The turnover in Brazil's games and toys manufacturing sector is forecasted to grow moderately from 2.15 billion Brazilian Reals in 2024 to 2.27 billion in 2028. Compared to the actual turnover in 2023, which stood at approximately 2.12 billion, this represents a steady annual growth rate. The year-on-year growth rates, while gradual, indicate consistent expansion throughout the period with an expected CAGR of roughly 1.8% over the five years from 2024 to 2028.
Future trends to watch for in the Brazilian games and toys sector include:
- Increasing consumer demand for innovative and educational toys.
- Potential impacts of e-commerce and digital transformation on sales channels.
- Fluctuations in material costs and supply chain dynamics impacting production.
- Regulatory changes affecting importing and manufacturing processes.
