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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 | Sep 2015

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

IBISWorld’s Hobby & Toy Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 10-15
-0.1%
Annual Growth 15-20
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Profit
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Employment
138,673
Businesses
17,496
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 Analysis Chapter

The Hobby and Toy Stores industry has crafted minimal revenue growth over the past five years. Operators in this industry retail a variety of toys and hobby goods, including dolls, electronic toys, games, hobby kits and craft supplies. Over the five years to 2015, industry operators have struggled to recover from recessionary lows, despite improving economic conditions. As consumer income rose, the competitive landscape intensified and operators both in and out of the industry fought to win over consumers. Competition from discount department stores and online retailers eroded industry sales and profitability, as lower-priced comparable products increasingly lured away customers from traditional industry operators... 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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