GCC Toys Industry Booms: Playtime Profits Reach $4.5 Billion by 2026: Ken Research
The GCC toys market thrives on a confluence of factors:
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Competitive Landscape: Leading Players and Recent Developments
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Future Outlook: Embracing Technology and Sustainability
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Financial Ratios Benchmarking of GCC Toys Industry
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The GCC Toys Industry has made significant growth in recent years and is expected to witness remarkable growth in the coming years as well. The industry is driven by factors including Educational and STEM Toys, E-commerce and Online Retailing, and Licensing Agreements. Toy Triangle, Al Khairat, and Happy Time are some of the leading toy distribution companies in the GCC (Gulf Cooperation Council) region.
The US Online Sports Betting Market is expected to show an increase in growth, at a CAGR of ~12% between the years 2022 to 2028, with much more capable influencers incoming to make the infrastructure much more dominant in the field of online betting. The US online sports betting market is likely to continue growing as more states legalize and regulate sports betting.
US Game Streaming Market Outlook to 2027 Segmented by device type, by platform and by region
The US Game Streaming market is expected to show an increase in growth, at a CAGR of ~7.5% between the years 2022 to 2027, with much more capable influencers incoming to make the infrastructure much more dominant. Cloud gaming is expected to continue growing in fame and popularity, with a greater number of companies entering the market and also on existing platforms, helps expand their services.
The KSA Toy market size is projected to experience steady growth over the years, increasing from 6.1 SAR Bn in 2022 to 9.7 SAR Bn in 2027 due to rising household income, rapid growth of e-commerce and retail sector. The market is going to be driven by factors such as population growth, rising disposable incomes, and expansion of retail as well as e-commerce sector, and increasing focus on quality and safe products.
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