Germany stands as the dominant player in European Toys and Games production with a value of 3.89 Billion Euros in 2024, exhibiting a modest growth of 1.69% in 2023. The Czech Republic follows with 1.04 Billion Euros and a stronger growth rate of 3.17%. The United Kingdom shows a slight decline with a production value of 0.7327 Billion Euros, down by -0.057%. Spain and Austria have values of 0.5626 and 0.5271 Billion Euros, respectively, with Austria experiencing a significant decline of -5.32%. Italy and France show minimal growth with values of 0.4994 and 0.3785 Billion Euros. Bulgaria and Poland perform notably well with double-digit growth rates, with Romania leading in percentage increase at 14.65%.
Key variations to note:
- Germany: +1.69%
- Czech Republic: +3.17%
- United Kingdom: -0.057%
- Spain: +0.94%
- Austria: -5.32%
- Italy: -0.008%
- France: +0.28%
- Bulgaria: +9.16%
- Poland: +5.84%
- Romania: +14.65%
- Sweden: +8.19%
- Portugal: +20.57%
- Lithuania: +19.38%
- Greece: -12.76%
Future trends to watch for include the continued growth in Eastern European countries such as Romania and Bulgaria, along with Portugal and Lithuania. These countries are showing strong year-on-year percentage increases, suggesting potential shifts or expansions in production capacities. Additionally, the decline in Austria's production value should be monitored to understand underlying causes and potential recovery strategies. Technological advancements and consumer preferences towards sustainable and innovative toys could also alter the production landscape significantly in the coming years.
Top countries in Toys and Games Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,890 | 2023 | +5.16% | +1.69% | View data |
| 2 | 2 Czech Republic | 1,040 | 2023 | +2.88% | +3.17% | View data |
| 3 | 3 United Kingdom | 732.7 | 2023 | +0.88% | -0.057% | View data |
| 4 | 4 Spain | 562.6 | 2023 | +5.2% | +0.94% | View data |
| 5 | 5 Austria | 527.1 | 2023 | +2.99% | -5.32% | View data |
| 6 | 6 Italy | 499.4 | 2023 | -2.65% | -0.008% | View data |
| 7 | 7 France | 378.5 | 2023 | +0.34% | +0.28% | View data |
| 8 | 8 Bulgaria | 355.8 | 2023 | +15.59% | +9.16% | View data |
| 9 | 9 Poland | 293.9 | 2023 | +4.59% | +5.84% | View data |
| 10 | 10 Hungary | 211.9 | 2023 | +3.21% | +4.6% | View data |
