Market Insights Consumer Toys & Hobby Toys & Games

Dolls & Stuffed Toys - Republic of the Congo

Republic of the Congo

In 2024, the Dolls & Stuffed Toys market in the Republic of the Congo is projected to generate a revenue of US$3.6m.
It is anticipated that this market will experience an annual growth rate of 2.74%, as calculated by the compound annual growth rate (CAGR) from 2024 to 2028.
When compared on a global scale, in the United States leads in revenue generation, expecting to reach US$6,655.0m in 2024.
Interestingly, in terms of per capita figures, each person in the Republic of the Congo is estimated to contribute US$0.58 in revenue to the Dolls & Stuffed Toys market in 2024.
The Republic of the Congo has seen a surge in demand for traditional African dolls, reflecting a growing interest in preserving cultural heritage.

Key regions: China, Europe, Germany, United Kingdom, Indonesia

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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.