The number of persons employed in the Toys and Games sector in Austria grew from 1.8 thousand in 2013 to an estimated 2.24 thousand in 2023. Between these years, the employment figures showed periods of growth and decline, with notable increases in 2014 (5.84%) and 2018 (23.59%). However, there were also years of contraction, such as 2015 (-2.52%) and 2019 (-4.07%). The employment figure stabilized from 2020, maintaining at approximately 2.24 thousand through to 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years ending in 2023 was -0.81%.
Looking ahead, the forecast indicates a gradual increase in employment, reaching 2.26 thousand by 2028, with a 5-year CAGR of 0.08%. The sector is expected to experience a modest growth rate of 0.4% over this period, reinforcing its stable yet slightly upward trajectory.
Future trends to watch for include the potential impact of technological advancements on the manufacturing and distribution of toys and games, shifts in consumer preferences towards digital gaming, and the effects of global economic conditions on consumer spending in this sector.
