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Game & Toy Manufacturing in Germany - Market Research Report (2015-2030)

Yuhua Tang Yuhua Tang Frankfurt, Germany Last Updated: June 2025 WZ C32.40DE

Revenue

€3.5bn

2025

€3.5bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

15,300

Businesses

649

Wages

€XXX.Xm

Game & Toy Manufacturing in Germany industry analysis

Between 2020 and 2025, toy manufacturing recorded an average annual decline in sales of 4.9%. This negative trend was primarily the result of increased competition from digital entertainment media such as electronic devices, video games and social platforms. Changes in the leisure behaviour of children and young people meant that traditional toys became increasingly less attractive. In addition, weak consumer sentiment, rising material costs and increased price pressure due to favourable imports, particularly in online retail, had a negative impact on industry development. In 2025, turnover is expected to fall by a further 3.9% to €3.5 billion. Innovations in licensed products and the growing market segment of adult toy buyers have opened up new potential. However, the market environment remains challenging, with margins remaining under pressure. The combination of ongoing price competition and high operating costs is forcing companies to improve their own efficiency and at the same time respond flexibly to increasing quality requirements and changing consumer preferences. < />While niche companies with target group-specific offerings are gaining in importance, start-ups and internet companies are providing innovative impetus with digitally networked toys. Many manufacturers are expanding their range to include digital, sustainable and licence-based products and investing in e-commerce. Innovative concepts, strict quality standards and a stronger brand presence, which also enable success in exports, are helping to open up new sources of revenue and strengthen international competitiveness. < />In the next five years, industry turnover is likely to grow moderately. The ongoing uncertainty surrounding international customs regulations and the strong pressure on margins mean that sales figures are expected to remain weak for the time being and only receive positive impetus again in the medium term. Between 2025 and 2030, average annual growth in industry sales of 0.8% is expected. This means that industry turnover is likely to rise to 3.6 billion euros by 2030. The toy industry will continue to be characterised by the growing importance of online retail, technological innovations and the focus on sustainable, high-quality products. In this dynamic market, innovation and adaptability remain key factors for sustainable success.

Trends and Insights

  • Sustainability is becoming increasingly important within the toy industry. Manufacturers are responding to growing environmental awareness and legal requirements by using sustainable materials and acquiring environmental certificates.
  • The US tariffs of 10% on German toys are likely to increase end prices and thus noticeably dampen demand on the US market. German exporters should expect a significant decline in their exports, as US customers are likely to increasingly switch to cheaper alternatives.
  • The centre region is attractive for industry players due to its good transport connections. Goods can be delivered quickly from there throughout Germany, and exports are also easy thanks to the good infrastructural connections.
  • Internal competition in the industry is extremely intense. Industry players are constantly launching new products on the market to attract customers. Successful products are relaunched or modernised to meet changing consumer preferences and consumption trends.
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has declined at a CAGR of 4.9 % over the past five years, to reach an estimated €3.5bn in 2025.

Trends and Insights

Kidults offer toy brands new sales opportunities

  • Kidults (made up of the English terms "kids" and "adults") are adults who buy toys traditionally intended for children for their own use. They represent the fastest growing customer segment in the toy sector and already account for 30% of global toy sales by 2025, according to a study by international management consultancy Simon-Kucher.
  • Additional trends and insights available with purchase
Game & Toy Manufacturing in Germany
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Toy manufacturers will increasingly incorporate digital functions into their products in future

  • Manufacturers are increasingly adding digital elements such as apps and augmented reality to classic toys in order to respond to the changing media usage behaviour of children and young people. Lego, for example, has launched "Lego Hidden Side", a product that combines physical building with interactive app content.

Biggest companies in the Game & Toy Manufacturing in Germany

Company
Market Share (%)
2025
Revenue (€m)
2025
Ravensburger AG
340.5
Horst Brandstätter Holding GmbH
236.2
Simba-Dickie-Group GmbH
183.7

To view the market share and analysis for all 7 top companies in this industry, view purchase options.

Products & Services Segmentation

Game & Toy Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Various small toys, Billiards and coin-operated games and Board games and puzzles. Various small toys is the largest segment of the Game & Toy Manufacturing in Germany.

Trends and Insights

Parents buy small toys made of well-tolerated materials to protect their children from harmful substances

  • This product group includes small toys such as music and model toys, educational games, plastic games, rattles and other toys for toddlers and babies.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry is concerned with the manufacture of dolls, toy figures, board games, puzzles, electronic games, fortune toys and other toys. The industry does not include the production of musical instruments, decorative and entertainment articles, video game electronics and the programming of video games.

What's included in this industry?

Products and services covered in the Game & Toy Manufacturing industry in Germany include Billiards and coin-operated games, Board games and puzzles, Electric locomotives and construction kits, Toy vehicles and Dolls.

Companies

Companies covered in the Game & Toy Manufacturing industry in Germany include Ravensburger AG, Horst Brandstätter Holding GmbH and Simba-Dickie-Group GmbH.

Purchase this report to view all 7 major companies in this industry.

Related Terms

Related terms covered in the Game & Toy Manufacturing industry in Germany include social game, billiard games, voice assistant, augmented reality, virtual reality and artificial intelligence.

Industry Code

WZ 2008

WZ 32.40 - Game & Toy Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Sustainability is becoming increasingly important within the toy industry. Manufacturers are responding to growing environmental awareness and legal requirements by using sus...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The US tariffs of 10% on German toys are likely to increase end prices and thus noticeably dampen demand on the US market. German exporters should expect a significant declin...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The centre region is attractive for industry players due to its good transport connections. Goods can be delivered quickly from there throughout Germany, and exports are also...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Internal competition in the industry is extremely intense. Industry players are constantly launching new products on the market to attract customers. Successful products are ...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Ravensburger AG is the largest player in the industry. The company is constantly working on the development of new, innovative games, often integrating digital aspects.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Ravensburger AG's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Horst Brandstätter Holding GmbH's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Simba-Dickie-Group GmbH's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 4 additional companies

Detailed analysis

  • Description and key data for Ravensburger AG, and factors influencing its performance in the industry
  • Description and key data for Horst Brandstätter Holding GmbH, and factors influencing its performance in the industry
  • Description and key data for Simba-Dickie-Group GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for 4 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The development of net household income has a significant influence on toy sales. With lower purchasing power, households significantly reduce their spending on non-essential...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The profit margin has recently fallen due to increasing price competition from cheap imports and rising labour costs. Manufacturers of high-quality, custom-made or personalis...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Game & Toy Manufacturing industry in Germany in 2025?

The market size of the Game & Toy Manufacturing industry in Germany is €3.5bn in 2025.

How many businesses are there in the Game & Toy Manufacturing industry in Germany in 2025?

There are 649 businesses in the Game & Toy Manufacturing industry in Germany, which has declined at a CAGR of 2.7 % between 2020 and 2025.

How may import tariffs affect the Game & Toy Manufacturing industry in Germany?

The Game & Toy Manufacturing industry in Germany is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.

How may export tariffs affect the Game & Toy Manufacturing industry in Germany?

The Game & Toy Manufacturing industry in Germany is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.

Has the Game & Toy Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Game & Toy Manufacturing industry in Germany has been declining at a CAGR of 4.9 % between 2020 and 2025.

What is the forecast growth of the Game & Toy Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Game & Toy Manufacturing industry in Germany is expected to grow.

What are the biggest companies in the Game & Toy Manufacturing industry in Germany?

The biggest companies operating in the Game & Toy Manufacturing industry in Germany are Ravensburger AG, Horst Brandstätter Holding GmbH and Simba-Dickie-Group GmbH

What does the Game & Toy Manufacturing industry in Germany include?

Billiards and coin-operated games and Board games and puzzles are part of the Game & Toy Manufacturing industry in Germany.

Which companies have the highest market share in the Game & Toy Manufacturing industry in Germany?

The company holding the most market share in the Game & Toy Manufacturing industry in Germany is Ravensburger AG.

How competitive is the Game & Toy Manufacturing industry in Germany?

The level of competition is high and increasing in the Game & Toy Manufacturing industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Complementors

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View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.

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