The retail sale of games and toys in specialized stores in the UK is experiencing a steady upward trend with forecasted growth from 2024 to 2028. In 2023, the sector was valued at approximately 869.50 million pounds sterling. Year-on-year growth rates reflect a moderate increase: 1.7% in 2025, 1.7% in 2026, 1.6% in 2027, and 1.5% in 2028. The compound annual growth rate (CAGR) for 2024-2028 is projected at around 1.6%, indicating consistent demand in this sector.
Future trends to watch for include:
- Emerging technologies, such as augmented reality and interactive toys, influencing consumer preferences.
- Sustainability and eco-friendly products gaining popularity among environmentally conscious consumers.
- Impact of economic factors, such as inflation and consumer spending habits, on growth projections.
- Shifts in demographics and changing family structures affecting the types of products in demand.