The Spain Toys Market: Growth, Challenges, and Emerging Opportunities The Spanish toy market was valued at USD 1,441.9 million in 2023 and is projected to grow at a CAGR of 1.90%, reaching USD 1,708.06 million by 2032. With steady growth driven by innovation and evolving consumer preferences, this market presents exciting opportunities for brands focused on quality and creativity. Read Full Reports: bit.ly/3CVfy4b Some of the key players in the market are Mattel, Inc., Hasbro, Bruder Spielwaren GmbH + Co. KG, MINILAND GROUP and many more. #marketresearchreports #news #colombia #marketoutlook #informesdeexpertos #ide #toys #growth #toysmarket #opportunity
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Moose Toys will expand into the Mexican market with a direct-to-retail model in early 2025, bypassing third parties. With a 4% YoY growth rate, Mexico stands out as a key market for the toy industry Discover more at Mexico Business News #MooseToys #RetailExpansion #MexicoMarket #ToyIndustry #LatinAmerica #BusinessNews
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Moose Toys has expanded its Latin American presence adding Mexico to a growing list of direct-to-retail markets. “Moose’s presence throughout Latin America has been growing steadily. Adding Mexico as a direct-to-retail market is a key part of our strategy to supercharge growth in the region and an important initiative in the next phase of our overall company strategic plan. We can see the momentum building rapidly for Moose in Mexico and we are excited to take this important next step,” said Ronnie Frankowski, Global president, Moose Toys. On behalf of the entire Moose team, I want to express our appreciation to the distributors, retailers and partners for their outstanding contribution and collaboration that has helped build a solid foundation for us in Mexico over the last 12 years,” he added. “According to Circana, the Mexican Toy Industry stands out as one of just three growing markets in the G12 as of September 2024, boasting a 4% YoY growth and a solid 7.2% CAGR over the past three years. This presents a prime opportunity for us to enter this thriving market within Latin America. As we move into this new phase, we look forward to consumers having access to an even broader assortment of our innovative WOW-filled toys at retailers throughout the region,” said Tamara Stewart, Head of LATAM, Asia and Emerging Markets. Read the full release online by clicking the link below: https://lnkd.in/g9Rtdv3F ••• The Toy Universe is a business-to-business publication which talks about all things relating to the toy and licensing industry. Subscribe to The Toy Universe or follow us for more news updates!
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🎲🎉 #SMEChampions: Dima Toys - Fortifying Connections and Celebrating Resilience in Colombia's Toy Market #familybusiness #supplychainsolutions Through innovation and dedication, Dima Toys exemplifies resilience in Colombia's toy distribution sector, bridging the gap between global supply chains and local families. Their ability to adapt and overcome challenges, from funding shortages to combating smuggling, highlights the importance of flexible business strategies and community-focused missions in today's volatile market. #innovationinretail #communityimpact 📖 Full read here: https://lnkd.in/dxmB-fim
Toys and Triumphs – Bridging supply chains, companies, and families
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Retail Today / Retail Renaissance: In 2023 the toy industry, a $100 Billion Dollar Market, took a -7% sales decline. The bright spot, Denmark’s powerhouse brand LEGO! #toyindustry #lego This unbelievable toy brand has been on fire for years 🔥🔥🔥🔥. Producing $10 Billion in sales, in all major retailers throughout the world.. Now with over 900 of their own retail shops, “Lego Stores”. #lego #walmart #target #costco I have attached Lego’s sales performance for the last 20 years! Amazing growth! Opportunity: So while visiting Target throughout 4th quarter, I kept noticing their weak in-stock position on Lego. Target had expanded their Lego display to four side counters, plus end caps. Where was the problem? #lego #target Demand and display was excellent, was it vendor issues? Supply Chain ? Or Target’s push to reduce inventory? #vendor #supplychain #inventorycontrol So that brings up my recent tour through Target this week. They have 27 endcaps out to toys in January-March. That doesn’t seem productive? Best use of display space? Driving sales? End Cap sales production? #target #floorspace #saleseffectiveness Have the major retailers adapted to the new market for toys or is there a Toys R Us mindset? What percentage of toys is produced in 4th quarter? How do I maximize my floor space everyday to drive sales and profit? #sales #profit #retail #retailindustry #retailtrends #retailstrategy #stores #shoppingexperience #toyindustry #toysrus #merchandising #TopRrtailExperts
Parents bought way fewer toys last year, except for 1 classic: Legos — Business Insider
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In 2023, the biggest decline in a product category was in the licensed toy segment, which saw a -3.5% drop in revenue. Beloved brands did inspire purchases, however, as the overall Toys/Games market declined -4.5% in the same period. To learn more about which categories are growing, download the 2024 Global Licensing Industry Study today. #licensing #globalstudy #research #data https://lnkd.in/eHMdzuBa
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The global toy industry, valued at $104.2 billion in 2021, is expected to grow to $132.2 billion by 2028 (Statista). However, the industry faces several challenges. Supply chain disruptions, including raw material shortages and shipping delays, are leading to increased production costs and toy shortages. Additionally, the growing demand for sustainable toys has added pressure on manufacturers to redesign products and packaging, often at higher costs. To explore these challenges and potential solutions, watch our video by clicking below! https://lnkd.in/dg2UpQ3T #toys #toyindustry #consultant #toysbusiness
T for Toys Business | #toyindustry #innovation #trends
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Global Connected Toys Market was valued at USD 10.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17% from 2024 to 2030. By 2030, the market is expected to reach USD 32.5 billion. More Details @ https://lnkd.in/dktxW3ux Key Players in Connected Toys Market are: the LEGO Group Mattel, Inc. Hasbro VTech Sphero WowWee Fisher-Price Anki Digital Dream Labs, Inc. #ConnectedToysMarket #ConnectedToys #marketanalysis #vmrresearch
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Moose Toys expanded its Latin American presence adding Mexico to a growing list of direct-to-retail markets. Moose Toys entered the region in 2003 when it engaged a network of dedicated distributors to build relationships with retailers. The evolution to supply directly will expand the number of products available to the toymaker’s retail partners and consumers in 2025, including the new MrBeast Lab line of toys and collectibles, Moose Games, and more. Among the newly available toys appearing at retailers in Mexico in early 2025 is the recently launched MrBeast Lab line, co-created with the YouTuber and philanthropist MrBeast, aka Jimmy Donaldson. To support growth in the market, Moose is in the process of signing a local media agency to help spread awareness of its toy lines across the region. Moose Toys' transition to direct-to-retail in Mexico will commence in the first quarter of 2025. #toys #toyindustry #pressrelease #news
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𝗕𝗟𝗢𝗚 🌐 | Latin America's performance stood out amidst the challenging results for the US toy manufacturer Hasbro in 2023 🎲🃏 While the company experienced net losses of US$1.5 billion overall, Latin America remained resilient, generating revenues of US$311 million, just 1% lower than the previous year. ✴️𝗥𝗲𝗮𝗱 𝗮𝗹𝗹 𝗮𝗯𝗼𝘂𝘁 𝗶𝘁 𝗛𝗘𝗥𝗘 👉 https://hubs.ly/Q02rKsnW0 #InvestChile #InvestinChile #InvestmentOpportunities #BusinessinChile #ChileanEconomy #DoingBusinessChile #ChileNews #FDI #ChileanEconomy #BusinessOpportunities #ForeignInvestment #ChileOutlook #IPA
Hasbro backs growth of innovation and technology in LatAm
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Are Toys on the Path to a Sales Recovery? Mattel, Inc. and Hasbro recently lowered their 2024 year-end sales forecasts, but both are hopeful for a continued stabilization of the toy industry over the key holiday quarter and a return to growth in 2025. In a recent analysis, Circana reported that U.S. toy retail sales declines in the last nine months have “slowed substantially” compared... Read the article & panel discussion here: https://lnkd.in/gzpbYZss
Are Toys on the Path to a Sales Recovery? - RetailWire
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