Hobby & Toy Stores in the US
Operators in the Hobby and Toy Stores industry sell a variety of products, including dolls, electronic toys, games, hobby kits and craft supplies. Over the five years to 2017, the industry has performed well, growing in line with the economic recovery. However, competition from discount department stores and e-commerce channels has absorbed much of the increased demand for industry products by offering low prices and one-stop-shop convenience. Accordingly, discount stores have become the leading hobby and toy retailers during the five-year period. Despite an extremely competitive environment both internally and externally, hobby and toy retailers are expected to experience growth over the five years to 2022.
Operators in this industry sell a broad range of toy and hobby goods, such as traditional dolls and toys, electronic toys (including video and electronic games), board games, hobby kits and craft supplies. These goods are retailed to the general public after they are purchased from domestic and international manufacturers and wholesalers. Companies that primarily retail used toys, fabric and sewing supplies or children’s apparel and furniture are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook