I am constantly left frustrated that LEGO gets to do licensing for the most popular stuff (assumingly because they have more money to spend and it's cheaper to build), while it would look so much better as a Playmobil product.
Maybe I'm the odd one out, but a Harry Potter world in PM, or My Little Pony for that matter, would be amazing to me.
Licenses unfortunately are as much a strategic decision from the studio's end as they are from the Licensees.
PLAYMOBIL cannot get blockbuster licenses, They simply do not have a track record on that end and also not the muscle to develop, produce, ship and especially distribute products like Hasbro or LEGO can. To make sure products are on shelf everywhere in the world, including the Walmarts and other hard to penetrate chains, and to sell them out in 6 weeks is PLAYMOBIL's Achilles heal. And licensors know this.
On the other hand, Studios like to once in a while make The Big Ones sweat a little by offering a consolation price to PLAYMOBIL, like the Disney Classic license or another 2nd tier license.
Also, often the chosen licenses end up being quite regionally inspired too. Asterix to placate especially the French market, or a NHL license for US/Canada. Or things like Heidi which were even less known abroad and were doomed to fail from the start.
The biggest or most currently relevant license Geobra had was the Dragons license, and i don't think they will attempt something similar again for a multitude of reasons.