How big is the toy market in the UK?
The toy industry in the United Kingdom is an important and lucrative market, growing steadily every year. The revenue of the toys and games market grew significantly in recent years, going from approximately 4.9 billion British pounds in 2013 to over 7.1 billion in 2021.
Who sells the most toys in the UK?
Very.co.uk is the fourth biggest Toys & Baby online store in the UK with net sales of US$ 256 million in 2020….
| Characteristic | E-commerce revenue in million U.S. dollar |
|---|---|
| argos.co.uk | 812 |
| amazon.co.uk | 733 |
| sainsburys.co.uk | 319 |
| very.co.uk | 256 |
Which age group buys the most toys?
While purchasers are most likely buying for kids under the age of 12 (48 percent), 30 percent of adults purchased toys and games for an older child and almost four in ten (38 percent) purchased for another adult*.
How can you segment the customers of toy store?
The toys market is segmented into product type, age group, sales channel and region. By product type, the global market is classified into action figures, building sets, dolls, games/puzzles, sports & outdoor toys, plush and others. By age group, it is studied across upto 5 years, 5 to 10 years, and above 10 years.
What is the toy industry worth?
U.S. market size for the total toy industry for 2020 is approximately $32.6 billion, representing a 16.7% increase vs 2019 according to The NPD Group/Consumer Tracking Service.
Is the toy industry competitive?
However, the demise of major retailers like Toys R Us reveals another side of the toy market: It’s an intensely competitive and rapidly changing industry. A SWOT analysis points out its strengths and weaknesses.
How many toy stores are there in the UK?
This statistic represents the number of retail enterprises selling games and toys in specialized stores in the United Kingdom from 2008 to 2019….
| Characteristic | Number of enterprises |
|---|---|
| 2019 | 981 |
| 2018 | 971 |
| 2017 | 943 |
| 2016 | 901 |
Why do adults collect toys?
The collections allow people to relive their childhood, connect themselves to a period or to a time they feel strongly about. Their collections help them ease insecurity and anxiety about losing a part of themselves and to keep the past to continue to exist in the present. Some collect for the thrill of the hunt.
What influences parents as they shop for toys?
The study found that parent toy purchase decision id derived by a set of factors which are purposes of using-related factors, emotional-related factors, informational-related factors, cost-related factors, children demographical-related factors and parental demographical-related factors.
How do supermarkets segment their markets?
The three key supermarket shopper segments identified are time-pressed convenience seekers, sophisticates, and middle Americans. In order to cater to a particular consumer niche, a store must better fulfill the store preferences of that segment.
Who is the target market for toys?
Families with young children are the main target market for the toy industry. Families like these search for quality products that can educate their children. The kids just want cool playthings to pacify their time.
What are the consumer trends in the supermarket industry?
Consumer trends in supermarket industry, such as healthy eating, plant-based foods, CBD popularity. The New Hope Network 2022 trends forecast reveals a shift from merely surviving today’s problems to creating…
How often do UK consumers shop from supermarkets?
In 2021, Statista’s Global Consumer Survey found that 87 percent of UK consumers regularly shopped for food and everyday products from supermarkets. Another study revealed that one-third of consumers visited supermarkets 2-3 times a week for their food shopping. For more than half of UK consumers, Tesco was the primary supermarket destination.
What consumer trends will we see in 2021?
Another significant consumer trend from 2020 that looks set to continue into 2021 and beyond is the growth of the “at home economy”.
How big is the retail market in the UK 2020?
In 2020, the market was valued at over 200 billion British pounds with supermarkets as the dominant store format. While supermarkets are expected to remain as the leading channel despite a declining market value, online is projected to become increasingly relevant .