The global Construction Toys Market is projected to reach USD 19.64 billion by 2025 with a CAGR of 9.5%, according to a new report by Million insights. The growing popularity of the product among children for cognitive development is anticipated to be the key driving factor for the market growth. Moreover, construction toys enhance the learning abilities of the pre-school child and improve their spatial skills. This is projected to boost product demand in the next few years.
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Market Synopsis of Construction Toys Market:
Construction toys are a set of components, which are given to children and they develop designs and build objects. Moreover, this process helps children in developing their intelligence and cognitive level, which is projected to boost the market demand, during the forecast period, 2019 to 2025. However, the growing use of PVC, bisphenol A, and plasticizers in children's toys is anticipated to hinder the market growth in the next few years. Additionally, the rising adoption of digital technologies, smartphones, and internet penetration is anticipated to slow down market growth. Moreover, the rising adoption of online gaming, especially among young consumers and continuous integration of advanced technologies are expected to hamper the growth of the market.
The key players in the construction toy market are continuously increasing their investments in R&D activities, thus launching new products regularly. For example, LEGO announced the launch of LEGO City Space, in May 2019, on the theme of NASA's 50 years. Moreover, various new sets have been launched including Rover Testing Drive, Mars Research Shuttle, Deep Space Rocket, and Launch Control, satellite Service Mission, Lunar Space Station, People Pack, and Rocket Assembly & Transport. The company also announced the forthcoming launch of LEGO Brail Bricks in April 2019, for visually impaired and blind children’s. The standard bricks were molded to numbers and alphabets with studs. The collection consists of 250 pieces, which consist of alphabets, math symbols, and numbers.
Construction toys used for improving mental health is recommended by major universities and medical research institutes across the world. For example, the University of Colorado research has published a paper on the advantage of construction toys on spatial skills. Additionally, constructions toys develop creativity, attentiveness, and imagination among children. Furthermore, it increases the logical thinking, memory, and hand-eye coordination. These factors are projected to boost product demand in the upcoming years. Additionally, rising product awareness and its benefits, such as it increases learning ability and improves social skills and cooperation, these factors, in turn, are anticipated to aid the market growth.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Construction Toys: Market Variables, Trends & Scope
Chapter 4 Construction Toys: Product Estimates & Trend Analysis
Chapter 5 Construction Toys: Application Estimates & Trend Analysis
Chapter 6 Construction Toys: End-use Estimates & Trend Analysis
Chapter 7 Construction Toys: Industrial End-use Estimates & Trend Analysis
Chapter 8 Construction Toys: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Construction Toys: Manufacturers Company Profiles
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The global Construction Equipment Rental Market size is estimated to touch USD 136.5 billion by the end of 2027.
Factors such as increasing construction activities, especially in emerging countries are attributing to the growth of the market.
In addition, increasing trend towards rental construction owing to its cost-benefits is estimated to supplement the market growth.
New construction equipment is costly and incurs various costs such as maintenance cost, purchasing cost and lower repair cost.
Renting equipment incur the low cost, thereby, gaining traction among end-users.
Key Players:Herc Rentals Inc., Aktio Corp, United Rental, Ashtead Group and Aggreko Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/construction-equipment-rental-market/request-sample Market Synopsis of Construction Equipment Rental Market: Depending on the products, the market is categorized into earthmoving machinery, concrete & road construction, and material handling machinery.
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Considering the amount of pressure and temperature extremes that the fluid conveyance systems experience, employing the right type of material can be the difference between years of successful operation and regular breakdowns and failures.Get Exclusive Sample Report @ https://dataintelo.com/request-sample/?reportId=117632The most important prerequisite for any fluid conveyance system is to maintain a smooth and free flow of fluid throughout the system, along with maintaining the fluid being conveyed free of contamination.
The global fluid conveyance systems market is expected to grow steadily through the forecast period owing to the rising end-use industry activities.Read More @ https://www.marketwatch.com/press-release/fluid-conveyance-system-market-size-development-key-opportunity-application-gross-revenues-2025-2019-12-05
ReportCrux Market Research has published a new report titled “Cannabis Extract Market Segmented by Product (Tinctures, Oils); by Extract type (Cannabis Isolates, Full spectrum); by Type of nature (Conventional, Organic); by Distribution (Indirect, Direct); by Application (Pharmaceutical, Textile & Paper, Cosmetics and Other) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027”.
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The key factors driving the global market for cannabis extracts include rising legalization of marijuana in various countries for recreational purpose as well medical use, increasing use of marijuana for the treatment of various chronic pain involved diseases, mental disorders, anxiety, depression and many others.
Legalization of marijuana in some countries has helped in declining the black-market sales, as well the tax charged by the government is also helping to create higher revenue opportunities.
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The full spectrum segment dominated the market.
