South Africa Toys and Games Manufacture and Retail Industry Report, with Profiles of 25 Companies Including Prima Toys, Toy Kingdom, Amic Trading, Free Lives, Nyamakop and Sea Monster

DUBLIN, Feb. 9, 2024 /PRNewswire/ — The “Manufacture and Retail of Toys and Games in South Africa 2023″ report has been added to  ResearchAndMarkets.com’s offering.

South Africa’s traditional toys market is dominated by international players such as Hasbro and Mattel. With the exception of handmade toys that are locally manufactured, the industry is dominated by imported plastic products, mainly from China.

Declining disposable income is putting pressure on retail sales, although toy and game revenue continues to increase steadily. Globally, demand for toys has slowed. Although overall toy sales have declined, digital gaming growth remains strong.

Key Opportunities

Eco-friendly productsExpansion into emerging marketsNew product development.The South African video games segment, which is small, is made up of a few local companies that mainly focus on premium games for niche markets in the United States and Europe.

Challenges

Changing consumer preferences and the rapid growth of digital gaming devices can limit demand for traditional toys.Competition from global and local players.Global economic uncertainty and a poor local economy can affect sales due to reduced consumer spending on discretionary items like toys.Rising input costs.

Trends

Growth through increased kidult spendingIncreasing popularity of educational toys

Outlook

Toy companies are expected to continue adapting to changing trends such as growing demand for educational toys. Global toys and games revenue is expected to be driven by higher disposable income in developing countries and population growth. Merchandising opportunities and partnerships are important growth factors for toy companies. There are opportunities for local gaming studios to attract international publishing deals. Sub-Saharan Africa’s mobile player audience is projected to be the fastest-growing globally.

Report Coverage

This report on the manufacture and retail of toys and games in South Africa includes information on the state of the industry, local manufacture of toys and local production of video games and other gaming content and services, notable players, trends, imports, enterprise development and competition.

There are profiles of 25 companies including the main local distributor Prima Toys and retailers such as Toy Kingdom, Amic Trading (Toys R Us). Gaming developer profiles include Free Lives, Nyamakop and Sea Monster .

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry

3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Trade
3.6. Corporate Actions
3.7. Regulations
3.8. Enterprise Development and Social Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. COVID-19
6.2. Economic Environment
6.3. Input Costs
6.4. Labour
6.5. Environmental Issues
6.6. Technology, R&D, Innovation

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

8. INDUSTRY SUMMARY

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

COMPANY PROFILES

Africars for Keeps (Pty) LtdAMIC Trading (Pty) LtdAntares Holding (Pty) LtdB T Games (Pty) LtdBalisti Studios (Pty) LtdColour Me (Pty) LtdFairy Tales Boutiques (Pty) LtdFormula D (Pty) LtdFree Lives (Pty) LtdFuzzy Logic (Pty) LtdGlobal Toys (Pty) LtdGreat Yellow Brick (Pty) Ltd (The)JB Furniture Manufacturers CCK MartinMelbro Retail (Pty) LtdMykatrade 75 CCNyamakop Games (Pty) LtdPegasus Toys CCPrima Toy and Leisure Trading (Pty) LtdQCF Design (Pty) LtdScientastic Inventions CCSea Monster Entertainment (Pty) LtdSolarpop Distribution (Pty) LtdT LombardToy Kingdom (Pty) Ltd

For more information about this report visit https://www.researchandmarkets.com/r/6vzf2y

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