How much did the toy industry make in 2020?
How much did the toy industry make in 2020?
Total revenue of the world toy market was recorded at around 94.7 billion U.S. dollars in 2020. The market has grown by over 13 percent since 2010.
What was the total of global toys sales in 2020?
$95 billion
Global toy sales reached $95 billion in 2020, posting a 2.6% growth over 2019.
What company sells the most toys?
McDonald’s is the largest distributor of toys in the world, and by far. 20% of all sales at McDonald’s include a toy, with one being passed out with each Happy Meal the company sells.
Is the toy industry growing?
The global toys market size was USD 129.45 billion in 2020. Based on our analysis, the global market exhibited a stellar growth of 22.30% in 2020. The market is projected to grow from USD 141.08 billion in 2021 to USD 230.64 billion by 2028 at a CAGR of 7.30% in the 2021-2028 period.
Is the toy industry profitable?
Led by the U.S., North America is one of the most profitable and important regional markets for these companies. The toy industry’s annual total economic impact in the U.S. was 97.2 billion U.S. dollars, while over 623,000 jobs directly related to the American toy industry were generated.
Has the world become a leading market for toys?
Driven by a huge consumer base, India represents an important market for toys. With a population of around 1.3 Billion, it is the second largest populated country in the world. India has exhibited strong GDP growth rates for the last several years and now represents amongst the world’s largest economies.
What is the richest toy company in the world?
Lego is the world’s most valuable toys brand, with a brand value that now stands at US$7.6 billion.
Who dominates the toy market?
Danish company Lego, known for its interlocking plastic bricks, was the leading toy company worldwide with over 7.2 billion U.S. dollars in revenue in 2020. Tokyo-based Bandai Namco ranked in second place with revenue of almost 6.6 billion U.S. dollars, amongst the major toy companies.
Are toys dying out?
Byrne: No, toys are definitely not dying. Fortunately, the species does not evolve as quickly as technology does. Kids still love the tactile play.
How much is the toy industry worth?
May 30, 2017May 26, 2017. According to the Toy Industry Association, the United States toy market is worth $22 billion a year with a worlwide revenue of $84.1 billion overall market. The following statistics take a look at the domestic toy market by category and overall industry.
How many plush animal toys are sold in the US?
Sales of plush animal toys in the United States have fluctuated over the past decade. In 2018, the sales of plush animal toys amounted to 1.23 billion U.S. dollars. In comparison, this figure was around 1.7 billion U.S. dollars in 2010 and less than one billion U.S.
What is the largest segment of the toy industry?
Outdoor and sports is the largest segment in the U.S. toy industry. This segment had sales of over five billion U.S. dollars in 2020. The U.S. toys and games market is a multi-billion dollar industry encompassing a wide range of items, such as board games, educational toys, dolls, and plush toys.
What was the toy industry like in 2020?
Source: The NPD Group/Consumer Tracking Service/US/Jan-Dec.2020 U.S. toy industry dollar volume and trends by Super Category shows the greatest increase in games/puzzles, outdoor & sports toys, and building sets in 2020 vs. 2019 according to The NPD Group’s US Retail Tracking Service that covers 78% of the US Toys Market.
