Forecast: Employment in Manufacture of Games and Toys Sector in Spain

The employment trend in the Manufacture of Games and Toys sector in Spain between 2013 and 2023 shows fluctuations but an overall decline. Employment peaked in 2018 and 2019 at 3.02 thousand FTEs before experiencing a downtrend. In 2023, the employment stood at 2.77 thousand FTEs, declining by 1.28% from the previous year, and the 5-year CAGR was -1.69%. Forecasts indicate a continuing decline through 2028, with a projected 5-year CAGR of -0.87% and total employment dropping to 2.62 thousand FTEs.

Future trends to watch for include advancements in digital and online gaming impacting traditional toy manufacturing, potential shifts to sustainable and eco-friendly production processes, and possible resurgence due to nostalgia-driven toy purchases or innovations within the sector.

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