Toy and Hobby Stores Consolidate to Compete
As companies fight for business and to hold onto market share, industry concentration has been on the rise.By IBISWorld Industry Analyst Justin Waterman
The increasingly saturated Hobby and Toy Stores industry (IBISWorld report 45112) has been a game changer for many industry operators. In this highly competitive environment, companies have scrambled to gain market share and diversify their product selections. Companies that have been unable to cope with heightened competition, volatile plastic prices and rising purchase costs,
