Global Inflatable Toys Business Report 2024: U.S. Market was Estimated at $1.9 Billion in 2023, China is Forecast to Grow at an Impressive 8.6% CAGR to Reach $2.4 Billion by 2030 [Yahoo! F...
INNOVATIVE DESIGNS INC (IVDN)
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Source: Yahoo! Finance
The global market for Inflatable Toys was estimated at US$7.3 Billion in 2023 and is projected to reach US$10.8 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Manufacturers have continuously innovated in terms of design, incorporating popular media characters and themes that keep them attractive to children. Additionally, advancements in materials have enhanced their durability and safety, reducing the risk of punctures and ensuring that they can withstand various environmental conditions without compromising integrity. How Are Environmental Concerns Shaping the Inflatable Toy Industry? As consumer awareness of environmental issues grows, the inflatable toy industry has been pressured to respond with more sustainable practices. This shift is reflected in the adoption of eco-friendly materials that are less harmful to the
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