BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR HOBBIES INDUSTRY

Germany is among the highly extensive, high-valued and central countries of the European and global hobby industry. This is due to the state featuring a comprehensive and highly-valued hobby sector. It comprises more than 430 000 enterprises that direct and indirectly employ more than 58 300 specialists. They operate within diverse companies. These vary from small and medium-sized enterprises to extensive, time-honoured corporations. This results in the production of high annual turnovers. For example, the toys and hobby market segment of the industry has, in recent years, reached a value of around 9 000 000 000 EUR. It is also expected to reach a value of 10 000 000 000 EUR in the upcoming years at a CAGR of 2.35%. There are several leading causes for the German hobby segment’s comparatively high potential for growth. Among the central ones is its chief focus on researching and developing innovations. This enables it to adapt to the latest challenges and consumer trends. It additionally permits it to expand and incorporate emerging hobbies such as electronic games. Generally, the industry displays its latest innovations during annual trade expos. Such events, hosted in diverse cities, attract hundreds of thousands of attendees.