Tue Sep 12, 2017 12:47pm EST
Import Substitution Will Continue to Suppress Domestic Toy Production
Freedonia Group logo (PRNewsFoto/The Freedonia Group)
Freedonia Group logo (PRNewsFoto/The Freedonia Group)

CLEVELAND, Sept. 12, 2017 /PRNewswire/ -- US toy and game shipments are forecast to fall to $1.1 billion in 2021, according to Toys & Games: United States, a report recently released by Freedonia Focus Reports. Competition from imports, which already meet the vast majority of US demand, will drive shipments to retreat.

More information about the report is available at https://www.freedoniafocusreports.com/Toys-Games-United-States-FF90021/ https://www.freedoniafocusreports.com/Power-Transmission-Components-United-States-FF70010/

US demand for toys and games is forecast to expand 2.3% annually through 2021. Expansion of the population aged 35-44, which contains those most likely to have – and buy toys for – children, will drive gains.

These and other key insights are featured in Toys & Games: United States. This report forecasts US toy and game shipments and demand in US dollars at the manufacturers' level to 2021. Total shipments are segmented by product in terms of:

  • electronic
  • board games and puzzles
  • models and kits
  • children's vehicles and doll carriages
  • dolls and stuffed toys
  • other products such as balls, dart games, and toy furniture

To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.

About Freedonia Focus Reports

Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:

  • total historical market size and industry output
  • segmentation by products and markets
  • identification of market drivers, constraints, and key indicators
  • segment-by-segment outlook in five-year forecasts
  • a survey of the supply base
  • suggested resources for further study

Press Contact:
Corinne Gangloff
+1 440.684.9600

View original content with multimedia:http://www.prnewswire.com/news-releases/us-toy--game-shipments-expected-to-total-11-billion-in-2021-300518102.html

SOURCE The Freedonia Group

Related Articles