Global Stuffed & Plush Toys Market Is Expected To Grow At A CAGR Of 6.2% By 2026
Verfasser: yogesh on Monday, 10 December 2018With the increasing number of events, sales of the stuffed toys is projected to remain high. Surge in demand for the soft and comfort creature stuffed toys is projected to impact the global market growth of stuffed & plush toys positively. Persistence Market Research states that the global market of stuffed & plush toys is projected to reflect a CAGR of 6.2% over the forecast period, 2017-2026.
Factors Fuelling Growth of the Global Market
Growth of the global stuffed & plush toys market is mainly bound to various macro-economic and macro-economic factors. As the need to purchase gifts for various occasions continue to increase, sales of the stuffed and plush toys continue to remain high in the global market. Occasions such as valentine’s day, birthdays, new year and Christmas are few occasions that are expected to boost the global market growth of stuffed & plush toys during the forecast period. As demand to give gifts on various occasions continue to increase, manufacturers are significantly focusing on developing festive gifts. With surge in the puppetry shows, sales of the stuffed toys is projected to remain high throughout the forecast period.