Global Ordinary Rubik’s Cubes Market Size, Share and Trends Analysis Report, By Application (Entertainment, Competition, and Others), Forecast (2022-2028)
The global ordinary rubik’ s cubes market is expected to grow at a significant CAGR during the forecast period (2022-2028). Rising mergers and acquisitions have been witnessed in the market. For instance, in October 2020, Canadian toymaker Spin Master Corp. is taking Rubik’s Cube for another spin around the block. Toronto-based Spin Master which includes Paw Patrol, Hatchimals and Gund among its toy brands paid $50 million for Rubik’s Brand Ltd. The Rubik’s Cube is an iconic puzzle that has permeated pop culture and captivated fans for more than 40 year. This acquisition is expected to further increase the share of Spin Master in the market.
Some major players in the market include Spin Master Corp., Cube4you, and Verdes, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in May 2022, Created by MegaHouse, a subsidiary of Bandai Namco that produces Rubik’s Cubes on behalf of Spin Master in Japan, the upgraded puzzle features colored squares that change color depending on the angle they’re being viewed. Making things harder yet is the fact that not every square on the cube does the color-changing trick. According to SoraNews24, this promotional video featured a couple of speed cubers both capable of solving a regular Rubik’s Cube in about a minute’s time who were challenged to solve the Rubik’s Cube Impossible. One eventually gave up completely, while the other did the impossible and actually managed to solve it, although it took about three hours to do so.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Spin Master Corp., Cube4you, and Verdes, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ordinary Rubik’s Cubes Market Report by Segment
By Application
- Entertainment
- Competition
- Others
Global Ordinary Rubik’s Cubes Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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