Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United Kingdom Toys Market Size

The United Kingdom toys market reached a value of approximately USD 3.91 billion in 2023. The market is projected to grow at a CAGR of 4.0% between 2024 and 2032, reaching a value of around USD 5.56 billion by 2032.

 

United Kingdom Toys Market Report Summary Description Value
Base Year USD Billion 2023
Historical period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 3.9
Market Size 2032 USD Billion 5.6
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.0%
CAGR 2024-2032 - Market by Region Scotland 4.4%
CAGR 2024-2032 - Market by Region Wales 4.2%
CAGR 2024-2032 - Market by Age Group Up to 5 Years 4.5%
CAGR 2024-2032 - Market by Distribution Channel Online 5.6%
Market Share by Region England XX%

 

United Kingdom Toys Market Outlook

  • Scotland and Northern Ireland are expected to grow at a CAGR of 4.4% and 3.6% over the forecast period of 2024 and 2032.
  • As per industry reports, in 2024, toys, games, and sports from the United Kingdom were majorly exported to the Netherlands, France, the United States, Ireland, and Germany.
  • In May 2024, Toys R Us announced the opening of new shops in 17 locations in partnership with WH Smith Stores in the United Kingdom.

 

United Kingdom Toys Market Report Snapshots

United Kingdom Toys Market Size

United Kingdom Toys Market Growth

United Kingdom Toys Market Share

United Kingdom Toys Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 3.91 billion.

The market is estimated to grow at a CAGR of 4.0% between 2024 and 2032.

The United Kingdom toys market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of USD 5.56 billion by 2032.

The major drivers are rising disposable income, increasing focus on child development, and sustainability concerns, among others.

The key trends of the toys market in the United Kingdom include the emergence of smart toys, subscription boxes, and licensed toys, among others.

Based on age group, the market is mainly divided into up to 5 years, between 5 to 10 years, and above 10 years.

Based on distribution channels, the market is segmented into supermarkets and hypermarkets, specialty stores, and online, among others.

The key players in the market are Mattel, Inc., Hasbro, Inc., LEGO System A/S, Orchard Toys Ltd., Simba Dickie Group, Moose Toys Ltd., Spin Master Ltd., Tomy Co. Ltd., Hornby Hobbies Limited, Brazier & Co. Ltd., among others.

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