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Traditional Toys and Games in the US

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    Report

  • 23 Pages
  • June 2025
  • Region: United States
  • Euromonitor International
  • ID: 2306193
In 2024, traditional toys and games in the US saw a slight current value decline, although this was an improvement from the growth rate the previous year. Media releases and cross-generational appeal influenced brand performance, particularly in action figures and accessories, and construction. Retail e-commerce grew, although omnichannel strategies became more important, as physical stores remained relevant.

The Traditional Toys and Games in USA report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Action Figures and Accessories, Arts and Crafts, Baby and Infant, Construction, Dolls and Accessories, Dress-Up and Role Play, Games and Puzzles, Model Vehicles, Other Traditional Toys and Games, Outdoor and Sports, Plush, Pre-School, Remote Control Toys, Ride-On Vehicles, Scientific/Educational.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Traditional Toys and Games market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Traditional toys witnessed decline due to inflation, digital shift, and cautious spending
  • CHART 1 Key Trends 2024
INDUSTRY PERFORMANCE
  • Lego expands its product line-up to appeal to a wider age group, driving growth for construction
  • CHART 2 Analyst Insight
  • WHAT’S NEXT?
  • Construction set to lead gains in toys and games
  • Media, education policy, and e-commerce shape toys and games
  • MagicCon shows community engagement can boost the success of toy brands
COMPETITIVE LANDSCAPE
  • Mattel leads rivals through Hot Wheels, and Fisher-Price revamp
  • Spin Master expands its offering of pre-school toys with Melissa & Doug acquisition and Ms. Rachel partnership
  • Hasbro and Mattel collaborate to reinvigorate Barbie with Play-Doh range
  • Mattel partners with Formula 1 to boost the Hot Wheels brand
  • CHART 3 Hot Wheels Launches Exclusive F1 Car for Cross-Generational Fans in 2024
  • Fisher-Price and Hasbro leverage nostalgia to reinvigorate core brands
  • Radio Flyer and Bandai focus on toys related to media releases
  • CHART 4 Radio Flyer Expands into Animation with New Storytelling Division
CHANNELS
  • Retail e-commerce grows as consumers seek more competitive prices
  • Mattel leverages brands to create experiential theme park venture
  • Amazon and manufacturer loyalty programmes boost direct-to-consumer online purchases
  • Traditional toys and games companies will need to adopt an omnichannel strategy
COUNTRY REPORTS DISCLAIMER
  • CHART 5 Key Trends 2024
  • CHART 6 Final Fantasy VII Rebirth: Critically Acclaimed 2024 Sequel Expands Iconic RPG Trilogy
  • CHART 7 Analyst Insight
  • CHART 8 Fisher-Price Wood Combines Sustainability and Nostalgia with New FSC-Certified Toys
  • CHART 9 Real GDP Growth and Inflation 2019-2029
  • CHART 10 PEST Analysis in the US 2024
  • CHART 11 Key Insights on Consumers in the US 2024
  • CHART 12 Consumer Landscape in the US 2024
TOYS AND GAMES IN THE US
EXECUTIVE SUMMARY
  • Growth driven by kidults, tech innovations and rising cloud gaming
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
  • After decline for toys and games in 2023, video games drives growth in 2024
  • Success of Final Fantasy VII Rebirth and Lego exemplifies growth of the kidult trend
  • PlayStation pushes cloud gaming via PS Portal and subscription services
  • WHAT’S NEXT?
  • Video games to lead growth in toys and games
  • Core brands and media-related releases set to impact the trajectory of toys and games
  • Community, legacy and innovation set to contribute to growth
COMPETITIVE LANDSCAPE
  • Fisher-Price is revitalised and Lego maintains growth in a fragmented landscape
  • Spin Master acquires Melissa & Doug amidst pre-school market challenges
  • Fisher-Price and Hasbro reinvigorate core brands amid consumer caution
  • Microsoft’s change of strategy in response to falling sales
CHANNELS
  • E-commerce boom driven by video games software and competitive pricing strategies
  • Physical retail also remains important, with omnichannel retailing prevalent
  • Mattel set to open its first theme park, also expanding its retail presence
ECONOMIC CONTEXTCONSUMER CONTEXTCOUNTRY REPORTS DISCLAIMER
SOURCES
  • Summary 1 Research Sources