In recent years, the toy industry has seen a remarkable evolution, with brands constantly pushing the boundaries of creativity and innovation. Popular toy brands have been striving to cater to a wide range of interests and age groups, ensuring that every child finds their perfect playtime companion. As parents and gift-givers seek high-quality and engaging toys, certain brands have stood out for their exceptional offerings and sustained popularity. If you're curious about which brands made it to the top of our list, we invite you to explore further below.
Illustration of toys
Best brands of toys in 2025
LEGO
LEGO stands as a paramount toy producer, demonstrating exceptional growth and market dominance. In 2023, the company generated $9.66 billion in revenue, a 2% increase from the previous year, outpacing the toy industry despite its overall decline. LEGO's strategic focus on adult-oriented sets and aggressive launch of new products, including 47% of its 780 SKUs introduced in 2023, has been a key driver of this success. The company has also expanded its retail footprint with 1,031 dedicated stores worldwide and is investing in new manufacturing facilities in the US and Vietnam. With a market share of 7.6%, LEGO remains the largest toy company globally.
Fisher-Price
Fisher-Price, a renowned brand under Mattel, is a major player in the infant, toddler, and preschool toy market, commanding around 35% of the market share in North America and 25% in Europe. In 2023, despite a 9% decline in global sales, Fisher-Price still maintained significant market presence. The brand's products contribute substantially to Mattel's overall revenue, with worldwide gross billings for the segment being $1,001 million in 2023, although this was a 10% decline from the previous year. Fisher-Price's market share in the Asia-Pacific region stands at 20%, and in Latin America, it accounts for 30% of the market. The brand's resilience and market position underscore its importance in the toy industry. For more information about their products and market impact, visit the Fisher-Price page on Mattel's website.
Mattel
Mattel Inc. is a leading global toy manufacturer, boasting a market share of 36.37% in the Consumer Discretionary Sector as of Q3 2024. The company's portfolio includes powerful brands such as Barbie, which generated $1.538 billion in global sales in 2023, and Hot Wheels, with sales of $1.432 billion in the same year. Mattel's products are sold through major retailers like Walmart, Target, and Amazon, accounting for 44% of its net sales in 2023. The company has also seen market share gains, including a 0.7 percentage point increase in 2023, and continues to outperform the industry with strong financials and innovative product strategies. More insights can be found on their competitive positioning.
Hasbro
Hasbro is a leading toy and game company, renowned for its iconic brands such as Transformers, Play-Doh, and Monopoly, which collectively generated $3.26 billion in revenue in 2023, accounting for 65.09% of the company's total revenue. Despite facing challenges, Hasbro reported a global revenue of approximately $5 billion in 2023, with the U.S. market contributing over $3 billion. The company's Wizards of the Coast and Digital Gaming segment saw a 10% revenue increase to $1.45 billion in 2023. Hasbro continues to streamline its operations, aiming to cut costs by $750 million by the end of 2024. The company's commitment to innovation and storytelling has solidified its position as a major player in the global toy market. For more detailed insights, you can explore their corporate website.
Melissa & Doug
Melissa & Doug is a premier brand in the educational toys market, known for its eco-friendly and screen-free play products, particularly popular in the infant, toddler, and preschool categories. In 2023, the brand generated $364 million in revenue, with an Adjusted EBITDA Margin of approximately 18.5%, consistent with the previous year. The brand was acquired by Spin Master in January 2024 for $959 million, with plans to expand its international presence and explore new areas such as publishing. Melissa & Doug's products are highly regarded for their creative and developmental value, contributing significantly to the educational toys market. The acquisition is expected to be accretive to Spin Master's EPS at a mid-teens rate by 2024. For more details about their creative toys, visit their official website.
Playmobil
Playmobil, a renowned German toy brand produced by the Brandstatter Group, has been a staple in the toy industry since 1974, with over 3.9 billion figures sold worldwide. Known for its detailed and realistic 7.5 cm tall figures, Playmobil offers a wide range of themed sets, including historical, construction, and modern city life themes. The company has a strong commitment to sustainability, aiming for climate neutrality by 2027 and using over 99% green energy in its operations. Playmobil also targets adults with its Playmobil Pro line and nostalgic collections, appealing to both children and 'kidults'. With a brand awareness of 91% in Germany and a loyal customer base, Playmobil continues to innovate and expand its sustainable product lines. For more information, visit their Wikipedia page.
Nerf
The Nerf brand, owned by Hasbro, is a leading producer of toy weapons and recreational products, known for its foam-based weaponry and other innovative toys. Introduced in 1969, Nerf has expanded its product line to include dart guns, sports balls, and water guns like the Super Soaker. The brand's value was approximately $350 million in 2024, although it saw a decline from the previous year. Nerf products, particularly the soft bullet guns, dominate the toy gun market, which is projected to grow at a CAGR of 7.3% between 2022 and 2032. The brand's popularity is further enhanced by its strong brand recognition and safe, engaging products.
Barbie
The Barbie brand, owned by Mattel, is one of the most successful and enduring toy brands globally, with over 1 billion dolls sold worldwide since its launch in 1959. In the first quarter of 2024, Barbie's gross sales reached USD 455 million, a 5% increase from the same period in 2023, with North America accounting for nearly 48% of the total global sales at USD 220 million. The brand's core doll segment generated $200 million in Q1 2024, and online sales contributed to 40% of the total sales, reflecting the growing trend of e-commerce purchases. Barbie holds a significant market share, with around 19% in the fashion doll category and over 11% in the overall toys and games market as of 2020. The brand's valuation is expected to reach around USD 721 million by the end of 2024. For an in-depth look at the brand's performance, visit Barbie Statistics.
Hot Wheels
Hot Wheels, a brand under Mattel, is one of the leading producers of toy cars, manufacturing over 519 million units annually, with around 10 million cars produced every week. Since its introduction in 1968, Hot Wheels has dominated the market, holding a 35% market share in the vehicles segment globally and 45% in North America. In 2023, the Hot Wheels brand generated more than $1.43 billion in gross sales worldwide, highlighting its significant growth and popularity. The brand is known for its innovative designs, with over 20,000 variations of Hot Wheels cars and the introduction of more than 130 new car designs each year. Hot Wheels has become a favorite among both children and adult collectors, solidifying its position as a top toy brand. For more insights, check out Hot Wheels statistics.
Little Tikes
Little Tikes, a renowned brand under MGA Entertainment, is a leading producer of high-quality toys, particularly in the infant and preschool segments. The brand contributes significantly to its parent company, with estimates suggesting its annual sales range between $300 million and $500 million, making up about 13% of Newell Rubbermaid's total sales revenue in the infant/juvenile care and play division. Known for its durable and engaging products, Little Tikes has maintained its market presence despite fluctuations in the toy industry, with a focus on organic growth to enhance its traditional single-digit growth rates. The brand's online presence is strong, with eCommerce net sales of $5.4 million in 2023, primarily generated in the United States. Little Tikes continues to innovate and adapt to consumer trends, ensuring its products remain popular among children and parents alike. Explore more about their engaging toys and innovations.
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