Mattel global revenue by segment from 2010 to 2023
How does Mattel compare to other toy manufacturers?
In 2022, Mattel had the fourth highest revenue of all major toy companies worldwide. That year, Bandai Namco was the second-largest major toy manufacturer generating over seven billion U.S. dollars in revenue. In addition to being a toy company, Bandai Namco is a Japanese video game developer and publisher, known for producing popular games such as Tekken, Pac-Man, Dark Souls, and games of the Dragon Ball franchise. The highest-earning toy manufacturer, however, was LEGO, a Danish plastic brick toy company that has spawned video games, movie franchises, and an amusement park known as Legoland.Over the years, Mattel has decreased its global advertising expenditure considerably, from around 750 million U.S. dollars in 2013 annually to roughly 500 to 550 million in the last six years. Still, Mattel produces some of the most popular and well-known toy brands in the world, such as Barbie and Hot Wheels. Both have enjoyed increasing sales figures in the past few years.