Yes, the toy market is closed on Christmas. It is a time for families to be together and celebrate. The elves all get to have the day off, and they use the time to enjoy the holiday with their loved ones. So you should come back after Christmas to check out the toy market. But in the meantime, you can still enjoy all the other amazing things the North Pole has to offer. Like the ice sculptures, the snow, the reindeer, and of course, Santa's workshop.