JavaScript Disabled. For a better experience on this website please enable JavaScript in your browser.

Toy Industry on Pace for Biggest Growth Since 1999

Author:   GPI  
Published:  July 26, 2016

According to data from The NPD Group Toy, revenues in the toy industry rose 7.5 percent ,during the first half of 2016. Market data firms expect the sales to increase approximately 7% to nearly 21 billion by the end of the year! The largest boost to the industry's sales through June stemmed from the outdoor and sports toys subcategory, where growth nearly doubled to account for one-third of the overall increase. This staggering increase would be the biggest growth for the industry since 1999. 

"Toys with movie tie-ins will continue to contribute to the increase," said Juli Lennett, senior vice president and U.S. toys industry analyst at NPD. Sales of"Star Wars" toys, in 

particular, rose nearly 200 percent through June,accounting for $300 million.

Shares of Mattel and Hasbro are each up roughly 20 percent year-to-date, and Jakks Pacific stock is nearly 16 percent higher.

 

For more information click here

Article Tags
Share
Archive
Slide in from the right!

Anything can go in a slide panel

We can use as many as we like too for any number of things...

  • Donation Callout
  • Menus
  • Just Because!

You can even trigger another slide panel like inside of one!

Slide In From Left
Slide in from the left!

Anything can go in a slide panel

We can use as many as we like too for any number of things...

  • Donation Callout
  • Menus
  • Just Because!

You can even trigger another slide panel like inside of one!

Slide In From Right