Market Insights Consumer Toys & Hobby Toys & Games

Dolls & Stuffed Toys - Western Asia

Western Asia

In Western Asia, the revenue generated in the Dolls & Stuffed Toys market reached an impressive amount of US$1bn in 2024.
It is projected that this market segment will experience steady annual growth, with a Compound Annual Growth Rate (CAGR) of 3.64% from 2024 to 2028.
When comparing this revenue on a global scale, in the United States stands out as the top contributor, generating a substantial revenue of US$6,655m in 2024.
To put these numbers into perspective, in 2024, the per person revenue in Western Asia's Dolls & Stuffed Toys market amounts to US$2.32 , considering the total population figures.
This highlights the potential for further growth and market penetration in the region.
The demand for traditional handcrafted dolls in Western Asia has seen a resurgence, reflecting a cultural revival and a desire for authentic, locally-made products.

Key regions: Asia, Worldwide, Europe, Germany, China

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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.