Toy & Craft Supplies Wholesaling in Canada - Industry Market Research Report

Puzzling Future: Industry Revenue Will Likely Decline as the Market Becomes Increasingly Consolidated

The Canadian Toy and Craft Supplies Wholesaling industry has faced significant obstacles to success over the past five years. Traditional toy and craft supplies compete with online games and electronics, which have rapidly gained popularity. Despite overall economic growth, rising disposable income and expanding nonessential spending on toys and craft supplies, toy and craft wholesalers contended with setbacks prompted by COVID-19. Despite a robust economic recovery, revenue for Canada's Toy and Craft Supplies Wholesaling industry has shrunk at a CAGR of 1.6% over the past five years, falling to an estimated $1.4 billion in 2023. The Toy and Craft Supplies Wholesaling industry in Canada wholesales various toys and craft supplies, including dolls, games, fireworks, playing cards, model planes and arts supplies, excluding video games. Merchandise is largely sourced from domestic and international manufacturers and sold to retailers such as small toy and hobby stores, big-box merchandisers and discount department stores. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.