When
it comes to toys, children are spoilt for choice. Research studies demonstrate
that playtime with toys is essential for the social, emotional, cognitive, and
physical well-being of children. Toys act as natural tool for children to
enhance their creativity, develop resiliency, overcome challenges, and
negotiate with others. Through toys, children learn the basic principle of
cause and effect. Children are curious little beings, interested in actively
exploring nature and understand their surroundings. Parents can actually help
their children learn about the world around them to satisfy their curiosity
while increasing their IQ in a fun manner with educational toys. According to
the National Association for the Education of Young Children, in United States,
nearly 90% of preschool children play with toys designed to help kids
think critically, teach social interaction, promote creativity, and engage in
problem solving.
Educational
toys are just like simple toys that are designed to stimulate certain senses in
children and promote learning in some form or another. The global education
toys market is expected to grow at a formidable rate and cross USD132
billion by 2028, owing to their greater adoption across various educational
institutions. Growing population of newborn baby and kids and increasing
learning and education toys space are some of the factors expected to fuel the
market growth. Besides, emergence of new educational toys by the market players
and increase in consumer awareness regarding new educational toys are
propelling the growth of the United States teaching toys market.
Here
are some of the factors positively influencing the growth of the teaching toys
in United States.
Innovative
Artificial Intelligence Toys for S.T.E.M Education
Educational
toys are designed to educate students about technology, engineering, and math
in a fun and frivolous manner. Playing with these toys tend to boost the
children’s cognitive development, curiosity, creativity, and resourcefulness. Robotics
technology enable STEM-interest teens to master a variety of courses as well.
Leveraging AI technology-based educational toys, students can easily develop
and construct projects or even make easy to build robots at home. Besides, STEM
toys encourage interactive learning and discovery via experiential learning. Internet-connected
toys are gaining huge popularity among tech-savvy consumers despite their high
costs compared to the conventional toys due to their ease of use and
personalized instructive approach.
For
instance, Evo Coding Robot developed by Ozobot is an excellent coding robot
that can be used for creative play and screen-free coding, which makes it ideal
for educational projects. The 4M Green Science Salt Water Powered Robot Kit is
designed to teach sustainable energy to teens so that they become more environment
conscious. Coding Charms is another educational toy for crafty youngsters that
love to learn how to code.
Globally,
there is an emerging need to provide education to all with the use of
artificial intelligence but some of the issues like data privacy, cyber
security, bias, and accessibility could hinder the growth of artificial
intelligence toys for STEM education.
Surging
Green Educational and Eco-friendly Toys
The
toy industry contributes to around 40 tons of plastic waste for every USD 1
million in revenues and much of it ends up on landfills or in oceans. Rising
awareness regarding health effects of toxic chemicals and material used in the
toys and advancements in the sustainable space, along with material processing
technology are driving the adoption of green educational and eco-friendly toys.
Disposability has remained a major concern in the educational toys industry as
buyers are not tempted with the outdated and second-hand toys. Hence, toy
manufacturers are designing products using green materials such as sugar cane,
cardboard, bamboo, etc. Amazon, Walmart, and Target have expanded their
sustainable toy assortments, which has enhanced accessibility to consumers and
driving their adoption.
Quercetti,
a toy company has taken initiative to reduce global environmental footprint as
much as possible, introducing their eco-sustainable PlayBio toy line using
bio-based material. These toys are composed by reinforcing wood fibers with
biocomposites, which are green, safe, and versatile. Biocomposites do not
deteriorate and are safe compared to plastic toys, composed from
petrochemicals.
In
May 2021, the US-based toy manufacturer Mattel introduced a new toy takeback
program called PlayBack to encourage use of old Mattel toys that are discarded.
The initiative was a part of the company’s efforts towards reducing their
carbon footprint and promote recyclability among consumers.
More
and more toy companies are expected to introduce green educational toys, owing
to the growing consciousness regarding environmental impact, climate change,
and rise in adoption of sustainable products. Besides, stringent measures by
the government to restrict the use of toxic chemicals, metals, glue, and
conventional paints in toys are expected to drive the green educational toys
market.
Increasing
Adoption of Educational Toys in Teaching Institutions
As
the educational institutions are realizing the importance of learning
integrated with creativity and fun, teaching toys are rapidly gaining traction.
Whether its teaching kids engineering skills or coding through gamified
experiences delivered through tangible toys or using video games as medium for
enhancing knowledge and social skills, there are plenty of ways toy
manufacturers are accommodating to the rising demand for toys that add value to
the playtime. Many toy manufacturers are introducing educational toys beyond
STEM for teaching kids about personal finance management, civic engagement,
climate change, and many other practical skills. Hence, many educational toys
are being integrated into classrooms to enrich the learning experience of
students as well as provide equal access to tools. For instance, Dash Robot is
being widely used in classrooms to make students learn about coding and
reinforcing STEM concepts in a fun manner.
Since
the COVID-19 pandemic, remote and hybrid versions of learning have become more
mainstream. Educational toys can help students thrive in the online educational
settings or those who struggle in face-to-face environments. STEM teachers are
finding greater success in leveraging digital learning tools rather than
relying on physical books to boost children's knowledge and overall skills. Hence,
now many schools have begun advocating a mixed programme, integrating creative
and conventional learning that can help students to become more rounded and
better problem-solvers.
According
to TechSci Research report on “United States Toys Market By Product Type
(Outdoor and Sports Toys, Dolls, Vehicles Toys, Plush Toys, Others (Action
Figures, Construction Toys, Games & Puzzles, etc.)), By Distribution
Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others
(Stationery Stores, Gift Shops, Kiosks, etc.) By Region, By Leading States,
Competition, Forecast & Opportunities, 2027”, the United States toys
market is projected to grow at a formidable rate during the forecast period,
2023-2027. The market growth can be attributed to the increasing number of
dual-income households and improving purchasing sentiments.
Web:
https://www.techsciresearch.com