Toys for Toddlers & Kids - Philippines

  • Philippines
  • In the Philippines, the revenue generated in the Toys for Toddlers & Kids market is estimated to reach €168.5m in 2024.
  • It is projected to experience a steady annual growth rate of 3.61% from 2024 to 2028, based on the compound annual growth rate (CAGR).
  • When compared to other countries worldwide, in the United States leads the global market with a revenue of €7,513.0m in 2024.
  • Taking into account the total population, the per capita revenue in the Philippines for 2024 amounts to €1.42.
  • This indicates the average amount of revenue generated by each individual in the country within the Toys for Toddlers & Kids market.
  • The demand for educational toys in the Philippines has been steadily increasing, as parents prioritize their children's cognitive development.

Key regions: India, Worldwide, Italy, Asia, United States

 
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Comparaison de régions
 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Vue d’ensemble

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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