Market Overview:
The Inflatable Toys Market is projected to reach US$ 2,577.43 million by 2028 from US$ 1,975.13 million in 2021; it is expected to grow at a CAGR of 3.9% from 2021 to 2028. Inflatable beach toys are a popular choice for outdoor vacations. Generally, inflatable toys are made of polyvinyl chloride (PVC). However, due to the growing awareness related to the health risks of PVC, the inflatable toy manufacturers are using nontoxic materials such as thermoplastic polyurethane and heavyweight vinyl to develop nontoxic products that are safe for children. Based on end use, the inflatable toys market is segmented into residential and commercial. The residential segment held a larger market share in the inflatable toys market in 2020 and is projected to register a faster CAGR during the forecast period. The segment’s growth is attributed to the factors such as a rise in population, an increase in per capita income, a surge in expenditure on toys and other home entertainment products for children, and t
