Forecast: Turnover in Manufacture of Games and Toys Sector in Finland

The turnover in Finland’s Manufacture of Games and Toys sector witnessed substantial growth from 2013 to 2016, highlighted by a dramatic increase in 2015 and 2016. However, from 2017 to 2019, the growth plateaued, marked by minor fluctuations. Years 2020 through 2023 showed consistent growth, with the value standing at 34.7 Million Euros in 2023.

The year-on-year variation over the last two years, from 2022 to 2023, was 3.58%. Notably, the compound annual growth rate (CAGR) over the past five years, up to 2023, was 3.65%.

Looking ahead, the forecasted data from 2024 to 2028 suggests a steady upward trend, with a projected CAGR of 2.37%, indicating a continuous although more moderate growth trajectory.

Future trends to watch for include:

  • Technological advancements in toy manufacturing which might further drive innovation.
  • Potential shifts in consumer preferences towards educational and eco-friendly toys.
  • Impacts of global supply chain disruptions on manufacturing and turnover.

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