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 Locations Chapter
As with most retail industries, the location of hobby and toy stores falls broadly in line with a region's population. This also influences the employment and wage level for the particular region. The demand for hobby and toy stores will generally be greatest in regions with the greater the number of residents.
The Southeast, West, and Mid-Atlantic regions of the country are estimated to account for the highest share of industry establishments in 2014 with about 21.4%, 17.6%, and 16.6% of hobby and toy stores, respectively. The share of stores falls broadly in line with population trends, with the Southeast accounting for 25.4% of US population, the West region about 17.1% and the Mid-Atlantic region for 15.5%... purchase to read more