Year to Date, Toy Sales Across Key Global Markets Grew by Almost 2 Percent, Reports NPD
Across the 13 international toy markets tracked by global information company The NPD Group, toy industry sales grew $409 million to $27.4 billion year to date, a 1.5 percent increase over the same time period last year (Jan.-Sept.).
PORT WASHINGTON, N.Y., Nov. 1, 2018 /PRNewswire-PRWeb/ -- Toy Sales Remain Strong Going Into the Holiday Season
Port Washington, NY, Nov. 1, 2018 – Across the 13 international toy markets* tracked by global information company The NPD Group, toy industry sales grew $409 million to $27.4 billion year to date, a 1.5 percent increase over the same time period last year (Jan.-Sept.).
The bulk of this growth can be attributed to sales in the Americas**, which is up 3.3 percent. Europe*** and Australia saw declines of 1.6 percent and 1.9 percent, respectively. Looking at supercategory sales performance across these 13 markets, the strongest dollar growth is coming from Dolls, which increased 14 percent to $3.84 billion; and the fastest growing supercategory is Youth Electronics, with a 16 percent increase reaching $528 million.
In Dolls, L.O.L. Surprise! continues to drive the majority of the international growth, with dollar growth for this top-performing MGA Entertainment property being more than five times the growth of the second best performing growth property. In Youth Electronics, Fingerlings is driving the majority of the international dollar growth, which is more than 10 times that of the second best-performing growth property.
"The enduring success of properties like L.O.L. Surprise! and Fingerlings is fueled in part by the continued interest in social media and unboxing videos, as well as the introduction of new items to stimulate consumer demand and pique the interest of consumers," said Frédérique Tutt, global toys industry analyst at The NPD Group. "Should L.O.L. Surprise! maintain strong sales through the end of the year, MGA Entertainment is likely to become the fourth largest manufacturer globally for the very first time."
Of the supercategories that did not perform well across the 13 international toy markets, the largest dollar decline came from Outdoor & Sports Toys, down 2.9 percent (-$158 million) while the fastest declining supercategory was Plush, down 5.4 percent (-$81 million).
Source: The NPD Group/ Retail Tracking Service, Dollar Sales Adjusted, January-September 2018
*NPD's Global Toys retail footprint covers Australia, Belgium, Brazil, Canada, France, Germany, Italy, Mexico, Netherlands, Russia, Spain, United Kingdom, and United States.
**Americas: United States, Canada, Mexico, Brazil
***Europe: Belgium, France, Germany, Italy, Netherlands, Russia, Spain, United Kingdom
About The NPD Group
NPD offers data, industry expertise, and prescriptive analytics to help our clients grow their businesses in a changing world. Over 2000 companies worldwide rely on us to help them measure, predict, and improve performance across all channels, including brick-and-mortar and e-commerce. We have offices in 27 cities worldwide, with operations spanning the Americas, Europe, and APAC. Practice areas include apparel, appliances, automotive, beauty, books, B2B technology, consumer technology, e-commerce, fashion accessories, food consumption, foodservice, footwear, home, juvenile products, media entertainment, mobile, office supplies, retail, sports, toys, travel retail, games, and watches / jewelry. For more information, visit npd.com and npdgroupblog.com. Follow us on Twitter: @npd_entertain
SOURCE NPD
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