Global Toy News’ Post

The Best Toy Industry Businesses to Be In for 2024 - Read this article and more on Global Toy News

The Best Toy Industry Businesses to Be In for 2024 - Read this article and more on Global Toy News

The Best Toy Industry Businesses to Be In for 2024 - Read this article and more on Global Toy News

The Best Toy Industry Businesses to Be In for 2024 - Read this article and more on Global Toy News

The Best Toy Industry Businesses to Be In for 2024 - Read this article and more on Global Toy News

Used toys, what are your thoughts about it? I connect used toys to new owners passionately, specifically: Lego. A chance encounter on a plane in 2016 sparked the inspiration behind my little store on Carousell Group, Re.Playwell. While stowing my laptop bag under the seat during a flight to Hanoi, I stumbled upon a lone Mickey Mouse Duplo Figurine. I picked it up and carried it along in my bag for years. Fast forward a few years, and that same Mickey became a cherished companion for my daughter as she discovered the joys of Duplo and all things Disney. Witnessing the enduring spark of creativity and imagination that same Mickey figurine ignited in my daughter made me wonder: "How many other preloved toys were out there, waiting to inspire another generation of children?" The answer, as it turns out, is a lot! The used toy market is booming, expected to reach a staggering $23 billion in the US alone by 2027. This growth is fueled by a confluence of factors: Cost-consciousness, Sustainability, and Shifting attitudes. The stigma associated with used toys is fading, replaced by an appreciation for the value and lifespan of well-maintained playthings. With Re.Playwell, my passion is to give preloved Lego a second chance to inspire young minds. I deeply believe in the power of play to spark creativity, develop problem-solving skills, and foster a love for learning. Follow me on this journey as I hope to see how far I can bring this lil' venture and to be a part of this growing trend and contribute to a more sustainable and playful future! If you're interested in checking out what I have in store, click here>> https://lnkd.in/gjuYkQut #duplo #leggodt #playwell #inspire #prelove #toys #usedtoys #sustainableplay #affordabletoys #lego Would you buy used toys for your kids?

🌟 Children’s Toy Market: Steady Growth & Rising Hobby Market Share! 🌟 The global toy market continues to thrive, with the overall market size growing from $305.81 billion in 2022 to $391.62 billion by 2030, at a CAGR of 3.14%. 🚀 As one of the key segments, the Children's Toy Market is showing impressive growth. In 2023, it reached $134.1 billion, and it’s expected to grow to $198.3 billion by 2032, with a CAGR of 4.5%! 🎉 Among these, High-Impact Kids Toys are leading the charge! These toys, which significantly contribute to children’s intellectual and physical development, currently have a market size of $41.2 billion and are projected to grow to $63.5 billion by 2032. 📚👾 💡 High-impact toys not only support educational diversity but also have substantial economic and social benefits. Let's invest in toys that make a difference! 🎨🤖 #Toys #ChildrensToys #ToyMarketGrowth #ImpactfulToys #KidsEducation #ToyIndustry #GlobalMarket

After successfully selling millions of toys from hundreds of brands, we embarked on the journey to create our own toy brand. When we conceptualized the brand vision for ‘Open Ended,’ these key points were our North Star : 🔵 Toy - The Product: 1) High Repetitive Engagement:     We aim for our toys to significantly outlast others in terms of playtime. Among a child's 15-20 toys, ours should be the one they voluntarily choose the most. 2) Maximizing Playtime Benefits:     Our toys are designed to ensure children gain the maximum benefit from their playtime without compromising on the pure fun and enjoyment that play should bring. 3) Longevity and Versatility:     Our toys are created to grow with the child, offering different uses at various developmental milestones. Whether brought back after months of toy rotation or used in ways we hadn’t even imagined, our toys are meant to be ‘Open Ended’—encouraging creative and evolving play. 4) Quality and Safety:     We are committed to using the highest quality materials and colors, ensuring our toys are completely safe and durable—this is non-negotiable. 🔴 Customer & The User: 1) Understanding the Toy Industry:     In the unique world of toys, the actual user is often different from the purchaser. Our goal is to bridge the gap between what children want and what parents choose for them. 2) Embracing Individuality:     We recognize that no two children are the same, which is why we don’t adhere strictly to age-appropriate guidelines. Instead, we offer suggested age groups, trusting that parents are the best judges of what their child needs at each stage. This brief vision is what laid the foundation for Open Ended by Toycra! Tanya Shah Toycra #madeinIndia #toydesign #innovationinplay #toyproduction #futureofplay #toyindustry

Fifth edition of Play for Change Awards open for submissions TIE: Toy Industries of Europe (TIE) is calling on all toy suppliers with a vision for change to enter the fifth edition of the European Play for Change Awards. The awards celebrate purpose-driven toy companies who promote positive societal change through their toys and initiatives. The awards welcome applications in three categories: Diversity & Inclusion, Sustainability and Life Skills. The Diversity & Inclusion category recognises toys and initiatives which promote diversity in terms of gender, race, status, religion and ability, fostering an inclusive play environment where every child feels represented and valued. Sustainability celebrates efforts to reduce the environmental impact of toys, from eco-friendly materials to innovative packaging solutions and sustainable processes, or to inspire children to become stewards of the planet. The Life Skills category will be awarding toys and initiatives which equip kids with essential skills for the 21st century, such as emotional resilience or coding, preparing them for success in an ever-changing world. #toys #toynews #awards #change #toyindustry #playforchange

𝐖𝐫𝐢𝐬𝐭𝐛𝐚𝐧𝐝 𝐑𝐞𝐦𝐨𝐭𝐞 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐌𝐢𝐧𝐢 𝐂𝐚𝐫 👉👉𝐆𝐞𝐭 𝐘𝐨𝐮𝐫𝐬 𝐍𝐨𝐰:👇 https://lnkd.in/g-B6SNXn ✅𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐚 𝐦𝐢𝐧𝐢 𝐜𝐚𝐫 𝐫𝐢𝐠𝐡𝐭 𝐟𝐫𝐨𝐦 𝐲𝐨𝐮𝐫 𝐰𝐫𝐢𝐬𝐭 Imagine having a remote-controlled car ready to go whenever you are — right on your wrist! With this innovative gadget, your child can steer a mini car on-demand with just a button press. No more bulky remotes to carry around — the car's garage is right on your wrist for ultimate portability. It's like being a secret agent with a fun gadget that turns everyday boredom into an adventure! ✅𝐊𝐞𝐞𝐩 𝐤𝐢𝐝𝐬 𝐞𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐞𝐝 𝐚𝐧𝐲𝐭𝐢𝐦𝐞, 𝐚𝐧𝐲𝐰𝐡𝐞𝐫𝐞 Tired of hearing "I'm bored" from your little ones? This wrist-worn car ensures kids have a fun distraction no matter where they are — at home, in the car, or while waiting in line. It’s small enough to take anywhere but packs enough fun to keep them engaged for hours. This toy is ready to play whenever they are! ✅𝐀 𝐮𝐧𝐢𝐪𝐮𝐞 𝐭𝐨𝐲 𝐭𝐡𝐚𝐭 𝐬𝐭𝐚𝐧𝐝𝐬 𝐨𝐮𝐭 When every kid has the same toys, why not give yours something totally different? This wrist-worn car is a conversation starter and a head-turner at any playground. It’s not just a toy; it’s an accessory that makes kids feel unique and special. Watch their faces light up when their friends ask, "Whoa! What’s that cool gadget?" ✅𝐒𝐢𝐦𝐩𝐥𝐞 𝐭𝐰𝐨-𝐛𝐮𝐭𝐭𝐨𝐧 𝐜𝐨𝐧𝐭𝐫𝐨𝐥𝐬 𝐦𝐚𝐤𝐞 𝐢𝐭 𝐞𝐚𝐬𝐲 𝐭𝐨 𝐮𝐬𝐞 No complicated instructions or tricky buttons — just two simple controls for easy play. Kids can pick it up and start racing right away without any frustration. The straightforward design makes this toy perfect for young kids learning to control remote cars for the first time. It’s as intuitive as playtime should be. #WristbandCar #MiniCarFun #PortableToy #RemoteControlCar #KidsToys #AdventureOnTheGo