Hobby & Toy Stores in the US
Operators in the Hobby and Toy Stores industry retail a variety of products, including dolls, electronic toys, games, hobby kits and craft supplies. The industry has performed well over the five years to 2018, expanding in line with improved household finances. However, competition from discount department stores and e-commerce channels has absorbed much of the increased demand for industry products, as these operators are able to offer low prices and one-stop-shop convenience. Accordingly, discount stores have emerged as the leading hobby and toy retailers during the five-year period. Despite an extremely competitive environment both internally and externally, the industry is expected to continue its upward trajectory over the five years to 2023.
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.
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