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Hobby & Toy Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hobby & Toy Stores Market Research Report | NAICS 45112 | Dec 2014

Not playing around: Competition will intensify and subdue growth as disposable income levels recover

IBISWorld’s Hobby & Toy Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 09-14
-0.6%
Annual Growth 14-19
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Profit
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Employment
129,404
Businesses
18,506
Industry Analysis & Industry Trends

Continuing a trend from the past five years, independent hobby and toy stores will find it increasingly challenging to compete with mass merchandisers and department stores, which offer lower prices and convenience. Over the next five years, changing consumer preferences will create tough market conditions for industry operators, as children begin to demand more adult-focused products, like electronics and media players. Still, greater demand from baby boomers and increasing disposable incomes will benefit the industry... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hobby and Toy Stores industry is in the declining stage of its life cycle. Over the 10 years to 2019, industry value added, which measures the industry's contribution to national GDP, is expected to increase at an annualized rate of just 0.9%. This rate indicates that industry growth will not keep pace with inflation, as the total US economy is expected to grow by an estimated 2.5% annually on average during the same period. Over the 10 years to 2019, IBISWorld expects increased competition from external retailers and a reduction in the total number of industry enterprises to characterize the industry; these factors both indicate an industry in decline... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hobby & Toy Stores Industry?

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.

Industry Products
ToysHobby, craft and art suppliesKitchenware and home furnishingsGames (including electronic and video games)Seasonal decorations
 
Industry Activities
Retailing craft suppliesRetailing hobby goodsRetailing magic suppliesRetailing toysRetailing traditional and electronic games


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