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September 1, 2024
By 2030, and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates weve seen in decades have created challenging conditions for manufacturers and retailers, and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, bigname companies report that sales have started to slip back once again. Lets have a look at some of those numbers. Global toy sales reached $108] billion in 2023, a 2% d...
September 1, 2024
Brands barbie, fisherprice and moi, that is mattel to find out how his companys fortunes are being revived. Wherever you are joining around the world, once again hello and welcome to the programme. It is a billiondollar industry driven by creativity and innovation with a global reach and a diverse market. The toy industry is forecast to reach $302 billion in sales by 2030 and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we...
September 1, 2024
Give the toy industry a muchneeded boost? this time, its not about spending on toys for children, but adults socalled kidults. An emerging generation of over18s is snapping up collectables and nostalgia brands, and they say its good for their mental health. Im going to be discussing that and more with my guests the boss of buildabear, the stores where you can create a bespoke teddy bear, and the chief executive of the worlds biggest toy company and arguably one of its most iconic brands, lego....
January 5, 2024
The study, commissioned by the Department for Promotion of Industry and Internal Trade, was released by DPIIT secretary Rajesh Kumar Singh on Thursday | Latest News India
August 14, 2022
Indian toy manufacturers have scaled up production amid propulsive factors of rising demand and favourable government policies; they are also eyeing global markets
March 1, 2021
India holds export potential in toy sector, says Commerce Secretary Anup Wadhawan SECTIONS Last Updated: Mar 01, 2021, 11:24 PM IST Share Synopsis "Toy manufacturing clusters should be developed by State Governments to attract international players to set up their manufacturing base in India," Commerce Secretary Anup Wadhawan said. The Secretary also emphasised on the promotion of toy-based tourism, local toy banks and libraries. Stressing upon Indias significant export potential in the toy sec...