Toys & Hobby - Peru

  • Peru
  • In 2024, the Toys & Hobby market in Peru is projected to generate a revenue of US$1.3bn.
  • Over the period of 2024-2028, the market is expected to experience an annual growth rate of 4.76%, as measured by the Compound Annual Growth Rate (CAGR).
  • The largest segment in the Toys & Hobby market in Peru is the Sports Equipment segment, which is estimated to have a market volume of US$0.7bn in 2024.
  • When comparing the revenue generated in Peru to other countries globally, in China stands out as the top revenue generator with a revenue of US$68.5bn in 2024.
  • In terms of per capita revenue, in Peru generates US$37.96 per person in 2024.
  • Peru's growing middle class is driving demand for educational and STEM-focused toys, fueling the growth of the Toys & Hobby market.

Key regions: Europe, Worldwide, India, United Kingdom, United States

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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