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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 | Apr 2014

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

IBISWorld’s Hobby & Toy Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 09-14
0.2%
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 - 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

 


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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