
Published On: Jul 2022
Published On: Jul 2022
Inflatable Animal Segment to Dominate Middle East & Africa Inflatable Toys Market during 2019–2028
According to a new market research study on “Middle East & Africa Inflatable Toys Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by End Use, Type, and Distribution Channel,” is expected to reach US$ 111.47 million by 2028 from US$ 87.50 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028. Surging online sales of toys is the major factor driving the growth of the Middle East & Africa inflatable toys market. However, presence of unorganized market may hinder the growth of Middle East & Africa inflatable toys market. The report provides trends prevailing in the Middle East & Africa inflatable toys market along with the drivers and restraints pertaining to the market growth.
The Middle East & Africa inflatable toys market is segmented into end use, type, distribution channel, and country. Based on end use, the Middle East & Africa inflatable toys market is segmented into residential and commercial. In 2020, the residential segment held the largest share Middle East & Africa inflatable toys market. Based on type, the Middle East & Africa inflatable toys market is segmented into inflatable pool, inflatable animal, inflatable ball, and others. In 2020, the inflatable animal segment held the largest share Middle East & Africa inflatable toys market. Based on distribution channel, the Middle East & Africa inflatable toys market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores segment held the largest share Middle East & Africa inflatable toys market. Similarly, based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the rest of Middle East & Africa. Saudi Arabia contributed a substantial share in 2020.
Bestway Inflatables and Material Corp.; General Inflatable; Happy Inflatable Co. Ltd.; and Intex Marketing Ltd; are among the leading companies in the Middle East & Africa inflatable toys market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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