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Toy & Craft Supplies Wholesaling in Canada - Market Research Report (2014-2029)

Alexia Moreno Zambrano Alexia Moreno Zambrano New York, United States Last Updated: August 2024 NAICS 41446CA

Revenue

$1.4bn

2024

$1.4bn

Past 5-Year Growth

Profit

$XX.Xm

Employees

1,955

Businesses

563

Wages

$XXX.Xm

Toy & Craft Supplies Wholesaling in Canada industry analysis

Canadian toy and craft supplies wholesalers have faced significant obstacles to success over the past five years. Wholesalers benefited from higher disposable income in recent years as consumers expanded nonessential spending, boosting demand for toys and crafts. Traditional toy and craft supplies compete with online games and electronics, which have rapidly gained popularity, particularly as consumers are exposed to these technologies from a younger age. Still, wholesalers' revenue growth has been hampered by direct-to-consumer manufacturers' external competition and shifting consumer preferences, including higher demand for high-end electronic goods. These trends have resulted in revenue growing at an estimated CAGR of 2.9% to $1.5 billion through the end of 2024, including a 1.6% jump that year alone.
Wholesalers have been leveraging foreign manufacturers and distributing imported products across the country to become more competitive, allowing distributors to benefit from the cost advantages international producers have. A strong Canadian dollar, which makes imported products comparatively more affordable for domestic buyers, enables wholesalers to become more competitive despite prominent wholesale bypass trends.
Toy and craft supplies wholesalers will continue to grow over the coming years, although at a slow and steady rate. Expanding consumer conditions will support toy and craft sales, especially as consumers embrace technologically advanced toys and games. Wholesalers will expand their video games and game consoles portfolio and incorporate more sustainable practices to keep up with shifting consumer preferences. This redirection will help boost revenue, swelling at an estimated CAGR of 1.4% to $1.6 billion through 2029.

Trends and Insights

  • Direct-to-consumer sales are limiting wholesalers' growth. This trend is forcing wholesalers to diversify their portfolios and pushing smaller manufacturers to seek alternative distribution channels.
  • Video games are stealing the spotlight from traditional toys. As technology advances and multiplayer gaming gains popularity, more consumers opt for video game consoles and games over classic toys.
  • Ontario's large population lures wholesalers. With nearly 40% of Canada's population, the province's demand and proximity to major ports make it an attractive location for wholesalers.
  • Low barriers to entry keep the market competitive. Starting a toy and craft wholesale business is relatively easy and cost-effective. This results in a large number of distributors, fueling price-based competition and preventing them from gaining market share.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 1.6 % over the past five years, to reach an estimated $1.4bn in 2024.

Trends and Insights

Changes in macroeconomic conditions impact demand

  • Demand for toys and craft supplies relies on macroeconomic factors like disposable income and consumer confidence. The discretionary nature of these products makes wholesalers reliant on consumer spending levels.
  • Additional trends and insights available with purchase
Toy & Craft Supplies Wholesaling in Canada
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

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

Trends and Insights

A flourishing economy will be a boon to toy and craft wholesalers

  • Disposable income is set to grow over the coming years, allowing consumers to spend more on discretionary purchases, like toys and craft materials, and supporting demand for wholesalers.

Biggest companies in the Toy & Craft Supplies Wholesaling in Canada

Company
Market Share (%)
2024
Revenue ($m)
2024
Profit ($m)
2024
Profit Margin (%)
2024
Stortz Inc.
9.7
N/A
N/A
Toyland Company
6.9
N/A
N/A

To view the market share and analysis for all 2 top companies in this industry, view purchase options.

Products & Services Segmentation

Toy & Craft Supplies Wholesaling in Canada
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Children's toys, Hobby and craft supplies and Video games. Children's toys is the largest segment of the Toy & Craft Supplies Wholesaling in Canada.

Trends and Insights

Children's toys evolve to keep up with video games

  • Children's toys include action figures, sporting goods, dolls, building sets, puzzles, board games and plush toys for children.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The Toy and Craft Supplies Wholesaling industry in Canada wholesales various toys and craft supplies, including dolls, games, fireworks, playing cards, model planes and arts supplies, excluding video games. Merchandise is largely sourced from domestic and international manufacturers and sold to retailers such as small toy and hobby stores, big-box merchandisers and discount department stores.

What's included in this industry?

Wholesale of vehicle toys (not including bicycles)Wholesale of colouring booksWholesale of craft and model kitsWholesale of dollsWholesale of fireworksWholesale of electronic gamesWholesale of playing cardsWholesale of board games and puzzles

Companies

Stortz Inc.Toyland Company

Purchase this report to view all 2 major companies in this industry.

Related Terms

TWEENSAGE COMPRESSIONWHOLESALE BYPASSYOUTH ELECTRONICS

Industry Code

NAICS 2007

NAICS 414460 - Toy & Craft Supplies Wholesaling in Canada

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

Direct-to-consumer sales are limiting wholesalers' growth. This trend is forcing wholesalers to diversify their portfolios and pushing smaller manufacturers to seek alternati...

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 (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • 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

Video games are stealing the spotlight from traditional toys. As technology advances and multiplayer gaming gains popularity, more consumers opt for video game consoles and g...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

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

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

Ontario's large population lures wholesalers. With nearly 40% of Canada's population, the province's demand and proximity to major ports make it an attractive location for wh...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each province
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each province in 2024
  • Number and share of revenue each province accounts for in 2024
  • Number and share of wages each province accounts for in 2024
  • Number and share of employees in each province in 2024

Detailed analysis

  • Geographic spread of the industry across North America, 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

Low barriers to entry keep the market competitive. Starting a toy and craft wholesale business is relatively easy and cost-effective. This results in a large number of distri...

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 2019-2024
  • 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

No company commands more than 5.0% of Canada's toys and craft supplies wholesale space. The diverse range of products, buyer preferences and multiple distribution channels ma...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Stortz Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Toyland Company's performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for Stortz Inc., and factors influencing its performance in the industry
  • Description and key data for Toyland Company, and factors influencing its performance in the industry

External Environment

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

Analyst insights

Health Canada’s regulations ensure that toys and craft supplies are safe for conumers. The organization restricts harmful materials like lead paint and phthalates from being ...

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 (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

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

Wholesalers' profit stays slim because of rising operating expenses and competition. Automated solutions have helped protect profit, balancing out some of the rising costs fr...

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 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2017-2022)
  • Coverage Ratios (2017-2022)
  • Leverage Ratios  (2017-2022)
  • Operating Ratios (2017-2022)
  • Assets (2017-2022)
  • Liabilities (2017-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

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 (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

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

What is the market size of the Toy & Craft Supplies Wholesaling industry in Canada in 2024?

The market size of the Toy & Craft Supplies Wholesaling industry in Canada is $1.4bn in 2024.

How many businesses are there in the Toy & Craft Supplies Wholesaling in Canada industry in 2024?

There are 563 businesses in the Toy & Craft Supplies Wholesaling industry in Canada, which has declined at a CAGR of 0.5 % between 2019 and 2024.

Has the Toy & Craft Supplies Wholesaling industry in Canada grown or declined over the past 5 years?

The market size of the Toy & Craft Supplies Wholesaling industry in Canada has been growing at a CAGR of 1.6 % between 2019 and 2024.

What is the forecast growth of the Toy & Craft Supplies Wholesaling industry in Canada over the next 5 years?

Over the next five years, the Toy & Craft Supplies Wholesaling industry in Canada is expected to grow.

What are the biggest companies in the Toy & Craft Supplies Wholesaling market in Canada?

The biggest companies operating in the Toy & Craft Supplies Wholesaling market in Canada are Stortz Inc. and Toyland Company

What does the Toy & Craft Supplies Wholesaling in Canada include?

Wholesale of vehicle toys (not including bicycles) and Wholesale of colouring books are part of the Toy & Craft Supplies Wholesaling industry.

Which companies have the highest market share in the Toy & Craft Supplies Wholesaling in Canada?

The company holding the most market share in Canada is Stortz Inc..

How competitive is the Toy & Craft Supplies Wholesaling industry in Canada?

The level of competition is high and increasing in the Toy & Craft Supplies Wholesaling industry in Canada.

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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 Canada include:

  • Statistics Canada
  • Industry Canada
  • Canadian Business Patterns

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.

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