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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 | Jul 2014

Game changer: Higher incomes will boost sales, but external competition will constrain growth

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 09-14
-1.6%
Annual Growth 14-19
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Profit
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Employment
123,878
Businesses
16,691
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 - Starting a New Business Chapter

New operators planning to enter the hobby and toy retailing industry will face a variety of challenges. The most significant barrier to entry for prospective firms will be pricing pressure from large players both within and external to the industry. Industry retailers encounter pricing pressure from discount department stores and mass merchandisers; these larger sized operators benefit from economies of scale, and hence are able to purchase a wide variety of merchandise, often at discounted prices, and pass savings on to consumers without effectively reducing their product margins... 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 retail used toys, fabric and sewing supplies, or children's apparel and furniture are not included in this industry.

Industry Products
Traditional toys and gamesElectronic and video gamesHobby and craft suppliesOther products and services
 
Industry Activities
Retailing craft suppliesRetailing hobby goodsRetailing magic suppliesRetailing toysRetailing traditional and electronic games


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