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Toy & Craft Supplies Wholesaling in the US - Market Research Report (2014-2029)

Alexia Moreno Zambrano Alexia Moreno Zambrano New York, United States Last Updated: September 2024 NAICS 42392

Revenue

$44.8bn

2024

$44.8bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

42,726

Businesses

9,867

Wages

$X.Xbn

Toy & Craft Supplies Wholesaling in the US industry analysis

The wholesale market for toy and craft supplies has grown in recent years. In 2020, stay-at-home orders and higher disposable income pushed consumers to take on new hobbies, including games and crafts, which many have stuck with. However, unfavorable macroeconomic conditions, including elevated inflation and weakening disposable income, caused revenue growth to slow down. Wholesalers rely heavily on the distribution of imported products, enabling them to appeal to an increasingly price-conscious market. During this time, consumers opted to buy more affordable, imported toys and craft materials, allowing demand for wholesalers to continue growing. These trends led to revenue expanding at an estimated CAGR of 1.7% to $44.8 billion through 2024, when revenue will climb an estimated 1.2%.

Trends and Insights

  • Economic bumps make toy sales wobbly. When economic conditions are tough, people tend to cut back on buying toys, seeing them as non-essential, slowing sales.
  • Video games are taking over. With consoles like the Nintendo Switch and PlayStation 5, game developers drive growth, making video games a dominant product line. However, direct download options threaten wholesalers' role in the supply chain.
  • Wholesalers are dependent on imports. By locating themselves in areas with easy access to ports, like the West, wholesalers can maintain better relationships with upstream and downstream companies.
  • Vertical integration gives wholesalers an edge. By adopting distribution capabilities and streamlining operations, vertically integrated manufacturers can reduce costs and offer lower prices, leaving smaller, privately owned wholesalers struggling to keep up.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $44.8bn in 2024.

Trends and Insights

Fluctuations in macroeconomic conditions impact sales

  • Many consumers consider toys and games to be discretionary purchases, pushing them to postpone or fully skip the purchase when macroeconomic conditions like disposable income and consumer confidence are unfavorable.
  • Additional trends and insights available with purchase
Toy & Craft Supplies Wholesaling in the US
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Improving macroeconomic factors will support growth

  • Improving macroeconomic conditions are set to support demand for toy and craft supply distributors over the upcoming years, as rising disposable income and growing consumer confidence support discretionary spending.

Biggest companies in the Toy & Craft Supplies Wholesaling in the US

Company
Market Share (%)
2024
Revenue ($m)
2024
Profit ($m)
2024
Profit Margin (%)
2024
Mattel Inc.
3,024.1
343.4
11.4
Hasbro, Inc.
2,507.6
469.7
18.7

To view the market share and analysis for all 2 top companies in this industry, view purchase options.

Products & Services Segmentation

Toy & Craft Supplies Wholesaling in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Traditional toys including children's vehicles, Video games and Hobby and craft supplies. Traditional toys including children's vehicles is the largest segment of the Toy & Craft Supplies Wholesaling in the US.

Trends and Insights

Video games are very popular among consumers

  • This segment includes gaming consoles, accessories and physical copies of video games.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry consists of wholesalers of toys and craft supplies, including fireworks, video games, playing cards and hobby goods. These products are purchased from domestic and international manufacturers and the merchandise is then sold to retailers, such as discount department stores, big-box stores and independent specialty toy stores.

What's included in this industry?

Wholesaling vehicle toys (not including bicycles)Wholesaling coloring booksWholesaling craft and model kitsWholesaling dollsWholesaling electronic gamesWholesaling fireworksWholesaling hobby suppliesWholesaling playing cardsWholesaling games and puzzles

Companies

Mattel Inc.Hasbro, Inc.

Purchase this report to view all 2 major companies in this industry.

Related Terms

TWEENSAGE COMPRESSIONVERTICAL INTEGRATIONBABY BOOMERSBIG-BOX STOREOFFSHORINGOUTSOURCING

Industry Code

NAICS 2017

NAICS 42392 - Toy & Craft Supplies Wholesaling in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Economic bumps make toy sales wobbly. When economic conditions are tough, people tend to cut back on buying toys, seeing them as non-essential, slowing sales.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Video games are taking over. With consoles like the Nintendo Switch and PlayStation 5, game developers drive growth, making video games a dominant product line. However, dire...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Wholesalers are dependent on imports. By locating themselves in areas with easy access to ports, like the West, wholesalers can maintain better relationships with upstream an...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each state in 2024
  • Number and share of revenue each state accounts for in 2024
  • Number and share of wages each state accounts for in 2024
  • Number and share of employees in each state in 2024

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Vertical integration gives wholesalers an edge. By adopting distribution capabilities and streamlining operations, vertically integrated manufacturers can reduce costs and of...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Mattel's toy business strategies have been effective. By expanding its IP-driven portfolio and optimizing operations, the company has maintained competitiveness and adapted t...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Mattel Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Hasbro, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for Mattel Inc., and factors influencing its performance in the industry
  • Description and key data for Hasbro, Inc., and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Rising imports create opportunities for wholesalers. Higher import penetration means more toys and craft items need efficient distribution, making wholesalers highly relevant...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Rising operating costs and vertical integration trends are squeezing profit. Higher wages and growing competition from vertically integrated producers have pushed retailers t...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2017-2022)
  • Industry Tax Structure (2017-2022)
  • Income Statement (2017-2022)
  • Balance Sheet (2017-2022)
  • Liquidity Ratios (2017-2022)
  • Coverage Ratios (2017-2022)
  • Leverage Ratios  (2017-2022)
  • Operating Ratios (2017-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Toy & Craft Supplies Wholesaling in the US industry in United States in 2024?

The market size of the Toy & Craft Supplies Wholesaling in the US industry in United States is $44.8bn in 2024.

How many businesses are there in the Toy & Craft Supplies Wholesaling in the US industry in 2024?

There are 9,867 businesses in the Toy & Craft Supplies Wholesaling in the US industry in United States, which has grown at a CAGR of 0.6 % between 2019 and 2024.

Has the Toy & Craft Supplies Wholesaling in the US industry in United States grown or declined over the past 5 years?

The market size of the Toy & Craft Supplies Wholesaling in the US industry in United States has been growing at a CAGR of 1.7 % between 2019 and 2024.

What is the forecast growth of the Toy & Craft Supplies Wholesaling in the US industry in United States over the next 5 years?

Over the next five years, the Toy & Craft Supplies Wholesaling in the US industry in United States is expected to grow.

What are the biggest companies in the Toy & Craft Supplies Wholesaling in the US market in United States?

The biggest companies operating in the Toy & Craft Supplies Wholesaling market in United States are Mattel Inc. and Hasbro, Inc.

What does the Toy & Craft Supplies Wholesaling in the US in United States include?

Wholesaling vehicle toys (not including bicycles) and Wholesaling coloring books are part of the Toy & Craft Supplies Wholesaling in the US industry.

Which companies have the highest market share in the Toy & Craft Supplies Wholesaling in the US in United States?

The company holding the most market share in United States is Mattel Inc..

How competitive is the Toy & Craft Supplies Wholesaling in the US industry in United States?

The level of competition is high and increasing in the Toy & Craft Supplies Wholesaling in the US industry in United States.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Sporting Goods Wholesaling in the US

Complementors

  • Toy, Doll & Game Manufacturing in the US
  • Art & Office Supply Manufacturing in the US
  • Hobby & Toy Stores in the US

International industries

  • Toy & Craft Supplies Wholesaling in Canada
  • Toy and Sporting Goods Wholesaling in Australia
  • Toy and Sporting Goods Wholesaling in New Zealand

View all industries in United States

Methodology

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IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the US include: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

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