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Oct 16, 2024 · Toy Industry Statistics for Canadians. Canadian toy and games sales generated almost $7.3 billion in retail store sales in 2022. The value of sales increased by 1% in 2022 compared to 2021. In 2020, toys and games imported to Canada were worth $5.32 billion. Most of Canada’s toy and game exports go to the United States.
- Amazon Canada and Walmart Canada are the biggest online toy retailers in Canada.
- There are 1,587 hobby & toy store businesses and 85 toy and game manufacturers in Canada.
- Although the number of Canadians buying toys online increased during the pandemic, three quarters of Canadians still prefer to buy toys from brick-...
- The toy and games sales generated almost $3.63 billion in retail store sales in 2020 in Canada.
- The most popular toys in 2022 included Barbies, Hot Wheels, and OMG Fashion Show Hair edition
Jun 13, 2024 · Manufacturers and stores As of December 2023, there were around 1,500 hobby, toy, and game stores in Canada to keep up with demand. Unsurprisingly, many of these retailers are based in the most ...
Annual Canadian Sales Data. Sales are representative of retailers that participate in Circana's Retail Tracking Service. Circana's current estimate is that the Retail Tracking Service represents approximately 66% of the Canadian retail market for toys. Category. 2022.
- Top 10 Toy Industry Statistics For 2022
- Global Toy Industry Trends
- Toy Market Statistics on Spending and Consumer Trends
- Canadian Toy Industry Statistics
- Conclusion
- FAQ
The global toy market is anticipated to generate revenues of over US$120 billion by 2023.China was expected to generate the most revenue—US$68,938 million in 2021.The global toy market size in 2019 was US$90.7 billion.The highest average amount spent per child was recorded in the UK—$438 per child.In the section below, you will learn about the standing of the toy industry on a global scale. Continue reading if you cannot wait to find out who led the industry in 2019 or how much revenue it is forecast to generate in the near future.
Expenditures on toys vary significantly from country to country and from household to household. Continue reading if you want to learn just how much Canadians are willing to spend on toys and what drives the most toy sales.
With42% of Canadian households having a gaming console, one could safely assume that Canadians sure do love their games. That said, consoles are only one of the numerous segments of the toy market. Now, time to move to the section below to find out the residents’ favourites and their go-tos. Number of Hobby, Toy, and Game Stores in Canada as of Dec...
Overall, these toy industry statistics reveal that the Canadian market is driven by fast-changing consumer preferences, increased online sales due to the pandemic, and the rising demand for high-quality, eco-friendly products. Finally, with thegiftware industry on the rise, we can expect to see the further growth of the toy market both in Canada an...
What is the toy industry worth?
Statistics for 2020 show that the toy industry in the US is worth an estimated US$32.6 billion, representing a 16.7% growth from 2019. As for Canada’s toy industry in 2020, retail sales of hobby supplies, games, and toys add up to $5.15 billion. The revenue of the Canadian Toys & Games segment was projected to reach US$4,875 million in 2021. What’s more, the stats point to a 2.9% annual market growth during 2021–2025. When it comes to the global toy market, stats reveal that China generates t...
Is the toy industry growing?
Yes! Globally, the toy market is forecast to generate a revenue of over US$120 billion by 2023. To top it all off, the toy industry statistics point to a notable CAGR of 4% during 2017–2023. (Research and Markets)
What toy company makes the most money?
According to statistics from 2017, the most valuable toy manufacturer globally was Lego, with a total value of US$7.6 billion. Nevertheless, a newer survey released in 2020 claims that the toy company with the most revenue in 2019 was Bandai Namco with around US$6.6 billion, followed by Lego with US$5.7 billion. Hasbro and Mattel come right after with US$4.7 billion and US$4.5 billion in revenue, respectively. (Brand Finance) (Statista)
As a result, sales boomed, especially for shops with prominent e-commerce platforms. Thus, revenue has been growing at a CAGR of 4.6% over the past five years and is expected to reach $8.2 billion in 2023, when revenue will rise an estimated 1.5%.Despite growing sales, many hobby and toy stores have endured dwindled returns.
Statistics Canada's Trust Centre: Learn how Statistics Canada keeps your data safe and protects your privacy. North American Industry Classification System (NAICS) Canada 2012 Introduction. 44-45 - Retail trade. 451 - Sporting goods, hobby, book and music stores US. 4511 - Sporting goods, hobby and musical instrument stores US.
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Definition. This industry comprises establishments primarily engaged in retailing new toys, games, and hobby and craft supplies. Read more. Example Activities: Board games (amusement), retail Ceramic greenware and supplies, retail Ceramics supplies, retail Craft kits and supplies, retail Hobby kits, model, retail Lapidary supplies, retail Macramé supplies, retail Paint-by-number sets, retail ...
