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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 | May 2016

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

IBISWorld’s Hobby & Toy Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
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Profit
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Employment
144,433
Businesses
17,918
Industry Analysis & Industry Trends

Over the five years to 2016, the Hobby and Toy Stores industry has struggled to fully rebound from recessionary lows, even as the overall economy strengthens. Competition from discount department stores and e-commerce channels has absorbed the increased demand for industry products by offering low prices and a one-stop-shop experience. Accordingly, discount stores have become the leading hobby and toy retailers during the five-year period. Despite the extremely competitive environment, the industry is expected to experience growth in the five years to 2021. Armed with deeper pockets, consumers are expected to increase their expenditure on toys and hobby supplies... 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. 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 2016, or 21.5%, 17.9%, and 15.6%, respectively, of all hobby and toy stores in the United States. The share of stores falls broadly in line with population trends, with the Southeast accounting for 25.6% of US population, the West region about 17.2% and the Mid-Atlantic region for 15.3%... 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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