If you're feeling nostalgic, you could also consider finding a treasured toy from the past. One throwback option is the Evel Knievel Stunt Cycle from 1973, which can be found at the Toy Shack in Las Vegas. In a world dominated by online shopping, taking a stroll through a physical toy store can be a fun and unique experience.

While supply chain concerns and inflation have affected the availability and pricing of many goods, reports of toys selling out are not as common as in previous years. With Amazon Prime subscriptions estimated to reach 150 million this year, the way people shop for toys has also changed.

For grown-ups looking for toy options, there is a new "kidult" moment happening. The Toy Insider suggests the Harry Potter Tamagotchi Nano, Pokemon puzzles, DZNR plush collectible toys, and the Yellowstone Party Game as great options for adults who still love to play.

Overall, the hottest Christmas toy of 2023 is anyone's guess, but these top contenders and nostalgic throwbacks are sure to bring joy to many this holiday season.