Wednesday to Sunday!
31 Jan – 4 Feb 2018
All other European countries experienced declines in the first half, though combined sales in Europe were positive, up 1%. Europe was the first region hit by Covid-19 and was strongly impacted by store closures as close to one-third of the retail business in Europe relies on the toy speciality channel. And as the epicentre of the pandemic moved across the globe, the LATAM market continued to record negative performance.
Easing of lockdown measures in Europe started in early May, and, as a result, May and June experienced respective sales increases of 9% and 11%. In the US, first half toy sales were more resilient thanks in large part to the strength of the online channel in the country. The US toy industry experienced double-digit monthly growth from March through June, despite lockdown restrictions.
Similar to what was experienced in the first quarter of the year, consumers continued to turn to Games and Puzzles more than any other supercategory, making it the best performing supercategory in the G12 for the first half (37%). Four other supercategories recorded growth: Outdoor & Sports Toys (27%), Building Sets (14%), Arts & Crafts (11%), and Explorative & Other Toys (1%).