Global Toy Sales Declined by 2 Percent in 2018, Reports The NPD Group

Toy industry sales decreased by 2 percent* in 2018 across the 13 global markets (G13)** tracked by The NPD Group, a leading global information company. Similar to last year's reporting, toy sales in the United States, the world's largest toy market, matched the world's collective performance (-2 percent). Mexico, Russia, and Brazil saw growth while the United Kingdom, Australia, Spain and France experienced declines. Read related news here.

Category Highlights

Dolls, Action Figures & Accessories, and Youth Electronics experienced respective growth of 9 percent, 8 percent, and 1 percent, while sales of Arts & Crafts were flat. Of the remaining supercategories tracked by NPD, Plush and Vehicles saw the largest declines. Continue reading.

"Several factors added up to a smaller share of wallet for traditional toys in 2018, including a shrinking retail footprint and the increasing demand for video games," said Frédérique Tutt, Global Toys Industry Analyst at The NPD Group. "While it isn't business as usual for toys, 2019 sounds promising thanks to a wide range of kid-friendly movies, which often helps to drive toys sales, as well as old, favorite toy brands that are either celebrating milestone birthdays or attempting to make a comeback."

Looking at the top five selling toy properties across the G13 in 2018, L.O.L. Surprise! was the largest property overall, holding first position in six out of 13 global markets followed by Barbie, Marvel Universe, Nerf, and Star Wars.

"In 2018, many manufacturers demonstrated their resilience in what could easily be described as a tumultuous market, with two rising to the top to win NPD's annual awards for excellence in sales," continued Tutt. "The winners of 2018's Global (G13) Toy Industry Awards are Mattel for the #1 Manufacturer, as well as MGA Entertainment for #1 Property, L.O.L. Surprise!, and for the #1 Selling Toy, L.O.L. Surprise! Doll Assortment."

Click here to read the latest news.:

https://jessicapressreleases.blogspot.com/2018/05/sago-mini-launches-worlds-first-pillow.html

*Source: The NPD Group / Retail Tracking Service, January-December 2018
**NPD's Global Toys footprint covers Australia, Belgium, Brazil, Canada, France, Germany, Italy, Mexico, Netherlands, Russia, Spain, United Kingdom, and United States.

About The NPD Group, Inc.
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: @npdgroup @npd_entertain

.

© Copy Right 2019 Jessica Brown's Press Releases.

All information are taken from the news source. We do not promise anything nor take any responsibility for anything the news owner claim. We just share the news as is. You can contact news owner directly in the message for more information.