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[Business Opportunities in the Epidemic Market] Toy E-commerce has Become a New Business Opportunity in the Epidemic Market

  • HKET
  • 27/04/2023 08:36

In recent years, the global toy industry has been showing a steady development trend. According to market research company Euromonitor, by 2021, global toy sales will reach 105 billion US dollars, and the Asia-Pacific region, including China and the Middle East and Africa, will be the next 5 The growth point of the annual toy market. In addition, smart toys incorporating technological elements are becoming more and more popular. According to a report by PRNEWSWIRE, the global smart toy market is expected to reach US$24.65 billion by 2025, with a compound annual growth rate of 15.5% from 2017 to 2025.

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