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Toy Industry May See Explosive Growth

Dec 27, 2022

The toy industry is one of the most plastic-intensive industries in the world, and environmental protection is becoming a new trend in the industry. It is reported that Mattel, Lego, Hasbro, Bandai and many other toy giants, including the low-carbon, environmental protection into the production and development goals, and one after another to launch environmentally friendly toy products. The latest data show that by 2030, the global market size of environmentally friendly toys is expected to reach $59.6 billion (about 416.5 billion yuan).

 

According to CCTV Finance "World Finance" report: the end of the holiday season is approaching, buy a toy to send children, become a common choice of many parents. In addition to the classic plush toys, all kinds of goods highlighting the concept of environmental protection are becoming more and more popular.

 

In a toy store in New York City, the shelves are full of plush toys, blocks, key chains, so that many parents straight out of the eyes. Toy sales have continued to pick up this year, and with the approach of the end of the holiday season, the store's business is getting better.

 

At the same time, due to increased awareness of environmental protection, environmentally friendly toys are becoming a new trend in the industry. Many blocks, board games on the outer packaging will be marked "green" "recyclable" and other words, highlighting the concept of environmental protection.

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New York City, USA Marianne: When shopping, whether the toys are environmentally friendly is also an aspect that I have to consider, but to be honest, there are not many environmentally friendly toys, I am willing to spend more money to buy environmentally friendly goods.
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Data show that in 2020, the global market for environmentally friendly toys is at $18.9 billion, and by 2030, the figure is expected to reach $59.6 billion, or about RMB 416.5 billion.