Analysis of global educational toys industry is provided for the international markets, including development trends, competitive landscape analysis and key regions state of development. Development policies and plans are discussed as well as manufacturing process and cost structures are also analyzed. This report also indicates import / export consumption, supply and demand Figures, cost, price, turnover and gross margins. The report also gives 360 degree overridenew industry competitive landscape. SWOT analysis has been used to understand the way, helping businesses understand the threats and challenges they face. The educational toys market is growing steadily and TCCA should improve over the forecast period.

Key companies
Pooch
Ampacet
A. Schulman
Hubron
Tosaf
RTP
Polyone
Polyplast
clarifying
Plastika Kritis SA
ALOK
JJ Plastalloy
Prayag Polytech
Kandui Industries
Malson polymer
NGAI XingHang
Heima
Jolink
Shencai
Wdlongda
E-chance
Malion
Bolong
Yiyuan

Market by type
Black PE masterbatch
Black PP Masterbatch
PS black masterbatch
Others

Market by application
Injection molding / blow molding
Pipe extrusion
Wire and Cable
Film extrusion
Others

The Educational Toys Market report comprises comprehensive information on the major market competitors including various organizations, companies, associations, suppliers and manufacturers in competition for production, procurement, sales, revenue generation and after-sales performance expectations. The bargaining power of many sellers and buyers was also included in the research report.

A free data report (as an Excel data sheet) will also be provided upon request with a new purchase.

Educational toys market Region Coverage (Regional Production, Demand & Forecast by Country etc.):

  • North America (S., Canada, Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Asia Pacific (China, India, Japan, Southeast Asia, etc.)
  • South America (Brazil, Argentina, etc.)
  • Middle East and Africa (Saudi Arabia, South Africa, etc.)

The study analyzes the following key business aspects:

  • Analysis of the strategies of the main players: Market players can use this analysis to gain a competitive advantage over their competitors in the Educational Toys market.
  • Study on the main market trends: This section of the report offers a more in-depth analysis of the most recent and future trends in the educational toys market.
  • Market forecast: Report buyers will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Educational Toys market.
  • Regional growth analysis: All major regions and countries have been covered in the report. The regional analysis will help market players tap unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
  • Segment analysis: The report provides accurate and reliable market share forecast for important segments of the educational toys market. Market players can use this analysis to make strategic investments in key growth pockets of the Educational Toys market.

Overview of the chapters analyzing the global Educational Toys Market in detail:

  • Chapter 1 details the information relating to the introduction of educational toys, Product scope, market overview, market risks, driving forces market, etc.
  • Chapter 2 scan the top manufacturers of the educational toy market by Sales, returned etc for the forecast period 2021 to 2026
  • chapter 3 analyze the competition landscape among best manufacturers based on sales, turnover, market share etc for the period 2021 to 2026.
  • Chapter 4 defines the global educational toys market by Regions and their market share, sales, income etc for the period 2021 to 2026.
  • Chapters 5 to 9 analyze the regions of educational toys with the countries of educational toys based on the market share, turnover, sales and
  • Chapter 10 and 11 contain knowledge about the market base types and applications, sales market share, growth rate, etc. for the forecast period 2021 to 2026.
  • Chapter 12 focuses on the market forecast for 2021 to 2026 for the educational toys market in regions, type and application, sales and revenue.
  • Chapter 13 to 15 contain the transient details associated with sales channels, suppliers, traders, resellers, research results and conclusion, etc. for the educational toy market.

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Autonomous Robotic Toys Market Demand, Competitive Landscape Trends and Forecasts 2021-2027 https://play-fair.org/autonomous-robotic-toys-market-demand-competitive-landscape-trends-and-forecasts-2021-2027/ Sun, 14 Nov 2021 15:00:30 +0000 https://play-fair.org/autonomous-robotic-toys-market-demand-competitive-landscape-trends-and-forecasts-2021-2027/


The report attempts to offer high-quality and accurate analysis of the global Autonomous Robotic Robots market, keeping in mind market forecasts, competitive intelligence, risks, and technological advancements, along with other important topics. Its carefully crafted market information enables market players to understand the most significant developments in the global autonomous robotic toys market that impact their business. Readers may become aware of the crucial opportunities available in the global autonomous robotic toys market along with the key factors which are driving and stopping the market growth. The research study also provides an in-depth geographical analysis of the global Autonomous Robotic Toys market and sheds light on important applications and products that the market players can focus on to achieve high growth.

Get a Sample PDF Report of the Exploration Report @width = 361

Key companies featured in the report:

Modular robotics
Lego
Robotics
Fischerwerke
Orion energy systems
ArcBotics
RAWrobotics
Dexter Industries

You can thoroughly assess the strengths and weaknesses of your competition using our competitive analysis. In the report, you also have access to a complete analysis of production and shipments from point of origin to purchase by the end user. Plus, you are kept up to date with the latest industry developments to help you stay ahead of your competition. Our analysts are always on their guard to continuously monitor and analyze any changes or developments in the autonomous robotic toy industry. The report contains statistical presentations, market figures related to revenue, volume, CAGR and share, along with global and regional market forecast.

The report comprises a detailed segmentation study of the global Autonomous Robotic Toys market, where all of the segments are analyzed in terms of market growth, share, growth rate, and other vital factors. It also provides the Segments Attractiveness Index so that the players can be made aware of the lucrative revenue pockets in the global autonomous robotic toys market. The in-depth segment assessment provided in the report will help guide your investments, strategies, and teams to focus on the right areas of the global Autonomous Robotic Toys Market.

The competitive scenario of the global market and the detailed profiles of the participants:

The Autonomous Robot Toy report is created to combine qualitative and quantitative aspects of the industry in each of the regions and countries involved in the Autonomous Robot Toy study. The report includes the business data including purchase, cost, wealth, total profit, account report, sales setup etc. This data helps consumers better understand the competition. This report also integrates all the regions and countries around the world, showing a sectional development situation, which includes the size, strength and utility of the Autonomous Robot Toy business, as well as pricing data.

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Research methodology :

This research study involves the intensive use of primary and secondary data sources.

data triangulation

Market segmentation :

Autonomous Robot Toys Market, By Type –

Telepresence tools
Educational support tools

Autonomous Robot Toys Market, By Application –

Primary education
Secondary education
Graduate studies

Research / Design Programs table for this report

Table

Marlet

Key questions answered in this research study

  • Who are the key players in the global autonomous robotic toys market value chain? What are the factors driving the growth of their market?
  • Who are the players in the autonomous toy robot industry?
  • How is the global autonomous robotic toys market poised to show growth during the forecast period?
  • What is the current market scenario?
  • Which segment will achieve the highest growth in the global autonomous robotic toys market?

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Take a look at some of the important sections of the report

Market Snapshot: Readers are informed about the scope of the global Autonomous Robotic Toys market and the various products offered therein. The section also gives an overview of all the segments studied in the report with their comparisons of consumption and production growth rates. In addition, it provides statistics related to market size, income and production.

Market share of production by region: Besides the production share of regional markets analyzed in the report, readers here are informed about their gross margin, price, revenue, and production growth rate.

Company profiles and key figures: In this section, the authors of the report include company profile of major players operating in the global Autonomous Robotic Toy Market. Various factors are taken into account to evaluate the players studied in the report: markets served, production sites, price, gross margin, revenue, production, product application, product specification, and product introduction.

Analysis of manufacturing costs: Here, readers receive detailed manufacturing process analysis, industry chain analysis, manufacturing cost structure analysis, and raw material analysis. As part of the commodity analysis, the report includes details of major commodity suppliers, commodity price trend, and important commodities.

Market dynamics: Analysts explore critical influencing factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.

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Educational Toys Market Size, Forecast to 2028 https://play-fair.org/educational-toys-market-size-forecast-to-2028/ Thu, 11 Nov 2021 14:45:54 +0000 https://play-fair.org/educational-toys-market-size-forecast-to-2028/

New Jersey, United States, – A recently updated report based on notably Educational toys market The 2021-2028 research report mainly elaborates the definition, types, applications and major market players in detail. The report contains a market overview with an emphasis on the factors driving the market. The report provides an independent analysis of the basic concepts of the Educational Toys market. The report reveals all the basic details of market data resulting from extensive research to inform users of the latest market trends, current market overview, and expected market development status over the period. forecast.

Impact of COVID-19:

Customer behavior has changed across all sectors of society amid the COVID-19 pandemic. For their part, industries will have to restructure their strategies to adapt to changes in market supply. This report offers you an analysis of the impact of COVID-19 on the Educational Toys market and will help you plan your business according to the new industry standards.

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

Mattel, Parent Co., Toys “R” Us, Engino.net Ltd., Learning Resources, LEGO Education, JAKKS Pacific Melissa & Doug, MindWare, and Ravensburger AG.

Segmentation of the educational toys market:

The report categorized the market into segments comprising product type and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to gain in-depth insights across the industry.

Educational Toys Market, By Product Type

• Academic toys
• Cognitive toys
• Motor skills toys

Educational toys market, by age group

• 14 years old
• 4 – 8 years
• Over 8 years

Educational Toys Market, By End User

• Residential
• Commercial

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Scope of the Educational Toys Market Report

ATTRIBUTE DETAILS
ESTIMATED YEAR 2021
YEAR OF REFERENCE 2020
PLANNED YEAR 2028
HISTORICAL YEAR 2019
UNITY Value (million USD / billion)
COVERED SEGMENTS Types, applications, end users, etc.
COVER OF THE REPORT Revenue forecast, company ranking, competitive landscape, growth factors and trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free customization of the report (equivalent to 4 working days for analysts) with purchase. Add or change the scope of country, region and segment.

Geographic segment covered in the report:

The Educational Toys report provides information about the market area, which is further subdivided into sub-regions and countries / regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the educational toys market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might arise in the educational toy industry in the years to come?
• What are the most important challenges that the educational toys market could face in the future?
• Who are the leading companies in the educational toys market?
• What are the main trends that positively impact the growth of the market?
• What growth strategies are players considering to stay in the Educational Toys market?

For more information or a query or customization before purchasing, visit @ https://www.verifiedmarketresearch.com/product/educational-toy-market/

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Verified Market Intelligence is our BI platform for narrative storytelling for this market. VMI offers in-depth forecasting trends and accurate insight into over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.

VMI provides a holistic overview and global competitive landscape with regard to region, country and segment, and key players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

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Our research studies help our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities, and optimize efficiency by working as a partner to deliver accurate and valuable information. The industries we cover cover a broad spectrum including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and gas. Etc.

At Verified Market Research, we help understand the holistic factors indicating the market and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise, and years of collective experience to produce informative and accurate research.

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Educational toys market by key players (Melissa and Doug, MGA Enternment, Spin Master, Hasbro); Based on the global spread of COVID-19 in 2020 https://play-fair.org/educational-toys-market-by-key-players-melissa-and-doug-mga-enternment-spin-master-hasbro-based-on-the-global-spread-of-covid-19-in-2020/ Wed, 10 Nov 2021 10:24:55 +0000 https://play-fair.org/educational-toys-market-by-key-players-melissa-and-doug-mga-enternment-spin-master-hasbro-based-on-the-global-spread-of-covid-19-in-2020/

The report on “Educational Toys Market Published by Market Research Store Overview by Major Manufacturers, Trends, Industry Growth, Size, Analysis and Forecast to 2029”, the report contains over 210 PDF pages with table of contents, including a list of numbers and a table.

The Educational toys market The study follows a combination of in-depth research and structured methodology. These methods survey the market from different angles to find suitable analyzes. However, on a general scale, data is collected from a variety of trusted sources such as supplier list, product and research documents, manufacturer processes, and many more. Every market research receives exactly the same careful shadow which makes it worth reading.

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What does the report suggest?

• Detailed market analysis and market assessment
• Market share of the main market players
• Market forecasts based on historical and current data
• Industrial strategies, opportunities and challenges for new entrants
• Market segments for a better assessment of market growth regionally and globally
• Growth mapped by the competitive landscape and geographic distribution

The competitive landscape of the market research includes a broader analysis on the regions comprising the United States, Canada and Mexico in North America, Peru, Brazil, Argentina and the rest of North America. South under South America, Germany, Italy, UK, France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland , Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia- Pacific (APAC), South Africa, Saudi Arabia, UAE, Kuwait, Israel, Egypt, Rest of Middle East & Africa (MEA) which are expected to capture the essence of the market in its broadest category. Except for the following segmentation, the Educational Toys market segmentation is outlined on the basis of various parameters and attributes relating to geography, regional distribution, market share, production techniques, and many more . With these clear guidelines, investors and marketers can gain a clear overview of business opportunities, potential income generation opportunities, and additional revenue streams.

Request a pre and post COVID-19 impact analysis on businesses: https://www.marketresearchstore.com/sample/educational-toy-market-816786

Main questions addressed in this report:

• What is the expected size and growth rate of the market during the forecast period?
• What are the major market trends?
• What are the main driving factors of the global educational toys market?
• What are the constraints encountered by the educational toys market?
• Who are the main players in the educational toys market?
• What are the market opportunities and challenges that major players face to maintain themselves on the global platform?

Most Important Types of Educational Toys Products Covered in This Report are:

Activity Toys, Games & Puzzles, Construction Toys, Dolls & Accessories, Sports & Outdoor Toys, Other

The most widely used applications of the Educational Toys Market covered in this report are:

Retail customers, wholesale buyers

Reasons to buy the report

• The study details the educational toys market with a detailed market breakdown in terms of volume, size and value across all sectors.
• A full breakdown of the educational toys market supported by charts, pie charts and numbers for easy understanding.
• A projected forecast of the educational toys market is predicted retrieved from real-time data points which is a compilation of data from 2016 to present.

Ask for a discount before purchasing this report @ https://www.marketresearchstore.com/inquiry/educational-toy-market-816786

Some of the major players operating in the global educational toys market include MGA Enternment, Innovation First, Spin Master, Sphero, VTech, Hasbro, Leapfrog, Mattel, Melissa, and Doug. Further, the Educational Toy market research is articulated around the development of regional trends, preferred marketing channels, long term stability, and environmental analysis. It also contains product capabilities, price, income statements, demand, production and market growth and a trajectory for future forecasts.
The comprehensive study also encompasses market trends and opportunities, mergers and acquisitions, market drivers and trends, and many more. In addition, the study also contains a detailed forecast that draws on primary and secondary research methodologies, as well as an internal model. The forecast extends to the regions sections which give our readers a better understanding from a financial perspective.

Contents:

Chapter 01: executive summary

Chapter 02: Scope of the report

Chapter 03: research methodology

Chapter 04: presentation

Chapter 05: Market Landscape

Chapter 06: Market sizing

Chapter 07: Five Forces Analysis

Chapter 08: Market segmentation by product

Chapter 09: Market segmentation by distribution channel

Chapter 10: Customer Landscape

Chapter 11: Market segmentation by end user

Chapter 12: regional landscape

Chapter 13: decision framework

Chapter 14: Drivers and Challenges

Chapter 15: Market Trends

Chapter 16: Competitive Landscape

Chapter 17: Company Profiles

Chapter 18: appendix

For an additional revised list of market players in 2020, request a sample report: https://www.marketresearchstore.com/sample/educational-toy-market-816786

About Us

Market Research Store is a one stop destination for all types of industries, global and regional reports. We offer an extensive repository of the latest industry reports and market statistics published by reputable private publishers and public organizations. The Market Research Store is the comprehensive collection of market information products and services available. Our extensive reporting database enables our clients to benefit from expert information on global industries, products and market trends.

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Why India’s toy market faces a looming shortage https://play-fair.org/why-indias-toy-market-faces-a-looming-shortage/ Tue, 09 Nov 2021 08:00:00 +0000 https://play-fair.org/why-indias-toy-market-faces-a-looming-shortage/

The disruption of the global supply chain, reduced production capacity and a new regulatory landscape could soon cause a toy crunch in India.

Earlier this year, the Center announced that no toys would be sold in the country without certification from the Bureau of Indian Standards (BIS). This standard even applies to companies that manufacture their products overseas.

India has been a net importer of toys, importing almost 80 percent of its toy requirements. However, in order to continue imports, BIS inspectors would have to visit and certify factories manufacturing imported toys into the country. But after the second wave of the COVID-19 pandemic, new travel restrictions across countries and borders almost halted the certification process.

“We were unable to travel overseas from January due to tighter travel restrictions in some of these countries and also keeping the safety of officials in mind. The situation is gradually improving and we have started the process again, ”a senior BIS official told Business Standard.

With an almost 50% drop in toy imports between FY20 and FY21, there is a significant gap in demand that domestic manufacturers can hope to fill. The big toy makers, like Funskool, have already obtained their certification and can therefore expect their sales to increase by around 20-25%.

“The reduction in imports has resulted in an increase in domestic production and also an increase in exports from India. Our company expects at least a 25 percent increase in exports this year. We also see that there is a sharp increase in investment in the sector after January 2021, ”R. Jeswant, CEO of Chennai-based Funskool, told Business Standard.

But at the same time, most of India’s toy manufacturing capabilities are in the unorganized sector. About 7,560 registered medium and small enterprises (MSMEs) manufacture toys, according to data from the Udyog Aadhaar memorandum. Among these manufacturers, only a small percentage succeeded in obtaining their BIS certifications. The main obstacles have been pandemic restrictions, tagging fees and enforcement issues.

“Because the strict guidelines are not particularly suitable for MSMEs, only around 400 of them have so far achieved BIS certification. This could lead to a shortage, ”said Ajay Aggarwal, president of the Toy Association of India (TAI).

India is one of the fastest growing toy markets in the world. The industry experienced a CAGR of 13%, more than double the global average of 5%. While in the short term the changes may be a problem for retailers, in the long term the industry may see larger investments to meet most of India’s growing toy demand.

“Today, we import around 80% of our toys from abroad. Which means rupee crores from the country go abroad on them. It is very important to change this situation, ”Prime Minister Narendra Modi said during the Toycathon-2021, which was jointly launched by several ministries earlier in the year.

“In order to reap the benefits of these segments, we need to speak out for local toys,” added PM Modi.

(Edited by : Shoma bhattacharjee)

First publication: STI

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Old Burton Toy Store Building Kit for New Use https://play-fair.org/old-burton-toy-store-building-kit-for-new-use/ Mon, 08 Nov 2021 08:00:00 +0000 https://play-fair.org/old-burton-toy-store-building-kit-for-new-use/

An old Burton toy store is “under offer” just eight months after it goes on the market.

Midco Toymaster moved from its High Street store in April this year to a larger store in The Octagon Mall in the city.

His High Street building was subsequently listed for sale or lease with real estate agent Rushton Hickman, and it has now been revealed that the property is in the process of being offered.

Read the latest property stories here

Staffordshire Live has contacted Rushton Hickman for more details on the potential new owners.

The High Street store has a retail space on the ground floor with storage space and a kitchen on the first floor.

The store was offered for rent of around £ 19,950 per year or to buy it freehold for £ 275,000.

The estate agent said: “These two-story commercial premises are located in the pedestrianized section of High Street in downtown Butron upon Trent.

“Work is currently underway for the coating and planting of this district as part of the development of the city center by the community.

“The property is close to one of the entrances to Coopers Square shopping center and nearby occupants include Lloyds Bank, H Samuel, Barclays Bank and Specsavers.

“The property includes retail on the ground floor in addition to shops, kitchens and restrooms on the first floor. “

Midco Toys owner David Middleton has moved his store to The Octagon Mall because the premises are much larger and would make deliveries easier.

The toy store had started on New Street 19 years ago, before moving to larger premises in High Street where it had been for the past 10 years before moving again.

The new Midco Toys is based in the old Evans clothing store between HMV and Poundland.



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Mysterious grandparents pay dozens of toy stores https://play-fair.org/mysterious-grandparents-pay-dozens-of-toy-stores/ Thu, 04 Nov 2021 01:25:25 +0000 https://play-fair.org/mysterious-grandparents-pay-dozens-of-toy-stores/

A mother was in quarantine after coming into close contact with an HIV-positive person and, as a result, lost an occasional job in a cafe. She was not entitled to welfare and worried about how she was going to afford Christmas.

Another mom was driving. She started to cry when she heard the news and had to stand on the side of the road to pull herself together. A father told staff he had $ 10 in his bank account after losing his job. He said the couple’s generosity will mean their twins will receive a birthday present next week.

It’s been a tough year for the retail industry, and Mills said the cash infusion would do wonders for his struggling business.

“I’ve had a lot of sleepless nights,” he says.

“From week to week we didn’t know what was going on. We didn’t know if we would be here, if I would have my house. It has been a really scary time.

This isn’t the first time Good Samaritans have paid breaks in Toyworld stores.

Brand manager Donna White, Associated Retailer Limited, owner of the popular Toyworld brand, said similar acts of kindness have occurred at least four times in recent years.

She said generous foreigners also paid breaks at Toyworld stores in Pakenham in south-east Melbourne, Canberra and Gympie and Burleigh Waters in Queensland.

“There are some very nice people there,” she said. “It gives everyone a really good feeling.”

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Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2027 – The Host https://play-fair.org/regional-industry-segmentation-analysis-by-production-consumption-revenue-and-growth-rate-by-2027-the-host/ Wed, 03 Nov 2021 08:57:17 +0000 https://play-fair.org/regional-industry-segmentation-analysis-by-production-consumption-revenue-and-growth-rate-by-2027-the-host/

Global Smart Robotic Toys Market Report Provides Information by Major Players, Geography, End Users, Applications, Competition Analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast 2021 -2027.

The report gives insights into the Smart Robots industry which has made remarkable progress since 2020 with many significant developments driving the market growth. This report is prepared on the basis of a detailed assessment of the industry by experts. In conclusion, stakeholders, investors, product managers, marketers and other experts looking for factual data on supply, demand and future forecasts would find the report useful. The SWOT analysis will give detailed strategic input on the major industry players by region.

Key Company Profiles Covered In The Smart Robotic Toys Market Report are:

Get Sample PDF Copy (Including Table Of Contents, Charts, And Tables) Of 117 Page Smart Robotic Toys Market Report at https://www.insidemarketreports.com/sample-request/9/458406/Intelligent-Robot-Toy

IFLYTEK
Makeblock
Learning pillar
Woogie
Emotix
DJI
Anki
Mid
Future-IA
WowWee
JJR / C
UBTECH,

While most of the key profiles are market leaders, profiling is based on market ecosystem coverage. Depending on the market in which a client operates, we customize the list to make competitive intelligence data more relevant for analysis. Company profiles typically include:

  • Company presentation
  • Performance overview
  • Presentation of products / services
  • Recent developments

Smart robotic toys market segmentation:

The global smart robotic toys market is expected to find segmentation in the report which is based on type and application. These segments have a better acceptance of various factors which can be taken into consideration to understand how the market can chart the future course.

Smart Robotic Toys Market Breakdown Based on Product Type

Entertain function
Educational function
Others

Smart Robotic Toys Market Split Based on Application

Kids
Adults,

Global Intelligent Robot Toy Market Report is a professional and in-depth research report on major regional market conditions of the global Intelligent Robot Toy industry, focusing on major regions and countries (United States, Europe, Japan and China).

An overview of the impact of COVID-19 on this market:

Effect of COVID-19: The Smart Robots Market report studies the effect of Coronavirus (COVID-19) on the Smart Robots industry. Since December 2019, the COVID-19 infection has spread to nearly 180+ countries around the world, with the World Health Organization declaring it a general well-being crisis. The global effects of the Covid 2020 infection (COVID-19) are now starting to be felt, and will primarily influence the Smart Robots market in 2020 and 2021.

Nevertheless, that too will pass. Growing support from governments and a few organizations can help in the fight against this exceptionally infectious disease. There are a few businesses that are struggling and some are thriving. Generally speaking, just about all areas are expected to be affected by the pandemic.

We are making constant efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and skills, we will provide you with an effective corporate Covid outbreak review to help you put in place what lies ahead.

Cautious assessment of the components shaping the size, share and development direction of the intelligent robotic toys market;

  • Point by point review of all market portions
  • An intensive evaluation of the provincial and serious elements of the market
  • In-depth assessment of the effect of the COVID-19 pandemic.

Get the impact of Covid-19 in the smart robotic toys market at https://www.insidemarketreports.com/covid-19/9/458406/Intelligent-Robot-Toy

The objectives of the study are:

  • To analyze and research the global Smart Robot status and future forecast, involving production, revenue, consumption, history and forecast.
  • To introduce the major Smart Robotic Toy manufacturers, production, revenue, market share and recent development.
  • To divide breakdown data by regions, types, manufacturers and applications.
  • To analyze the potential and advantages of the global market and key regions, opportunities and challenges, restraints and risks.
  • To identify important trends, drivers, influencing factors in the world and regions.
  • Analyze competitive developments such as extensions, agreements, new product launches and acquisitions in the market.

Main points of the table of contents

1 Smart Robotic Toys Market Overview

2 Global Smart Robotic Toys Market Competition by Manufacturers

3 Global Robotic Toy Capacity, Production, Revenue (Value) by Region)

4 Global Smart Robotic Toys Supply (Production), Consumption, Export, Import by Region

5 Global Smart Robotic Toys Production, Revenue (Value), Price Trend by Type

6 Global Smart Robotic Toys Market Analysis by Application

7 Global Smart Robotic Toy Manufacturers Profiles / Analysis

8 Analysis of manufacturing cost of intelligent robotic toys

9 Industrial chain, sourcing strategy and downstream buyers

10 Analysis of the marketing strategy, distributors / traders

11 Analysis of market effect factors

12 Global Smart Robotic Toys Market Forecast

13 Research findings and conclusion

14 Annex

About Internal Market Reports

Inside Market Reports provides the most comprehensive database of information reports on the market. We provide quantified B2B research on 70,000 high growth emerging opportunities / threats that will impact 65% to 75% of global businesses, with over 350 million easily actionable statistics with tables, numbers and datasets (sales forecasts, market shares, production data).

For all your research needs, contact us at:

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