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Game & Toy Manufacturing in Germany - Market Research Report (2014-2029)

Ashkan Salim Ashkan Salim Frankfurt, Germany Last Updated: September 2024 WZ C32.40DE

Revenue

€3.0bn

2024

€3.0bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

12,482

Businesses

56

Wages

€XXX.Xm

Game & Toy Manufacturing in Germany industry analysis

Though toys have continued to enjoy a certain popularity in recent years, a decline in industry sales could not be prevented. Industry sales have fallen by an average of 4.4% per year over the last five years. This development is mainly due to increasing competition from electronic devices, video games and social media. Electronic gadgets and video games have taken over a significant proportion of leisure activities, which is why traditional toys are being displaced. Children and young people are spending more time with digital forms of entertainment, which is leading to a reduced demand for traditional toys. Social media also play an important role, as they promote new trends and hobbies that are often digital in nature. As a result, consumer interest is shifting further away from physical toys, which explains the decline in sales in the industry.In 2024, the toy manufacturing industry will continue to face significant challenges such as declining sales and intense competition. IBISWorld expects industry turnover in the current year to fall by 1.9% year-on-year to €3 billion. Nevertheless, innovations such as digital and interactive toys, which could open up new market segments, also offer opportunities. Strategically, many manufacturers are focusing on diversifying their products and strengthening online retail in order to respond directly to changing consumer trends and consolidate their market presence. < />Thanks to the increasing willingness of private households to spend and pay for high-quality toys manufactured in Germany, industry sales are expected to grow by an average of 3.3% annually over the next five years to reach 3.5 billion euros in 2029. Rising population figures and growing net household incomes in Germany are also likely to have a positive impact on demand for toys. Parents in particular are likely to pay more attention to the potential health risks of toys and their sustainable production in future due to increasing health and environmental awareness. Industry players are trying to capitalise on this trend and are establishing certificates and seals of approval to emphasise the high quality of their toys.

Trends and Insights

  • Consumers are increasingly paying attention to quality when buying toys and are more likely to choose products made in Germany. Cheap goods from Asia, on the other hand, are increasingly being criticised for being harmful to health.
  • The demand for board games and puzzles is growing. The share of sales accounted for by this product group has recently increased, as board games in particular are no longer only produced for children, but increasingly more complex games are being developed for older target groups.
  • The centre region is attractive for industry players due to its good transport connections. Goods can be delivered quickly throughout Germany from there, and exports are also easy thanks to the good infrastructural connections.
  • Internal competition in the industry is fierce. Industry players are constantly launching new products on the market in order to win over customers. Successful products are being relaunched or modernised in order to meet changing consumer preferences and consumption trends.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 4.4 % over the past five years, to reach an estimated €3.0bn in 2024.

Trends and Insights

Games, puzzles and trading cards continue to enjoy great popularity

  • Board, card and parlour games have a long tradition in Germany. According to a survey conducted by the Allensbach Institute for Public Opinion Research in 2023, around 33 million Germans occasionally play board games, 5.7 million even regularly. This is reflected, among other things, in the unbroken demand even during the pandemic. Numerous classic games such as "The Settlers of Catan", "Carcassonne" and "Thurn und Taxis" were penned in Germany.
  • Additional trends and insights available with purchase
Game & Toy Manufacturing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Biggest companies in the Game & Toy Manufacturing in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Ravensburger AG
285.0
Horst Brandstätter Holding GmbH
237.2
Simba-Dickie-Group GmbH
149.0

To view the market share and analysis for all 8 top companies in this industry, view purchase options.

Products & Services Segmentation

Game & Toy Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Various small toys, Billiards and coin-operated games and Board games and puzzles. Various small toys is the largest segment of the Game & Toy Manufacturing in Germany.

Trends and Insights

Parents buy small toys made of well-tolerated materials to protect their children from harmful substances

  • This product group includes small toys such as music and model toys, educational games, plastic games, rattles and other toys for toddlers and babies.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry is concerned with the manufacture of dolls, toy figures, board games, puzzles, electronic games, fortune toys and other toys. The industry does not include the production of musical instruments, decorative and entertainment articles, video game electronics and the programming of video games.

What's included in this industry?

Billiards and coin-operated gamesBoard games and puzzlesElectric locomotives and construction kitsToy vehiclesDolls

Companies

Ravensburger AGHorst Brandstätter Holding GmbHSimba-Dickie-Group GmbH

Purchase this report to view all 8 major companies in this industry.

Related Terms

SOCIAL GAMEBILLIARD GAMESVOICE ASSISTANTAUGMENTED REALITYVIRTUAL REALITYARTIFICIAL INTELLIGENCE

Industry Code

WZ 2008

WZ 32.40 - Game & Toy Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Consumers are increasingly paying attention to quality when buying toys and are more likely to choose products made in Germany. Cheap goods from Asia, on the other hand, are ...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The demand for board games and puzzles is growing. The share of sales accounted for by this product group has recently increased, as board games in particular are no longer o...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The centre region is attractive for industry players due to its good transport connections. Goods can be delivered quickly throughout Germany from there, and exports are also...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Internal competition in the industry is fierce. Industry players are constantly launching new products on the market in order to win over customers. Successful products are b...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Ravensburger AG is the largest player in the industry. The company is constantly working on the development of new, innovative games, often integrating digital aspects.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Ravensburger AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Horst Brandstätter Holding GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Simba-Dickie-Group GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 5 additional companies

Detailed analysis

  • Description and key data for Ravensburger AG, and factors influencing its performance in the industry
  • Description and key data for Horst Brandstätter Holding GmbH, and factors influencing its performance in the industry
  • Description and key data for Simba-Dickie-Group GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for 5 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The demand for toys depends on the number of births and the size of the population. A lot of toys are usually bought when a child is born. However, as adults also use toys su...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The profit margin has recently decreased due to increasing price competition from cheap imports and rising labour costs. Manufacturers of high-quality, custom-made or persona...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Game & Toy Manufacturing industry in Germany in 2024?

The market size of the Game & Toy Manufacturing industry in Germany is €3.0bn in 2024.

How many businesses are there in the Game & Toy Manufacturing in Germany industry in 2024?

There are 56 businesses in the Game & Toy Manufacturing industry in Germany, which has grown at a CAGR of 0.7 % between 2019 and 2024.

Has the Game & Toy Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Game & Toy Manufacturing industry in Germany has been declining at a CAGR of 4.4 % between 2019 and 2024.

What is the forecast growth of the Game & Toy Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Game & Toy Manufacturing industry in Germany is expected to grow.

What are the biggest companies in the Game & Toy Manufacturing market in Germany?

The biggest companies operating in the Game & Toy Manufacturing market in Germany are Ravensburger AG, Horst Brandstätter Holding GmbH and Simba-Dickie-Group GmbH

What does the Game & Toy Manufacturing in Germany include?

Billiards and coin-operated games and Board games and puzzles are part of the Game & Toy Manufacturing industry.

Which companies have the highest market share in the Game & Toy Manufacturing in Germany?

The company holding the most market share in Germany is Ravensburger AG.

How competitive is the Game & Toy Manufacturing industry in Germany?

The level of competition is high and increasing in the Game & Toy Manufacturing industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Consumer Electronics Manufacturing in Germany
  • Musical Instrument Manufacturing in Germany
  • Computer Game Publishing in Germany
  • Television Programming & Broadcasting in Germany
  • Amusement & Theme Parks in Germany

Complementors

  • There are no industries to display.

International industries

  • Toy, Doll & Game Manufacturing in the US
  • Toy, Doll & Game Manufacturing in Canada
  • Toy and Sporting Goods Manufacturing in Australia
  • Game & Toy Manufacturing in the UK
  • Toy Manufacturing in China

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.