The forecast for closing inventories in the Doll, Toy, and Game Manufacturing sector in Canada predicts a steady growth from 2024 to 2028, with values rising from 67.04 million CAD in 2024 to 80.02 million CAD in 2028. This represents a consistent year-on-year increase. In 2023, inventories stood at approximately 64 million CAD, marking a clear upward trajectory in inventory levels. Over the last two years of the forecast, a year-on-year growth trend of around 4% is observed.
Future trends to watch for include potential impacts from technology integration in toy manufacturing, shifts in consumer preferences towards digital and educational toys, and supply chain efficiencies which could influence inventory levels. Additionally, monitoring economic indicators and policy changes that could affect manufacturing and distribution will be crucial.
