Industry Analysis & Industry Trends
Over the past five years, UK toy retailers have been influenced by a number of factors, including increasing competition, fluctuations in disposable income and consumer confidence levels and trends in the proportion of the UK population aged 10 years and under. Following four years of falling revenue, the industry returned to growth in 2014-15. Industry revenue is expected to increase at a compound annual rate of 1% to £1.6 billion over the five years through 2016-17. An increase of 1.6% is forecast in the current year as retailers continue to perform well despite economic headwinds due to the fallout from the EU referendum result... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Toy Retailing in the United Kingdom displays several features common to industries in the mature stages of their life cycles. The industry has a well-defined and largely saturated product market, although some select product areas, such as electronic and interactive goods, are expected to grow. The UK toy market remains an attractive prospect relative to smaller toy markets across Europe and new companies are still entering the market. For example, Smyths, the Irish toy retail chain, moved into the UK market in 2007 and has since established 77 locations in the United Kingdom.
Industry value added, a measure of the industry's contribution to the wider economy, is expected to increase at a compound annual rate of 2.2% over the decade through 2021-22. Compared with the 2.3% g.. purchase to read more