Industry Analysis & Industry Trends
China is the largest manufacturer of toy products, manufacturing over 70.0% of the world's total. In 2012, the Toy Manufacturing industry is set to generate $25.0 billion, up 5.8% for the year, and reflecting annualized growth of 8.2% over the past five years. as As Chinese household incomes increase and families choose to spend more on their children, domestic demand has been increasing 10.1% annually over the five years through 2012 to total $10.1 billion.
This industry contributes significantly to employment levels in China with a forecast 7,331 businesses operating almost 12,463 establishments, and employing over 645,129 people in 2012.... purchase to read more
Industry Report - Industry Products Chapter
Currently, toy manufacturers in foreign countries are able to produce as many as 150,000 different kinds of toy products a year, of which 5,000 to 6,000 are new designs. By comparison, there are only 3,000 different kinds of toys produced in the Chinese market, and most are for children aged four to eight years old. Toys for infants and adults are limited.
Electronic toys
Electronic toys dominate this industry, accounting for 23.3% of revenue. This segment includes video games and battery-operated toys. Video games have increased in popularity over recent years. Foreign brands, including Sony, Microsoft and Nintendo, dominate this segment. Battery-powered toys include plastic toys for toddlers and children that operate with batteries... purchase to read more