Global Stress Ball
Market Report
2024
The Global Stress Ball market size will grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Stress Ball market size is USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Stress Ball Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Europe Stress Ball Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
Market Split by Type |
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Market Split by Application |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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The main drivers of the market's expansion include the adult generation's growing interest in and propensity for stress-relieving balls as well as spinners, puzzles, and others, and increased disposable income globally. Stress balls are becoming more popular because of their advantages, such as their ability to reduce excessive levels of tension or anxiety.
In 2019, one in eight individuals, or 970 million people worldwide, had a mental illness, with anxiety and depressive disorders being the most prevalent. 58 million children and teenagers were among the 301 million individuals worldwide who had an anxiety disorder in 2019.
Variables like rising teenage anxiety or stress levels and rising toy innovation create long-term growth potential.
A number of different reasons may have contributed to the rise in human stress. In many regions of the world, the prevalence of stress has been rising recently.
In the past year, stress has had an impact on the daily lives of about 3 in 5 persons worldwide (62%) and in the United States (56%). Stress, according to a third (35% of Americans and 34% worldwide), has impacted their everyday life on multiple occasions.
A variety of factors can cause stress, but growing living expenses, job insecurity, and economic uncertainty rank at the top of the list. To make ends meet, people could feel under pressure to put in more hours or take on several jobs. Children are suffering from stress as well. Nearly one-third of kids said they had suffered a bodily ailment, such as headaches, stomach problems, or trouble falling or staying asleep, within the previous month. Even while the underlying stress levels haven't altered dramatically, more people are recognizing and reporting their stress as a result of increased awareness of mental health issues, thus driving the sales of stress balls.
As evidenced by the inclusion of mental health in the Sustainable Development Goals, there has been growing recognition of the crucial role mental health plays in achieving global development goals in recent years. The need for increased investment in mental health awareness, efforts to increase access to high-quality mental health care and effective treatments, and research to find new treatments and enhance existing ones for all mental disorders are all areas that need attention.
In order to provide 100 million additional people with access to high-quality and reasonably priced care for mental health conditions in 12 priority countries, WHO established the WHO Special Initiative for Mental Health (2019-2023): Universal Health Coverage for Mental Health in 2019.
(Source: www.who.int/health-topics/mental-health#tab=tab_1)
Comprehensive mental health policies that address stress as a factor in mental well-being have been developed in some nations. These regulations may include measures for the treatment, de-stigmatization, and prevention of mental health problems. At the same time, some countries have rules and rewards to encourage business owners to establish psychologically healthy workplaces, which can help employees feel less stressed.
Although there are many different applications for compression toys, there are certainly many barriers that will prevent the market from expanding. The popularity of traditional toys as low-cost alternatives could limit the market expansion for stress balls. Toys for reducing stress are just one option for managing your stress and anxiety. These options accommodate various needs and tastes. Regular exercise, whether it be walking, running, yoga, or another sort of physical activity, can be a great method to reduce stress and elevate your mood. You may stay present and lower your stress by engaging in mindfulness and meditation practices. You only need a calm environment and some coaching; no extra tools are required.
Almost every industry in the globe has experienced setbacks during the pandemic. This is because numerous precautionary lockdowns and other limitations imposed by governing bodies around the world have significantly disrupted each company's production and supply-chain operations. The market for stress balls globally is not an exception. Additionally, as this epidemic has negatively impacted the majority of people's individual budgets, people are now more focused on cutting back on non-essential expenditures, which has, therefore, decreased consumer demand. During the forecast period, these variables are anticipated to have an impact on the global stress ball market's revenue trajectory. However, the global stress ball industry is projected to recover as regional regulatory authorities start to loosen these imposed limits.
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The market for stress balls is incredibly competitive. There are several suppliers of stress balls in it, including both significant global conglomerates and smaller niche companies. To draw in more customers, companies have begun offering scented stress balls as part of their product lines.
(Source: shop.bandai.com/about-us)
Top Companies Market Share in Stress Ball Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 40% of the global revenue due to several variables. The significant sales of decompression toys in this area are increasing the market share. A surge in employee layoffs during the COVID-19 pandemic, an increase in workload, and a supportive regulatory environment for the adoption of workplace stress management programs in market organizations are some regional market variables influencing market growth. A substantial market opportunity for stress balls is anticipated to exist over the projection period due to an increasing birth index and rising income. The global market for stress balls is now more accessible because of the rising appeal of stress-relieving toys among young and old alike, such as the Serenity Stress Ball, bubble toys, and Millennium Fidget Cubes.
The market for stress balls in the Europe region is anticipated to expand significantly. As the region's total sales saw a healthy increase, the market for stress balls such as play foam, squishy stress balls, and spaghetti balls remained resilient and brisk. People in Europe have planned to stimulate children and adults and relieve pressure by using stretchy mice and cheese, lavender luvvies scented stress balls, and different toys and bring joy and happiness to the home due to the trend of working from home or studying from home as well as the closing of tourism and leisure venues. Additionally, this strategy boosts sales of stress balls that reduce stress in nations across Europe. Additionally, the introduction of scented stress balls by competitors in the area has increased customer interest. The introduction of such updates and changes in stress balls is likely to see a rise in demand shortly.
The current report Scope analyzes Stress Ball Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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North America dominated the market in 2023, accounting for a share of more than 40% of worldwide sales, according to Cognitive Market Research. The market share is growing in this region because of the significant decompression toy sales. Some regional market factors impacting the market growth include an increase in employee layoffs due to the COVID-19 pandemic, an increase in workload, and a supportive regulatory environment for the adoption of workplace stress management programs in market firms. Stress balls are expected to have a sizable market opportunity during the projected period as a result of rising income and the birth index. The growing popularity of stress-relieving toys among both young and older adults, such as the Serenity Stress Ball, bubble toys, and Millennium Fidget Cubes, has made the global market for stress balls more accessible. Thus, the growing sales of decompression toys coupled with the growing popularity of stress toys is responsible for the market’s growth.
The market for stress balls in the Middle East and Africa is growing at a rate of 5.2 % as it is a developing and changing industry that includes a range of goods and services meant to aid people and organizations in managing and reducing stress. There is an increasing need for mental health services, such as stress relieving toys, as awareness of mental health problems rises in Africa. For people who are struggling with stress and other mental health issues, these programs are essential. In the stress balls industry in the Middle East and Africa, research and development are continuous, with Middle East and African institutions and experts adding to the body of knowledge and creating fresh approaches. Thus, the growing awareness regarding stress will fuel the growth of the Middle East and African region.
It is projected that the stress ball market in Europe will grow at a CAGR of 4.1% throughout the forecast period as the demand for stress balls, including play foam, squishy stress balls, and spaghetti balls, remain robust and active even as the region's overall sales showed a solid boost. Due to the trend of working from home or studying from home as well as the closure of tourism and leisure venues, people in Europe have planned to stimulate children and adults and relieve pressure by using stretchy mice and cheese, lavender luvvies scented stress balls, and different toys and bring joy and happiness to the home. Additionally, this tactic increases the sale of stress balls in countries all over Europe. Thus, the rising demand for stress balls due to the implementation of work-from-home or studying-from-home will fuel the region’s demand for stress balls.
Asia Pacific is predicted to grow at a faster rate of 6.3%, acquiring 22% of the total market share. China is anticipated to have substantial growth during the projection period. In particular, in emerging markets, the market is being driven by the explosion in organized retail presence and strategic manufacturer promotions on social media platforms. Manufacturers are strategically influencing the trajectory of the market by using social media channels. Manufacturers in China are utilizing these platforms to efficiently promote their products as social media continues to develop into a crucial medium for communication and commerce. Interesting content, educational efforts, and personalized messaging are stoking consumer knowledge and interest in stress-reduction stress balls. Therefore, the growing social media penetration regarding stress relieving toys will support the region’s fastest growth rate.
At a CAGR of 4.00% worldwide, Latin America is anticipated to capture a sizeable market share of 5.00%. Like in many other parts of the world, stress is a prevalent problem in Latin America. Stress in the area is a result of a number of variables, such as political unpredictability, socioeconomic inequality, and other societal problems. Economic instability, high rates of inflation, and unemployment are issues in many Latin American nations. These problems frequently result in economic stress, which can cause financial hardships and uncertainties for both people and families. Political upheaval, corruption, and social unrest have all been problems in some Latin American nations in the past. Citizens may feel stressed out as a result of ongoing political unrest and uncertainty. Thus increasing the demand for stress-relieving toys like stress balls in the region.
Global Stress Ball Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Stress Ball Industry growth. Stress Ball market has been segmented with the help of its Type, Application Sales Channel, and others. Stress Ball market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the bean bag is the item that is utilized the most frequently in the market for stress balls. Rising penetration and product exposure will be the driving forces behind the bean bag chair industry. The increased consumer need for flexible living space is a significant trend in the home décor sector. Additionally, there is a rise in demand for bean bags as a result of the increased use of the product in public areas like bars, clubs, and pubs.
Baoding balls are the second-most used product. A pair of Baoding balls are smooth metal balls that are meant to fit in the palm of one hand. They were created in China, where they have been in use for centuries. A set of Baoding balls can be a useful tool for meditation. This ancient Chinese device aids in lowering tension and improving focus.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Stress Ball Industry. Request a Free Sample PDF!
The adult group is the stress ball market's most popular application. Adults frequently experience stress, which can come from a variety of situations and sources. Adults' physical, mental, and general well-being can all be impacted by stress. High workloads, short deadlines, challenging coworkers or superiors, and job uncertainty can all contribute to work-related stress.
According to Cognitive Market Research, the youth group is the second-most popular application. Youth stress is a serious and expanding concern. Numerous stressors relating to academic, social, family, and personal pressures are experienced by young people. Young people's well-being must comprehend and treat stress. Exams, homework, and college applications are just a few of the demanding aspects of school that may be very stressful.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, online sales are the most extensively used channel in the stress ball market. The number of people using smartphones worldwide is increasing as internet usage spreads. Connectivity has increased due to the demand for faster surfing, which has accelerated the development of 4G and 5G technology. The popularity of cell phones is also rising significantly, increasing consumer exposure to internet shopping.
The stress ball for offline retail channels ranks second. Toys and games can be seen, touched, and played with in real stores, giving customers a tactile and immersive experience that internet buying might not be able to match. As a result, customers frequently prefer doing their toy and game shopping there.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Stress Ball Market is witnessing significant growth in the near future.
In 2023, the Bean Bag (American Type) segment accounted for noticeable share of global Stress Ball Market and is projected to experience significant growth in the near future.
The Youth Group segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Happy Worker Inc , PromoPros and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Bean Bag (American Type), Foam Type (Australian Type), Baoding Ball (Chinese Type) |
Application | Youth Group, Adult Group |
Sales Channel | Online, Offline |
List of Competitors | Happy Worker Inc, TAIZHOU HARSOUL IMP. & EXP. CO. LTD., PromoPros, Ronin Exports Private Limited, Wenzhou Success Group Co. Ltd., Fujian East Promotions Co. Ltd., Guangzhou Kinglaiky Industrial Ltd., Jinjiang Jiaxing Supply Management Co. Ltd |
This chapter will help you gain GLOBAL Market Analysis of Stress Ball. Further deep in this chapter, you will be able to review Global Stress Ball Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Stress Ball Market Trends North America Stress Ball Technological Road Map North America Stress Ball Market Drivers North America Stress Ball Market Restraints North America Stress Ball Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Stress Ball market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Bean Bag (American Type) have a significant impact on Stress Ball market? |
What are the key factors affecting the Bean Bag (American Type) and Foam Type (Australian Type) of Stress Ball Market? |
What is the CAGR/Growth Rate of Youth Group during the forecast period? |
By type, which segment accounted for largest share of the global Stress Ball Market? |
Which region is expected to dominate the global Stress Ball Market within the forecast period? |
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