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Jigsaw toys are set of irregular cut pieces of wood, pasteboard or a picture from design. It is also known as picture puzzle. In the puzzle game it includes scenes from nature and buildings. The main purpose of the game is to join or fit together. The game is suitable for adults and kids. It is played for fun and learning activities. Increased need to develop children’s concentration and rapid innovation in gaming is estimated to surge market growth. increased adoption of the game in television shows is predicted to boost market progress. The game is gaining popularity among parents for its several advantages such as improving memory, boosting self-confidence, and self-esteem is anticipated to drive market progress. Further, easy availability of games in online and offline stores and huge need to develop communication skills among kids is estimated to boost product adoption. Increased demand to develop cognitive skills. The puzzles come in several topics such as maps, periodic tables, zoo, animals, solar systems and fairy tales is predicted to foster market growth. The puzzles help to increase learning perseverance and patience is estimated to aid industry growth in the upcoming years.
COVID-19 Outlook: Supply and Chain Disruption and Shutting of Stores to Hamper Market Progress
The spread of COVID-19 pandemic reduced market progress. The market witnessed disruptions in supply and chain owing to shutting of physical stores. Inclination towards digital games and growing preference for digital games for lockdown restrictions and ease of availability of online games. These factors are anticipated to minimized market growth.
On the contrary, growing need for entertainment and reduce boredom among population accelerated market progress. Also, high need to educate children at home and create a bond between parents and children boosted market progress.
As per Business Research Insights, the global jigsaw toys market size is anticipated to hit USD 534.9 million by 2028, with a CAGR of 2.6% during the forecast period. Increased adoption of Fun games and Rise in Awareness about the Benefits of Puzzle Game to Aid Industry Development.
Business Research Insights Identifies the Following as the Top 5 Leading Companies in the Jigsaw Toy Industry:
1. Springbok Puzzles
Springbok Puzzles is America’s favorite puzzles books. The books contain stunning images and challenging creations. The company was founded in 1963. The most popular puzzle is 1000-piece jigsaw puzzle.
2. Robotime
The leading DIY toy company situated in China. The company offers unique designs and produces premium fun-to-build 3D wooden puzzle. The company was founded in 2007. The company focuses on wooden handicrafts, toys, puzzles, and 3D wooden puzzles.
3. Disney
The multinational entertainment and mass media company. The company was founded in 1923. The company is a major success and has its own theme parks. It is headquartered in U.S. and the earlier name of the company was Walt Disney Production and Walt Disney Studio.
4. Schmidt Spiele
The German publisher of wide range of games such as German-style board games. The company is headquartered in Germany and founded in 1907. The products of the company are based on antique forerunners. The products include such as social games, family, toys, and soft toys.
5. Educa Borras
Founded in 1894 in Spain. The leading brand of magic-based games. The company’s product is distributed more than 75 countries across the globe. The company has rapid innovation and ensure high quality gaming products.
High Need to Develop Logical Reasoning to Stimulate Market Progress
The increased need to develop logical reasoning among population and playing puzzles an individual meets critical situations to solve critical situations. Our brain start thinking. These developments in brain cells is anticipated to boost product adoption. The puzzle is typically made of images which helps in identifying pattern, colors, and shapes. Huge need to improve memory and increased need to relief stress is anticipated to accelerate market progress. The other benefits associated with the game is reduce chances of developing certain types of mental illness. Further, growing awareness about the benefits of meditative features such as increasing patients and posing calm nature is predicted to boost market progress in the forthcoming years. The puzzles are lightweight and easy to use is accelerating product demand.