Toys & Hobby - Australia

  • Australia
  • In Australia, the revenue generated in the Toys & Hobby market amounted to €4bn in 2024.
  • It is projected that the market will experience an annual growth rate of 3.00% (CAGR 2024-2028).
  • Within this market, the largest segment is Sports Equipment, which had a market volume of €2bn in 2024.
  • When compared globally, in China generates the highest revenue in the Toys & Hobby market, reaching €64bn in 2024.
  • Considering the total population figures, it can be noted that in 2024, per person revenues amount to €137.10 in Australia.
  • The toy and hobby market in Australia is experiencing a surge in demand for eco-friendly and sustainable toys, reflecting the country's growing focus on environmental consciousness.

Key regions: Europe, Worldwide, India, United Kingdom, United States

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Visión general

  • Revenue
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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