Washable Finger Paint Market Growth Accelerated by Increasing Popularity Among Preschool Children

 

Washable finger paints are a type of paint used primarily by preschoolers and kindergarten kids for creative exploration and learning. These paints can be easily applied and removed from skin with just water, allowing young children to freely experiment with color and textures. The global Washable Finger Paint Market is estimated to be valued at US$ 2,363.3 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Rising enrollment in preschool education across both developing and developed countries has boosted the popularity of washable finger paints among parents and educators. According to recent surveys, over 80% of American parents encourage creativity and artistic skills in preschoolers through usage of finger paints. Leading manufacturers are introducing innovative product lines with fun scents and textures targeted towards toddlers and kindergarten curriculum. Such factors are expected to drive further demand and aid the market in expanding at a steady rate over the coming years.

Segment Analysis
The global washable finger paint market is dominated by schools and daycare segments. As finger paints are perfect for children age above 3 years old to explore their creativity and develop motor skills. Schools/daycare segment accounts for over 35% market share as it helps in cognitive development, imagination and mindfulness of children.

Key Takeaways
The global washable finger paint market is expected to witness high growth over the forecast period driven by rising population of kids along with growth in preschool and childcare centres.

Regional analysis shows North America dominates nearly 30% share due to growing awareness among parents about importance of creativity and motor skills development at early age. Europe is second largest region with over 25% share owing to rising enrolment in preschools and established education system.

Key players operating in the washable finger paint market are Crayola LLC, Melissa & Doug, Faber-Castell, Sargent Art, Colorations, Prang, Handy Art, Amos, Okonorm, TColors, Little Brian, Eco-Kids, Doodle Hog, TBC The Best Crafts, ALEX Toys. Crayola LLC leads the market with over 15% share due to wide product portfolio and strong brand presence across preschools and childcare centres globally. Melissa & Doug enjoys next prominent position supported by eco-friendly product offerings along with toy kits.

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