PUBLISHER: The Business Research Company | PRODUCT CODE: 1619542
PUBLISHER: The Business Research Company | PRODUCT CODE: 1619542
Decompression toys are objects created to reduce stress and anxiety by offering tactile or sensory stimulation. They assist individuals in relaxing and concentrating by engaging their hands or minds in repetitive movements or activities. These toys are often employed to manage feelings of restlessness, tension, or emotional discomfort.
The primary types of decompression toys include decompression cubes, decompression gyros, and decompression magnetic fluids. A decompression cube is a small, handheld device aimed at alleviating stress or anxiety through tactile interaction, typically incorporating buttons, switches, and other fidget-friendly features. These toys are made from various materials such as plastic, rubber, fabric, metal, and wood and are used in diverse settings including corporate environments, homes, and schools.
The decompression toys market research report is one of a series of new reports from The Business Research Company that provides decompression toys market statistics, including the decompression toys industry's global market size, regional shares, competitors with a decompression toys market share, detailed decompression toys market segments, market trends and opportunities, and any further data you may need to thrive in the decompression toys industry. This decompression toys market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The decompression toys market size has grown strongly in recent years. It will grow from $2.45 billion in 2023 to $2.62 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The increase observed during the historic period can be linked to the heightened interest among adults, a rise in depression cases, greater mental health awareness, increased disposable income, and shifts in lifestyle.
The decompression toys market size is expected to see strong growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period is driven by escalating anxiety levels, a boost in consumer purchasing power, a focus on holistic approaches, influences from social media and viral trends, and a growing need for stress-relief solutions. Key trends for this period include recent advancements, integration of sensors, smart functionalities and technologies, growing interconnectedness, and innovations in products.
The increasing prevalence of anxiety is anticipated to drive the growth of the decompression toys market in the future. Several factors contribute to the rise in anxiety-related disorders, including trauma from negative life experiences, chronic stress from ongoing challenges, genetic predisposition, substance abuse that worsens symptoms, and the effects of social media and societal pressures on mental health. Decompression toys assist with anxiety-related disorders by providing sensory stimulation that distracts the mind, alleviates stress, and promotes relaxation. For example, a survey conducted by the American Psychiatric Association, a US-based organization representing psychiatrists and trainee psychiatrists, found that in May 2024, 43% of adults reported feeling more anxious than the previous year, up from 37% in 2023 and 32% in 2022. Thus, the rising prevalence of anxiety is fueling the growth of the decompression toys market.
Leading companies in the decompression toys market are focusing on creating innovative products, such as bendable fidget toys, to enhance user engagement and stress relief. Bendable fidget toys are flexible, moldable items designed for tactile stimulation and stress reduction through bending, twisting, and shaping. For instance, in September 2023, Fun in Motion Toys, a US-based toy manufacturer, introduced Nockles, a collection of soft, bendable fidget toys that can snap together to form various geometric shapes. These toys can expand, collapse, pull, flip, and bend, providing a satisfying sensory experience as users manipulate the components in different ways. The Nockles product line includes the Nockles Diga, Nockles Loop, Nockles Tetra, Nockles Cube, and Nockles Sphere.
In July 2023, Squishmallows, a US-based toy company, collaborated with VeeFriends to release VeeFriends characters as plush toys. This partnership underscores VeeFriends' commitment to offering a diverse range of products that promote positivity, kindness, and accountability, while also providing joy to fans and collectors by turning these characters into tangible collectibles. VeeFriends LLC is a US-based entertainment company.
Major companies operating in the decompression toys market are The Lego Group, Zuru Inc., Jakks Pacific, Fat Brain Toys, 4ALLPROMOS, Play Visions Inc., Fidgetland, Poopsie, Tangle Creations, Relaxus Product Ltd., Kaleidoscope Toys, Vortex Toys, Spiral Toys Inc., ALEX Toys, Toysmith, Bouncy Bands, MOKURU, Kibtoy, Yiwu Flybear Toy Company Limited, Pelo
North America was the largest region in the decompression toys market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the decompression toys market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the decompression toys market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The decompression toys market consists of sales of stress balls, fidget spinners, sensory rings, squishy toys, and kinetic sand. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Decompression Toys Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on decompression toys market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for decompression toys ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The decompression toys market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.