Toy World Magazine January 2022

Page 46

NPD Insight

To monitor what’s happening in the ever-changing toy market, NPD collects point-of-sale information from all major toy retailers. This information, combined with our analysts’ industry perspectives, delivers a comprehensive view of what’s selling and where. We also field over 12m consumer surveys annually to help industry leaders understand why consumers shop where they shop and why they buy what they buy. For more information visit www.npd.com. Follow NPD on Twitter @npdgroup.

Twas the week(s) before Christmas… This month, Rory takes a deep dive into the sales figures for December and looks at the trends influencing 2020 Christmas sales.

I

’m writing this as we approach the end of 2021, another year that ended up being one most people will be happy to move on from. A couple of weeks away from completing December, easily the most important month for the industry, worth around a quarter of the year’s sales, the market is currently -5% in value vs. 2020 and -8% in volume. It is worth pointing out though, that it is +2% in value vs. 2019. Looking at the three weeks of December data we have, we can see that sales are -4% in value vs. the same three weeks last year. December ended up being in decline last year at -9% vs December 2019, so we are down on a decline last year too. What trends have driven this and what have been the success stories of December this year? The dip in December sales (up to the time of writing) represents a drop of just under £30m in overall value. December 2019 was the last time we saw any growth for the month with +1% in value vs. December 2018. However, the last couple of years have been anything but ordinary, with December 2020 coming on the back of a November lockdown

and an increase in early shopping. This led to the -9% in December 2020 being driven by a big decline in impulse purchases, with consumers possibly not buying as many stocking fillers. But where has the decline come from in December 2021? We have seen a similar -10% volume decline, so maybe we can spot some trends by looking at price points. It is in fact the under £20 price point that has been driving the decline this year, as it was at this stage in 2020, being down -10%. The over £20 price point is in slight growth vs. 2020 at +1%. It appears to be the impulse area that has suffered again, this price point is -17% vs. the same period in December 2019. The positive trend in the over £20 category is being driven by growth in Building Sets, Fashion Dolls and Electronic Entertainment. Let’s take a closer look at some of the items that have been doing well in December. The No.1 item in December at the time of writing is the Barbie Dreamhouse from Mattel, which has the highest average price of any item in the top 10 at £229. Sales are up on the same period in 2020 too, and it was also one of the standout items of that

UK weekly toy sales December 2021

Overall toy sales in December are -4% vs. 2020 and -9% vs. 2019

£106,822,592 £105,885,175 £102,822,675

UK weekly toy sales December 2021 £104,041,832

year. The item at No.3 for December so far is Magic Mixies from Moose Toys, a new item for 2021 and one that has appeared on many top toys lists for the year. Combining elements of several top trends, this item has been popular since launch and, at an average price of just under £70, has been another big Christmas item in December. The list of top items reveals why the over £20 price point is the growing area of the market; there is only one top 10 item under £20: Pictionary Air from Mattel. Even outside the top 10, the list is heavily weighted towards higher priced items, with a few notable exceptions. Purse Pets from Spin Master (another new introduction for Christmas 2021) has an average price just over £20 and has performed well in December reaching No.32. Another item that has performed very well is the Polly Pocket Sweet Treat from Mattel at an average price of £13.50, coming in at No.15 for December to date. This would normally be the period where games items feature highly in the top items, but the top 50 includes only seven games, compared to 12 for the same period in 2020. Are we starting to see some games fatigue after such strong growth last year during the pandemic? Although by the time you read this, games may have featured strongly in the final two weeks of the year.

Overall toy sales in December are -4% vs. 2020 and -9% vs. 2019

£97,367,123

£106,822,592 £105,885,175

£104,041,832

£102,822,675 £97,367,123

Week 48

Week 49

Week 48

2020

Week 50 Week 50

Week 49 2020

2021

The NPD Group, Inc. | Proprietary and confidential

The NPD Group, Inc. | Proprietary and confidential

£94,868,922

£94,868,922

2021 Source: The NPD Group | Retail Tracking Service | UK |Weekly Data

Document classification: Client/Third Party Confidential

Document classification: Client/Third Party Confidential

Rory Partis

Director UK Toys & EuroToys NPD

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So, to sum up December 2021 with what we have seen so far, the toy market seems a bit behind where we would have liked to have seen it. A number of factors have been feeding into these trends; the pandemic still being with us coupled with stock and general unease at spending will have all played a part. However, with a fortnight to go, the UK toy market was +2% vs. 2019, with time potentially to still improve on that number.

Source: The NPD Group | Retail Tracking Service | UK |Weekly Data

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Special Feature - Toy industries of Europe

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page 334

Special Feature - Supply chain challenges

8min
pages 330, 332

Viewpoint

8min
pages 326, 328

Q&A - Haico

5min
page 324

Retail Profile - Colart

4min
page 322

Ones to watch - Fabula Toys

11min
pages 200, 202

Company Profile - Just Play

7min
pages 196, 198

Company Profile - Jazwares

7min
pages 192, 194

Company Profile - One for Fun

8min
pages 188, 190

Touching Base - Looking ahead

48min
pages 166, 168, 170, 172, 174, 176, 178, 180, 184, 186

Special Feature - 2022 London Toy Fair

9min
pages 153-154

Special Feature - Bildo

16min
pages 146, 148, 150

Feature - Nuremberg Preview

5min
page 108

Feature - Showcase

6min
page 82

Company Profile - Mattel

13min
pages 76, 78, 80

Special Feature - Toymaster

9min
pages 72, 74

Opinion - Letter from America

4min
page 64

Talking Shop

29min
pages 53-54, 56, 58, 60, 62

NPD Insight

6min
pages 46, 48

Opinion - Generation Media

5min
page 36

Industry Moves

6min
pages 26, 28

Company Profile - Very

10min
pages 66, 68

From the publisher

5min
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