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Toys and Games in Mexico

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    Report

  • 29 Pages
  • July 2025
  • Region: Mexico
  • Euromonitor International
  • ID: 5920958
In 2024, toys and games saw dynamic value growth in Mexico. Although video games was the main growth driver, traditional toys and games also saw a solid increase. A notable trend was the rise of the kidult demographic, especially in traditional toys and games. Meanwhile, video games continued to be reshaped by subscription models and cloud gaming. E-commerce became a more significant sales channel, and there was a slight decrease in concentration in the competitive landscape.

The Toys and Games in Mexico 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: Traditional Toys and Games, Video Games.

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

Why buy this report?

  • Get a detailed picture of the 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

EXECUTIVE SUMMARY
  • Dynamism driven by the kidult trend, subscriptions, and cloud gaming
KEY DATA FINDINGS
  • CHART 1 Key Trends 2024
INDUSTRY PERFORMANCE
  • Video games drives growth and remains the largest category
  • Kidults is an increasingly important consumer group
  • CHART 2 Analyst Insight
  • Nintendo adjusts its pricing strategy to boost Switch Online subscriptions in 2024
  • WHAT’S NEXT?
  • Video games set to lead value growth, although traditional toys and games will also perform well
  • Cloud gaming and subscription models set to reshape toys and games
  • Gaming headsets expected to gain popularity
  • Kidults likely to shape growth in traditional toys and games
  • Retail e-commerce set to maintain its rising trend
COMPETITIVE LANDSCAPE
  • Mattel and Hasbro face challenges, but Microsoft extends its lead
  • Fortnite's popularity boosted by character features and server expansion
  • CHART 3 Epic Games Partnered with Telefónica
  • Mattel to launch Formula One Hot Wheels collection targeted towards kidults
CHANNELS
  • Retail e-commerce maintains its lead and sees the highest growth
  • Improvements to company operations boost sales of toys and games via retail e-commerce
  • Erosion of offline share, but bricks-and-mortar outlets remain important
ECONOMIC CONTEXT
  • CHART 4 Real GDP Growth and Inflation 2019-2029
  • CHART 5 PEST Analysis in Mexico 2024
CONSUMER CONTEXT
  • CHART 6 Key Insights on Consumers in Mexico 2024
  • CHART 7 Consumer Landscape in Mexico 2024
COUNTRY REPORTS DISCLAIMER
SOURCES
  • Summary 1 Research Sources
TRADITIONAL TOYS AND GAMES IN MEXICOKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Kidult trend drives growth, while the rise of retail e-commerce impacts distribution
  • CHART 8 Key Trends 2024
INDUSTRY PERFORMANCE
  • Hot Wheels drives growth in model vehicles, driven by the popularity of Formula 1
  • CHART 9 Analyst Insight
  • Labubu plush craze driven by adult collectors and social media influence
  • CHART 10 Labubu Leads the Way: How Kidults Are Powering Plush Toy Sales in Mexico
  • Injusa targets consumers with premium ride-on vehicles which integrate technology
  • CHART 11 Labubu Leads the Way: How Kidults Are Powering Plush Toy Sales in Mexico
  • WHAT’S NEXT?
  • The largest category, dolls and accessories, is anticipated to expand in the forecast period
  • Competing with video games through the integration of technology
  • Games and puzzles set to perform well, with investments in products and distribution
  • Company investment in different areas likely to contribute to growth
  • McDonald's Pokémon promotion to boost demand for the brand
COMPETITIVE LANDSCAPE
  • Prinsel's new toys gain traction amidst shifts in share
  • Major brands sustain sales using licences and retail positioning
  • Mattel’s Hot Wheels set to launch a Formula 1 collection targeting kidults
CHANNELS
  • Hypermarkets continues to lead the distribution of traditional toys and games
  • Retail e-commerce sees the strongest increase, as online players invest in improvements
  • Retail e-commerce set to reshape traditional toys and games
COUNTRY REPORTS DISCLAIMERVIDEO GAMES IN MEXICOKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Video games software drives growth, with subscriptions an important trend
  • CHART 12 Key Trends 2024
INDUSTRY PERFORMANCE
  • Video games software leads growth amidst platform evolution and promotions
  • CHART 13 Analyst Insight
  • Xbox Cloud Gaming and Amazon collaboration expands the reach of cloud gaming
CHART 14 Xbox Cloud Gaming Reaches Amazon Fire TV
  • Final Fantasy leverages nostalgia to engage kidult gamers, while also engaging a younger audience
  • CHART 15 Final Fantasy and the Power of Nostalgia in Modern Gaming
  • Shift towards subscription models for video games
  • WHAT’S NEXT?
  • Video games software set to drive growth over the forecast period
  • Infrastructure improvements and high smartphone penetration will drive growth for mobile games
  • Cloud gaming and subscriptions will capture consumers’ interest, but computer games will also remain popular
  • Gaming headsets expected to be the most dynamic in video games hardware
  • CHART 16 Nintendo Levels Up: Subscription Pricing Tied to Console
COMPETITIVE LANDSCAPE
  • Major games studios maintain leadership through user retention strategies and price rises
  • Epic Games experiences growth through expanded content offerings
  • Google funds indie studios to foster growth
  • Square Enix targets kidults with nostalgia
CHANNELS
  • Retail e-commerce extends its leading share as cloud gaming rises
  • Offline sales remain relevant for games for older consoles, and video games hardware
  • COUNTRY REPORTS DISCLAIMER