Global Blind Boxes Market Size By Product Type, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Blind Boxes Market size was valued at USD 13.5 Billion in 2024 and is projected to reach USD 31 Billion by 2031, growing at a CAGR of 5.5% from 2024 to 2031.
The attractiveness of buying Blind Boxes is driven by anticipation, the element of surprise, and the desire to acquire NFTs. The rise of digital has also resulted in more innovation in the blind box industry. The Global Blind Boxes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Blind Boxes Market Definition
So, what's a "blind box?" Well, it basically means you're taking a chance! You're buying a sealed box or bag, and you have absolutely no clue which specific design from the set you're going to get.
Think of it like thiswe don't know either! They're all sealed up tight. It's kind of like buying trading cards, but instead of getting a baseball card, you get an awesome toy!
This whole "blind box" thing is really just how a lot of smaller Urban Vinyl toys are packaged. It means there aren't any windows or peeking holes – you're going in totally blind trying to guess which toy you'll unwrap!
Small toys delivered from vending machines, known as “gashapon,” are packed in this manner in Japan to encourage collecting and trading among the children who purchase them. It’s generally considered as an annoyance by adult toy collectors. In recent years, the name gashapon has evolved to designate to blind-box trading figures, which are effectively the same commodity supplied randomly from sealed packets rather than through a machine. Blind Boxes provide creators with increased exposure, reach, and direct sales for their portfolio. When jarring is required, the blind box is often of robust construction and is reinforced to reduce damage.
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Global Blind Boxes Market Overview
The digital world has really shaken things up in the blind box scene, in a good way! Now, collectors can easily find and compare those awesome figurines 24/7 using mobile apps. Some apps even let you pay a little extra to ditch the styles you don't want, or boost your chances of snagging your fave. It's amazing how this idea has stuck around, even when other trends disappeared. On platforms like Douban, RED, or even private WeChat groups, people are all about discussing new releases, sharing unboxing videos, and trading duplicates. You've even got those influencers and collectors everyone looks up to for advice. And the companies? They've kept things fresh by teaming up with local artists, designers, and brands, and really getting to know the fans of the people they're working with.
It's fascinating to see how this industry is booming! More and more companies are trying to get in on the action, wanting to beef up their "lifestyle" products. Think about iteven giants like IKEA, Starbucks, and Disney have launched limited editions or teamed up with cool brands like Pop Mart. And it’s not just international brands. Even the Palace Museum of China has hopped on the blind box train, offering designer souvenirs using the same concept on site. Remember when blind boxes were super cheap? Back then, people were used to spending a bit more on toys, even on a whim. But as the trend took off, and the whole unwrapping thing became more elaborate, producers started adding surprise elements and layers to the packaging, keeping us all hooked.
Global Blind Boxes MarketSegmentation Analysis
The Global Blind Boxes Market is segmented based on Product Type, Application, and Geography.
Blind Boxes Market, By Product Type
• Animal Doll• Cosmetic Products• Others
Based on Product Type, the market is bifurcated into Animal Dolls, Cosmetic Products and Others. The toy market is dominating the market. This is because the thrill of speculating and unpacking the merchandise is unrivalled in children.
Blind Boxes Market, By Application
• Mall• Vending Machines• Others
Based on Application, the market is bifurcated into Malls, Vending Machines and Others. The application of Bling Boxes in the Malls is more prevalent.
Blind Boxes Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global Blind Boxes Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific dominated the global economy, with China and India.
Key Players In Blind Boxes Market
The “Global Blind Boxes Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are LEGO, Google, Toys “R” Us, ap1983.com, POP MART, Miniso, Sonny Angel, EXDL, Tokidoki, and Kidrobot.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Blind Boxes Market Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
LEGO, Google, Toys “R” Us, ap1983.com, POP MART, Miniso, Sonny Angel, EXDL, Tokidoki and Kidrobot
SEGMENTS COVERED
By Product Type
By Application
By Geography
CUSTOMIZATION SCOPE
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